In the current financial year so far, the average monthly demat accounts have stood at 3.4 million.Central Depository Services Limited (CDSL) continued to gain market share in terms of total number of demat accounts in June, Motilal Oswal Financial Services reported.The report noted that on...
In New Delhi, Oil Minister Hardeep Singh Puri on Thursday called for intensifying the search for oil and gas to reduce India's dependence on imports and make the fuel available in an affordable and sustainable manner.Speaking at the Urja Varta conference, he said that the exploration and...
About 133 attached, subordinate offices and autonomous bodies were identified for implementation after inter-ministerial consultation.DARPG on June 24 issued guidelines for adoption of e-office in attached, subordinate offices and autonomous bodies.In 2019-2024, there was a significant pace...
New Delhi, Housing sales in eight major cities declined 6 per cent in the April-June period compared to the previous quarter as builders and investors turned cautious due to the Lok Sabha polls, according to PropTiger.Real estate brokerage platform PropTiger, part of REA India, which owns...
According to the report prepared by the Economic Research Department of SBI based on RBI data, "Even if we exclude agriculture, the total number of jobs created in manufacturing and services during FY 2014-23 was 8.9 crore and 8.9 crore in FY 2004." -6.6 crores during 2014."Total employment...
According to India Ratings & Research, increased private consumption will lead to more balanced growth, thereby reducing the disparity between the premium and value segments.According to the report, urban demand will also continue to increase but at a slower pace.India Ratings said growth...
Mumbai: Equity benchmark indices bounced back in early trade on Thursday amid a rally in global markets and continued foreign fund inflows.Buying in IT stocks also led to positive trend in equities.In early trade, the 30-share BSE Sensex rose 245.32 points to 80,170.09. NSE Nifty rose 78.2...
New Delhi, Leasing of commercial spaces in malls rose 15 per cent year-on-year during the April-June period to 6.12 lakh sq ft across eight major cities due to improved demand from retailers, according to Cushman & Wakefield.Data from real estate consultancy Cushman & Wakefield India showed...
New Delhi, Leading cement maker UltraTech Cement on Wednesday announced the acquisition of additional 25 per cent stake in UAE-based RAKWCT, taking its total stake to 54.39 per cent.Subsequently, UAE-based RAK Cement Company for White Cement and Construction Materials PSC (RAKWCT) has become a...
This can be achieved by increasing the proportion of domestically manufactured components, he said in his address at the CII MSME Growth Summit here."Manufacturing will play a major role in the structural transformation of the Indian economy and electronics will be a key sector driving this...
Jalandhar, a voter turnout of around 55 per cent was recorded in the Jalandhar West assembly bypoll in Punjab on Wednesday, a sharp drop from the 67 per cent that won the seat in the 2022 state elections.The elections were held from 7 am to 6 pm and passed peacefully, officials said...
By-elections were held in West Bengal (4 seats), Himachal Pradesh (3 seats), Uttarakhand (2 seats), Madhya Pradesh, Tamil Nadu, Bihar and Punjab (1 seat each) to fill the vacant seats. due to disappearance. or resignation of regular members.In Himachal Pradesh, where by-elections were...
Mumbai: The travel and tourism industry on Wednesday urged the government to consider a flat 12 per cent GST rate for hotels in the upcoming Budget 2024-2025 to boost domestic and inbound tourism."Tiered GST based on hotel room rates can lead to price disparities as hotels adjust room rates...
New Delhi: Financial services company Capital Group on Wednesday sold stake in Mankind Pharma for Rs 385 crore through an open market transaction.US-based Capital Group sold 18.50 lakh shares or 0.5 per cent stake in Mankind Pharma through its associate Hema CIPEF (I) Ltd, according to block...
Ahmedabad, Gujarat has received 223.37 mm rainfall so far this season, with widespread rainfall lashing many areas of the state, which is more than 25 per cent of the average annual rainfall in the state, bringing relief to farmers, the government said. Wednesday.Government spokesperson and...
New Delhi, Canada Pension Plan Investment Board on Wednesday sold shares of Nykaa's parent company FSN E-Commerce Ventures and logistics company Delhivery for Rs 1,166 crore through open market transactions.According to block deal data available on BSE, Canada Pension Plan Investment Board...
New Delhi, Glenmark Pharmaceuticals on Wednesday said its board has approved the proposal to sell the remaining 7.84 per cent stake in Glenmark Life Sciences through an offer for sale in a deal worth about Rs 778 crore.The Mumbai-based drugmaker said the company's board in its meeting held on...
Patna/Purnia: Over 57 per cent of over three lakh voters exercised their franchise in the by-election to Rupauli Assembly seat in Bihar, where a mob attacked a police party on Wednesday, injuring two officers.Voting on this seat falling in Purnia district started at 7 in the morning and...
New Delhi: Retail inflation for industrial workers eased to 3.86 per cent in May from 4.42 per cent in the same month a year ago.A statement from the Labor Ministry said the Consumer Price Index-Industrial Workers (CPI-IW) stood at 3.87 per cent in April 2024.According to the statement...
PPA Chairman P.L. It said this excellent performance creates a new record for the port, representing an increase of 4.78 per cent compared to 39.25 MMT achieved during the same period in 2023-24. HarnadhThis significant achievement underlines the port's vital role in strengthening India's...