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The benchmark indices witnessed a sharp decline on Thursday, after a consecutive four day rising streak. The indices were dragged mainly by IT stocks, while auto scrips supported the market. The Nifty closed tad below 17,750 mark. The intraday sell off was majorly due to weak global cues amid a steep rise in COVID-19 infections across the globe. Trading sentiment was also impacted by minutes […]

Reliance Industries is among the top index loser, the closing of ~2.1% lower.

The FinMin highlighted that based upon intelligence that Xiaomi India was evading customs duty by way of undervaluation, an investigation was initiated by the Directorate of Revenue Intelligence (DRI) against Xiaomi India and its contract manufacturers.

APY can be subscribed by any Indian citizen in the age group of 18-40 years having a bank account and its uniqueness is attributable to three distinctive benefits.

The Composite PMI Output Index slipped from 59.2 in November to 56.4, but remained above its long-run average of 53.9. Both manufacturing production and services activity rose at slower, albeit historically strong, rates.

Germanys construction sector contracted at a slower pace in December, survey results from IHS Markit showed on Thursday. The construction Purchasing Managers Index rose to 48.2 in December from 47.9 in the previous month. A score below 50.0 indicates contraction in the sector. Among three broad categories monitored by the survey, civil engineering activity remained the weakest-performing segment. The decline in commercial activity also moderated, […]

The grants are released to the States as per the recommendations of the Fifteenth Finance Commission to meet the gap in Revenue Accounts of the States post-devolution.

Ester Industries board approved to give Corporate Guarantee to Bank of India for an amount of Rs12cr for extending Credit facility to Ester Filmtech.

Ircon Bhoj Morbe Expressway is incorporated in India and is yet to commence its business operations.

This is 47% higher than the expenditure incurred during the corresponding period of FY 2020-21.