News Overview

Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textile Piyush Goyal has emphasized upon the need for a trade and investment agreement between India and Africa. India plans to strengthen its partnership with Africa in four areas to fulfil aspirations of both the countries, speaking at the inaugural session of CII-EXIM Bank Conclave on India-Africa Growth Partnership, the Union Minister […]

hBits is a fractional ownership platform that allows investors to be a part owners of high-value commercial real estate in major cities of India.

Information Technology stocks were trading in the positive zone, with the S&P BSE IT Sector index rising 498.05 points or 1.78% at 28484.23 at 09:47 IST.

Energy stocks were trading with gains, with the S&P BSE Energy index increasing 126.29 points or 1.59% at 8048.72 at 09:47 IST.

Oil and Gas stocks were trading in green, with the S&P BSE Oil&Gas index rising 259.02 points or 1.42% at 18494.17 at 09:47 IST.

A newly recruited leadership team from the digital ecosystem will run this platform.

Additionally, as of July 20, New Delhi reduced the levy on domestically produced crude to 17,000 rupees per tonne.

India attracted USD 343.64 million FDI equity inflow in R&D sector during C.Y. 2021 (Calendar Year) which is 516% higher as compared to previous C.Y. 2020 (USD 55.77 million). FDI is permitted under 100% automatic route in R&D sector subject to applicable laws/regulations, security and other conditionalities. Karnataka is the top FDI Equity recipient state in R&D during C.Y. 2021 followed by Telangana and Haryana. […]

By 02:48 GMT, spot gold remained unchanged at $1,711.00 per ounce. American gold futures decreased by 0.1 % to $1,708.80.

Rallis India slipped 1.75% to Rs 204.85 after the company reported 18.3% fall in net profit to Rs 67 crore despite a 16.5% rise in revenue to Rs 863 crore in the quarter ending 30 June 2022 as compared with the same period last year.