The broader markets ended negatively with mid-caps and small-caps shedding 0.5 per cent on the BSE.
Aided by robust festive season offtake, automobile retail sales in India witnessed a 48 per cent annual jump in October, automotive dealers' body Federation of Automobile Dealers Associations said on Monday. The total retail sales last month stood at 20,94,378 units, up 48 per cent from 14,18,726 registrations in October 2021. The registrations last month were even better by 8 per cent as against October 2019, a pre-COVID month. The festive season this year turned out to be the best for the industry in the last four years.
Rebuffing petroleum ministry, Siddaramaiah launches Pradhan Mantri Ujjwala Yojana-like scheme months before state polls
Sawai, a former banker, is a close aide of former Congress president Rahul Gandhi and heads his research team.
Benchmark indices finished higher on hopes of economic reforms
The Nafed has outstanding dues of Rs 224.26 crore (Rs 2.24 billion) as of February 15.
Electric vehicle retail sales in the country witnessed over three-fold jump last fiscal with two-wheeler offtake leading the segment, according to data compiled by automobile dealers' body FADA. Total electric vehicle (EV) retails reached 4,29,217 units in 2021-22, a rise of three-fold from 1,34,821 units in the financial year 2020-21, the industry body said. Total EV sales had stood at 1,68,300 units in the 2019-20 fiscal, it noted.
IPO-bound hospitality major OYO has written to the Ministry of Tourism (MoT) requesting it to intervene and investigate the running of the Federation of Hotel and Restaurant Associations of India (FHRAI) and order eviction of erring executive committee members. The hotel aggregator urged the MoT to take necessary action against FHRAI's "illegally run" Executive Committee and its members who are working for self-interest instead of that of small hotel owners. The representation by OYO alleged that FHRAI's actions are detrimental to small hotel owners.
Former United States president Donald Trump has announced that he will run for the president in 2024 to make America 'great and glorious' again, vowing to fight like no one to defeat the 'radical left Democrats' that are trying to destroy the country from within.
Tata Steel was the top loser in the Sensex pack, shedding over 2 per cent, followed by Sun Pharma, ICICI Bank, SBI, Kotak Bank and Dr Reddy's. NSE Nifty dropped 151.75 points to 15,727.90.
India has been termed the sleeping giant of world football by FIFA (Federation Internationale de Football Association) president Sepp Blatter, and to awaken the dormant potential of the region, the international football association has launched a new program in partnership with the football associations of seven Indian states.
Nalin Kohli, who is in-charge of the party's affairs in Meghalaya, said the state governments can decide on cow slaughter ban keeping in view the local food habits.
Market participants are now awaiting Thursday's meeting of the European Central Bank
George Soros, who is in the eye of the storm over his remarks against Prime Minister Narendra Modi on the Adani issue, is an Hungarian-born American financier, philanthropist, and activist whose success as an investor made him one of the wealthiest men in the world. He is also known as a powerful and influential supporter of liberal social causes. In a speech at the Munich Security Conference on Thursday, the billionaire philanthropist said he believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government, a statement which was strongly contested by the BJP as an attack on Indian democracy.
Noel Rodriguez-Alvarez, who has special needs, was last seen in November shortly after his twin sisters were born in October last year.
The Reserve Bank of India (RBI) has given its approval to two Russian banks for opening special vostro account for rupee trade. Sberbank, JSC VTB - the largest and second largest bank of Russia - are the first foreign lenders to receive this approval after the central bank announced the norms on INR trade in July. Both lenders have branch presence in India. Earlier this month, state-run UCO Bank received the RBI's approval to open a special Vostro account with Gazprombank of Russia. While the Kolkata-based lender is in the process of opening the account, the bank has received requests from various foreign lenders for opening such an account.
The road ahead for the markets in the short term will depend on external factors rather than domestic developments.
'Recent underperformance notwithstanding, equities should constitute a major part of investors' financial portfolio.'
The broader markets also ended lower in line with the benchmark indices
The Survey shows fiscal consolidation despite slowdown in growth.
Billionaire philanthropist George Soros believes the turmoil at Gautam Adani's business empire may weaken Prime Minister Narendra Modi's hold on the government -- a statement which was strongly countered by BJP as an attack on Indian democracy.
Emerging markets facing 5th year of slow growth: World Bank.
This rally is largely being driven by hopes that the Modi government will drive economic growth higher, and, thus, increase earnings growth for companies.
Thousands of people joined a public rally organised by Nagaland People's Action Committee (NPAC) on Friday to demand an early solution to the Naga political issue.
Indian football being hit with a FIFA ban looked a real possibility on Tuesday after the commercial partners of the sport's governing body in the country approached the Supreme Court over contentious clauses in the draft constitution.
Croatian wunderkind Borna Coric offered emphatic proof of his potential when he crushed Rafael Nadal in the Swiss Indoor tournament on Friday before local hero Roger Federer cruised into the last four.
'Macro headwinds are rising for Indian equities in the form of rising commodity prices, especially oil, depreciating rupee, fiscal challenges, election-related uncertainty and upside risks to inflation'
A federal body began a hearing on the impact of Indian trade policies on US businesses wherein American bodies and advocacy groups slammed India for its trade practices, alleging they hit their jobs and business.
The 30-share Sensex ended down 90 points at 19,429 after hitting an intra-day low of 19,398 and the 50-share Nifty ended down 40 points at 5,881 after touching an intra-day low of 5,871.
When he didn't respond (Mr Saver has lost count of how many relationship managers he has had in the past few years!), the gentleman landed up at his doorstep and started pleading with him to open fixed deposits with the bank, observes Tamal Bandyopadhyay.
RBI has, since January, cut its policy rate four times.
The Rs 1-trillion organised dairy market is dominated by co-operatives in almost every state.
The Tamil Nadu Assembly on Saturday adopted a resolution urging the Centre to withdraw three contentious farm laws, against which farmers have been holding protests outside Delhi for months.
The dinner Jill Biden and her husband US President Joe Biden hosted for Indian prime minister Narendra Modi, June 22, at the White House brought together, Indians and Americans from so many firmaments.
India's unabated tryst with Russian crude oil is slowly coming to an end. The time has come for Indian refiners to navigate, creatively, the choppy waters of the post-honeymoon period, and for Indian policymakers to take cognisance of the broader impact on India from the spillover of the Russian crisis - after Washington's warning to transgressors last week. Shipments from Russia to India have averaged over 1.8 million barrels a day since February, according to data from Paris-based market analytics firm Kpler. But much of the crude shipped to India was non-sanctioned because it traded below a price cap set by the US led G-7 nations in December.
About 1,556 shares have advanced, 1,211 shares declined, and 182 shares are unchanged.
Russia could be banned from international athletics, including the 2016 Olympic Games, after an anti-doping commission report on Monday alleged widespread corruption and collusion that added up to a state-sponsored drugs culture in a sporting superpower.
'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.
Markets ended higher, amid firm global cues, and are on track for third straight day of gains.
A big hit to China's growth or to Europe's financial system could certainly tip the global economy.
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