Inflation data, Q4 earnings, global trends to drive stock markets this week: Analysts
Stock markets will be driven by domestic inflation data, ongoing quarterly earnings from corporates and global trends this week, analysts said. News flows around the general election would also be tracked by investors, market experts said. Besides, investors would also take cues from the trading activity of foreign investors, the movement of...
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Large PSUs spend Rs 50,200 crore in capex in April
13 May 2024 | PTI -
Next round of talks for India, Asean trade pact review in July
13 May 2024 | PTI -
China largest trading partner of India in FY24 with USD 118.4 billion
13 May 2024 | PTI -
With neighbour like China, we have to learn to compete: EAM Jaishankar on boosting India's manufacturing
12 May 2024 | PTI -
IMF doubts cash-strapped Pakistan's repayment capacity as support team arrives in Islamabad
11 May 2024 | PTI -
Bank of Baroda Q4 profit rises marginally to Rs 4,886 crore
11 May 2024 | PTI -
Gold, silver prices rebound on bullish global trend, strong domestic demand
11 May 2024 | PTI
Cipla net profit jumps 78.7 per cent to Rs 931.87 crore in Q4
Pharma major Cipla Ltd on Friday reported a 78.7 per cent jump in consolidated net profit to Rs 931.87 crore in the March quarter on the back of higher sales. The company had posted a consolidated net profit of Rs 521.51 crore in the year-ago period, Cipla Ltd said in a...
India forex reserves jump by USD 3.66 billion to USD 641.59 billion: RBI
After three consecutive weeks of drop, India’s forex reserves increased by USD 3.668 billion to USD 641.59 billion for the week ended May 3, the RBI said on Friday. The overall kitty dropped USD 2.412 billion to USD 637.922 billion for the previous week ended April 26. For the week ended...
ITA seeks financial help from Centre to support struggling Darjeeling tea industry
The Indian Tea Association (ITA) on Friday reiterated its plea for financial assistance from the Centre to support the struggling Darjeeling tea industry. According to the ITA, the situation in Darjeeling is critical due to decreasing yields and plummeting prices. Without a financial relief package, the survival of the Darjeeling tea industry...
SGGSCC celebrates 40th Annual Day
Sri Guru Gobind Singh College of Commerce, University of Delhi, organized its 40th Annual Day on Tuesday, 7th May 2024. Principal of the college, Prof. Jatinder Bir Singh, in his address, congratulated the students for their achievements in academics and co-curricular events. He recounted how in its brief history of forty...
As many as 17 firms under IT hardware PLI to start production this year, says IT Secretary
Majority of personal computer and server makers selected under the IT hardware production-linked incentive scheme are expected to start production this year, a senior government official said on Friday. “... About 17 out of 27 PLI companies will start production this year. Around 6-7 of them started production last year and...
China willing to help Indian firms to cater to its market demand: Envoy
The Chinese market is open to all countries, including India, China’s new envoy to India, Xu Feihong, has said, maintaining that Beijing understands New Delhi’s concerns over its burgeoning trade deficit and is willing to address this issue by facilitating more Indian companies to tap the Chinese market. The trade deficit,...
Rupee settles 1 paisa lower at 83.49 against US dollar
The rupee stayed range-bound and settled 1 paisa lower at 83.49 (provisional) against the US dollar on Friday, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said significant foreign fund outflows dented investors’ sentiments. At the interbank foreign exchange market, the local unit traded...
