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July 26, 2023 5:16 PM
The tech-heavy Nasdaq closed higher yesterday before earnings reports from megacap technology companies Alphabet and Microsoft. The Nasdaq Composite index gained 0.6 percent. The S&P 500 index rose 0.3 percent and the Dow Jones Industrial Average added 0.1 percent....
July 25, 2023 9:25 PM
International Monetary Fund (IMF) has raised India’s growth forecast, projecting a Gross Domestic Product (GDP) growth of 6.1 per cent in the current fiscal. In the World Economic Outlook that was released in April, the IMF had projected India’s GDP at 5.9 per cent in the current fisc...
July 25, 2023 4:33 PM
The Indian Pharmaceuticals Industry turnover has increased from 2.26 lakh crore rupees in 2017-2018 to over 3.44 lakh crore rupees in 2021-22. This information was given by Minister of State for Chemicals and Fertilizers Bhagwanth Khuba in the Rajya Sabha on Tuesday. In a written reply, he said that...
July 25, 2023 3:09 PM
The Key domestic share indices today fell marginally in the afternoon trade. The BSE Sensex fell 51 points to trade at 66,333. The NSE Nifty also slipped 11 points to trade at 19,661, a short while ago. Both indices declined amid mixed cues from the global stocks....
July 24, 2023 9:21 PM
Finance Minister Nirmala Sitharaman has said that tax revenue up has gone up in the last few years without tax rate hike. Addressing the 164th Income Tax Day celebrations in New Delhi this evening, Ms Sitharaman said, efficiency in the tax collection system aided the robust tax mop-up. She said, the...
July 24, 2023 5:45 PM
Asian stocks today ended mixed. Japan's Nikkei-225 gained 1.2 percent and South Korea's Kospi rose 0.7 percent. On the other hand, Hong Kong's Hang Seng index tumbled 2.2 percent, Singapore's Straits Times index shed 0.4 percent while China's Shanghai Composite fell 0.1 perc...
July 23, 2023 8:25 PM
Extended their buying streak in Indian equities, foreign investors pumped in nearly 44,000 crore rupees into the Indian equities markets so far in July. As per the depositories data, the foreign portfolio investors, or FPIs, invested a net sum of 43,804 crore rupees in the Indian equities from July ...
July 22, 2023 5:41 PM
U.S. stocks ended mixed on Friday, with the Dow Jones Industrial Average rising marginally to notch its 10th straight day of advances, its longest rally in almost six years. The S&P 500 index rose 0.03 percent and the Dow Jones Industrial Average increased marginally by 0.01 percent w...
July 21, 2023 4:48 PM
The S&P 500 and Nasdaq fell yesterday amid below-expected quarterly results of Tesla and Netflix. The Dow managed to climb for a ninth straight day. The Dow Jones Industrial Average gained half a percent while the S&P 500 index fell 0.7 percent and the Nasdaq Composite index declined 2....
July 20, 2023 11:11 AM
Wheat prices have risen sharply in global markets after Russia said it would treat ships heading for Ukrainian ports as potential military targets. Wheat prices at the European stock exchange soared by 8.2 per cent yesterday from the previous day, while corn prices were up 5.4 per cent. Moscow pulle...
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