Business

17 seconds ago Business In view of the huge turmoil in the stock market after the Lok Sabha election results, the dabba traders decided to remain closed from May 31 to May 10 to prevent currency erosion and avoid losses, which proved to …

Torrent Pharmaceuticals Ltd on Wednesday announced that it has entered into a non-exclusive patent licensing agreement with Takeda to commercialise its drug, Vonoprazone, in the Indian market. Vonoprazone is a novel potassium competitive acid blocker (p-CAB) used to treat acid-related disorders – gastroesophageal reflux disease (GERD). Torrent will market Vonoprazone …

Gold Rate Today: Gold rose on strong buying in precious metals following a fall in US dollar rate and US Treasury yields. Gold August 5 futures on MCX opened at Rs. 72879 per 10 grams and touched an intraday high of Rs. 73045 by 11 am. At 11.02 am, it …

Stock Market Today: After the results of the Lok Sabha elections 2024, investors seem to be getting relief from the assurance of NDA forming the government for the third consecutive time. By 10.18 am today, the Sensex managed to cross the 75000 level with a jump of 696.46 points. Nifty …

New Delhi: Despite the “unexpected” election results, CEOs of Indian companies are hopeful that the new government will continue economic reforms and maintain policy continuity. Industry leaders are calling for sustained economic growth by upgrading infrastructure and boosting manufacturing through productivity-enhancing schemes. The election results came as manufacturing activity slowed …

Mumbai: Cryptocurrencies led by Bitcoin surged in the last twenty four hours on rising expectations of the US Federal Reserve cutting interest rates in September. Bitcoin once again crossed the $71,000 level. The number of job openings in the US fell to a three-year low in April, raising the possibility …

Mumbai: Activity in India's services sector slowed to a five-month low in May due to a slowdown in domestic demand. However, export demand for services remained strong and job creation was at a 21-month high. The HSBC Purchasing Managers' Index (PMI) for the services sector compiled by S&P Global fell …

13 mins ago Business Bonus Stock Split: The board of Maruti Infrastructure will meet on June 22 to consider the issue of bonus shares. This will be the first time in the company's history that it will consider such a proposal. Maruti Infrastructure …

Mumbai: Gold and silver witnessed stability in the global market as the possibility of a cut in interest rates by the US Federal Reserve increased, due to which the prices of precious metals remained stable at the domestic level. The rupee strengthened against various global currencies. The rupee returned to …

Ahmedabad: After a massive drop in investor wealth yesterday, Indian stock markets today saw a massive recovery as low-head short covering helped act as a balm on the wound. Sensex today rose 2303 points and Nifty 736 points on fresh buying by local institutions, funds, operators on the news of …