During April-June this fiscal, exports increased 15.92 per cent to $129.32 billion, while imports rose 19.89 per cent to USD 216.18 billion. India’s exports rose by 15.5 per cent to $40.41 billion in June, even as the trade deficit widened to $30.43 billion. Imports in June went up by about 31 per cent to…
Despite Wednesday’s gains, the stock continues to trade nearly 9 per cent below its IPO price, though it is about 8 per cent higher than its listing-day low on the NSE Shares of Waterways Leisure Tourism staged a sharp rebound on Wednesday, a day after a weak debut on the stock exchanges, with the…
Oman has reportedly lent its support to impose a fee on ship using the Strait of Hormuz despite the Donald Trump administration’s very public opposition to the plan, earlier proposed by Iran Oman has reportedly lent its support to impose a fee on vessels using the Strait of Hormuz despite the Donald Trump administration’s very…
The Nifty 50 index has surged past the crucial 24,000 mark, driven by short covering and lower crude oil prices. Market experts share their insights on resistance levels, potential pullbacks, and what investors can expect in the near term. Stock market benchmark Nifty 50 reclaimed the psychologically important 24,000 mark on 24 June, largely due…
An analyst said investors should remain invested instead of rushing to book profits as the Nifty has reclaimed the 24,000 mark. The benchmark indices Sensex and Nifty opened with strong gains on Monday amid optimism over a US-Iran peace deal, but gave up a part of their gains due to profit booking during the…
This comes after ICICI Pru AMC, Nippon India MF and HDFC AMC made these announcements. Moneycontrol has also exclusively reported that Kotak AMC and ABSL AMC are also in the process of announcing the same. Two more major fund houses, Axis Mutual Fund and Tata Mutual Fund, have announced temporary restrictions on fresh subscriptions in…
Tata Projects will execute construction work for three luxury residential developments by Godrej Properties along Gurugram’s Golf Course Road Godrej Properties Limited (GPL) has partnered with Tata Projects on three of its luxury projects in Gurugram, with a combined contract value of around ₹1,100 crore. Tata Projects is the engineering and construction arm…
These eight sectors expanded by 1 per cent in the same month last year. The pace of expansion was 1.2 per cent in March Production growth in eight core infrastructure sectors rose 1.7 per cent in April, driven by higher output of steel, cement and electricity, according to government data released on Wednesday. These…
The agreement, concluded in December, will see New Zealand eliminate duties on all Indian exports, while India will reduce tariffs on 95 per cent of imports from the South Pacific nation India and New Zealand on Monday signed a free-trade agreement (FTA) that significantly lowers tariffs on goods, expands market access, and eases entry for…
Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place. Over the weekend, the US attacked and seized an…