Debit card payments remained sluggish due to the surge in digital transactions after the pandemic, and the Unified Payments Interface (UPI) has emerged as the most popular mode of money transfer, particularly for small value transactions, according to RBI data. In July 2020, the total debit card spends stood at Rs 2.81 trillion, as compared to Rs 3.15 trillion in July 2023, reflecting a growth of 11.96 per cent. UPI spends have seen a whopping growth of 428 per cent, zooming from Rs 2.90 trillion to Rs 15.33 trillion during the same period, the data revealed.
The Sensex resumed 14 points higher over its last close at 6,584 and moved in a narrow (positive) range during the budget announcement, before slipping into the red to touch a low of 6,546 in early noon trades.
Foreign exchange reserves zoomed $841 million to $177.426 billion for the week ended January 12, according to the weekly supplement released by the Reserve Bank of India on Friday.
Sanjay Gadhvi once revealed to Subhash K Jha that he never wanted to make Dhoom.
Mumbai-based Zoom Developers, engaged in diversified businesses including real estate, plans to invest Rs 1,000 crore (Rs 10 billion) in the next three years to construct a 100 hectare IT-ITeS special economic zone at Indore.
Gold zoomed by a whopping Rs 215 per ten gram and closed at a new closing high of Rs 9,945 on the bullion market in Mumbai on Friday due to frantic buying after metal's prices touched a 25-year high.
Does the Zoom, an offshoot of the flagship Galaxy S4 that released recently, make for a worthwhile camera?
The Sensex opened with a small gain of four points at 7,192. It soon breached the 7,200-mark and moved in a range of 7,210 and 7,230 levels, before profit-taking trimmed gains.
From the Sensex pack, HDFC, HDFC Bank, Mahindra & Mahindra, UltraTech Cement, Tata Steel, Bajaj Finance, State Bank of India, Reliance Industries, Bajaj Finserv and ICICI Bank were the major gainers. Power Grid, Maruti, Tech Mahindra, IndusInd Bank, HCL Technologies and Axis Bank were among the laggards.
Under the new model, the surplus distribution in the participating policyholders' fund has been modified to 90:10 in a phased manner, wherein 90 per cent will go to policyholders and 10 per cent to shareholders. Further, 100 per cent of the surplus generated out of the non-participating business will be available for distribution to all shareholders.
Foreign exchange reserves zoomed from a meagre $2.427 billion to $172.782 billion for the week ended November 24, according to the weekly statistical supplement released by the Reserve Bank of India on Saturday.
Barel said Israel was currently in a state of war and there was a sequence of challenges and tasks at hand.
The Sensex opened with a positive gap of 25 points at 8,814, but dropped to a low of 8,769 in late morning deals.
Continuing from the last week's upsurge, the Sensex opened with a strong positive gap of 45 points at 6,464.
The Sensex, which crossed the 6,670 levels shortwhile ago, is now up 59 points at 6,662 as buying remains steady in select heavyweight and tech stocks. Auto and power stocks continue to attract buying support.
The Sensex opened marginally lower at 7,930 as against the previous close of 7,935, and dropped to a low of 7,901 in early deals.
From the Sensex pack, Titan, Bajaj Finserv, Bajaj Finance, HDFC Bank, HDFC, State Bank of India, Mahindra & Mahindra and IndusInd Bank were among the major winners. HCL Technologies, Wipro and Tech Mahindra were among the laggards.
'Politics is a game of public perception and my father felt that by his long disappearances, Rahul Gandhi was losing the battle of perception.'
The Sensex ended with a huge gain of 1.6% or 91 points at 5,766, and the Nifty closed 36 points higher at 1,806.
Meet Nuwan Seneviratne, the left-arm throwdown specialist of the Indian team.
The Indian supporters, on Saturday, resorted to booing the Australian team, primarily Cameron Green after the giant all-rounder's diving catch to dismiss opener Shubman Gill.
Heavy short-covering, on account of July derivatives expiry, towards the end of the day saw the index rebound into the postive zone and shoot up over 100 points before settling with a gain of 77 points at 15,776.
Rutuja Bhosale and Rohan Bopanna staged a great comeback after losing the first set to beat Chinese Taipei's combo of Tsung-hao Huang and En-shuo Liang in the final.
The Sensex closed with a gain of 111 points (1.4%) at 8,318.
Sustained buying in tech, cement and auto scrips saw the Sensex close with a gain of 118 points at 6,221.
Among the Sensex firms, Tech Mahindra, Wipro, Infosys, Tata Consultancy Services, HCL Technologies, Larsen & Toubro, ITC, Sun Pharma, NTPC and Titan were the major gainers. Nestle, Axis Bank, Tata Motors, ICICI Bank, HDFC Bank and Bharti Airtel were the laggards.
Treesa committed a few errors but the Indian duo still managed to keep its nose ahead, despite the fighting Taiwanese pair.
The last 1,000-point rally took just eight trading days, while the last 2,000 points have come in a short span of 13 trading sessions.
Silver also jumped by Rs 1,000 to Rs 57,000 per kg on strong global cues.
The country's foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, RBI data showed. In the previous week ended July 9, 2021, the reserves had surged by $1.883 billion to $611.895 billion. In the reporting week ended July 16, 2021, the increase in forex reserves was on account of the rise in foreign currency assets (FCA), Reserve Bank of India's (RBI) weekly data released on Friday showed.
Fresh buying towards the end saw the index cut losses and eventually settle at 15,699 - down 96 points.The NSE Nifty ended 32 points down at 4589.
The domestic equity market, which is on a record-breaking spree, will focus on macroeconomic data announcements, movement in global stocks and the US Fed minutes to get further direction, analysts said. Trading activity of Foreign Institutional Investors (FIIs) will also innfluence investors.From the domestic macroeconomic front, Purchasing Managers' Index (PMI) data for the manufacturing sector will be released on Monday, and that o,f the services sector on Wednesday. Investors, this week, will keenly watch major global market events, icluding the outcome of the Federal Open Market Committee (FOMC) minutes, scheduled to be out on Wednesday.
'Unfortunately, there is no movement towards peace in Manipur.'
'The moment the Army approved the script, they told us that they will give their full support and asked us for our full dedication.'
Nestle, Infosys, ICICI Bank, Tata Motors, Tata Consultancy Services, HCL Technologies, Tech Mahindra and Axis Bank were the other major winners. Sun Pharma, Asian Paints, Bajaj Finance and Titan were the laggards.
The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.
Low-rise waistlines are trending and the television actor shows you how to get it right.
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