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On 10 February 2022

Telecom stocks rose after finance minister said the country will auction 5G airwaves this year to facilitate a roll out of the next-generation telecoms service in 2022-23.

Here is the stock market performance at 12:30 PM today.

Indices traded with strong gains amid the ongoing Union Budget announcements by Finance Minister. The Nifty scaled below the 17,550 level. At 12:34 IST, the barometer index, the S&P BSE Sensex, jumped 700.87 points or 1.21% at 58,715.27. The Nifty 50 index advanced 210.45 points or 1.21% at 17,550.90. In the broader market, the S&P BSE Mid-Cap index added 0.43% while the S&P BSE Small-Cap […]

Finance Minister Nirmala Sitharaman said the countrys economic growth is expected at 9.2 per cent in the current financial year because of a sharp rebound in the economy, adding that the virtuous cycle of investment is likely to revive on account of capex and crowd in private investment. This Budget seeks to lay the foundation and steer the economy in the next 25 years, i.e […]

It will carry on modification and refurbishment work of Terminal 1 building at Sardar Vallabhbhai Patel International Airport in Ahmedabad, for Adani Ahmedabad International Airport Limited.

Business Wire India Block, Inc. (NYSE: SQ) and Afterpay Limited today announced the successful completion of the Scheme of Arrangement under which Block has acquired all of the issued shares in Afterpay. This transaction aims to enable Block to better deliver compelling financial products and services that expand access to more consumers and help drive incremental revenue for sellers of all sizes.   “We’re excited […]

On 3 February 2022

Operating conditions across Indias manufacturing industry improved at the start of the year, although the new wave of COVID-19 somewhat restricted growth. While input cost inflation eased for the third month running, to the weakest since last September, factory gate charges rose at a quicker pace than in December. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers Index (PMI) was at 54.0 in January, […]

Finance Minister also announced that the network of national highways in the country will grow by 25,000 km in 2022-23.