BUSINESS
India is best performing market in Sep
This move to record highs breaching the psychological 20000 mark on the Nifty has been achieved with an impressive 4.3 per cent rise in Bank Nifty, he said.
Setback for Torrent as NCLT rejects its plea in the Reliance Capital resolution matter
The NCLT will now hear the Reliance Capital resolution plan approval application of the administrator on September 26. In its plea, Torrent Investment had sought NCLT's directions to keep the Reliance Capital resolution plan approval in abeyance till the final orders are passed by the Supreme Court.
Consumers in US hit as inflation returns raising fuel, food & rental prices
Consumer prices in the US rose by more than expected last month, driven by higher costs for rent and fuel, particularly, media reports said. The inflation rate, index of the pace of price rises, was 3.7 per cent over the 12 months to August, the Labor Department said adding up from 3.2 per cent in July.
SEBI says it sees significant red flags in transactions between Zee and Essel entities
The vile plan was to round trip Zee's own money back into the company through entities to pay back the debt of Essel entities, the SEBI counsel argued, adding that the transactions between Zee and Essel entities can't be genuine or a coincidence.
US poverty rate soared in 2022, kids worst hit
The Supplemental Poverty Measure (SPM), which measures whether people have enough resources to cover their needs, increased 4.6 percentage points in 2022 from a year earlier, Xinhua news agency quoted the report released late Tuesday as saying.
Led by PSU banks, Nifty closes above 20K for first time ever
While the Nifty 50 index climbed 76.8 points to close above the 20,000-mark at 20,070 for the first time ever, the BSE Sensex was up 245.86 points to close at 67,466 on Wednesday. Thirteen of the 15 Nifty sectoral indices ended in the green in Wednesday's session.
RBI directs banks to return property documents within 30 days of loan repayment, or pay Rs 5000 fine for delay
The guidelines have been issued as it has been noticed that banks follow divergent practices in release of such documents leading to customer grievances and disputes.
Britain's economy shrinks more than expected in July
The ONS said the services and construction sectors fell by 0.5 per cent, and production went down by 0.7 per cent.
Blue Dart Express rebrands its service ‘Dart Plus’ as ‘Bharat Dart’
Blue Dart's decision to rebrand this service stems from an extensive discovery and research process aimed at aligning itself to the evolving needs of its customers.
Mutual funds increase weightage in technology, metals, consumer durables sectors
Conversely, private banks, PSU banks, oil and gas, consumer, and NBFCs saw a MoM moderation in weights.
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