Prime Minister Narendra Modi is set to inaugurate the Vizhinjam International Deepwater Multipurpose Seaport on today. Located in Thiruvananthapuram, Kerala, the port is billed as India’s first dedicated transshipment facility and is expected to significantly reduce the country’s dependence on foreign ports, especially for container handling. Developed at an estimated cost of Rs 8,867 crore…
Stock market today (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday, the first trading day of the month. While Nifty50 rose over 100 points to cross 24,400, BSE Sensex was above 80,600. At 9:19 AM, Nifty50 was trading at 24,424.00, up 90 points or 0.37%.BSE…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Eternal (Zomato) and KEI Industries are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for May 2, 2025:Index View: NIFTYIndian equity benchmarks during last week maintain a positive yet cautious bias,…
New Delhi: India and EU are working to reduce trade and non-trade barriers as part of the proposed FTA, commerce & industry minister Piyush Goyal said, while asserting that the two sides are working to conclude talks by the end of 2025. “As we advance in our negotiations, our focus is on enhancing market access…
MUMBAI: Eternal (formerly Zomato) saw its net profit drop 78% to Rs 39 crore in the March quarter from Rs 175 crore in the year-ago period on a consolidated basis as expenses shot up on the back of heavy investments in quick commerce business Blinkit. Revenue from operations increased to Rs 5,833 crore in Q4…
Mumbai: Indians are pledging more gold than ever. Outstanding bank loans against the precious metal more than doubled in the year to March 2025, rising 103% from just over Rs 1 lakh crore to nearly Rs 2.1 lakh crore, RBI data showed.The surge madegold loans the fastest-growing segment, even as overall bank credit growth slowed…
New Delhi: GST collections grew by 12.6% – the fastest pace of expansion in 17 months – to reach a record Rs 2,36,716 crore in April, buoyed by an over 20% jump in mop-up from imports.Collections from domestic sources were 10.7% higher at a little under Rs 1.9 lakh crore, while gross import revenue rose…
MUMBAI: Digital payment volumes in India dipped in April even as the momentum remained steady. UPI processed 1,789 crore transactions during the month, down from 1,830 crore in March. The dip comes as the system contended with brief service outages. Despite these disruptions, average daily volumes hit a record 59.6 crore, up from 59 crore…
DreamFolks, a travel and lifestyle experience company, has announced the appointment of Shekhar Sood as its new Chief Financial Officer, effective April 30, 2025. “With nearly two decades of global experience across listed entities, multinationals, and high-growth private companies, Shekhar brings a proven track record of delivering strategic outcomes and building financial resilience. As CFO,…
As uncertainty looms over corporate earnings this season, as businesses of all sizes continue to struggle with a volatile global trade environment disrupted by recent changes in US policy. With around half of the S&P 500 companies having reported their latest quarterly results, attention has turned from performance figures to survival strategies, particularly around tariffs…
