India Financial News

26.07 / 06:27

UPS security President War LEH social Agnipath scheme is not about saving money: PM Narendra Modi attacks Opposition for spreading lies

Kargil Vijay Diwas, Prime Minister Narendra Modi addressed criticisms of the Agnipath scheme, rejecting allegations that it was intended to save pension funds. Speaking at Kargil, Modi stressed that the primary aim of the Agnipath scheme is to modernize and rejuvenate the armed forces.

26.07 / 06:15

markets Provident Target Manufacturing Enterprise country Department BSNL’s subscriber count is surging. These four stocks could benefit.

Indian telecom market operates as an oligopoly, with a few major players offering similar services and greatly affecting pricing. When one company lowers prices the others typically follow suit, but the reverse is not always true. We saw an instance of this when Reliance Jio entered the market, prompting price cuts across the board.

26.07 / 06:08

UPS WhatsApp Trade show reports Share price of Indian Hotels jumps as Sensex gains 607.72 points

Indian Hotels Company Ltd. gained 3.31 per cent to Rs 644.25 at 11:01AM (IST) in Friday's trade. The scrip has hit a high of Rs 646.0 and low of Rs 627.5 so far during the session. The stock had closed at Rs 623.55 in the previous session. The counter has had a total traded volume of 118922 shares so far with a value of Rs 7.59 crore on the NSE. It traded at a price-to-earnings multiple of 71.44 and a price-to-book ratio of 8.9.

26.07 / 06:07

UPS War shooting country voice Prime Minister Modi pays tribute to Kargil soldiers at Drass on Vijay Diwas, shoots warning to Pakistan on terror

Kargil War, on the ocassion of Kargil Vijay Diwas at Ladakh's Drass town. He spoke on the ocassion, extolling the many soldiers who sacrificed their lives for the country.

26.07 / 06:05

markets UPS SUN Trade Updates Pharmaceuticals Stock market update: Nifty Pharma index advances 1.86% in an upbeat market

Laurus Labs Ltd.(up 3.83 per cent), Divi's Laboratories Ltd.(up 3.81 per cent), Cipla Ltd.(up 2.8 per cent), Sun Pharmaceutical Industries Ltd.(up 2.63 per cent) and Abbott India Ltd.(up 2.36 per cent) were among the top gainers.

26.07 / 06:03

markets UPS Trade rock hospital Updates Multimedia Stock market update: Stocks that hit 52-week highs on NSE

Benchmark NSE Nifty index rose 245.61 points to 24651.7 amid buying in frontline bluechip stocks.

26.07 / 06:01

markets Citi FIVE Manufacturing Diversity electronic reports Industrial & warehousing demand remains healthy with about 13 mn sq ft of leasing in H1 2024

leasing activity in H1 2024 and 17% y-o-y growth, as mentioned by Colliers in its latest report.

26.07 / 05:55

Sustainability Research trends show performer innovations reports Chart Beat: United Spirits' margin at multi-quarter high, but may not sustain

₹1,436 apiece on Thursday, backed by the robust June quarter (Q1FY25) earnings performance. A key highlight was its Ebitda margin which surged to a 23-quarter high of 19.5%. Ebitda, which stands for earnings before interest, tax, depreciation, and amortization, is a key profitability measure for companies.

26.07 / 05:45

MET Aviat Manufacturing Sustainability Food Sugar industry body proposes bio-refinery transition plan to govt

Sugar industry body ISMA on Thursday said it has presented a plan to the government to transform sugar mills into bio-refineries, aiming to boost production of sustainable aviation fuel and other green energy sources. The representatives of the Indian Sugar & Bio-Energy Manufacturers Association (ISMA) met with Food Minister Pralhad Joshi to discuss a policy framework for the transition, which would expand beyond current ethanol, bioelectricity, and biogas production, a statement said.

26.07 / 05:30

markets UPS Nestle Trade reports Updates Share market update: Most active stocks on D-Street today in terms of volume

The NSE Nifty index was trading 194.71 points up at 24600.8, while BSE Sensex was up 554.04 points at 80593.84 at the time of writing this report.

26.07 / 05:30

Bill show stage consequences Budget 2024: No GST demand notice to be issued beyond 42 months from the due date of filing annual return; Know how it will help you

GST demand notices and orders has been streamlined in Budget 2024. Budget 2024 introduced a new section 74A in the CGST Act. Under the new regulations, a GST officer is permitted to issue a Goods and Services Tax (GST) demand notice only within 42 months from the due date of filing the GST annual return. Additionally, GST demand orders must be issued within 12 months from the date of the GST demand notice.

