Mumbai, May 6 (IANS) The revival of Kolkata as a growth hub holds the key to reviving the eastern half of India which is “distinctively poorer” than the western half of the country, Member of the Economic Advisory Council (EAC) to the Prime Minister, Sanjeev Sanyal, said on Wednesday.During an event at the National Stock Exchange (NSE) here on the ‘The Relative Economic Performance of Bhartiya States,’ Sanyal told reporters that “The relative performance of the Indian states shows one or t…
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New Delhi, May 6 (IANS) Prime Minister Narendra Modi met Vietnamese President To Lam in Hyderabad House in New Delhi on Wednesday and held wide-ranging discussions across the spectrum of bilateral relations, along with regional and global issues of mutual interest. Earlier in the day, the Vietnamese President was accorded a ceremonial welcome at the forecourt of Rashtrapati Bhavan. President Droupadi Murmu and Prime Minister Narendra Modi warmly welcomed the Vietnamese President upon his arrival…
New Delhi, May 5 (IANS) National Security Advisor (NSA) Ajit Doval called on Vietnam’s President To Lam on Tuesday, holding discussions on strengthening comprehensive strategic partnership between the two nations. “NSA Shri Ajit Doval called-on General Secretary, President Mr. To Lam of Vietnam. They exchanged views on strengthening the multifaceted comprehensive strategic partnership between the two countries. Mr. To Lam looked forward to his meeting with Prime Minister Narendra Modi and the en…
New Delhi, May 5 (IANS) Vietnamese President To Lam on Tuesday arrived in New Delhi on a three-day State Visit to India. Union Minister of State for Home Affairs, Nityanand Rai welcomed the visiting leader at airport. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal stated that President To Lam’s visit to India will strengthen bilateral ties.”Chao mung, Excellency! General Secretary, President of Vietnam, Mr. To Lam, has arrived in New Delhi on his first State Visit to India. He w…
Mumbai, May 4 (IANS) Tata Chemicals Limited on Monday reported a sharp increase in its net loss for the fourth quarter of FY26, weighed down by a significant one-time cost during the period. The company posted a consolidated net loss of Rs 2,132 crore for the January–March quarter, compared to a loss of Rs 56 crore in the preceding quarter, according to a stock exchange filing.The firm incurred a one-time cost of Rs 1,837 crore during the quarter, substantially higher than Rs 55 crore reported…
Mumbai, April 27 (IANS) Jindal Saw Limited on Monday reported a sharp 52 per cent year-on-year decline in its financial performance for the fourth quarter (Q4) of FY26, with net profit falling to Rs 139.4 crore, compared to Rs 291 crore in the same period previous financial year (Q4 FY25).According to an exchange filing, the company’s revenue from operations also slipped 8 per cent to Rs 4,633.5 crore from Rs 5,046.6 crore a year ago, according to its stock exchange filing.Earnings before inte…
Mumbai, April 14 (IANS) Retail trading activity on the National Stock Exchange showed signs of cooling, with active client accounts on the NSE fell 7 per cent year-on-year (YoY) amid tighter regulations and volatile market conditions.Data showed the number of active investors on the exchange dropped to 4.57 crore in March 2026, down from 4.92 crore a year earlier — marking a drop of nearly 35 lakh accounts.The decline continued through much of the financial year, with several months witnessing …
Mumbai, April 4 (IANS) The National Stock Exchange (NSE) has revised the order-to-trade ratio (OTR) framework for the equity derivatives options segment, with the changes set to come into effect from April 6, in line with SEBI guidelines issued earlier this year.Under the revised criteria, orders placed within a range of (+/-)40 per cent of the last traded price (LTP) of the options premium or (+/-)Rs 20, whichever is higher, will be exempt from the framework for imposing penalties on high OTR.T…
New Delhi, March 30 (IANS) The National Stock Exchange (NSE) has initiated the process for its long-awaited initial public offering (IPO) by reaching out to existing shareholders to gauge their interest in participating through the offer for sale (OFS) route, according to sources.In a communication to investors, the exchange has invited expressions of interest (EOI) from shareholders willing to offload part or all of their holdings as part of the proposed public issue. It marks a formal step for…
Mumbai, March 29 (IANS) The National Stock Exchange (NSE) is set to launch a new crude oil futures contract linked to global benchmark prices from April 13, in a move aimed at strengthening India’s commodity derivatives market.The exchange said it will introduce Dated Brent Crude Oil (Platts) futures in its commodity derivatives segment after receiving approval from the Securities and Exchange Board of India (SEBI).The new contract will be based on the S&P Global Energy (Platts) Dated Bren…