BUSINESS
Nifty Achieves Record Peak Amid Robust GDP Projections
Nifty closed at 20,267.90, marking a gain of 134.75 points or 0.67 percent, while the Sensex reached 67,481.19, climbing 492.75 points or 0.74 percent. The Sensex is now just 446 points away from its all-time high of 67,927.23.
Whirlpool India Witnesses 8% Drop in Shares Following Parent Company's Decision to Sell Up to 24% Stake
As of now, Whirlpool of India shares have fallen by 8.83 percent, trading at Rs 1429 on the Bombay Stock Exchange (BSE).
Raymond Independent Directors Affirm No Legal Mandate to Probe Matrimonial Disputes
Emphasizing their vigilance, the independent directors highlighted their commitment to safeguarding the interests of non-promoter minority shareholders, employees, and stakeholders amid the situation.
Piyush Goyal Urges Corporates to Amplify Investments, Citing India's 'Sweet Spot'
Addressing the gathering, Goyal stressed the competitive financing environment in India, attracting investments from those seeking greater stability.
Commercial LPG Prices Surge
In Delhi, the cost of a 19 kg LPG cylinder has surged to Rs 1,796.50, while in Kolkata, it stands at Rs 1,908. Mumbai and Chennai report prices of Rs 1,749 and Rs 1,968, respectively, for the same 19 kg LPG cylinder.
RBI Reports Over 97% Return Rate of Rs 2,000 Banknotes
Initially, the total value of Rs 2,000 banknotes in circulation stood at Rs 3.56 lakh crore when their withdrawal was announced.
Sensex Surges Above 67,000 on the Back of Market Momentum
Vijayakumar points out the Q2 FY24 GDP growth rate of 7.6 per cent, surpassing initial expectations.
Investors Bet on Fed Rate Cuts, Fueling Best-Ever Month for US Stocks
At 3.2 per cent, inflation levels were considered "cool" by the Federal Reserve, which typically aims for a steady rate of around 2 per cent.
SpaceX Acquisition: Musk's Firm Invests $2.2 Million in Parachute Company, Reveals Report
This acquisition marks SpaceX's first publicly acknowledged purchase since 2021, when the company procured the small satellite company Swarm for a staggering $524 million.
Sweden Enters Recession as Q3 Records 0.3% Shrinking GDP
Statistics Sweden reported that the gross domestic product (GDP) experienced a decline of 0.3 percent in Q3 compared to the preceding quarter.
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