Sensex hits 63,000 mark for first time; Nifty ends at fresh lifetime

Benchmark BSE Sensex settled above the 63,000-level for the first time on Wednesday, extending its winning momentum to seventh day amid a largely positive trend in global markets and continuous foreign fund inflows. The 30-share barometer rallied 417.81 points or 0.67 per cent to settle at 63,099.65, its fresh record…

Stock market rally continues for 4th day in a row, benchmark indices record all-time highs

 Equity benchmarks settled at record highs on Friday, rallying for the fourth day running, helped by intense buying in index majors Reliance Industries, Wipro and Maruti. In a largely range-bound trade, the 30-share BSE Sensex climbed 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing…

Air India mandates UK-based firm to sell its four Boeing 747-400 jumbo aircraft

Tata Group-owned Air India has mandated UK-based remarketing firm Skytech-AIC for the sale of its four Boeing 747-400 jumbo planes. These aircraft were deregistered by the Directorate General of Civil Aviation earlier this year. In a statement on November 21, Skytech-AIC said it has been appointed by Air India to…

Mother Dairy hikes full-cream, token milk prices in Delhi-NCR | Check out new rates here

Mother Dairy has decided to hike the prices of full-cream milk by Re 1 per litre and token milk by Rs 2 per litre in the Delhi-NCR with effect from Monday. This is the fourth round of hike in milk prices this year by Mother Dairy, one of the leading milk suppliers in the Delhi-NCR region. Mother Dairy has increased the…

Integrity, ethics a must for growth of market research industry: Piyush Goyal

Union Minister for Commerce and Industry Piyush Goyal on Thursday called for “more integrity” in market research and asked the survey and market research industry to follow the code of ethics to ensure the industry grows manifold. He also asked the industry to come up with studies which will help the government…

Sensex, Nifty decline amid weak global equities

 Equity benchmark indices ended lower on Thursday in line with weak global market trends. The 30-share BSE Sensex declined 230.12 points or 0.37 per cent to settle at 61,750.60. During the day, it fell 337.45 points or 0.54 per cent to 61,643.27. The broader NSE Nifty dipped 65.75 points or 0.36 per cent to end at…

India’s Tata to open 20 ‘beauty tech’ outlets, in talks with foreign brands

India’s Tata Group is planning to open at least 20 “beauty tech” stores where it will use virtual makeup kiosks and digital skin tests to get young, affluent shoppers to buy premium cosmetic products, according to a company document and a person familiar with its strategy. The move pits Tata, whose…

Shortage of Amul butter in Delhi, UP, among other states?

There appears to be a shortage of Amul butter in the market in various parts, including Delhi, Ahmedabad and Punjab with customers pointing it out on Twitter. The butter is apparently also not available on grocery apps as well. The shortage is also leading to fake Amul butter doing the rounds in the market. The…

What is digital rupee and how will it help bolster India’s economy

In a landmark moment, the Reserve Bank of India (RBI) rolled out India’s first digital rupee pilot project for the wholesale segment on November 1. It will launch a similar trial on the retail side soon. The digital rupee (e₹) is also known as Central Bank Digital Currency (CBDC). It is a digital form of…