Top India NEWS. Stock Market NEWS Updated Daily
Top India NEWS. Stock Market NEWS Updated Daily
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Top India NEWS. Stock Market NEWS Updated Daily
Budget 2024 aims to foster economic stability and growth: Neelkanth Mishra
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the second big message through the budget speech because as the first speech it gives a signal on what the government's priorities will be over the next five years and those again lay the roadmap for simpler taxes, simpler duties, focus on urbanisation,
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Tech Mahindra Q1 Results Preview: Revenue may fall 2% YoY on seasonal impact; deal wins to be muted
Tech mahindra's q1 fy24 revenue growth faced seasonal decline in comviva business but saw a 24% net profit jump. deal wins remained muted amid macro uncertainty, with tcv at 0 million. key sectors to watch include banking and telecom, alongside margin i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Budget sector analysis and stocks ideas by Axis Securities
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Bajaj Finance shares fall by over 2% as Q1 results fail to impress. Should you invest?
Bajaj finance reports a 14% yoy increase in net profit but falls short of street estimates. brokerages have mixed views on the first quarter results, with concerns over credit costs and growth prospects.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Thyrocare Technologies shares soar nearly 17% as Q1 results impress D-Street
Thyrocare’s pathology and radiology segments’ revenues grew 16% and 15% yoy, respectively. meanwhile the revenue from partnerships surged 29% yoy and franchise revenue saw an increase of 11% yoy.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Nestle India Q1 Results Preview: PAT may grow 13% YoY; margins to expand on deflation in prices
Nestle india sustained its growth in q1 2024, with revenue rising by 9% and profit after tax increasing by 13% year-on-year. the company benefited from deflation in palm oil and milk prices, improving ebitda margins. analysts highlighted urban and rural de
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Godrej Consumer declines 3.32% as Sensex slides
The stock traded at a p/e multiple of -267.76, while the price-to-book value ratio stood at 10.16.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Marico shares down 2.0% as Nifty drops
A total of 43,398 shares changed hands on the counter till 02:06pm (ist).
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Tax tension drags Sensex down 600 points but retail investors keep partying. Should you tweak strategy?
Despite a drag from banks and other financial stocks on sensex and nifty due to a capital gains tax hike in the budget, smallcaps and midcaps continued rallying unaffected by the finance bill changes. sensex plummeted around 500 points, led by hdfc bank, i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Mphasis stock price down 3.16 per cent as Sensex slides
As of 30-jun-2024, promoters held 0.0 per cent stake in the company, while fiis held 18.32 per cent and domestic institutional investors had 22.75 per cent.
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Cryptocurrency price on July 24: Bitcoin falls below ,000; Avalanche, Dogecoin drop up to 4%
Cryptocurrency markets saw a decline with bitcoin, ethereum, solana, and dogecoin leading the drop. mt. gox creditors received billion in btc. bitcoin and ethereum faced volatility. altcoins like solana and dogecoin declined while bnb and xrp surged. ma
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Colgate-Palmolive shares decline 0.93% as Sensex slides
A total of 4,170 shares changed hands on the counter till 01:55pm (ist)
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Market leadership will revert to banks & IT; days of capex, defence stocks over: Samir Arora
For two-three years, helios was zero in it and bought some of these infra type railway and defence stocks . all those are relatively over now, says samir arora. even a very good budget with very good tax or no change in tax or whatever could have kept rai
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Nissan-Renault firms up plans to launch half a dozen SUVs in India
First off the block, will be suv x-trail, which will be imported as a completely built units (cbu). two more mid-size suvs - a five-seater and a seven-seater - will follow soon after to take on the likes of hyundai creta, maruti suzuki grand vitara and toy
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
India's construction sector is booming, but construction and demolition waste management is weak
While this infra surge is good for the economy, it will generate enormous amounts of construction and demolition waste (cdw) and increase the demand for virgin building materials that require mining.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Best affordable cars for small Indian families
Alto 800, tata tiago, maruti wagon r and more cars in a budget for small indian families
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
TARC appoints Arabian Construction Company for construction of two residential complex in Delhi and Gurgaon
