Stock markets: The 30-share BSE Sensex jumped 418.45 points or 0.67 per cent to settle at 63,143.16. Meanwhile, the NSE Nifty climbed 114.65 points or 0.62 per cent to end at 18,716.15.
QIP is a method wherein a firm issue shares to the public without going through regulatory compliance.
As per the latest data issued by the Society of Indian Automobile Manufacturers (SIAM), dispatches of passenger vehicles (PVs) from manufacturers to dealers were at 2,94,392 units in May 2022.
The stock limit has been imposed on traders, wholesalers, retailers, big chain retailers and processors till March 31, 2024.
This is the fourth straight month when retail inflation has declined and the third month in a row that Consumer Price Index (CPI) based inflation remained within the RBI's comfort zone of below 6 percent.
Jagannathan, after attaining superannuation from the United India Insurance as its Chairman and Managing Director, founded Star Health and Allied Insurance with the backing of Dubai-based ETA Group.
During 2022-23 the bank initiated more than 35 digital journeys, including different RAM segments and opening new accounts under CASA through Tab banking to reduce turnaround time.
Gene Fang, Associate Managing Director of Moody's Investors Service, stated in an interview with PTI that India's general government debt will be approximately 81.8% of GDP in 2022 and 23 and that the country will have low debt affordability.
The development closely follows IndiGo’s addition of a third daily flight on the Mumbai-Mangaluru route on May 22, an airport release in Mangaluru said.
Going ahead, stronger inflows from the mutual fund space in equities are expected on positive macro numbers and the current fair value of Nifty, Feroze Azeez, Deputy CEO of Anand Rathi Wealth, said.
The oil refining and marketing company, which was the top bidder even in the previous auction of gas from the eastern offshore KG-D6 block of Reliance-bp, bid the volumes on behalf of seven fertilizer plants.
Nageswaran said that the "heartening achievement for the government and economy" of 7.2% GDP growth when he spoke at this event hosted by the Bharat Chamber of Commerce.
All 24 life insurers had a collective new business premium income of Rs 24,480.36 crore in the same month a year ago (May 2022).
Digital India: As per the data, India in the year 2022 accounted for 46 per cent of the global real-time payments, adding that the digital payment transactions in India are more than the other four leading countries combined.
As an interim measure, the airline has made arrangements for an alternate uniform for cabin crew in order to maintain business operations.
Notices were sent to CFO Sameer Rao, former MD Manu Jain, and three banks for FEMA violation of Rs 5,551 crore on Friday.
2023 marks a defining moment for the logistics industry as it is likely to see progress on efficient transportation, resource deployment and optimisation.
State Bank of India board approved to raise Rs 50,000 crore through debt instruments during FY24.
Byju's layoffs: The sales and marketing teams at the company are likely to bear the brunt most by this decision.
The Fast-Moving Consumer Goods (FMCG) sector has emerged as a favourite space for FIIs. Notaly, the FMCG sector is considered defensive because it tends to perform relatively well even during economic uncertainty.
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