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Business News

Rupee surged to 83.04 against US dollar after exit poll result

The rupee surged 38 paise to reach its three-month high level of 83.04 against the US dollar. The country's Goods and Services Tax (GST) receipts increased 10 per cent to Rs 1.73 lakh crore in May. On Friday, foreign investors bought shares worth a net of Rs 1,613.24 crore.

03 June,2024 12:16 PM IST | mid-day online correspondent
Business News

Investors gain Rs 12.48 lakh crore as sensex hits record high

The sensex hit high records after exit polls predicted a resounding victory for the BJP-led NDA in the Lok Sabha Elections 2024. 

03 June,2024 11:25 AM IST | mid-day online correspondent
Business News

Forex reserves plunge by USD 2 billion, gold reserves take a hit

In the previous reporting week, the kitty had reached an all-time high of USD 648.7 billion after a jump of USD 4.549 billion

01 June,2024 08:17 AM IST | Agencies
Business News

RBI Governor announces monetary policy, repo rate unchanged at 6.5 pc

Governor Shaktikanta Das announced the second bi-monthly monetary policy for the financial year 2024-25 at 10 am on Friday. The RBI's repo rate, is currently held at 6.50 per cent, unchanged since February 2023.

07 June,2024 11:43 AM IST | mid-day online correspondent
Business News

Indian markets see mixed day: Nifty 50 flat, sensex slightly up, banks lead gain

Private banks outperformed the Nifty, with HDFC Bank, Axis Bank, RBL Bank, ICICI Bank, IndusInd Bank, and Kotak Bank all making large gains.

19 June,2024 04:05 PM IST | mid-day online correspondent
Business News

SEBI proposes stricter norms for derivative trading on individual stocks

SEBI highlighted risks of low-turnover derivative equities in a recent consultation paper, including potential market manipulation, higher volatility & weaker investor protection.

18 June,2024 01:38 PM IST | mid-day online correspondent
Business News

Stock markets start week strong, Nifty hits new high

The top gainers in the Nifty 50 were Adani Enterprises, Wipro, Adani Ports, Mahindra & Mahindra, and Titan. The top losers were Dr Reddy's, Maruti, TCS, HDFC Life, and Divis Labs.

18 June,2024 12:48 PM IST | mid-day online correspondent
Business News

India witnessed over 30 pc rise in diversity hiring over the past 5 years: Data

In terms of sector-wise hiring, the Banking, Financial Services and Insurance (BFSI) sector employs the largest percentage of LGBTQIA+ talent of the available workforce at 18-20 per cent, followed by the IT sector at 15-18 per cent, and the consulting sector at 12-15 per cent

14 June,2024 02:05 PM IST | IANS
Stock Market

Sensex, Nifty hit new record highs following decline in retail inflation

The 30-share BSE Sensex rose 538.89 points to a lifetime high of 77,145.46, while the NSE Nifty gained 158.1 points to a record high of 23,481.05

13 June,2024 11:07 AM IST | mid-day online correspondent
Business News

Rupee falls 6 paise to 83.54 against US Dollar in early trade

At the interbank foreign currency market, the rupee began at 83.52 and fell to 83.54 against the dollar, a 6-paise reduction from its previous closing level.

13 June,2024 10:07 AM IST | mid-day online correspondent
Gold prices fall by Rs 1,000 to 70,650 per 10 grams on sluggish demand

Gold prices fall by Rs 1,000 to 70,650 per 10 grams on sluggish demand

Gold prices continue to fall for a third day settling at Rs. 70,650 per 10 grams on Thursday

25 July,2024 07:17 PM IST | Mumbai | mid-day online correspondent
Rupee falls 3 paise to close at 83.69 against US dollar post Union Budget 2024

Rupee falls 3 paise to close at 83.69 against US dollar post Union Budget 2024

Registering a fall of 3 paise from its previous close, the rupee finally settled at 83.69 against the US dollar

23 July,2024 10:09 PM IST | Mumbai | mid-day online correspondent
Union Budget 2024: Market crashes as Sensex tanks by over 1,000 pts post-budget

Union Budget 2024: Market crashes as Sensex tanks by over 1,000 pts post-budget

NSE Nifty 50 traded at 24,200 which fell by over 300 points as Union Finance Minister Nirmala Sitharaman finished presenting the Union Budget 2024.

