Bharat Express

Business

On Tuesday, Low-cost carrier Akasa Air announced the appointment of Belson Coutinho as its Chief Operating Officer (COO).

The Sensex rose 327.86 points (0.42%) to 78,292.85, while the Nifty gained 128.80 points (0.55%) to 23,744.85.

The Indian stock market experienced a significant downturn on Monday, with domestic benchmark indices falling by more than 1.5%.

The Indian stock market, which started the day on a positive note, turned red by the afternoon as both benchmark indices experienced sharp declines.

The Sensex was up by 247.50 points or 0.31% at 79,470.61, and Nifty gained 60.25 points or 0.25% at 24,065 by 9:32 am.

Tata Group Chairman N Chandrasekaran expressed confidence that despite a moderation in India’s growth this year, the country will remain the world’s fastest-growing economy.

India’s petroleum product demand is expected to rise by 3% to 4% in the financial year ending March 2025 (FY25), driven by increased consumer, industrial, and infrastructure activity, according to a report from Fitch Ratings.

In a remarkable milestone for India’s digital payments ecosystem, Unified Payments Interface (UPI) transactions hit an all-time high in December 2024.

Indian and foreign airlines carried a total of 64.5 million international passengers, marking an impressive 11.4% growth compared to the same period in 2023.

A recent study has unveiled the significant strides made by India’s toy industry, highlighting a 52% reduction in toy imports and an impressive 239% increase in exports.