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Sensex and Nifty Open Flat After Record Highs New Delhi, India – A day after setting new records, the benchmark Sensex and Nifty indices opened flat on Wednesday but continued to trade near their all-time highs. The Nifty opened at 23,723.10, down by 10.60 points or 0.04%, while the Sensex opened at 78,094.02. Sectoral Performance…
Finance Ministry Pushes Banks to Boost Financial Inclusion in India The Finance Ministry of India, led by Dr. Vivek Joshi, has called on Public Sector Banks (PSBs) to enhance their efforts in promoting financial inclusion. During a meeting held in New Delhi, various initiatives such as CKYC, the Jan Samarth portal, and Aadhar seeding were…
Finance Minister Meets Experts to Discuss Jobs and Skills for 2024-25 Budget The Union Minister of Finance and Corporate Affairs chaired a meeting in New Delhi with experts from the employment and skill development sectors to gather suggestions for the upcoming 2024-25 Union Budget. Key Attendees Leading figures such as Anshuman Magazine, Suchita Dutta, Sarvesh…
C-DAC and AICTE Team Up to Boost Supercomputing Education in India The Centre for Development of Advanced Computing (C-DAC) and the All India Council for Technical Education (AICTE) signed a Memorandum of Agreement (MoA) in New Delhi to enhance human resource development in High-Performance Computing (HPC) and related areas. Key Activities The agreement includes: Master…
India’s Financial Health Improves in 2023-24: RBI Report India’s financial position with the rest of the world improved over the year 2023-24. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets, according to data from the Reserve Bank of India (RBI). During the…
Shaktikanta Das Highlights India’s Growth and Achievements at Bombay Chamber AGM Mumbai (Maharashtra) [India], June 25: India is on the verge of a major growth shift, according to Shaktikanta Das, Governor of the Reserve Bank of India. Speaking at the 188th Annual General Meeting of the Bombay Chamber of Commerce & Industry, Das highlighted that…
Arunish Chawla Highlights Rapid Growth in Indian Pharma and MedTech Industries The Indian pharmaceutical industry, often called the ‘pharmacy of the world,’ is a key contributor to the nation’s economic growth. The sector is now rapidly advancing in MedTech and biosimilars technology, moving away from generic drugs. Arunish Chawla, Secretary of the Department of Pharmaceuticals,…
Private Defence Companies in India to Grow by 20% in 2024-25: CRISIL Ratings Private defence companies in India are expected to see a 20% revenue growth in the financial year 2024-25, reaching approximately Rs 13,500 crore. This growth is driven by increased government spending and efforts to boost private sector participation. The operating margins of…
India’s Energy Future: Coal, Oil, and Renewables – Insights from S&P Global India’s energy landscape is set to remain heavily reliant on coal, even as the country explores opportunities in oil, LNG, and renewable energy. According to S&P Global Commodity Insights, India’s strategic priorities in energy security, affordability, and sustainability are shaping its dynamic energy…
Sensex and Nifty Reach New Highs, Banking Stocks Lead the Way On June 25, the stock indices in India closed in green. The Sensex ended the day at 78,053.52, up by 712.44 points or 0.92%, while the Nifty closed at 23,721.30, up by 183.45 points or 0.78%, both touching new lifetime highs. During the trading…