The RBI reported that 97.82% of Rs 2000 banknotes have returned, with only Rs 7,755 crore still with the public. Withdrawal was announced on May 19, 2023, with significant reduction in circulation since.
The Indian stock market witnessed a historic surge as the Sensex and Nifty soared to record highs just one day before the Lok Sabha election results. The Sensex surged by an astounding 2,507 points, closing at 76,469, while the Nifty climbed 733 points to settle at 23,264.
The increase in prices of all variants of milk is effective from Monday (June 3) in Delhi-NCR as well as other markets where it has a presence.
The massive jump of Sensex and Nifty comes amid the predictions of Prime Minister Narendra Modi's return with a huge victory. The early trade on Monday morning witnessed a positive upward trend ahead of the final results of the Lok Sabha elections.
Ahead of the Lok Sabha election results, the Gujarat Milk Marketing Federation has announced a price hike for Amul milk, impacting the cost of Amul Gold, Amul Taza, and Amul Shakti by at least Rs 2 per liter, effective from Monday.
There are around 855 user fee plazas on the national highway network on which user fee is levied as per the National Highways Fee (Determination of Rates and Collection) Rules, 2008.
DIAL's energy-saving measures include the integration of green building practices, the use of energy-efficient infrastructure, and ongoing efforts to optimise consumption. Through these, DIAL has successfully brought down electricity consumption per passenger from 5.18 kWh to 2.21 kWh in 2023.
According to Finance Ministry, the gross GST collection in the second month of financial year 2025 registered a n year-on-year growth due to increased revenues from domestic transactions amid slowing of imports.
DIAL's awareness session in Rangpuri Pahari was organised to address the increasing incidents of bird strikes, especially during the monsoon season. The campaign highlighted the importance of proper waste management and the impact of open waste dumping on aviation safety.
India's GDP growth surged to 7.8% in the March quarter, driving the annual growth rate to 8.2%, as per official data. This growth outpaced China's 5.3% in the same period.
In the biggest logistical exercise to move huge quantity of gold since 1991, the Reserve Bank of India transfers 1000 tonnes of gold to its vaults in India. The move is guided by the management of overseas gold reserve considering its rise in recent years.
From the Sensex basket, Larsen & Toubro, Mahindra & Mahindra, Bajaj Finance, UltraTech Cement, NTPC, IndusInd Bank, Tata Motors and Titan were the major gainers.
TIME magazine has included Reliance Industries, led by Mukesh Ambani, and Tata Group in its prestigious list of 100 World's Most Influential Companies for 2024. Reliance Industries, termed 'India's Juggernaut' by TIME, marked its second appearance on the list.
S&P Global Ratings has upgraded India's credit rating outlook from stable to positive, citing policy stability, deepening economic reforms, and high infrastructure investment as crucial drivers of sustained long-term growth. The sovereign rating remains at 'BBB-', the lowest investment grade.
The sharp declines in both indices signal investor concerns and potential volatility in the coming days. The downturn affected a broad range of sectors, contributing to the overall market slump.
The rating agency's positive outlook on India is predicated on its robust economic growth, pronounced improvement in the quality of government spending, and political commitment to fiscal consolidation.
The market opened in red on second consecutive day on Thursday morning. In the early trade, the 30-share BSE Sensex fell 183.39 points to 74,319.51. Meanwhile, the Nifty declined 58.90 points to 22,645.80.
Gold-Silver prices on May 30: Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Thursday. Check the latest city-wise prices here.
The last time when the rating agency upgraded India's outlook was in 2014, from negative to stable. And in 2024, the agency has again upgraded it from stable to positive.
Paytm has dismissed a report that claimed billionaire Gautam Adani was negotiating with CEO Vijay Shekhar Sharma to acquire a stake in the digital payments firm.
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