BUSINESS
Chinese Businesses Face ₹1.25 Lakh Crore Loss This Diwali, Says CAIT
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
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
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
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
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
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
Banking stocks led the rally. Nifty Bank closed 471 points or 0.93 per cent up at 51,259.
Tata-Airbus Aircraft Manufacturing Facility Puts India on the Global Aerospace Map, PM Modi
PM Modi inaugurated the Tata Aircraft Complex at Tata Advanced Systems Limited in the presence of Spanish Prime Minister Pedro Sanchez. According to him, this facility is going to be a hub for the civil aircraft designs and manufacture capabilities of the country along with making Vadodara one of the largest aviation centers in the nation.
Indian Real Estate Developers Raise ₹12,801 Crore Through QIP in January-September 2024
Real estate came in the second highest among sectors to raise funds through QIP so far this year after renewable energy.
Tata-Airbus C-295 Facility in Gujarat Represents a New Work Culture for New India, PM Modi
It is my always emphasis that not a delay take place in the planning stage itself and implementation thereafter, said the PM.
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