New Delhi, July 9 (IANS) Former ONGC Director (Finance) Subhash Kumar on Thursday said AustralianSuper’s decision to invest an additional AUD 500 million in the National Investment and Infrastructure Fund (NIIF) reflects the growing confidence of global institutional investors in India’s long-term economic and infrastructure growth story.Reacting to the latest investment, Kumar said the additional commitment underscores the attractiveness of India’s infrastructure sector and validates the countr…
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Mumbai, July 9 (IANS) Indian equity benchmarks advanced in early trade on Thursday despite renewed geopolitical tensions and a rebound in crude oil prices to the $80-a-barrel mark.Sensex surged as much as 0.32 per cent or about 250 points to hit an intraday high of 76,752 in morning trade, while Nifty climbed 0.20 per cent or 46.90 points to 23,928.95.Sectorally, Nifty Consumer Durables led the gains, rising 1.39 per cent, followed by Nifty Mid-Small Financial Services (0.95 per cent), Nifty Cem…
Beirut, June 28 (IANS) Lebanese President Joseph Aoun pledged that the Lebanese state would assume its responsibilities in implementing the US-brokered framework agreement between Lebanon and Israel during a phone call with US President Donald Trump late Saturday, according to a statement from the Lebanese presidency.Aoun also expressed hope that the United States would help prevent violations of the agreement and ensure that all commitments reached under the deal are fulfilled, particularly by …
New Delhi, June 18 (IANS) The Congress on Thursday criticised the takeaways from Prime Minister Narender Modi’s participation at the G7 Summit in France’s Evian, alleging that he “failed” to stand up for India’s economic interests and energy sovereignty.”The Indian National Congress (INC) had hoped that Prime Minister Narendra Modi would leverage the G7 Summit in France as an opportunity to assert India’s leadership role in the Global South and stridently defend India’s energy sovereignty, econo…
Mumbai, June 12 (IANS) Indian equity markets rose in morning session on Friday, following positive global market cues amid a fall in oil prices and reports that US President Donald Trump had cancelled plans to strike Iran, citing progress in talks.Sensex surged as much as 1.35 per cent or 1,000 points to touch an intraday high of 74,834 in early trade. Similarly, Nifty rose 1.26 per cent or about 300 points to 23,455.Sectorally, all indices traded in green. Nifty Realty emerged as the top perfor…
New Delhi, June 10 (IANS) Maharashtra Deputy Chief Minister and Shiv Sena leader Eknath Shinde on Wednesday said Prime Minister Narendra Modi has given India a new identity on the global stage over the last twelve years, driving the country toward becoming an economic superpower. He added that under PM Modi’s leadership, Maharashtra’s development has gained unprecedented momentum. Shinde expressed gratitude for the opportunity to speak on the resolution congratulating Prime Minister Narendra…
Jerusalem, June 7 (IANS) The Israel Defense Force (IDF) on Sunday struck a ‘terrorist headquarters’ in the Dahieh district of Beirut, in response to Hezbollah’s firing at Israeli territory.”In accordance with the directive of Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz, the IDF has just struck terrorist headquarters in the Dahieh district of Beirut, in response to Hezbollah’s firing at Israeli territory,” the Israeli Prime Minister’s office said on social media platform X….
Mumbai, June 1 (IANS) Benchmark equity indices ended sharply lower on Monday, dragged down by losses in FMCG, PSU banking, auto and realty stocks, even as investors monitored developments surrounding a potential diplomatic breakthrough between the United States and Iran.The Nifty settled at 23,382.60, declining 165.15 points, or 0.7 per cent, while the Sensex fell 508.40 points, or 0.68 per cent, to close at 74,267.34.Commenting on Nifty technical outlook, experts said that the 23,500 level is l…
Mecca, May 25 (IANS) Over 1.5 million people have arrived in Mecca for the annual Haj pilgrimage, which this year takes place amid hopes for an end to the war in West Asia. To protect them, the Saudi Ministry of Defence has strengthened its air defences. The white-clad pilgrims, travelling by bus or on foot, arrived at the vast Mina encampment after performing the “tawaf,” or walking seven times around the Kaaba, the enormous black cube of Mecca’s Great Mosque. The start of the Hajj coincided wi…
Mumbai, May 13 (IANS) Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside.The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.The Nifty settled at 23,412.60, up 33.05 p…
