Mumbai, March 10 (IANS) SEBI Chairman Tuhin Kanta Pandey has said that retail investors and domestic mutual funds together hold about 36 per cent of the free float market capitalisation of Nifty 50 companies.Addressing the 30th anniversary of the Nifty 50 index at the National Stock Exchange (NSE), Pandey said the index has evolved alongside India’s economy over three decades, with domestic participation surging rapidly.SEBI Chairman noted that India now has over 140 million unique investors, …
Latest Growth News & Updates
New Delhi, Feb 19 (IANS) Billionaire Mukesh Ambani announced on Thursday that Jio and Reliance Industries will together invest as much as Rs 10 lakh crore in artificial intelligence over the next seven years.”This is not a speculative investment. It is not for chasing valuation. This is patient, disciplined, nation-building capital — designed to create durable economic value and strategic resilience for decades to come,” the Reliance Industries Chairman remarked in his address at the AI I…
Mumbai, Feb 12 (IANS) The Indian equity markets opened lower early on Thursday weighed down by IT stocks.As of 9.25 am, Sensex lost 397 points, or 0.47 per cent, to reach 83,836, and Nifty lost 111 points, or 0.43 per cent, to settle at 25,842.Main broad-cap indices posted stronger losses than benchmark indices, as the Nifty Midcap 100 declined 0.76 per cent, and the Nifty Smallcap 100 dipped 0.88 per cent.All sectoral indices traded in the red except FMCG, private banks as well as oil and gas. …
Mumbai, Feb 6 (IANS) RBI Governor Sanjay Malhotra said on Friday that the government’s borrowing programme is on the lower side, which would enable it to raise the required resources at reasonable prices.Addressing the post-monetary policy press conference, the RBI Governor said there was a need to focus on the net borrowing figure rather than gross borrowings.“It may not be right to look at the gross borrowing number alone. There are much more redemptions in FY27 so gross borrowing is expec…
New Delhi, Jan 29 (IANS) The Economic Survey 2025-26 paints a clear and encouraging picture of India’s economic journey, describing it as a fast-moving “Reform Express” making steady progress even as the world faces uncertainty, Prime Minister Narendra Modi said on Thursday.Prime Minister Modi said that the Survey, tabled in the Parliament earlier in the day, reflects the strength of India’s economic foundations and the government’s continuous efforts to drive growth, innovation and inclus…
Mumbai, Jan 19 (IANS) Actress Soniya Bansal is not someone who believes in chasing timelines or comparing herself to others.She wants her journey to unfold organically, without rushing milestones, as for her, longevity, self-growth, and inner clarity matter more than ticking boxes.Soniya believes that growth has its own rhythm.The ‘Bigg Boss Season 17’ contestant said, “I’ve never believed that there is a fixed timeline for success. Every individual comes with a different story, different re…
Gandhinagar, Dec 31 (IANS) With an aim to ensure uniform economic development across all districts and further strengthen Gujarat’s contribution to the national economy, Chief Minister Bhupendra Patel has directed officials to work towards increasing district-wise GDP, thereby accelerating the overall growth rate of the state, spokesperson minister Jitu Vaghani said. Addressing a press conference after a cabinet meeting held in Gandhinagar, Vaghani said the Chief Minister emphasised that Gujar…
New Delhi, Dec 29 (IANS) With GDP valued at $4.18 trillion, India has surpassed Japan to become the world’s fourth-largest economy and is poised to displace Germany from the third rank in the next 2.5 to 3 years with projected GDP of $7.3 trillion by 2030, an official statement said on Monday.The growth momentum further surprised on the upside, with GDP expanding to a six-quarter high in Q2 of 2025-26, reflecting India’s resilience amid persistent global trade uncertainties.Domestic drivers-…