Trainsets to be deployed on Mumbai-Ahmedabad high-speed rail corridor
The clarification comes a day after Rapido and Uber resumed bike taxi operations in Karnataka after more than two months.
Karnataka deputy CM DK Shivakumar has sought Rs 1.5 lakh crore from Union government for infrastructure projects to transform Bengaluru into a global metropolis. Shivakumar said the plan aims to cut travel times by 70 percent, improve mobility, and sustain the city’s status as the tech capital.
Two trainsets will be built at BEML's Bengaluru rail coach complex and are scheduled for delivery by the end of 2026.
The industry does not foresee customers flocking to jewellers this year during the normally busy and auspicious time of Dhanteras and Diwali, but the high price could mean that revenue figures are not badly affected.
Toad-licking has become a way to get high and is also considered life-threatening.
During the same period, the secondary market volume spiked from Rs 4.4 lakh crore to Rs 14 lakh crore.
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by Rs 14 or 0.03 per cent at Rs 51,851 per 10 gram in a business turnover of 15,319 lots.
The stock advanced 1.96 per cent to settle at Rs 46.75 apiece on the BSE. During the day, it climbed 4.14 per cent to Rs 47.75.
Nifty climbs the 16,000 peak, the benchmark index has scaled 1000 points in about six months. Take a look:
Sakshi Batra does a 3 point analysis to understand what's driving the credit growth.
IT, pharma, FMCG and power stocks are seeing deeper cuts. ITC, BHEL, Dr Reddy's Labs, GAIL and SBI are down around 2 percent each. Meanwhile, Reliance is up 1 percent, followed by HDFC twins, Tata Motors and Coal India among the gainers in the Sensex.
Despite the euphoria on Dalal Street, billionaire investor Rakesh Jhunjhunwala says it doesn't feel like an all-time high market. "I think the real new high will be when (Nifty) goes to 6700," he told CNBC-TV18 in an interview.
Foreign institutional investors (FII) bought Indian shares worth Rs1875 crore on Thursday. This is FIIs biggest single-day buying since May 21.
US equities have risen the past three weeks, racking up a 14 percent gain so far this year on some better-than-expected company earnings and the Federal Reserve's ultra-easy monetary policy to support the economic recovery.
Gopi Suvanam, founder, Investworks feels that global flow of funds away from commodities and bonds into equities could push the market to new highs. He said he would be looking at stocks like Maruti or Tata Motors which are already in momentum.
Gold futures edged up from their lowest level in two weeks in tandem with overseas markets, but traders were waiting for a bigger fall in prices to book the yellow metal for the upcoming wedding season.
The rupee is near a one-high in line with positive global risk sentiment and on the government move to allow investment in debt by foreigners, traders said. The pair at 54.09/10 versus 54.33/34 Friday close, hitting its lowest level since March 19 in trade.
The Bombay High Court today disposed off Sebi's petition against a CIC order that directed Sebi to disclose investigation details into the RIL insider trading case, reports Ashmit Kumar of CNBC-TV18.
The Dow surged to a new record on Tuesday, breaking through levels last seen in 2007 as investors extended 2013's rally.
The Nikkei share average climbed to a 20-1/2-month high in early trade on Thursday
Saudi Arabia is concerned about high oil prices and will take steps to moderate them, its oil minister said, in a statement that some in the oil market read as a signal to consumer nations that there is no need to release emergency oil reserves.
Monthly electricity bills of consumers are set to increase from next month with the Maharashtra Electricity Regulatory Commission (MERC) hiking the fuel adjustment cost (FAC) ceiling to 20% from the present 10%.
Air India (AI) management has set up a committee to look into reinstatement of pilots, whose services were terminated during the recent strike, on case by case basis, the Delhi High Court was today informed.
Environmental activist and director of NGO Navdanya, Vandana Shiva has filed a petition against retail giant Walmart seeking its exit from India. Vandana explains to CNBC-TV18, about her petition which seeks a probe into the alleged indirect entry of Walmart into India's retail sector.