Business

Foreign portfolio investors (FPIs) have invested about Rs 33,700 crore in the Indian stock markets so far this month. The main reason for this is the reduction in interest rates in the US and the strength of the Indian market. Depository data shows that this is the second-largest figure for …

The market capitalization (m-cap) of six of the 10 most valuable Sensex companies collectively jumped by Rs 1,97,734.77 crore last week. ICICI Bank and HDFC Bank were the biggest gainers. The 30-share BSE Sensex gained 1,653.37 points or 1.99 percent last week. On Friday, the Sensex rose 1,359.51 points or …

The Group of Ministers (GoM) on rationalization of GST rates will meet on September 25. Changes in tax slabs and rates may be discussed in the meeting. An official said that the Group of Ministers on rate rationalization will meet on September 25 in Goa. The six-member Group of Ministers (GoM) …

In the country‘s edible oil-oilseeds market, last week, due to weak demand for groundnut oil-oilseeds and de-oiled cake (DOC), the prices of soybean oilseeds closed with a decline amid low trading at high prices. At the same time, the prices of mustard oil-oilseeds, soybean oil, crude palm oil (CPO) palm …

The valuation of Adani Energy Solutions Ltd (AESL), the power transmission unit of Adani Group, has risen to $18.5 billion. According to a report, the company’s profit before tax (PAT) is expected to grow 29 percent annually over the next three years due to strong business growth. AESL has a …

The Punjab government on Saturday said it will market silk products manufactured in the state under its own ‘label’. During the state-level Silk Day celebrations, Horticulture Minister Chetan Singh Jouramazra unveiled the department’s ‘logo’ for silk products. He announced that all-out efforts would be made to double silk production in …

There is a boom in the demand for expensive cars in the country. In such a situation, luxury car manufacturers Mercedes-Benz, Audi, and BMW are expecting strong growth in their sales during the festive season this year. Santosh Iyer, Managing Director and Chief Executive Officer (CEO) of Mercedes-Benz India, said …

Credit cards are now becoming quite popular among common people due to their special features. When you don’t have money, you can fulfill your financial needs through a credit card. You also get many benefits like reward points and cashback on transactions done through credit cards. However, the real fun …

The domestic stock market opened on a cautious note on Tuesday. Traders remain cautious ahead of the crucial two-day US Fed meeting that begins tonight. Benchmark equity indices opened on a negative note in the trading session. The NSE Nifty opened 0.05% higher at 25,396.35 while the BSE Sensex opened …

If you are planning to get a new credit card, then do proper research first. Currently, many banks are providing attractive features on their credit cards, which include fuel cess exemption, EMI option, insurance, discounts on hotel bills, cashback on purchases from online and offline stores, etc. We are telling …