Mumbai, Feb 5 (IANS) The Indian equity markets posted moderate losses in early trade on Thursday, tracking poor global cues and weakness in metal stocks.As of 9.23 am, Sensex lost 254 points, or 0.30 per cent, to reach 83,563, and Nifty eased 85 points, or 0.33 per cent to settle at 25,690.Main broad-cap indices posted moderate losses, as the Nifty Midcap 100 eased 0.04 per cent, and the Nifty Smallcap 100 edged down 0.31 per cent.Major sectoral indices traded mixed, with IT insulated from globa…
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Dhaka, Feb 4 (IANS) As Bangladesh heads to elections next week, Bangladesh Nationalist Party (BNP) Chairman Tarique Rahman, in an exclusive interview with a leading current affairs magazine, accused the Muhammad Yunus-led interim government of failing to restore law and order. Citing experts’ opinion, he warned that failure to address the law and order situation could push the country towards long-term instability.In an interview with The Diplomat, Rahman said, “After August 5, the interim gover…
New Delhi, Feb 2 (IANS) India’s white-collar hiring began 2026 on a steady footing, with a 3 per cent rise (year-on-year) in January, driven by non-IT sectors and fresher hiring, a report showed on Monday.Non-IT sectors were the primary drivers of this growth, with BPO/ITES surging more than 21 per cent, hospitality/travel climbing over 15 per cent, insurance advancing more than 7 per cent, and healthcare gaining more than 5 per cent, as per the Naukri JobSpeak Index.Banking and financial servic…
New Delhi, Feb 1 (IANS) Union Finance Minister Nirmala Sitharaman’s economic roadmap for 2026-27 complements Prime Minister Narendra Modi’s vision of “Viksit Bharat” and has emerged as a guiding light for building a grand future for India, said Union Minister for Food, Public Distribution and Consumer Affairs Pralhad Joshi. He said that this is a growth-centric budget with a focus on strengthening production capacity across seven key sectors. In particular, an allocation of Rs 10,000 cro…
Mumbai, Feb 1 (IANS) Indian stock markets witnessed a sharp fall on Budget Day as investors reacted negatively to the government’s decision to raise the Securities Transaction Tax (STT) on futures and options trading.The benchmark indices Sensex and Nifty recorded their biggest Budget-day decline in six years, with both ending around 2 per cent lower in a special trading session held on February 1.By the end of the session, the Sensex closed at 80,723, while the Nifty settled at 24,825, losing…
New Delhi, Feb 1 (IANS) The Union Budget 2026–27 presented by Finance Minister Nirmala Sitharaman marks a decisive step in reshaping India’s tax and trade landscape. With reforms spanning customs, indirect taxation, direct tax rationalisation, and incentives for cooperatives and the IT sector, the proposals aim to simplify compliance, reduce burdens, and strengthen competitiveness. Customs processes are being modernised through digitalisation and AI, while exporters and industries gain relie…
New Delhi, Jan 31 (IANS) More than 7.6 lakh Pakistanis left the country for work in 2025, a figure that highlights the growing economic stress and lack of job opportunities at home, according to the data by finance ministry’s Monthly Economic Update and Outlook for January 2026.The report showed weak performance in key areas such as exports, foreign direct investment (FDI) and overall growth.However, remittances stand out as the only strong contributor. Remittances rose to $19.7 billion in the…
Mumbai, Jan 31 (IANS) The Indian equity benchmarks gained around 1 per cent during the week, though the trading sessions were volatile but with a cautiously constructive tone amid mixed global cues and rising geopolitical tensions.Risk appetite weakened toward the end of the week ahead of the Union Budget 2026-27, with volatility resurfacing amid sustained FII outflows and rupee depreciation leading to losses in the last trading session.Nifty added 1.09 per cent during the week and dipped 0.39 p…
Mumbai, Jan 30 (IANS) The Indian equity markets posted losses on Friday, amid profit booking due to caution ahead of the Union Budget 2026 on February 1 and weakness in metal stocks.At the closing bell, Sensex lost 269 points, or 0.36 per cent, to settle at 82,269. Nifty declined 98 points, or 0.39 per cent, to close at 25,320.The broader markets showed divergence, with the benchmark indices as Nifty Midcap 100 index lost only 0.17 per cent, while the NSE Smallcap 100 added 0.32 per cent.On the …
Thiruvananthapuram, Jan 28 (IANS) Kerala’s economy posted strong and broad-based growth in 2024-25, with the Gross State Domestic Product (GSDP) in real terms expanding by 6.19 per cent to Rs 6.85 lakh crore, up from Rs 6.45 lakh crore in the previous year, according to the State’s Economic Review 2025, that was placed in the Assembly on Wednesday.It pointed out that growth was supported by steady expansion across primary, secondary and services sectors, alongside improved capital spending a…