The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, November 5, 2024. The Sensex started trading at 78,693.36, down 88.88 points or 0.11%, and the Nifty was at 23,981.45, down 13.90 points or 0.06%. Meanwhile, the Indian rupee was trading today at 84.09 against the dollar.
The Reserve Bank of India has announced big updates regarding the Rs 2,000 currency notes. 98.04% of these notes currently in circulation have been returned to nationalized banks. The RBI stated that only Rs 6,970 crore worth of Rs 2,000 notes remain with the public. This initiative is part of the RBI’s Clean Note Policy, […]
Here are the petrol prices per liter today in the top metro cities in India. ★ Delhi – ₹94.72, ★ Kolkata – ₹104.95, ★ Mumbai – ₹103.44, ★ Chennai – ₹100.98, ★ Gurgaon – ₹94, ★ Noida – ₹94.72, ★ Bangalore – ₹102.88, ★ Bhubaneswar – ₹101.06, ★ Chandigarh – ₹94.24, ★ Hyderabad – ₹107.41, […]
To accommodate travelers during Chhath Puja, Indian Railways will run special trains from stations like Jammu Tawi, Amritsar, and Ludhiana. Safety measures and help desks will be in place for passengers. The Railway Board plans to operate 195 special trains over 13, especially in Bihar and Uttar Pradesh. Unreserved seats will also be available for […]
HDFC Bank has announced that its UPI service will be unavailable on November 5 and November 23 due to essential system maintenance. On November 5, the service will be down from 12:00 AM to 2:00 AM, while on November 23, it will be unavailable from 12:00 AM to 3:00 AM. This outage will affect all […]
Indian stock markets ended the week’s first trading session in the negative territory. Sensex shed as many as 941.88 points or 1.18% to settle at 78,782.24. Similarly, Nifty ended lower by 309 points or 1.27% to settle at 23,995.35. Broader market also ended in red. Midcap and Smallcap ended lower by 1.31%, and 1.98%, respectively.
Hyundai Motor and Kia reported a 17.4% increase in combined vehicle sales in the U.S. for October, driven by heightened demand for their hybrid models. Total sales reached 147,613 units, the highest for any October. Hyundai sold 78,705 units, marking an 18.3% rise, while Kia’s sales grew by 16.5% to 68,908 units, according to Yonhap […]
The Sensex and Nifty opened at fresh record levels in early trade today, November 4, 2024. The Sensex started trading today at 79713.14, down 10.98 points or 0.01%, and the Nifty was at 24315.75, up 11.40 points or 0.05%. Meanwhile, the Indian rupee was trading today at 84.06 against the dollar.
Asian Development Bank commended India for implementing policies aimed at reducing fossil fuel subsidies, specifically on petroleum products, and introducing a cess on coal. This strategy has enabled India to significantly cut fiscal subsidies in the oil and gas sector by 85%, from a peak of USD 25 billion in 2013 to USD 3.5 billion […]
The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting plays a crucial role in shaping the country’s economic landscape. It assesses inflation and economic growth to set interest rates, impacting borrowing costs and investment decisions. The MPC’s decisions influence liquidity in the market, currency stability, and overall economic confidence.
The TDP said via Twitter that ArcelorMittal Nippon Steel is set to establish a large-scale steel plant in Andhra Pradesh, with an investment of Rs.1.4 lakh crore. This joint venture between ArcelorMittal and Japan’s Nippon Steel aims to build a steel plant in Anakapalle district. The agreement was finalized during a Zoom call between IT […]
You can conveniently pay your insurance premiums with a credit card. Here’s a simple guide: visit your insurance company’s website or app, go to the payment section, select “Premium Payment,” choose “Credit Card,” enter your details. You can also opt for auto-debit for automatic payments. While this method offers benefits like improved credit scores and [&hel...
The government has allocated ₹1,650 crore to state-owned Rashtriya Ispat Nigam Ltd (RINL) to address its severe operational and financial issues. This includes ₹500 crore in equity and a ₹1,140 crore working capital loan. Despite plans for privatisation, unions oppose this move, citing RINL’s lack of captive iron ore mines as a critical factor in […]
TVS Motor Company set a new sales record in October, achieving a total of 4.89 lakh units sold, marking the highest monthly sales in its history. Total two-wheeler registrations increased by 14%, rising from 4,20,610 to 4,78,159. Motorcycle sales climbed 14% to reach 2,30,822 units, while scooter sales experienced a notable 17% increase, totaling 1,93,439 […]