BUSINESS

EAC-PM Chairman Bibek Debroy Dies
Siddhant Kumar -
He had passed out from the Ramakrishna Mission School, Narendrapur, Presidency College, Kolkata, Delhi School of Economics, and Trinity College, Cambridge, and had many books to his credit.
Investors Gain Rs 128 Lakh Crore in Samvat 2080, Gold Delivers 32% Returns
Monika -
The National Stock Exchange witnessed the investor base cross 20 crore. Amidst tremendous interest from the retail investors, 336 companies saw listing in Samvat 2080 — with 248 coming from the SME segment.
India's Core Industries Grow by 2% in September, Driven by Coal and Cement
Monika -
The cumulative growth rate of the Index of Eight Core Industries (ICI) for the April-September period was 4.2 per cent compared to the corresponding period of last year, said the Ministry of Commerce and Industry, adding that the final growth rate of ICI for June stood at 5.0 per cent.
Chinese Businesses Face ₹1.25 Lakh Crore Loss This Diwali, Says CAIT
Anurima Das -
With Diwali celebrations starting on a positive note this week, retail trade on Dhanteras alone is estimated to touch Rs 60,000 crore, said CAIT General Secretary and MP Chandni Chowk, Praveen Khandelwal.
RBI Data Shows 60% of Gold Reserves Held Domestically, Increasing by Over 102 Tonnes in April-September
Monika -
According to RBI's 'Half Yearly Report on Management of Foreign Exchange Reserves: April-September 2024, it maintained safe custody with the Bank of England and BIS, and in gold deposit form, it maintained 20.26 metric tonnes out of 324.01 metric tonnes.
Ola Electric Shares Reach All-Time Low, Falling Below IPO Price
Siddhant Kumar -
Ola Electric shares open in the red on Tuesday. The stock has managed a lifetime low of Rs 74.84 till date in the trading session so far.
India Defies Global Trend with Robust VC Investment of $3.6 Billion in July-September
Monika -
VC investment in India remained strong at $3.6 billion in the quarter, helped by a number of raises by consumer-focused businesses, according to the KPMG Private Enterprise's Venture Pulse report.
Sensex Rises for Second Consecutive Day, Led by Gains from SBI and ICICI Bank
Kumar Manoj -
The market trend stayed mixed. While on the National Stock Exchange, 1003 stocks traded in the green, 1,124 traded in red.
India Surpasses US with 36% Share of Global IPO Listings in July-September
Siddhant Kumar -
Another excellent performance showed by the markets where its IPO returns touched an estimated 65.3 year-to-date significantly outperformance of 14.9percent gain witnessed by BSE Sensex, noted in the report by EY India.
Sensex Ends Five-Day Losing Streak, Nifty Closes Above 24,300
Monika -
Banking stocks led the rally. Nifty Bank closed 471 points or 0.93 per cent up at 51,259.
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