Tarc ltd appointed arabian construction company as the main contractor for its luxury residential projects, tarc kailasa in central west delhi and tarc 63a in gurugram. arabian construction company has a 50-year track record of delivering high-quality, sus
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Hyundai ties up with Charge Zone for high-speed EV chargers
The strategic partnership aims to aid the expansion of public ev charging infrastructure in the country, hyundai motor india said in a statement. these public ev charging stations will also provide convenience to all ev users for intercity and intracity tr
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Mobile, component makers cumulatively invest Rs 8,282 crore under PLI scheme till June
Minister of state for electronics and it jitin prasada in a written reply to lok sabha said that a total of 32 companies were approved with committed investment of rs 11,324 crore and a projected production target of rs 10.7 lakh crore under the pli (produ
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
India raises US oil imports in June, cuts Russia, data shows
India is the world's third-biggest oil importer and consumer, importing more than 80% of its oil needs. indian refiners had placed orders in may for most of the june-arrival oil barrels.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Prime Video launches new streaming features to enhance user experience
Prime video has introduced generative ai-powered personalized recommendations to enhance user experience globally. launched on july 23, these updates will become available to all customers over the coming weeks. the aim is to help viewers discover new titl
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Nissan looks to rev up India operations; lines up product launches over next 30 months
The company, which is selling just one model in the country currently, is planning to drive in two mid-size suv models (one five-seater and one seven-seater), one electric suv and a refreshed version of its compact suv magnite.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Hi-Tech Pipes aims 13.5 MW solar capacity for captive usage by December 2024
Hi-tech pipes aims to have 13.5 mw of renewable energy capacity for captive usage by december 2024, with an installed solar power capacity of 8.5 mw and plans to install another 5 mw gradually. the company's green power sourcing will contribute around 30%
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Galaxy Z Fold6 is redefining day-to-day productivity: Order now to maximise your efficiency
The samsung galaxy fold6, equipped with galaxy ai, offered advanced multitasking features like multi-window, circle to search, and real-time translation, making it a versatile tool for busy individuals. its pocketable design, robust performance, and high d
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
JioCinema partners ShareChat to provide short-form content for Olympics 2024
Sharechat and jiocinema have joined forces to provide exclusive short-form multilingual content centered around the paris olympics 2024 from july 26 to august 11. celebrating the olympic spirit, the partnership aims to deliver the best moments in regional
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Vande Bharat or Aam Aadmi Rail? How world's largest transporter has changed over a decade
India's 2024-25 budget, presented by finance minister nirmala sitharaman, includes a record capital expenditure of rs 2,62,200 crore for indian railways. while major new announcements were sparse, the budget focuses on enhancing infrastructure, safety, and
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
India's video entertainment ecosystem to touch billion revenue by 2028: MPA
The video entertainment economy is projected to grow 8% annually on average, reaching billion by 2028, according to a media partners asia report. this growth is driven primarily by streaming video on demand (vod), which is expected to account for half
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Indexation benefit removal in real estate will deter sellers in the secondary market
The real estate sector warned that removing indexation benefits for long-term capital gains would hinder its growth, affecting property owners and potentially increasing taxes. authorities disagreed, citing high real estate returns, but experts believed lo
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Union Budget 2024: No inflation offset hurdle for real estate investors
Finance minister nirmala sitharaman's budget proposal eliminates indexation benefits for calculating long-term capital gains tax (ltcg) on real estate but lowers the ltcg rate to 12.5% from 20%. properties bought before april 1, 2001, remain exempt from th
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
New tax proposal without indexation for real estate is beneficial in most cases: I-T Department
The budget 2024-25 has proposed a flat capital gain tax of 12.5 per cent on capital appreciation on selling property instead of a 20 per cent tax on capital appreciation with indexation benefits.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Cigarettes won't burn a bigger hole in smoker's pocket this year as Budget leaves prices unchanged
This year's union budget was presented on july 23 by finance minister nirmala sitharaman. no increase was made to the national calamity contingent duty (nccd) on cigarettes, which has been a key area for potential adjustment in tobacco taxation in the past