26.07 / 05:30

markets UPS WhatsApp Nestle Trade Updates Stock market update: Sugar stocks up as market rises

KCP Sugar & Industries Corporation Ltd.(up 2.82%), Bajaj Hindusthan Sugar Ltd.(up 1.94%), EID Parry(India)Ltd.(up 1.58%), Rajshree Sugars & Chemicals Ltd.(up 1.33%), Triveni Engineering & Industries Ltd.(up 0.95%), Kothari Sugars & Chemicals Ltd.(up 0.91%), Avadh Sugar & Energy Ltd.(up 0.87%), Balrampur Chini Mills Ltd.(up 0.64%), DCM Shriram Industries Ltd.(up 0.61%) and KM Sugar Mills Ltd.(up 0.58%) were among the top gainers.

26.07 / 05:28

markets UPS Trade show isolate recommendations Tube Investments shares gain 3.45% as Sensex rises

Tube Investments of India Ltd. traded 3.45 per cent up at Rs 4166.1 at 10:40AM (IST) on Friday, even as BSE benchmark Sensex gained 554.04 points to 80593.84. The scrip had closed at Rs 4027.15 in the previous session. The stock quoted a 52-week high price of Rs 4666.0 and 52-week low of Rs 2729.1, respectively. As per BSE data, total traded volume on the counter till 10:40AM (IST) stood at 1206 shares with a turnover of Rs 0.5 crore.

26.07 / 04:40

Digital Fighting Netflix Boxing film Freedom performer 'Indian 2' OTT release date out: Where and when to watch Kamal Haasan's latest movie

26.07 / 04:39

WhatsApp Trade Rupee declines to all-time low amid outflows, tepid risk

Indian rupee slipped to an all-time low against the U.S. dollar on Friday amid weak risk appetite and persistent dollar demand from oil companies and custodial banks. The rupee declined to 83.7250 to the dollar, slipping past the previous all-time low of 83.72 hit on Wednesday.

26.07 / 04:30

markets Target FIVE trends Trade Experts F&O stocks to buy today: MCX, HDFC Life among top 5 trading ideas for July 26, 2024

Nifty has declined for the past five days, but strong Wall Street cues suggest a rebound this Friday. The benchmark Sensex and Nifty indices are expected to open flat to positive on July 26, following GIFT Nifty trends, which indicate a gain of 20 points for the broader index. Yesterday, FIIs were net sellers of Rs 2,605 crore, while DIIs were net buyers of Rs 2,432 crore. Nifty options data points to a trading range of 23,500-25,000, with major resistance at 24,800.

26.07 / 03:36

markets Target FIVE trends Experts recommendations Stocks to buy or sell: Sumeet Bagadia recommends five breakout stocks

Breakout stocks to buy or sell: Following weak global stock market trends on a tech-fuelled sell-off at Wall Street, the Indian stock market ended lower for the fifth straight session on Thursday. The Nifty 50 index ended almost flat at 24,416; the BSE Sensex lost 109 points and closed at 80,039, whereas the Bank Nifty index crashed 423 points and finished at 50,893. According to Sumeet Bagadia, Executive Director at Choice Broking, the Nifty 50 index must remain above 24,150 to 24,200 zones to maintain the positive Indian stock market trend.

26.07 / 03:19

UPS tennis stars Sporting athletics weightlifting How a group of champion women are driving India’s Olympics dreams

United World Wrestling website. “I have been away from the mat for one-and-a-half years. I have come back after an operation.

26.07 / 03:17

markets Target economy Sustainability country reports International India mustn’t lose time on a climate finance taxonomy

India’s climate ambitions are as vast as its challenges. The threats of rising sea levels, erratic monsoons and extreme heatwaves loom large. Trillions in investment are needed to mitigate these and transition to a low-carbon economy.

26.07 / 03:03

markets Citi Target Strategy economy Olympics shock Fiscal policy: Don’t let rings be run around the budget deficit

It’s the season of clear targets, quick wins and instant applause, as the Olympics of 2024 kick off in Paris, a city aflutter with flags bearing their famous ‘rings of unity.’ Among other virtues, the Olympic Games offer us a contrast with economic frames, which have complex targets, slow wins and patchy applause. So much so that our heads can begin to spin if rings get run around what’s good for the economy, as if the data overload of every budget is not heavy enough.

26.07 / 01:43

markets COST Target Gap security show Benchmark g-sec yield eases further following Budget announcements

benchmark sovereign bond yield retreated Thursday, closing at 6.951%, following budgetary announcements that sought to narrow the fiscal gap through judicious use of the bumper surplus the government received from its money manager — the central bank. The yield on the 10-year benchmark government security has eased 23 basis points so far in 2024. Bond yields stood at 6.96% on Wednesday. One basis point is 0.01%.

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