Bharat Express

Business

Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment is unlikely to lead to any major consequences

After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements and ACC Ltd, rebounded strongly on Friday.

A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend. Blue-chip banking stocks like SBI, ICICI Bank, and IndusInd Bank led the gains, contributing significantly to the benchmark indices' rise

The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions between Russia and Ukraine.

At the close of trading, the Sensex dropped by 422 points, or 0.54%, to 77,155, and the Nifty fell 168 points, or 0.72%, to 23,349. The market saw 1,235 stocks close higher, while 2,735 stocks ended lower. Only 95 stocks remained unchanged

Retail inflation hit a 14-month high in October, driven by rising prices of edible oils, onions, and tomatoes. Despite this, Seth reaffirmed the government’s growth projection of 6.5%-7% for FY25, with no downside risks expected

As per CII, initiatives like 'Make in India' and PLI are playing a key role in attracting foreign investors to set up operations in India.

Credit rating agency ICRA has revised its growth outlook for two-wheeler wholesale volumes to 11-14% in FY25, driven by steady replacement demand and improved rural incomes after healthy monsoon precipitation

Booking Holdings, the parent company of major online travel platforms like Booking.com and Agoda, has identified India as one of its top five priority markets.

In recent months, the mutual fund (MF) industry has witnessed a significant rise in investors from rural and semi-urban regions of India.