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Apple iPhones, Google Pixels to get cheaper, thanks to Sitharaman's budget
Budget: the government has announced a reduction in the basic customs duty on mobile phones and key parts from 20 percent to 15 percent. this move aims to benefit consumers and bolster india's position as a smartphone manufacturing hub. finance minister ni
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Sony Pictures Networks India CFO, General Counsel to retire on August 31
Spni had recently appointed gaurav banerjee as the new managing director and chief executive officer (ceo), effective on or before august 26, 2024, pending regulatory approvals.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Adani Green operationalizes first 250 MW wind capacity at Khavda
Adgreen energy limited (agel) has activated the first 250 mw wind capacity at the world's largest 30,000 mw renewable energy plant in khavda, gujarat. this development increases the operational capacity at the khavda plant to 2,250 mw, solidifying agel's l
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
LVB-DBS merger: SC stays Madras HC order asking RBI to conduct fresh valuations of assets and shares of banks
The supreme court stayed a madras high court order directing the reserve bank of india to conduct a fresh valuation of lakshmi vilas bank (lvb) and dbs bank india (dbil) in their 2020 merger. the high court's order included reconsideration of tier-2 bond w
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
BMW launches 5 Series luxury sedan, two new Mini Coopers, and its first scooter for Indian markets. Check features and prices
Bmw 5 series 2024: the four vehicles bmw launched include the brand-new 8th generation of the 5 series luxury sedan which took up prime attention. along with that, the mini cooper s hatchback and the mini countryman electric cars were launched. for the fir
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Budget: Modi govt goes vocal for local education, brings good news for students choosing India over others
Announced allocations include substantial increases in some areas, such as an uplift for the pm poshan scheme, along with government support for student loans up to rs 10 lakh for higher education in domestic institutions. meanwhile, some other segments fa
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
HDFC bank raises FD rates for 35 and 55 months
Hdfc bank raises fixed deposit rates for 35 and 55 month tenures, offering 7.35% and 7.4% interest respectively. senior citizens will receive 7.85% and 7.9% rates. ceo expresses dissatisfaction with q1 deposit figures, focusing on deposit growth amid faste
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
United Spirits invests in non-alcoholic and coffee-based alcohol companies to fuel new growth
The company will acquire 15% in v9 beverages that markets and sells india’s first distilled non-alcoholic spirit brand sober gin, sober rum and sober whiskey while it has agreed to purchase 25% in indie brews and spirits, the maker of quaffine, india’s
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Reliance gets US approval to resume crude imports from Venezuela
Reliance industries ltd. has received us approval to import oil from venezuela despite sanctions, with plans to start soon. reliance previously accounted for 90% of india's venezuelan crude imports. the us lifted and then reinstated sanctions; oil companie
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Budget 2024: Festivals and weddings to shine brighter with cheaper gold, silver, platinum and diamonds
Union budget: finance minister nirmala sitharaman announced custom duty cuts on gold, silver, diamond, and platinum in the union budget 2024, making these precious metals cheaper. the total import duty on gold and silver has been reduced from 15 per cent t
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Budget 2024: FMCG companies, retailers hope for improved sales
Proposed tax relief measures for the middle class are expected to increase disposable income and boost discretionary spending, benefiting retailers and fmcg companies. emphasis on rural economy and job creation will drive consumption, particularly in non-m
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Budget 2024: Cancer patients get relief but senior citizens missed the attention
The union budget 2024, while significantly increasing health sector funding to ₹90,959 crore, failed to address the bjp’s poll promise of including senior citizens above 70 in ayushman bharat-pmjay. the budget features customs duty exemptions for three
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
Govt mulls dropping quality tests for cough syrups from developed market-approved plants
The proposal, which follows a representation from a stakeholder, suggests that testing at the prescribed laboratory may be waived for cough syrups being exported to the us, uk, canada, eu, japan, australia, singapore, republic of korea and switzerland.
Tag: Industry India Source: indiatimes.com Dated: 2024-07-24
How your mutual fund SIPs would be taxed under the new income tax structure
The tax on short term capital gains and long term capital gains on equity mutual funds have increased after the announcement made in the budget by the finance minister nirmala sitharaman.
