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  1. Bajaj Auto MD says government should review GST rates on clean fuel vehicles

    Bajaj Auto MD says government should review GST rates on clean fuel vehicles

    Pune Bajaj Auto CEO Rajiv Bajaj on Friday suggested that the government should review the GST rates for vehicles powered by clean fuels.During the launch of the first Freedom 125 integrated motorcycle here, Bajaj also expressed concern over the use of "unsustainable subsidies" to promote...
  2. Reliance Industries shares rose 2 percent to 52-week high

    Reliance Industries shares rose 2 percent to 52-week high

    New Delhi: Shares of market giant Reliance Industries rose over 2 per cent on Friday, taking its market valuation above Rs 21.5 lakh crore.Bellwether stock closed 2.63 per cent higher at Rs 3,189.90 on NSE. It jumped 2.86 percent during the day to reach a record high of Rs 3,197.On BSE, the...
  3. Titan reports 9 percent revenue growth in Q1, adds 61 stores

    Titan reports 9 percent revenue growth in Q1, adds 61 stores

    New Delhi: Leading jewelery and watch maker Titan on Friday said it recorded standalone revenue growth of 9 per cent in the first quarter ended June 30, 2024.The Tata Group-managed firm added 61 stores during April-June FY25, taking its combined retail network presence to 3,096 stores.Its...
  4. Surjewala questions timing of tariff hike by 3 telecom companies, accuses Center of promoting crony capitalism

    Surjewala questions timing of tariff hike by 3 telecom companies, accuses Center of promoting crony capitalism

    Smelling "conspiracy" over tariff hike by the three major telecom companies in one go, the Congress General Secretary said this could not have been possible without the blessings of the Modi government, and questioned the unilateral decision of Telecommunications companies to apply 15-20 percent...
  5. Nifty hits new lifetime high; Sensex retreats from record and slips below 80k

    Nifty hits new lifetime high; Sensex retreats from record and slips below 80k

    Mumbai, NSE's broader benchmark Nifty advanced further to settle at an all-time high for the third consecutive session on Friday, while the BSE gauge Sensex retreated from the record to fall below the 80k level.The broader NSE Nifty rose 21.70 points or 0.09 per cent to close at its all-time...
  6. Shares of defense companies have increased as India's annual production reached a record high of Rs 1.27 lakh crore.

    Shares of defense companies have increased as India's annual production reached a record high of Rs 1.27 lakh crore.

    On the back of successful implementation of policies and initiatives focused on achieving 'self-reliance' under the leadership of Prime Minister Narendra Modi, the Defense Ministry achieved the highest ever growth in indigenous defense production in value terms during FY 2024 .Bharat Earth...
  7. Sensex closed flat, smallcap and midcap stocks gained

    Sensex closed flat, smallcap and midcap stocks gained

    At close, Sensex was down 53 points at 79,996 and Nifty was at 24,323, up 21 points or 0.09 per cent.Buying is visible in midcap and smallcap shares. The Nifty Midcap 100 index was up 470 points or 0.83 per cent at 57,089 and the Nifty Smallcap 100 index was at 18,941, up 148 points or 0.79...
  8. Government's infrastructure demand to rise to 221-275 million tonnes by FY34-report

    Government's infrastructure demand to rise to 221-275 million tonnes by FY34-report

    Hyderabad, with sustained investment drive across different sectors, overall steel demand in India is projected to grow at a CAGR of 5 per cent to 7.3 per cent over the next decade, leading to demand of steel from 221 to 275 million tonnes by FY34 (under different scenarios), according to a...
  9. Foreign investors pumped US$3.1 billion into real estate in January-June; 65 percent share of total flows: JLL

    Foreign investors pumped US$3.1 billion into real estate in January-June; 65 percent share of total flows: JLL

    New Delhi: Foreign investors poured $3.1 billion into Indian real estate between January and June this year, accounting for 65 per cent of total institutional investment, according to JLL India.Data from real estate consultancy JLL India released on Friday showed that total institutional...
  10. With Centre's push on defense manufacturing, shares of Indian listed companies made significant gains

    With Centre's push on defense manufacturing, shares of Indian listed companies made significant gains

