Business
Stock market opens flat
The BSE Sensex edged up by 121.16 points, opening at 78,179.31, while the NSE Nifty gained 34.70 points, beginning the session at 23,638.05.
RBI likely to cut repo rate by 25 bps
PSBs records highest-ever net profit of Rs 1.29 lakh crore
AGFL completes acquisition of Del Monte India
Indian start-ups will showcase their innovations in IEW
Union Budget is non-inflationary, says Finance Secretary
India accelerates clean energy transition
More News
EPFO achieves milestone of settling over 5 crore claims
In the financial year 2024-25, EPFO has processed over 5.08 crore claims amounting to Rs 2,05,932.49 crore, surpassing the 4.45 crore claims worth Rs 1,82,838.28 crore settled in the previous financial year 2023-24.
Zomato rebrands as Eternal
Deepinder Goyal, CEO, Zomato has made this announcement on his official social media handle on X by posting the formal announcement letter.
Sensex, Nifty closed in red
Out of the Nifty 50 companies, 21 stocks advanced while 30 declined. Among the top gainers were Cipla, Adani Ports, ITC Hotels, Dr. Reddy's, and HDFC Life. On the other hand, Trent, BEL, Bharti Airtel, Titan, and ONGC emerged as the biggest losers, dragging the index lower.
RBI to look for additional measures other than rate cut
The Reserve Bank of India (RBI) will have to look for additional measures other than a rate cut to infuse enough liquidity in the banking system according to a report by Emkay Research.
SBI reports 84% jump in net profit for Q3FY25
The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew by 4.09 per cent YoY to Rs41,446 crore, while the Return on Assets (ROA) improved to 1.04 per cent, rising 42 basis points (bps) YoY. The bank's Net Interest Margin (NIM) for the domestic business stood at 3.15 per cent in Q3FY25.
Council for Leather Exports targets USD 47 bn by 2030
The Council for Leather Exports (CLE) has set a target of USD 47 billion by 2030, out of which USD 13.7 bn is for the export sector, according to Rajendra Kumar Jalan, Chairman, Council for Leather Exports
Jyotiraditya Scindia inaugurates North East Investment Roadshow
The event was attended by the Ministry of Development of North Eastern Region & Ministry of Communications, Jyotiraditya M Scindia, along with Pu Lalnghinglova Hmar, Minister of Sports & Youth Services, Government of Mizoram, senior officials from MDoNER, North Eastern Council and North Eastern States.
India’s debt to decline to 50-51% on nominal growth 10.5 %: SBI
If India maintains a nominal growth rate of 10.5 per cent its fiscal deficit is expected to reduce to 4 per cent of GDP in the next financial year (FY26), according to a report by SBI Funds.
Govt continues to push solar sector, budgetary allocation hiked
The government continues the push for the solar sector in the FY26 Budget, with a year-on-year (YoY) rise of over 60 per cent to Rs 242 billion (24,200 cr), according to a report by Jefferies.
More accommodative stance for NBFCs, banks needed in RBI
The upcoming monetary policy announcement by the Reserve Bank of India (RBI) is expected to provide clarity on crucial aspects that will shape the financial services sector, according to a report by HSBC.
Auto sales up 6.6 pc in January but dealers have mixed expect
The Indian automobile retail sector saw a strong start to 2025, with overall sales increasing by 6.6 per cent year-on-year (YoY) in January, according to the latest report by the Federation of Automobile Dealers Associations (FADA).
Indirect tax to rise by 8.3 pc, corporate tax by 10.4 pc
The government's indirect tax collection is expected to increase by 8.3 pc in the financial year 2025-26 (FY26), according to a report by ICICI Bank.
Nifty, Sensex open flat as investors in wait and watch mode
Indian stock markets opened on a positive note on Thursday, with investors maintaining a cautious stance ahead of the Reserve Bank of India's (RBI) interest rate decision.
RBI may cut Repo Rate by 25 bps on February 7: Bank of Baroda
The Reserve Bank of India (RBI) is expected to reduce the repo rate by 25 basis points (bps) in its upcoming monetary policy announcement on February 7, according to a report by Bank of Baroda.
Top Story
EPFO achieves milestone of settling over 5 crore claims
Zomato rebrands as Eternal
Sensex, Nifty closed in red
RBI to look for additional measures other than rate cut
SBI reports 84% jump in net profit for Q3FY25
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