Indian Equity Indices Hit Record Highs As Banking Stocks Surge
Indian equity markets reached unprecedented levels on Wednesday, fueled by a significant rally in banking stocks.
India’s coal production At 84.6 Million Tonnes In June; Sees Surge By 14.5 Per Cent
According to the most recent data given by the Ministry of Coal, India’s coal production increased by a strong 14.5% in June of this year to reach 84.63 million tonnes, up from 73.92 million tonnes in the same month the previous year. In comparison to the same period previous year, when it was 57.96 million …
Hyundai Motor and LGES Finish Constructs EV Battery Plant in Indonesia
On Wednesday, informing about jointly build plant with LGES, Hyundai Motors said that it has complete the construction, allowing the South Korean automotive giant a fully-integrated EV production system in the Southeast Asian nation.
RBI Draft New Regulations To Ease Foreign Trade Transactions
The RBI unveiled new draft regulations aimed at simplifying foreign trade transactions, particularly benefitting small exporters & importers.
Zomato Receives Shareholders’ Approval For New ESOP Pool Worth Rs 3,800 Crore
Zomato has secured shareholders' approval to establish a new employee stock option pool comprising 18.2 crore shares.
Markets Close Marginally Lower On Profit-Booking
In Asian markets, Singapore, Tokyo, Hong Kong, and Shanghai closed in positive territory, while Thailand, Taiwan, Indonesia, Thailand, Malaysia, and South Korea ended in negative territory
4 Adani Ports Shine In Container Port Performance Index 2023
On 19 June, APSEZ announced 4 ports ranked in 'Container Port Performance Index 2023' by the World Bank and S&P Global Market Intelligence.
Indian Fast Fashion Industry To Become $50 Million By FY31: Report
While the broader fashion industry witnessed a decent growth of 6 per cent on year-on-year basis, Indian fast fashion industry, driven by Millenials and Gen z, saw a monumental growth of 30-40 per cent.
Nomura: Strong Macroeconomic Outlook For India In 2nd Half Of FY25
Nomura projects a decline in India's consumer price index from 5.7% at the end of FY24 to 4.8% in the first quarter of FY25.
SEBI Issues Show-Cause Notice To Hindenburg Research, Anderson, & FPIs Over Adani Trading Violations
The SEBI has issued a show-cause notice to Hindenburg Research, Nathan Anderson, and the Mauritius-based FPI entities linked to Mark Kingdon.
