According to information posted by IGL on its website, CNG price was hiked from Rs 74.09 to Rs 75.09 per kg, while in Noida, Greater Noida and Ghaziabad the rate went up from Rs 78.70 to Rs 79.70 per kg.
Union Finance Minister Nirmala Sitharaman has been holding pre-budget consultation meetings with various stakeholders, economists and experts since June 19. The upcoming budget is the first budget of Modi government after winning the third term.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.
Market closing update: Rallying for the sixth straight session, the BSE benchmark Sensex climbed 141.34 points or 0.18 per cent to settle at a new closing peak of 77,478.93. The Nifty rose 51 points or 0.22 per cent to settle at its fresh closing high of 23,567.
BoE Governor Andrew Bailey said in a statement alongside the decision that it was "good news" that the latest data had shown inflation was back at its 2% target, but that it was too soon to cut rates
According to the data released by Switzerland's central bank, Indian funds in Swiss banks were down 70 per cent to the lowest in four years at 1.04 billion.
Japan’s Nikkei declined by 0.70%, Korea’s Kospi gained 0.13%, and Australia’s ASX200 saw a marginal decrease of 0.03%. In Europe, the UK’s FTSE rose by 0.17%, driven by expected inflation figures, while Germany’s DAX fell by 0.35% and the UK’s FTSE increased by 0.60%.
At an event by CRISIL, Adani Group Chairman Gautam Adani said, "I can very confidently say that as we stand here today India’s infrastructure industry is undergoing a stunning change the impact of which we will be able to appreciate fully when we look back a decade later."
Small- and mid-cap stocks also hit all-time highs, rising 0.5% and 0.35%, respectively. Wall Street's strong performance, with the S&P 500 and Nasdaq Composite closing at record levels, further boosted market sentiment.
Analysts attribute the rally to robust corporate earnings, favourable global market trends, and investor optimism about the domestic economic outlook.
The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana provides financial aid to landholding farmer families, offering Rs 2,000 every four months. Prime Minister Narendra Modi announced the release of the 17th installment, totaling Rs 20,000 crore, benefiting 9.3 crore farmers.
Eid-al-Adha 2024: Bakra Eid is a holy occasion also called the 'festival of sacrifice' and is celebrated on the 10th day of Dhu al-Hijjah, the 12th month of the Islamic or lunar calendar. It marks the end of the annual Hajj pilgrimage. The festival is an occasion of joy and peace.
The petrol and diesel prices are likely to go up in Karnataka as the Congress-led state government revised sales tax.
The Insurance Regulatory Development Authority of India (IRDAI) has introduced new customer-friendly measures for health insurance. Insurers must now cover additional costs if claims are not settled within three hours of discharge.
The wholesale price index (WPI) based inflation was 1.26 per cent in the previous month. It was (-) 3.61 per cent in May 2023.
In a report titled Credit Conditions Asia-Pacific H2 2024 Credit Outlook, Moody's Ratings said Indonesia, the Philippines and India led the way in terms of growth in first half of 2024 and should continue to outperform pre-Covid growth numbers.
Manila is at first position with a 26.2 per cent annual growth in prices, followed by Tokyo at 12.5 per cent.
The Union Finance Minister Nirmala Sitharaman will chair the 53rd Goods and Services Tax Council meeting, with finance ministers from states, among others in attendance.
Nirmala Sitharaman was given the charge of the finance portfolio in the second stint of the Modi government after the 2019 general elections, becoming the first full-time woman finance minister in the independent India. In the third stint, PM Modi reposed his faith in her leadership.
The Indian stock markets opened at fresh record highs on Thursday following the US Federal Reserve's decision to keep interest rates unchanged. The Fed also indicated only one rate cut by the end of the year despite high inflation.
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