After a super volatile week, all eyes on new Cabinet

Arun Kejriwal | June 9, 2024 1:55 PM

New Delhi, June 9 (IANS) It was an eventful and extremely volatile week for the stock market where one saw wild gyrations in both directions. At the end of it, it left the weak-hearted gasping for breath, waiting to recover their composure. The net price movement does not reflect the extent of wild swings that one saw.

Investors gain Rs 28 lakh crore in just 3 trading sessions as PM Modi set to begin 3rd term

IANS | June 7, 2024 3:57 PM

Mumbai, June 7 (IANS) As Prime Minister Narendra Modi was elected as leader of the NDA Parliamentary party amid the RBI’s monetary policy announcements, the Indian indices on Friday recovered from losses it suffered before the election results, giving investors Rs 28 lakh crore back in just three trading sessions, from over Rs 30 lakh crore loss they had suffered.

Railways rushes more coal to power plants to meet peak summer demand

IANS | June 6, 2024 3:24 PM

New Delhi, June 6 (IANS) Indian Railways transported 9.3 per cent more coal in May this year compared to the same month last year to help the country’s power plants meet the peak demand for electricity in the scorching summer from power plants, official data shows.

RBI likely to leave interest rates unchanged

IANS | June 6, 2024 12:50 PM

Mumbai, June 6 (IANS) The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check.