    New Delhi [India], With the government's push for the Make in India initiative, defense production has increased to historic levels. This increase in defense manufacturing has also generated substantial returns for investors in major defense manufacturing PSUs over the past year.According to...
  11. QMS Medical buys 51 percent stake in Sarathi Healthcare

    QMS Medical buys 51 percent stake in Sarathi Healthcare

    New Delhi, QMS Medical Allied Services on Friday said it has acquired 51 per cent stake in Sarathi Healthcare for Rs 450 crore.Mumbai-based QMS MAS is engaged in the marketing and distribution of a wide range of medical products.“The acquisition of Sarathi is a natural extension of our...
  12. Different trends were seen in the price of home-made thali: Veg thali increased by 10 percent in June, non-veg thali decreased by 4 percent.

    Different trends were seen in the price of home-made thali: Veg thali increased by 10 percent in June, non-veg thali decreased by 4 percent.

    New Delhi [India], The cost of preparing a homemade vegetarian thali increased by 10 percent in June compared to the same period last year, while the cost of a non-vegetarian thali decreased by 4 percent, according to the latest report . estimates from the CRISIL report.This divergence in food...
  13. Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    Defense production to reach record high of around Rs 1.27 lakh crore in 2023-24: MoD

    New Delhi: India's annual defense output hit a record high of about Rs 1.27 lakh crore in 2023-24, with the Make in India program crossing new milestones, Defense Minister Rajnath Singh said on Friday.The value of defense production in fiscal year 2022-23 was Rs 1,08,684 crore, he added.In a...
  14. Most developers want tax rationalization and lower interest rates from the budget

    Most developers want tax rationalization and lower interest rates from the budget

    New Delhi [India], a survey by real estate association CREDAI and investment management firm Colliers found that most real estate developers expect tax rationalization, subsidies for affordable housing and single-window clearance from the Union Budget for 2024, which is scheduled to be unveiled...
  15. Vegetarian thali became costlier by 10 percent in June due to rise in prices of onion, tomato: Crisil

    Vegetarian thali became costlier by 10 percent in June due to rise in prices of onion, tomato: Crisil

    Mumbai: The average cost of a vegetarian thali became more expensive by 10 per cent in June due to rising prices of onion, potato and tomato, according to a report released on Friday.However, a drop in the price of broiler chickens contributed to a decline in the cost of a non-vegetarian meal...
  16. Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    Government is committed to developing India as a leading global defense manufacturing hub: Rajnath Singh

    The Union Minister's statement came as the Ministry of Defense achieved the highest ever growth in local defense production in terms of value during the financial year (FY) 2023-24, thanks to successful implementation of policies and initiatives of the government. , led by Prime Minister...
  17. Raymond shares hit 52-week high; Rally of more than 17 percent

    Raymond shares hit 52-week high; Rally of more than 17 percent

    NEW DELHI: Shares of Raymond rose over 17 per cent on Friday after the textile major said it will demerge its real estate business to unlock value for shareholders and tap the growth potential in the Indian property market.The company's shares rose 17.30 percent to Rs 3,450.95 on BSE.Shares...
  18. Kalyan Jewelers reports 27 per cent revenue growth in Q1FY25, plans expansion

    Kalyan Jewelers reports 27 per cent revenue growth in Q1FY25, plans expansion

    New Delhi, Kalyan Jewelers on Friday reported 27 per cent year-on-year growth in consolidated revenue for the first quarter of financial year 2024-25, driven by strong performance in both the Indian and Middle Eastern markets.The company had reported a consolidated net revenue of Rs 4,376...
  19. Meghalaya receives 44 percent more rainfall in a month

    Meghalaya receives 44 percent more rainfall in a month

    Shillong, Meghalaya received 44 per cent excess rainfall in the past one month, causing massive damage to public infrastructure and disrupting people's lives, officials said on Friday.A senior disaster management official said that the state received 117.32 cm rainfall between June 1 and July...
  20. Due to non-veg thali becoming cheaper, the price of home-made vegetarian thali is increasing.

    Due to non-veg thali becoming cheaper, the price of home-made vegetarian thali is increasing.

    The cost of the vegetarian thali increased due to an increase of 30 per cent, 46 per cent and 59 per cent in prices of tomatoes, onions and potatoes respectively, mainly due to the low base of the previous financial year.“Tomatoes, onions and potatoes have been major contributors to this...
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