Bharat Express

Business

On Tuesday, Indian benchmark indices opened strongly, fueled by optimism ahead of next week’s Union Budget.

The Indian stock market remained bullish on Monday, supported by positive Union Budget expectations, strong FII inflows, and encouraging IT results.

The pledge is aligned with India’s nationally determined contribution (NDC) commitment under the Paris Agreement where the country has committed to create an additional carbon sink to sequester 2.5-3.0 billion tons of CO2.

The annual rate of inflation based on the all-India Wholesale Price Index (WPI) number edged up to 3.36 per cent in June

State Bank of India (SBI), the country's largest lender, has raised its benchmark MCLR by 5 to 10 basis points, effective July 15.

Indian indices surge at the start of the week, fueled by strong IT quarterly results and active foreign institutional investor (FII) participation.

Attributed the growth to the fading uncertainty in major global economies, leading to increased investments in Indian real estate.

Hyundai Motor Company and its labor union have concluded their sixth consecutive year of wage negotiations without a strike.

Market experts stated on Saturday that as India enters "Amritkaal," the FPI community would play a significant role in placing it as the third largest economy in the world.

In June, the mutual fund industry witnessed a significant inflow, with 11 NFOs attracting a total of Rs 14,370 crore.