Sensex, Nifty zoom as investor wealth jumps Rs 5.8 lakh crore; Techno Electric, Nuvama & Kalyan Jewellers climb up to 13%

The 30-share BSE Sensex pack surged more than 1,400 points to hit above 78,600 level, while the broader NSE Nifty index moved around 400 points to trade above 23,750.   Domestic stocks rose sharply in afternoon deals on Tuesday. The surge was supported by gains in banks, financials, energy, metal and technology stocks. The 30-share…

Budget Expectations: Defence allocation likely to be raised beyond 2% of GDP

Budget Expectations: In the last Budget, released in July, the central government allocated Rs 6.22 lakh crore to the defence sector, a tad higher than the allocation in the interim Budget earlier last year. This time around, will there be an increase in the defence allocation?  Budget 2025 Expectations: As India awaits the government’s Union Budget…

Mahakumbh 2025 begins: Prayagraj set to see Rs 2 trillion in trade

The much-awaited Mahakumbh 2025 has officially commenced today in Prayagraj, promising to be the world’s largest gathering of people. Spanning until February, the Uttar Pradesh government estimates that approximately 400 million devotees will participate in this grand religious event. Meanwhile, the Confederation of All India Traders (CAIT) projects that Mahakumbh will generate a staggering Rs…