August 08, 2024 05:30 IST
Mutual funds which are sitting on a cash pile are major investors in the market. Net inflows into equity mutual fund schemes grew by 17 per cent month-on-month to an all-time high of Rs 40,608.19 crore in June, from Rs 34,697 crore in May.
Wed, Aug 07, 2024August 07, 2024 07:08 IST
Opposition leaders including Leader of Opposition in Lok Sabha Rahul Gandhi protested at Parliament’s Makar Dwar on Tuesday, demanding the withdrawal of GST on life insurance and health insurance premiums.
Wed, Aug 07, 2024August 07, 2024 04:35 IST
This was mainly due to high temperatures impacting the summer crop in key states of Karnataka and Andhra Pradesh.
Wed, Aug 07, 2024August 05, 2024 04:47 IST
The Standing Committee said that the natural disasters can cause a lot of damage to infrastructure in India, a country that faces many natural hazards because of its demographic and geographic features
Mon, Aug 05, 2024August 04, 2024 04:17 IST
In absolute terms, gross NPAs were Rs 84,226.04 crore as of June 30, down from Rs 84,276.33 crore as of March 2024 and Rs 91,327.84 crore in June 2023.
Sun, Aug 04, 2024August 03, 2024 05:00 IST
As the inclusion of Indian bonds will be staggered into the GBI-EM Global Diversified Index (GBI-EM GD) over 10 months (starting June 28, 2024, through March 31, 2025), official sources don’t rule out more FPI flow into Indian long-term bonds through FAR.
Sat, Aug 03, 2024August 01, 2024 04:29 IST
The growth in credit card outstanding, meanwhile, declined during the 12-month period.
Thu, Aug 01, 2024July 31, 2024 06:03 IST
The company had set a floor price of Rs 1,027 per share, allowing a maximum discount of 5 per cent on the floor price.
Wed, Jul 31, 2024July 30, 2024 12:57 IST
These banks collected Rs 5,614 crore from account holders for not maintaining the minimum balance in the last three years, according to Ministry of Finance figures.
Tue, Jul 30, 2024July 30, 2024 05:10 IST
The IPO will open on August 2 for subscription and close on August 6. Investors can bid for a minimum of 197 equity shares and in multiples of 197 equity shares thereafter.
Tue, Jul 30, 2024July 29, 2024 05:00 IST
India Cements is currently controlled by the N Srinivasan and family. Srinivasan was earlier Chairman of the International Cricket Council (ICC) and President of the Board of Control for Cricket in India (BCCI).
Mon, Jul 29, 2024July 28, 2024 04:04 IST
In this system, all that the customers need to do is a single swipe using the split & pay option on the digital payment checkout page.
Sun, Jul 28, 2024July 26, 2024 03:56 IST
According to stock exchange data, FPIs sold equities worth Rs 2,975 crore on July 23 when the Budget was announced and another Rs 5,130 crore on July 24. They withdrew Rs 2,605 crore on Thursday.
Fri, Jul 26, 2024July 26, 2024 00:57 IST
The transaction is expected to close within 3-4 months subject to receipt of regulatory approvals and completion of certain identified conditions precedent, the company said in a stock exchange filing. BSV, based in Mumbai, was originally promoted by the Daftary family.
Fri, Jul 26, 2024July 24, 2024 03:09 IST
To provide opportunities in 500 top companies; expected to cost about `66,000 crore, with each company likely to shell out over `13 crore for the govt’s plan
Wed, Jul 24, 2024July 23, 2024 13:41 IST
Inverted duty structure is a phenomenon triggered by a difference in tax rates applied on the production of a good, which uses imported materials as inputs. Inverted duties refer to a situation where the import duties on inputs is higher than the tax levied on the final output.
Wed, Jul 24, 2024July 22, 2024 15:58 IST
If equity market claims on the real economy are excessively high, it is a harbinger of market instability
Tue, Jul 23, 2024July 22, 2024 05:20 IST
The industry's demand will be sustained by robust growth in the health segment as well as in the motor segment.
Mon, Jul 22, 2024July 21, 2024 03:33 IST
“The Mahindra ‘Thar ROXX’ will further strengthen the already strong Thar brand, empowering customers to ‘explore the impossible’ with luxury and be a part of the Thar lifestyle,” the company said on Saturday.
Sun, Jul 21, 2024July 20, 2024 04:30 IST
Total income of RIL rose by 11.90 per cent to Rs 240,200 crore during June 2024 quarter from Rs 214,644 crore a year ago.
Sat, Jul 20, 2024July 19, 2024 04:53 IST
The revenue from operations for the latest quarter stood at Rs 39,315 crore, which was up by 3.64 per cent from Rs 37,933 crore reported by the IT major in the corresponding quarter of the previous financial year.
Fri, Jul 19, 2024July 18, 2024 05:30 IST
Warehousing sector accounted for largest share of 52 per cent of total PE investments during the six-month (H1) period, followed by residential (29 per cent) and office (20 per cent), according to a Knight Frank India report.
Wed, Jul 17, 2024July 16, 2024 03:58 IST
The foreign currency assets comprise of multi-currency assets that are held in multi-asset portfolios.
Tue, Jul 16, 2024July 16, 2024 03:58 IST
The proposed transaction is to be undertaken by way of a slump sale through a business transfer agreement between the company and A.O. Smith India Water Products Pvt Ltd.
Tue, Jul 16, 2024July 13, 2024 04:13 IST
In the last 15 months, Indian promoters have sold over Rs 1.12 lakh crore (Rs 82,005 crore in FY24 and Rs 35,588 crore in the first quarter of FY25) of equity through the secondary market.
Sat, Jul 13, 2024