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-07-24
Gold funds, international funds, FoF to benefit from Budget: Radhika Gupta of Edelweiss Mutual Fund
Mutual fund taxation undergoes significant changes post-budget. long-term investors in gold, international, and fund of funds can benefit. new tax rates for equity funds introduced. debt funds taxed at marginal income rates, no long-term concept. ceo expla
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-07-24
Union Budget 2024: How has tax structure for mutual funds changed?
Finance minister nirmala sitharaman announced effective tax adjustments from july 23, 2024: short-term gains at 20%, long-term at 12.5%. impacted assets include mutual funds and fofs. tds on mutual fund repurchase removed, affecting stocks like hdfc, nippo
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-07-24
Best corporate bond mutual funds to invest in July 2024
These schemes invest at least 80% of their corpus in the papers of the highest-rated companies. this makes them relatively safer than other debt schemes such as credit risk funds. they are also safer than gilt funds and long term debt funds that are highly
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-07-24
Indexation change puts shine on FoFs, gold and international funds
Recent budget changes eliminate indexation for mutual funds with 35-65% equity, affecting capital gains via cost of inflation index, pushing funds towards 65% equity. gold mutual funds, etfs receive clearer tax rules versus marginal rate sovereign bonds. f
Tag: Mutual Fund India Source: indiatimes.com Dated: 2024-07-24
Stocks to Watch, July 24: HUL, Bajaj Fin, L&T, Dr Reddy's, Vedanta, Axis Bk
Stocks to watch today, wednesday, july 24, 2024: hul reported a 2.2 per cent y-o-y rise in consolidated net profit at rs 2,610 crore for q1fy25, in line with market expectations
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 70,850
The price of 22-carat gold also slipped rs 10, with the yellow metal trading at rs 64,940
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Stock Market LIVE: Gift Nifty suggests subdued start for Sensex, Nifty; US markets end in red
Stock market live updates, july 24: the benchmarks sensex, nifty may see a negative to flat start on wednesday as the post budget surprises settle in among the investors
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Market outlook July 24: GIFT Nifty hints tepid start post Budget volatility
All you need to know before the market opens today: q1 results, post budget reactions to guide trading sentiment for the sensex and nifty as global markets seem directionless. 2 new listings today.
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Should investors sell Nifty Auto, Energy on rise? Here's what charts reveal
The nifty auto index is currently exhibiting a range-bound trend on the charts, confined within the levels of 25,460 and 24,560
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Vinay Rajani of HDFC Securities suggests buying these stocks on July 24
From the low, nifty recovered 470 points towards 24544 and ended the session at 24479.
Tag: Business Markets India Source: business-standard.com Dated: 2024-07-24
Delhi officials reject Pernod liquor licence appeal, cite investigations
The rejection adds to pernod's india woes, with the french drinks group facing two antitrust cases in india while it also contests a tax demand for nearly 0 million
Tag: Company India Source: business-standard.com Dated: 2024-07-24
Bhutan king visits Adani's project sites, commends Mundra, Khavda
A high-level delegation from bhutan led by its king and the prime minister on tuesday visited adani group's flagship infrastructure project sites at mundra and khavda as part of their two-day visit to gujarat. "immensely grateful to his majesty king jigme
Tag: Company India Source: business-standard.com Dated: 2024-07-24
Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares slide
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Budget well-balanced; to focus on inclusive growth in economy: Dinesh Kumar Khara
Dinesh kumar khara emphasized the budget's focus on employment, skilling, msmes, and youth, essential for inclusive growth. initiatives include agriculture productivity, pmay in urban development, nuclear plants for green energy, kccs for rural credit, imp
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
Should market be worried about frothiness in some PSU stocks? Hiren Ved answers
if you add 15,000 crores that has been given to andhra plus another 26,000 crores that has been allocated to bihar, which are also in turn for infrastructure projects. there is ultra mega power plant in ap. there are irrigation facilities to be set up i
Tag: Share Markets India Source: indiatimes.com Dated: 2024-07-24
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