Leading stock exchange BSE will introduce liquidity enhancement scheme (LES) in two options contracts -- gold mini and silver kilo -- from July 6, a move aimed at boosting trade in these products.
Equity benchmark Sensex rallied 524 points on Friday, propelled by stellar gains in index-heavyweight Reliance Industries amid positive sentiment in global markets and fresh foreign fund inflows.
Kick-starting the process of LIC disinvestment, the Finance Ministry on Friday invited bids from consulting firms, investment bankers, and financial institutions for advising it on the proposed initial public offer.
Massive protest against China is being held across the country with many breaking their TV sets, phones and other Chinese products to mark their protest. #BoycottChina, #BoycottChineseProducts, #ChineseProductsInDustbin and #BharatUnitedAgainstChina have been trending hashtag on social media platforms.
The Madras High Court has made it clear that laudatory expressions like 'Magic Masala' and 'Magical Masala' cannot be monopolised and use of similar expressions would not amount to passing off under the Trademark Act.
Drug major Glenmark Pharmaceuticals on Friday said it has received final nod from the health regulator for Fingolimod capsules.
In the previous session, the BSE barometer settled at 34,208.05, up 700.13 points, or 2.09 per cent, while the broader Nifty jumped 210.50 points, or 2.13 per cent, to 10,091.65.
Reliance Industries Ltd (RIL) net-debt was ₹ 161,035 crore, as on 31st March 2020. The company has raised ₹115,693.95 crore from 10 tech investors and ₹ 53,124.20 crore from RIL's rights issue.
Fuel Price Hike: State-run oil marketing companies (OMCs) on Friday hiked the price of petrol and diesel for the 13th consecutive day as they continued to adjust retail rates in line with costs after an 82-day break from rate revision amidst the coronavirus pandemic.
Chinese handset makers who command around 70 per cent of the market share in India are projecting themselves as Indian brands and selling made-in-India products to ward off any possible backlash on their sales after the Galwan violence.
Protests against China are being held across the country with many breaking their TV sets, phones and other Chinese products to mark their protest. Call for boycott of Chinese goods has also taken over social media with people photos and videos destroying Chinese products they consume. Users are posting visuals using #ChineseProductsInDustbin and #BharatUnitedAgainstChina.
The Confederation of All India Traders (CAIT) has appealed top celebrities including Amitabh Bachchan, Akshay Kumar, Deepika Padukone and Virat Kohli to stop endorsing products of Chinese brands as a mark of respect for Indian soldiers who laid down their lives in the Galwan Valley attack in Ladakh.
Shares of Muthoot Finance (MFIN) on Thursday jumped nearly 18 per cent after the company reported a 52.4 per cent jump in consolidated net profit in March 2020 quarter.
Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.
The BSE Sensex rallied 700 points on Thursday following gains in index-heavyweights HDFC twins, Reliance Industries, Kotak Bank and ICICI Bank despite weak cues from global markets.
Finance Minister Nirmala Sitharaman addressed press conference on Thursday about Garib Kalyan Rojgar Abhiyan, a scheme aimed at providing employment to migrant workers who went back during coronavirus lockdown.
At a time when the chorus for boycotting Chinese products is growing due to India-China border tension, a Chinese firm became the lowest bidder for contructing tunnel on Delhi-Meerut Rapid Rail Transit System (RRTS).
A bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah was informed by Solicitor General Tushar Mehta that DoT has filed an affidavit explaining the reason for raising the demand of AGR related dues against the PSUs.
Prime Minister Narendra Modi on Thursday laid out roadmap for making India self-reliant amid tensions with China and pitched for India to become an exporter instead of being an importer.
Prime Minister Narendra Modi on Thursday launched the auction process of coal mines for commercial mining with an aim to achieve self-sufficiency in meeting energy needs and boost industrial development.
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