23 July,2024 12:42 PM IST | Mumbai | mid-day online correspondent
South India's 30 per cent GDP: Fighting for fair share amidst central neglect

Mid-Day Premium South India's 30 per cent GDP: Fighting for fair share amidst central neglect

Amid the election drama, South Indian states noticed the injustice in the allocation of central funds, despite their significant contribution to India's GDP growth.

23 July,2024 11:40 AM IST | Mumbai | Krishna Prasad
Will the Union Budget 2024 impact gold prices in India’s domestic market?

Mid-Day Premium Will the Union Budget 2024 impact gold prices in India’s domestic market?

Since the Union Budget 2024 announcement, buyers, jewellers, and bullion traders have anticipated relief from taxes and duties that could affect gold prices.

20 July,2024 12:05 PM IST | Mumbai | Sanjana Deshpande
Sensex, Nifty decline after hitting fresh record high levels in opening trade

Sensex, Nifty decline after hitting fresh record high levels in opening trade

The 30-share BSE Sensex opened at an all-time high of 81,587.76 before falling by 166.93 points to 81,176.53.

19 July,2024 10:01 AM IST | Mumbai | mid-day online correspondent
Indian stocks hit record highs; sensex crosses 81,000 for the first time

Indian stocks hit record highs; sensex crosses 81,000 for the first time

Since Friday, the Nifty has increased about 485 points, or 1.98 per cent, while the Sensex has gained 1446 points or 1.79 per cent.

18 July,2024 04:21 PM IST | Mumbai | mid-day online correspondent
FICCI forecasts 7.0 per cent annual GDP growth for India in 2024-2025

FICCI forecasts 7.0 per cent annual GDP growth for India in 2024-2025

FICCI said that the median growth forecast for agriculture and allied activities will likely be at 3.7 per cent for 2024-25.

18 July,2024 12:40 PM IST | Delhi | ANI
Unlock Netflix's Full Potential: 5 Reasons to Buy a Static Residential Proxy

Unlock Netflix's Full Potential: 5 Reasons to Buy a Static Residential Proxy

Explore the top benefits of using a static residential proxy for Netflix. From accessing global content to enhancing streaming speed and privacy, discover how a static residential proxy can transform your Netflix experience.

17 July,2024 12:13 PM IST | Mumbai | Krishna Prasad | Krishna Prasad
 Union Budget 2024: How will budget impact your Income, Savings & Taxes?

    Union Budget 2024: How will budget impact your Income, Savings & Taxes?

    The Union Budget 2024 was announced on 23rd July by Finance Minister Nirmala Sitharaman. While the budget touched upon varied sectors of priorities for the government, it has raised several questions for the middle class. Are the taxes simplified enough? Will the standard deductions given matter much? What should be the right approach to investing? In the episode of Money Matters, Certified Financial Planner and SEBI Registered Investment Advisor Kalpesh Ashar in conversation with Mid-day’s Katyayani Kapoor explains various aspects of personal finance related to this year’s budget. From the widening of the tax slabs, raising STT on F&O, and raising taxes on Capital Gains to the new pension scheme for minors, in this video Kalpesh Ashar busts the myth and explains how these reforms can impact you. 

    24 July,2024 07:05 PM IST
    Sensex, Nifty extend Budget day fall in early trade

    Sensex, Nifty extend Budget day fall in early trade

    Foreign fund outflows and a weak trend in global markets also played spoilsport for the domestic markets

    24 July,2024 12:10 AM IST | Mumbai | PTI
    CREDAI-MCHI report shows surge in housing sales in MMR

    CREDAI-MCHI report shows surge in housing sales in MMR

    The report highlights a substantial surge in sales in certain regions, including South Mumbai, which saw a 41 per cent increase driven by the redevelopment of old buildings into luxury projects

    02 July,2024 10:35 AM IST | Mumbai | mid-day online correspondent

    01 January,1970 05:30 AM IST

    01 January,1970 05:30 AM IST
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