Equity benchmark Sensex rallied 447 points to close above the 45,000-level for the first time on Friday, tracking strong buying sentiment in financial stocks after RBI's policy outcome.
Petrol price in Delhi rose to Rs 82.86 per litre from Rs 82.66. Diesel rate went up from Rs 72.84 to Rs 73.07 per litre.
Currently, RTGS is available for customers from 7.00 am to 6.00 pm on all working days of a week, except second and fourth Saturdays of every month.
CPI inflation rose sharply to 7.3 per cent in September and further to 7.6 per cent in October, RBI Governor Shaktikanta Das said while unveiling its bi-monthly monetary policy review.
In October, the RBI had projected the contraction in gross domestic product (GDP) at 9.5 per cent.
RBI Governor Shaktikanta Das made the announcement while announcing the decisions taken by RBI's Monetary Policy Committee (MPC).
Sensex on Friday hit the 45,000-mark for the first after. The Nifty was trading over 13,200-mark as the Reserve Bank of India announced the monetary policy decisions.
Equity benchmark Sensex jumped over 200 points in early trade on Friday tracking gains in index majors HDFC Bank, L&T and ICICI Bank ahead of the Reserve Bank of India's monetary policy outcome.
Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent and continued with its accommodative stance to support growth. The committee, which has cut rates by 115 basis points since the Covid-19 crisis hit in March, has kept rates on hold since May.
IT major HCL Technologies' Roshni Nadar Malhotra has topped a list of the richest women in the country with a networth of Rs 54,850 crore.
Tata Group may buy majority stake of upto 80 per cent in India's online grocery store BigBasket which is currently backed by China's Alibaba Group Holding Ltd.
E-commerce major Flipkart on Thursday announced a "partial spin-off" of PhonePe as the digital payment firm raises USD 700 million in funding, valuing it at USD 5.5 billion.
Swiss Food company and drink major Nestle on Thursday said it would invest around USD 3.6 billion over the next five years to cut greenhouse gas emissions across its manufacturing locations.
Air India employees are preparing to bid for the national carrier in partnership with a private equity fund and each employee will be asked to contribute Rs 1 lakh towards the bid.
Burger King India's initial public offer was subscribed 9.38 times on the second day of subscription on Thursday. The company's initial public offer (IPO) received bids for 69,86,61,250 shares against the total offer size of 7,44,91,524 shares, as per data available with the NSE.
In a pleasant news for government employees in West Bengal, the Mamata Banerjee-led Trinamool Congress government has announced a 3 per cent hike in dearness allowance next month onwards.
Shares of HDFC Bank declined over 2 per cent on Thursday after the company said the Reserve Bank of India has asked it to temporarily stop all launches of its upcoming banking initiatives and issuing of new credit cards.
The National Company Law Tribunal on Thursday approved a resolution plan of Reliance Infratel following which lenders may get around Rs 4,400 crore and Reliance Jio may pick up the assets of the debt-ridden telecom infrastructure company, according to sources.
HDFC Bank said the RBI order “has advised the bank to temporarily stop all launches of the digital business-generating activities planned under its program Digital 2.0 and other proposed business generating IT applications and sourcing of new credit card customers.”
Oil marketing companies on Thursday hiked the prices of petrol and diesel for the second consecutive day after a two-day pause. Petrol and diesel prices were hiked by around 20 paise across the metros.
Top News
Latest News
