Business

[ad_1] India’s stock markets also improved due to the ongoing recovery in global markets. Along with this, higher holding in shares of Automobile, Information Technology (IT) and Adani Group supported the market decline. The BSE Sensex closed at 61,730 with a gain of 298 points. Similarly, the NSE Nifty closed …

[ad_1] The report of the expert committee set up by the Supreme Court to probe the Adani-Hindenburg affair was announced on Friday. On January 24, 2023 American short-selling firm Hindenburg released a report on Adani Group of companies, alleging overvaluation of the company’s stock prices and accounting irregularities. However, Hindenburg’s …

[ad_1] Amazon Web Services said on Thursday that to build cloud infrastructure in India by 2030, Rs. 1.05 lakh crore ($12.7 billion) will be invested. It will make huge investments considering the growing customer demand for cloud services in the country. The planned investment in data center infrastructure will support …

[ad_1] The investment arm of Goldman Sachs Group Inc dramatically reduced Adani Group’s exposure to its ESG portfolio. Funds did so in the weeks following a report from US short-seller Hindenburg Research. Last February, Goldman Funds, registered under EU regulations, sold a total of 11.7 million shares of Adani group …

[ad_1] The country’s top lender State Bank of India (SBI) reported Rs. 16,694.51 crore has shown a net profit. Which in the same period last year was Rs. 9,113.53 crore against a profit of Rs 83 per cent, showing a jump of 83 per cent. The company has been able …

[ad_1] Indian stock markets opened with gains on global cues, but midcap stocks declined. On the last trading day of the week, the Indian stock market opened with a boom. This boom in the market is due to global cues. The BSE Sensex opened 125 points higher at 61,556 and …

[ad_1] The Knight Frank Wealth Report 2023 claims that the number of millionaires in India will double in five years and the number of billionaires will increase by one and a half times. By 2027, the number of high net worth individuals in the country will cross 16 lakh. That …

[ad_1] New Delhi, May 19 (Hindustan Times). Strong signals are being received from the global market for the second consecutive day today due to the expectation of a debt ceiling deal in the US. US markets closed with gains during the last trading session. Similarly, there was a bullish atmosphere …

[ad_1] Mumbai: Despite signs of a resolution to the US debt ceiling standoff, uncertainty remains and the risk of a global recession looming, and domestically expected delay in the onset of monsoon raising concerns, Indian stock markets posted a hat-trick of losses as funds sharply reduced overbought positions for the …

[ad_1] Mumbai: Precious metals continued to slide in the global market following positive cues that the US Federal Reserve would not cut interest rates anytime soon and raise the debt ceiling, which also led to losses in gold and silver at the domestic level. The rupee depreciated against major currencies …