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Indian Stock Market Soars with Help from Domestic Investors, Says NSE The Indian stock market has been on a bull run for the past month, supported by significant investments from domestic institutional investors (DIIs). According to the National Stock Exchange (NSE), DIIs made net purchases exceeding Rs 28,633 crore in June. In contrast, foreign institutional…
US Federal Reserve Discusses Inflation and Economic Outlook The U.S. Federal Reserve, in its latest meeting, noted that while there had been modest improvements, significant progress towards the 2% inflation target was still lacking. The Fed emphasized a data-dependent approach to monetary policy, with decisions based on economic changes rather than a fixed plan. The…
India’s Defence Ministry Boosts Tech with Rs 300 Crore for ‘Aatmanirbharta’ The Ministry of Defence in India has allocated over Rs 300 crore through its Technology Development Fund (TDF) to enhance capabilities in advanced technology and promote self-reliance in defence. The TDF, managed by DRDO under the ‘Make in India’ initiative, supports Indian industries, including…
Indian Markets Reach New Highs: Sensex and Nifty 50 Soar On Thursday, Indian markets hit a new historic high with both major indices achieving record points in the opening session. The Nifty 50 index opened at an unprecedented 24,369 points, while the BSE Sensex began the session at an all-time high of 80,321.79 points. This…
Karnataka Minister M.B. Patil Meets Korean Companies for Big Investments Bengaluru, Karnataka – The Karnataka government recently held discussions with major Korean companies to boost the state’s economy in gaming, FMCG, and automotive sectors. The meeting was led by M.B. Patil, Minister for Large and Medium Industries and Infrastructure Development, and included companies like YG-1,…
India’s Coal Production Soars in 2024: Ministry of Coal Reports Big Gains The Ministry of Coal in India has announced a significant rise in coal production and dispatch during the first quarter of the financial year 2024-25. According to official figures released on July 3, coal production increased by 35% year-on-year, from 29.26 million tonnes…
India’s Wheat Procurement Reaches 266 Lakh Metric Tonnes, Benefiting Over 22 Lakh Farmers The Food Corporation of India (FCI) has procured 266 lakh metric tonnes (LMT) of wheat during the Rabi Marketing Season (RMS) 2024-25. This is an increase from last year’s 262 LMT. More than 22 lakh Indian farmers have benefited from this purchase,…
Seven Union Ministers Join Cabinet Committees in New Delhi On Wednesday, seven Union ministers from the National Democratic Alliance (NDA) were included in various cabinet committees. This marks the highest representation of BJP’s allies since 2014. The ministers are: HD Kumaraswamy (JDS) Rajiv Ranjan Singh (JDU) Kinjarapu Rammohan Naidu (TDP) Jitan Ram Manjhi (HAM) Chirag…
US Warns Kenya’s Debt Crisis Hurts Education and Healthcare The United States has expressed concerns about Kenya’s increasing debt, which is impacting its ability to provide essential services like education and healthcare. According to a report by the Office of the United States Trade Representative, Kenya’s debt has reached $80 billion, or 68% of its…
Gujarat Tourism Soars Under Chief Minister Bhupendra Patel Gujarat Tourism is creating a buzz and witnessing a consistent surge in popularity among both domestic and international visitors. Under Chief Minister Bhupendra Patel, the addition of new tourism infrastructure has elevated Gujarat’s tourism sector to a new height. Between April 1 and June 10, 2024, the…