New Delhi: Retail inflation rose to a four-month high of 5.08 per cent in June as food products, including vegetables, became more expensive, according to government data released on Friday.Retail inflation based on the Consumer Price Index (CPI) had been declining since January, before rising...
The country's foreign exchange reserves had declined by $1.71 billion to $652 billion in the week ended June 28, but have bounced back to resume last week's rising trend.The increase in foreign exchange reserves reflects the strong fundamentals of the economy and gives more scope to the RBI to...
New Delhi, IT services company HCL Technologies on Friday reported 20.4 per cent rise in consolidated net profit to Rs 4,257 crore for the June quarter and gave revenue growth guidance of 3-5 per cent for FY2025.HCL top executives expressed confidence of achieving "good growth in the coming...
HCLTech said it now employs 219,401 people (with a net growth of 8,080 in the first quarter of this financial year).The reduction in headcount due to disinvestment was 7,398 and the company added 1,078 new people during the period.The company said attrition was 12.8 percent, down from 16.3...
The growth rates of mining, manufacturing and power sectors of the index in May 2024 were 6.6 percent, 4.6 percent and 13.7 percent respectively as compared to the same month last year.Within the manufacturing sector, the growth rates of the top three positive contributors to IIP growth for...
Vegetable prices soared by up to 29.32 per cent during the month as the scorching heat wave in northern states affected production, while pulses prices rose by 16.07 per cent during the month.Cereal prices also increased by 8.65 percent during the month.Inflation had eased to a 12-month low...
New Delhi, Sunteck Realty Ltd on Friday reported a 30 per cent decline in its sales bookings to Rs 502 crore for the quarter ended June due to strong housing demand.The company had sold assets worth Rs 387 crore in the same period a year ago.“Our pre-sales in Q1FY20 were approximately Rs 502...
New Delhi: According to government data released on Friday, retail inflation increased to 5.08 percent in June due to costlier kitchen items.Consumer Price Index (CPI) based retail inflation stood at 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous low).According to data...
New Delhi: India's industrial output grew 5.9 per cent in May this year mainly due to good performance by the mining and power sectors, according to official data released on Friday.Factory output, measured in terms of the Index of Industrial Production (IIP), witnessed a growth of 5.7 per...
According to the Indian Staffing Federation (ISF) annual Employment Trends 2024 report, the staffing industry continued to demonstrate quarter-on-quarter growth of 2.3 per cent in the fourth quarter (Q4) of FY20, adding 30,000 new flexi employment opportunities. .The federation noted that the...
New Delhi, The market capitalization of BSE-listed companies soared to a new all-time high of Rs 452.38 lakh crore on Friday, and investors' wealth rose by Rs 1.17 lakh crore, amid a stock rally in which the Sensex hit its new all-time high. .The 30-share BSE Sensex jumped 622 points or 0.78...
At close, Sensex was up 622 points or 0.78 per cent at 80,519 and Nifty was at 24,502, up 186 points or 0.77 per cent.During the day, both Sensex and Nifty made new all-time highs of 80,893 and 24,592, respectively.The market was driven mainly by technology stocks.Share price of Tata...
Mumbai, equity benchmarks Sensex and Nifty soared nearly 1 per cent to hit fresh all-time highs on Friday, driven by heavy buying in IT and technology stocks after strong gains from TCS amid hopes of a rate cut by the United States Federal Reserve.A rally in Reliance Industries and Infosys...
New Delhi: TCS shares on Friday rose nearly 7 per cent, adding Rs 94,866.26 crore to its market valuation, after the country's largest IT services player reported 8.7 per cent growth in June quarter net profit to Rs 12,040 crore.The massive rally in leading IT stocks also took its market...
In its report on state finances for the year ended March 31, 2023, tabled in the state Assembly on Friday, the CAG said the ratio of revenue deficit to fiscal deficit indicates the extent to which borrowed funds were utilised. for current consumption.However, the persistently high ratio of...
Mumbai: Equity benchmark indices Sensex and Nifty rose nearly 1 per cent each to new lifetime highs on Friday led by strong buying in IT and tech stocks following TCS's strong earnings.Traders said the rise in Reliance Industries and Infosys also boosted investor sentiments.The 30-share BSE...
Kolkata, India's residential real estate market witnessed a 55 per cent rise in new launches in the first half of 2024 to 159,455 units, while Kolkata displayed an opposite trend, according to a report released on Friday.The eastern metro saw an 11 per cent decline in new launches during this...
Shimla, Seasonal snow cover in Chenab, Beas, Ravi and Sutlej river basins in Himachal Pradesh decreased by 12.72 per cent in 2023-24 compared to 14.25 per cent in 2022-23, according to a statement issued here on Friday.During the early months of winter 2023-24 (October to November), Chenab...
According to data shared by LSEG Deals Intelligence, initial public offerings (IPOs) of Indian companies increased by 97.8 per cent to $4.4 billion compared to the same period last year and the number of IPOs increased by 70.6 per cent year-on-year. Percentage increased.“Follow-on offerings...
New Delhi: Wholesale sales of passenger vehicles crossed the 10 lakh mark for the first time in the June quarter on the back of robust demand for utility vehicles, industry body SIAM said on Friday.Total passenger vehicle dispatches in the first quarter stood at 10,26,006 units, an increase of...