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Stock Market Highlights: BSE Sensex surges nearly 900 points; Nifty climbs above 24,250

Stock market today: Sensex slips 70 points, Nifty ends flat Benchmark equity indices Sensex and Nifty ended little changed on Tuesday as investors remained cautious ahead of key global central bank policy meetings this week and amid broad-based weakness across Asian markets. The 30-share BSE Sensex fell 69.86 points (0.09%) to close at 76,765.92. During…

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1785359598 rbi

India may soon get plastic notes: Why they are being introduced and what happens to paper money

The RBI has recently floated a tender to procure material for polymer banknotes. Soon you may be using plastic or polymer currency notes! The government has authorised the Reserve Bank of India (RBI) to print an initial batch of 2 billion polymer banknotes for field trials, the government informed Parliament on Monday.The RBI has recently…

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1785355934 stock market rally

Why did stock market rise today? BSE Sensex rallies 1,000 points; Nifty50 crosses 24,250 – top reasons for rally

India has comparatively fewer large listed companies directly exposed to the artificial intelligence infrastructure boom. Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Wednesday as IT sector stocks led the recovery. Sensex and Nifty each advanced over 1% even as crude oil prices jumped following escalating tensions between the US and…

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union minister of commerce and industry piyush goyal

India-US trade pact: Piyush Goyal explains the one condition to seal the deal

The long proposed India-US bilateral trade agreement will enter its first phase only after Washington restores India’s tariff competitiveness against rival exporting nations, Addressing concerns around the much awaited trade pact, commerce and industry minister Piyush Goyal on Wednesday, said that the understanding reached between the two countries was based on India receiving a comparative…

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1785337636 us stock market

US stock market today: Wall Street in red ahead of US Federal Reserve policy review; oil prices climb

Technology stocks, particularly companies viewed as richly valued, remain under pressure. US stock market today: US equities traded in negative on Wednesday as investors awaited the outcome of the Federal Reserve’s latest policy meeting on interest rates. Meanwhile, oil prices climbed sharply.S&P 500 edged down 0.73%. The Dow Jones Industrial Average lost over 700 points,…

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gst rollout boosted state tax revenues buoyancy

GST boost: Maharashtra emerges as India’s top state tax contributor

Maharashtra has emerged as the largest contributor to states’ tax revenue in recent years since the implementation of the Goods and Services Tax (GST), supported by its high domestic consumption and large services sector, according to a report by India Ratings and Research (Ind-Ra).The rating agency said GST has strengthened state governments’ tax collections and…

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