Stock market ends flat; auto shares surge as IT and FMCG decline
Mumbai, Sep 5 (IANS) The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.
Mumbai, Sep 5 (IANS) The Indian equity indices ended flat after a volatile session on Friday as investors showed a mixed approach amid weak global cues.
Mumbai, Sep 5 (IANS) Abril Paper Tech made a weak stock market debut on Friday, listing at Rs 48.80 on the BSE SME platform, about 20 per cent lower than its issue price of Rs 61.
New Delhi, Sep 5 (IANS) The Goods and Services Tax (GST) overhaul, which comes into effect from September 22, is a significant shift aimed at stimulating growth through consumption-led strategies, especially as indirect taxes are regressive in nature, a report said on Friday.
New Delhi, Sep 5 (IANS) An Indore-bound Air India Express flight from Delhi suffered a mid-air engine fault on Friday, prompting the pilots to make a ‘PAN-PAN’ call to Air Traffic Control before landing safely with all passengers unharmed.
New Delhi, Sep 5 (IANS) India’s diesel exports to Europe have more than doubled in August as buyers stepped up purchases to secure supplies at lower prices ahead of the European Union ban on fuels refined from Russian crude that will kick in from January 2026, according to market analysts.
Mumbai, Sep 5 (IANS) Maharashtra Transport Minister Pratap Sarnaik said on Friday that he has taken the delivery of Tesla car to spread awareness about electric mobility among citizens, especially the younger generation.
New Delhi, Sep 5 (IANS) The GST reforms can moderate CPI inflation in the range of 65-75 bps over FY26-27, an SBI report has said, adding that the simpler GST 2.0 system unleashes plethora of benefits in the form of consumption boost primarily from the middle class, low inflation, ease of business and ease of living.
New Delhi, Sep 5 (IANS) Shares of Ola Electric Mobility dropped nearly 8 per cent on Thursday’s intra-day trading session after Japanese investment giant SoftBank cut its stake in the electric scooter maker through open market deals.
New Delhi, Sep 5 (IANS) The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services tax (GST) rates. The reductions will have a positive impact on consumption, which accounts for 15 per cent of the revenue of corporates, according to a Crisil Intelligence Report released on Friday.
New Delhi, Sep 5 (IANS) In a significant step, Bank of Baroda, one of India's leading public sector banks, has declared the loan accounts of Reliance Communications Ltd. (RCom) and its erstwhile Director, Anil Ambani, as 'fraud', according to an exchange filing.