The domestic passenger vehicle industry volumes declined by low single digit in August 2024 as compared with August 2023, Kotak Institutional Equities says it is because of weak retail demand trends and higher inventory levels at the dealerships.
The net foreign investment in August in the Indian equity market declined to Rs 7,320 crore, marking the lowest monthly investment in the past three months.
Liquidity in the Indian banking system has seen a significant decline this month says a research report by the Union Bank of India. It says the banking liquidity has fallen to Rs 0.95 lakh crore as on 28th August from a peak of Rs 2.86 lakh crore.
The tournament is set to take place from October 3 to 20 this year. The International Cricket Council (ICC) is expected to make decision on alternative venue for the tournament, with the UAE being considered as a favourite. The Board of Control for Cricket in India (BCCI) recently declined a
The BSE Sensex ended 56.98 points lower, settling at 79,648.92, while the NSE Nifty declined by 20.50 points to close at 24,347.00. Among the Nifty companies, 19 saw advances while 30 recorded declines.
The Supreme Court on Monday declined to interfere with Centre's decision to cancel the UGC-NET 2024 exam due to alleged paper leaks, saying it would add to "uncertainty" and "utter chaos."
The Supreme Court on Tuesday declined the plea filed by Sameer Kulkarni, one of the accused in the 2008 Malegaon bomb blast case, challenging the sanction taken to prosecute him under the Unlawful Activities (Prevention) Act was not proper.
The Consumer Price Index for industrial workers surged marginally in June by 1.5 points to 141.4 however, the consumer price inflation for industrial workers declined marginally to 3.67 per cent in June from 3.86 per cent in May 2024.
The Sensex plunged by 2,222.55 points, closing at 78,759.40, while the Nifty fell by 662.10 points, ending the day at 24,055.60. Among the Nifty companies, only 5 advanced while 45 declined, underscoring the market's bearish sentiment.
Commodity-wise, paddy, pulses, oilseeds, millets, and sugarcane sowing have been higher year-on-year. Sowing for cotton and jute/mesta has, on the other side, declined.