New Delhi, March 30 (IANS) India’s industrial production clocked a 4.1 per cent growth in March this year compared to the same month of the previous year, propelled by the manufacturing and mining sectors, according to data released by the Ministry of Statistics on Tuesday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a 4.3 per cent growth during March compared to the same month of the previous year. The sector plays a ke…
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Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach 77,845 and Nifty dipped 179 points, or 0.74 per cent, to reach 24,198.Main broad-cap indices showed divergence with the benchmark indices, as the Nifty Midcap 100 dipped 0.34 per cent, and the Nifty Smallcap 100 lost 0.16 per cent.All sectoral indi…
Mumbai, April 17 (IANS) The recent correction in the stock market amid geopolitical tensions has pushed the valuations of top Nifty stocks to the 17th percentile, despite significant FII selling of $12.7 billion, highlighting resilience in large-cap stocks and potential buying opportunities, a report has said.A report by DSP Mutual Fund noted that despite $12.7 billion worth of FII selling in March 2026, the largest 10 stocks in the Nifty have shown remarkable resilience, with no significant dis…
New Delhi, March 30 (IANS) India’s industrial growth, based on the Index of Industrial Production (IIP), accelerated to 5.2 per cent in February this year, up from 4.8 per cent in January, propelled by a strong growth in the manufacturing sector, according to data released by the Ministry of Statistics on Monday.The manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), posted a robust 6 per cent growth during February compared to the same…
Mumbai, March 10 (IANS) The Indian equity markets made notable gains in the early trade on Tuesday after US President Donald Trump indicated that war with Iran may be approaching an end.As of 9.29 am, Sensex added 413 points, or 0.53 per cent, to reach 77,979 and Nifty gained 112 points, or 0.47 per cent to reach 24,140.Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 gained 1.05 per cent, and the Nifty Smallcap 100 added 1.32 per cent.All sectoral ind…
Mumbai, March 3 (IANS) The Bombay Stock Exchange and the National Stock Exchange will remain closed on Tuesday on account of the Holi festival.Trading in equities, equity derivatives, securities lending and borrowing and interest rate derivatives will be suspended for the day, exchanges said on Tuesday. Commodity derivatives will be closed in the morning and open for the evening session.On Monday, Sensex lost 1,048 points, or 1.29 per cent, to reach 80,238 and Nifty dropped 312 points, or 1.24 p…
New Delhi, March 2 (IANS) The Index of Industrial Production (IIP) recorded a 4.8 per cent year-on-year growth in January, supported by 4.8 per cent growth in manufacturing sector and 5.1 per cent growth in electricity sector, the Ministry of Statistics and Programme Implementation said on Monday.The Quick Estimates of IIP stands at 169.4 against 161.6 in January 2025. The Indices of Industrial Production for the mining, manufacturing and electricity sectors for the month of January 2026 stood a…
Mumbai, Feb 27 (IANS) Gen X (people born between 1965 and 1980) are expected to consume over $500 billion worth of goods and services by FY30, making the cohort “a disproportionately valuable driver of durable premium growth,” a report said on Friday.The report from market research firm RedSeer said the consumption growth will be supported by a steady rise in per-capita consumption.Preventive healthcare spending by Gen X is projected to scale to $73 billion by FY30 at a 17 per cent compound annu…
New Delhi, Feb 24 (IANS) India’s retail lending portfolio grew to Rs 162.7 lakh crore in Q3 FY26, up 18.1 per cent year‑on‑year, with 690 million active loan accounts and improved asset quality, a report said on Tuesday.The report from Credit bureau CRIF High Mark said Portfolio at Risk (PAR) with repayments overdue by 31 to 180 days declined to 3.1 per cent from 3.6 per cent a year earlier. Quarterly originations rose 41 per cent YoY to Rs 25.3 lakh crore, the report said.Gold loan origin…
New Delhi, Feb 23 (IANS) India Inc.’s earnings momentum remained resilient in Q3 FY26, with small‑cap companies posting the strongest growth, a report said on Monday.The report from Equirus Securities said small caps delivered a robust 22 per cent year‑on‑year earnings surge, outpacing mid‑caps at 15 per cent and large caps at 14 per cent, signalling a broadening of the corporate earnings recovery.Revenue grew 10 per cent YoY, while EBITDA and PAT rose 14 per cent and 15 per cent respe…