India’s MSME Exports Surge; Strengthening Global Trade And Economic Growth
India's Micro, Small, and Medium Enterprises (MSMEs) have demonstrated impressive growth.
Mutual Funds Add 5.13 Crore Folios In 2024; Equity Funds Lead Growth
The open-ended mutual fund industry added 5.13 crore folios in 2024, bringing the total to 22.02 crore by November, up from 16.89 crore in January.
Indian Markets Poised For Positive Returns In 2024 Amid Robust Growth
The Nifty 50 index recorded a 9.21% gain, while the Sensex climbed by 8.62%, marking another successful year for the markets.
Reliance Industries’ Stock Tanks 23% From Its July High
Reliance Industries Limited (RIL), India’s largest company by market capitalisation, has seen its stock fall by 23 per cent from its peak in July.
Stock Market Ends Flat Ahead Of Christmas; Metals & Power Stocks Weigh On Performance
On Tuesday, the stock market ended flat, with selling across sectors like IT, financial services, pharma, and metals.
Markets Start Steady; Nifty Holds Above 23,700
The market mood remained upbeat, with 1,302 stocks advancing on the National Stock Exchange (NSE). However, 877 stocks traded lower, showcasing a cautious undertone.
Adani Defence To Acquire Air Works For ₹400 Crore, Expands MRO Capabilities
Adani Defence & Aerospace announced its acquisition of Air Works, India’s largest private maintenance, repair, and overhaul (MRO) company, for an enterprise value of ₹400 crore.
Indian Markets Open Strong On Positive Global Cues
Asian markets, including Hong Kong, China, Japan, and Seoul, traded in positive territory. In the U.S., the Dow Jones closed at 42,840.26, gaining 1.18%, while the S&P 500 and Nasdaq advanced by 1.09% and 1.03%, respectively.
FDI Flow Into India From Gulf Countries Surges To $24.54 Billion In 12 years
Foreign Direct Investment (FDI) from Gulf Cooperation Council (GCC) countries into India surged to $24.54 billion between September 2013 and September 2024.
CPSEs Report 47% Profit Growth In FY24, Led By Petroleum Sector
The 272 operating CPSEs reported a combined net profit of ₹3.22 lakh crore in FY24, up from ₹2.18 lakh crore the previous year. The petroleum sector drove this surge, with key players posting significant gains.
