Category: Economy

Led by PSU banks, Nifty closes above 20K for first time ever

Mumbai, Sep 13 (SocialNews.XYZ) Most of the sectoral indices were in green at the closing on Wednesday, as Nifty PSU…

2 years ago

Historic closing high for Nifty above 20k

New Delhi, Sep 13 (SocialNews.XYZ) Bulls successfully regained control from bears, pushing Nifty back above the 20,000 mark. Notably, it…

2 years ago

Cabinet approves Rs 7,210 crore outlay for third phase of eCourts scheme for 4 years

New Delhi, Sep 13 (SocialNews.XYZ) The union cabinet on Wednesday approved the third phase of eCourts project, with a financial…

2 years ago

DMRC signs MoU with BEL to develop i-CBTC system

New Delhi, Sep 13 (SocialNews.XYZ) The Delhi Metro Rail Corporation (DMRC) and Bharat Electronics Limited (BEL) on Wednesday signed a Memorandum…

2 years ago

Blue Dart Express rebrands its service ‘Dart Plus’ as ‘Bharat Dart’

Chennai, Sep 13 (SocialNews.XYZ) At a time when the debate rages on renaming India as Bharat, logistics major Blue Dart…

2 years ago

RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay

New Delhi, Sep 13 (SocialNews.XYZ) Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents…

2 years ago

Britain’s economy shrinks more than expected in July

London, Sep 13 (SocialNews.XYZ) Britain's economic output shrank by a larger-than-expected 0.5 per cent in July after growth of 0.5…

2 years ago

Rising crude oil prices have negative impact on stock market

New Delhi, Sep 13 (SocialNews.XYZ) Every 10 dollar rise in Brent crude prices widens India’s Current Account Deficit by 0.5…

2 years ago

NCLAT orders termination of CIRP against Coffee Day Global

Chennai, Sep 13 (SocialNews.XYZ) The National Company Law Appellate Tribunal (NCLAT) on Wednesday ordered termination of the Corporate Insolvency Resolution…

2 years ago

New Zealand’s food prices up 8.9% year-on-year

Wellington, Sep 13 (SocialNews.XYZ) New Zealand's annual food prices were 8.9 per cent higher in August 2023 than in the…

2 years ago

More pain likely in small and mid-cap stocks

New Delhi, Sep 13 (SocialNews.XYZ) Market experts have been repeatedly warning of froth in the mid-and small-cap segments.  And, the…

2 years ago

Multi-year housing cycle in offing on supply side consolidation and demand revival

New Delhi, Sep 12 (SocialNews.XYZ) The combination of supply side consolidation, demand revival and calibrated price hikes will lead to a…

2 years ago

Modi to lay foundation of petrochemical complex at Bina refinery on Sep 14

New Delhi, Sep 12 (SocialNews.XYZ) Prime Minister Narendra Modi will lay the foundation stone of downstream petrochemical complex and refinery…

2 years ago

India witnesses 5.7% growth in industrial production in July

New Delhi, Sep 12 (SocialNews.XYZ) India's industrial production rose by 5.7 per cent in July, according to the official data…

2 years ago

Crypto market saw illicit transactions of $70 bn in 5 years: Report

New Delhi, Sep 12 (SocialNews.XYZ) The cryptocurrency market witnessed nearly $70 billion worth of illicit transactions in the last five…

3 years ago

Retail inflation slides to 6.83% in August

New Delhi, Sep 12 (SocialNews.XYZ) India's retail inflation measured by consumer price index (CPI), fell to 6.83 per cent in…

3 years ago

PSU stocks lead selling in small and mid-cap indices

Mumbai, Sep 12 (SocialNews.XYZ) Small-cap and mid-cap indices nosedived up to 3-4 per cent led by PSUs, which were among…

3 years ago

Broad market indices may take time to find a bottom

New Delhi, Sep 12 (SocialNews.XYZ) Nifty closed almost flat after opening higher on the 8th day of rise. Broad market…

3 years ago

Correction in overheated mid and small-cap stocks dampen market sentiment

Mumbai, Sep 12 (SocialNews.XYZ) The level of pessimism has risen in the stock market, leading to a precautionary approach to book…

3 years ago

India, Saudi Arabia to set up investment promotion offices in respective nations

New Delhi, Sep 12 (SocialNews.XYZ) Under the India-Saudi Arabia investment forum 2023, both the nations have decided to set up…

3 years ago



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