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Stock markets gain 3 per cent as political stability returns

Jun 8, 2024

Mumbai, June 8 (IANS) In a week full of political surprises, the Indian Indices saw high volatility but ended up gaining more than 3 per cent, buoyed by Prime Minister Narendra Modi’s return for the record third term and RBI’s monetary policy announcements.The BSE Sensex hit a fresh all-time high of 76,795.31 while the Nifty reached a record high…

Industry welcomes resolution of ambiguity on display assembly for mobile phones

Jun 8, 2024

New Delhi, June 7 (IANS) The electronics industry stakeholders on Friday welcomed the government’s move to resolve ambiguity around the customs duty on display assembly of mobile phones.The India Cellular and Electronics Association (ICEA)…

Business

NDTV shares surge more than 4.8 pc as market reaches all-time high

Jun 8, 2024

Mumbai, June 7 (IANS) As the stocks of Adani Group portfolio companies surged on Friday while the Sensex and Nifty climbed over 2 per cent to close at record high levels, the shares of NDTV climbed more than 4 per cent, the highest among…

Business

NHAI plans to roll out Global Satellite-based toll system for barrier-free for highway users

Jun 8, 2024

New Delhi, June 7 (IANS) To provide a seamless and barrier-free tolling experience to National Highway users and enhance efficiency and transparency of toll operations, NHAI has invited global expression of interest (EOI) from innovative…

Business

Himachal to ensure introduction of universal carton for apple marketing: Minister

Jun 7, 2024

Shimla, June 7 (IANS) The Himachal Pradesh government will ensure introduction of universal carton during the forthcoming apple season to benefit fruit growers, state Horticulture Minister Jagat Singh Negi said on Friday. While presiding…

Business

Muthoot FinCorp launches ‘Book My Gold Loan’ campaign with Shah Rukh Khan

Jun 7, 2024

New Delhi, June 7 (IANS) Muthoot FinCorp Limited (MFL), the flagship company of the 137-year-old Muthoot Pappachan Group (Muthoot Blue), on Friday launched its 'Book My Gold Loan' campaign featuring Bollywood superstar Shah Rukh Khan.The…

Business

Samsung to optimise Galaxy AI for new foldables, to bring ‘Live Translate’ on 3rd-party apps

Jun 7, 2024

New Delhi, June 7 (IANS) South Korean giant Samsung has announced to extend Galaxy AI features beyond its own native calling app, along with optimising the Galaxy AI experience for the upcoming foldable devices.The company will soon expand…

Business

Gold from UK shifted to India as we have enough storage capacity: RBI Chief

Jun 7, 2024

Mumbai, June 7 (IANS) The Reserve Bank of India (RBI) has shifted 100 metric tonnes of its gold kept in bank vaults in the United Kingdom to its own vaults in India as there was enough domestic storage capacity and no meaning should be read…

Business

Adani Group stocks end higher for third straight day

Jun 7, 2024

Mumbai, June 7 (IANS) Adani Group's stocks ended with robust gains on Friday, rising for the third consecutive day. ACC, Adani Enterprises, Adani Port, Adani Power, Ambuja Cement, Adani Total Gas, Adani Wilmar, and NDTV closed with gains,…

Business

Adani Ports gets 5-year contract to run container terminal at Kolkata port

Jun 7, 2024

Ahmedabad, June 7 (IANS) Adani Ports and Special Economic Zone Limited (APSEZ) said on Friday that it has received the letter of intent (LoI) for the operation and maintenance of the container facility at the Netaji Subhas Dock at the Syama…

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