Rupee surged to 83.04 against US dollar after exit poll result
The rupee surged 38 paise to reach its three-month high level of 83.04 against the US dollar. The country's Goods and Services Tax (GST) receipts increased 10 per cent to Rs 1.73 lakh crore in May. On Friday, foreign investors bought shares worth a net of Rs 1,613.24 crore.
03 June,2024 12:16 PM IST | mid-day online correspondentInvestors gain Rs 12.48 lakh crore as sensex hits record high
The sensex hit high records after exit polls predicted a resounding victory for the BJP-led NDA in the Lok Sabha Elections 2024.
03 June,2024 11:25 AM IST | mid-day online correspondentForex reserves plunge by USD 2 billion, gold reserves take a hit
In the previous reporting week, the kitty had reached an all-time high of USD 648.7 billion after a jump of USD 4.549 billion
01 June,2024 08:17 AM IST | AgenciesRBI Governor announces monetary policy, repo rate unchanged at 6.5 pc
Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.
07 June,2024 11:43 AM IST | mid-day online correspondent
Indian markets see mixed day: Nifty 50 flat, sensex slightly up, banks lead gain
Private banks outperformed the Nifty, with HDFC Bank, Axis Bank, RBL Bank, ICICI Bank, IndusInd Bank, and Kotak Bank all making large gains.
19 June,2024 04:05 PM IST | mid-day online correspondentSEBI proposes stricter norms for derivative trading on individual stocks
SEBI highlighted risks of low-turnover derivative equities in a recent consultation paper, including potential market manipulation, higher volatility & weaker investor protection.
18 June,2024 01:38 PM IST | mid-day online correspondentStock markets start week strong, Nifty hits new high
The top gainers in the Nifty 50 were Adani Enterprises, Wipro, Adani Ports, Mahindra & Mahindra, and Titan. The top losers were Dr Reddy's, Maruti, TCS, HDFC Life, and Divis Labs.
18 June,2024 12:48 PM IST | mid-day online correspondentIndia witnessed over 30 pc rise in diversity hiring over the past 5 years: Data
In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent
14 June,2024 02:05 PM IST | IANS
Sensex, Nifty hit new record highs following decline in retail inflation
The 30-share BSE Sensex rose 538.89 points to a lifetime high of 77,145.46, while the NSE Nifty gained 158.1 points to a record high of 23,481.05
13 June,2024 11:07 AM IST | mid-day online correspondentRupee falls 6 paise to 83.54 against US Dollar in early trade
At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.
13 June,2024 10:07 AM IST | mid-day online correspondent
Stock market today: Indices open flat amid weak global cues and tariff concerns
17 April,2025 11:10 AM IST | Mumbai | mid-day online correspondent
Affordable housing stock drops 19 per cent in Q1, luxury stock up 24 per cent
14 April,2025 01:39 PM IST | Mumbai | mid-day online correspondent
RBI announces six key measures to strengthen India's banking, fintech, payments
09 April,2025 01:16 PM IST | Mumbai | mid-day online correspondent
RBI cuts repo rate to 6 per cent to support growth amid global uncertainties
09 April,2025 11:13 AM IST | Mumbai | mid-day online correspondent
Stock markets remain shut for Holi, trading to resume on March 17
14 March,2025 11:04 AM IST | Mumbai | mid-day online correspondent
IndusInd Bank stock falls 23 percent to 52-week low on derivatives discrepancies
11 March,2025 01:24 PM IST | Mumbai
Markets rebound after five-day slump as Sensex and Nifty recover
25 February,2025 11:00 AM IST | Mumbai
India can certainly achieve over 7 percent growth, says RBI Governor Malhotra
07 February,2025 02:38 PM IST | New Delhi
RBI forecasts 4.2 percent inflation for FY26, a decline from FY25 estimate
07 February,2025 11:18 AM IST | MumbaiADVERTISEMENT
Budget 2025: What is Direct Tax Code? Will it replace the Income Tax Act 1961?
Finance Minister Nirmala Sitharaman in her July 2024 Budget speech announced a comprehensive review of the Income Tax Act 1961. She had also announced that a new tax system would eventually be introduced to make the tax concise and easy to understand. Will the Direct Tax Code replace the Income Tax Act 1961 this Budget 2025? But what is Direct Tax Code, or DTC? Here is all you need to know.
Stock market today: Sensex and Nifty dip slightly as US tariff tensions loom
Indian stock markets began Wednesday on a cautious note, with the Sensex and Nifty opening slightly lower due to weak global cues and US tariff-related uncertainties. Experts weigh in on technical patterns, FPI inflows, and positive sentiment driven by a dip in inflation
16 April,2025 11:56 AM IST | Mumbai | mid-day online correspondent
Budget 2025: New Income Tax Bill likely to be tabled in Parliament on Thursday
The number of pages has been reduced substantially to 622, almost half of the current voluminous Act which includes amendments made over the last six decades
12 February,2025 12:31 PM IST | New Delhi | PTI
72% of taxpayers opt for New Tax Regime while filing ITR for AY 2024-25
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31 per cent of women buy homes for investment, 69 per cent are end-users: Report
27 February,2025 03:18 PM IST | Mumbai | mid-day online correspondent
QIP fundraising hit a record high in 2024; real estate leads with Rs 22,320 cr
Rupee settles flat, gains 1 paisa against US dollar on month-end demand
