The 30-share BSE Sensex was trading 635.43 points higher at 53,565.74. The broader NSE Nifty jumped 186.4 points to 15,994.40.
Stocks to watch: From Poonawalla Fincorp to Jammu and Kashmir Bank, here are the key stocks to look out for on Friday's trade.
'Services and the construction sector still seem to be lagging from losses suffered during multiple waves of Covid-19 pandemic, with new project announcements running below their pre-pandemic levels'
Data released on Thursday showed that retail inflation surged to a 95-month high of 7.97 per cent in April on the back of high fuel, food prices and services. Rural inflation surged to an 8-year high in April, while urban inflation rose to 18-month high.
RBI’s gold acquisition happened at a time when foreign portfolio investors (FPIs) were exiting India and forex reserves declined by $44.73 billion from $642.45 billion in September 2021 to $597.72 billion on April 29, 2022, as per Reserve Bank data.
A quick guide as to how existing Bajaj Finserv customers can avail of pre-approved Personal Loans from the lender within 4 hours*
High price levels of fuel and food items, especially of vegetables, spices and oils/fats, along with household services, contributed to the sharp rise in inflation, a level which is seen as being partly responsible for preempting the unscheduled repo rate hike of 40 basis points by the RBI last week.
Prudent IPO subscription status: The initial public offering (IPO) of retail wealth management firm Prudent Corporate Advisory Services was subscribed 1.22 times on the final day.
According to the 'Jobs and Salary Primer Report for FY2022 by TeamLease', unlike the last two years, this year most of the job roles from across sectors have been considered for a salary hike, however, the increments will be moderate.
Earlier this year, Tata Group had named Turkish Airlines Chairman Ilker Ayci as Air India's CEO & MD, but he subsequently denied the position.
Gold Prices Today, 12 May 2022, Gold, Silver Rates Today: The opening price for 999 purity gold was Rs 51,284 per 10 grams, up Rs 79 from Wednesday’s closing price of Rs 51,205, while that of 999 purity silver was Rs 60,460 per kg, down Rs 990 from Rs 61,450. Read below to find out bullion prices.
The loss was in stark contrast to a year earlier when SoftBank posted record annual profit, surpassing global heavyweights such as Warren Buffett's Berkshire Hathaway, after the listing of South Korean e-commerce firm Coupang.
SC agrees to examine amendment made to LIC Act, 1956 by way of the Finance Act, 2021.
While overall inflation remains moderate, food and energy costs are rising rapidly, an outgrowth not of increased demand, but of market turmoil related to the pandemic and Russia’s invasion of Ukraine. And the yen has hit a two-decade low against the dollar, a dizzying drop of more than 18% since September that has unnerved Japanese businesses.
At the interbank foreign exchange, the rupee opened sharply lower at 77.52 against the American dollar, then lost further ground to quote 77.55, registering a fall of 30 paise from the last close. In initial deals, the domestic currency was moving in a range of 77.50 and 77.57.
The benchmark Sensex dove 1,158 points to 52,930.31 and the NSE Nifty by 359 points at 15,808.00 as the broad sell-off, led by foreign investors, hit sentiment.
LIC IPO allotment status: The initial public offering (IPO) of insurance sector behemoth Life Insurance Corporation of India (LIC) was subscribed 2.95 times and the shares will now get allotted to investors. Here's how to check if you have been allotted the shares.
Members of the Standing Committee said the issue came up during a “study tour” meeting with SEBI in Mumbai on May 6, which was attended by the regulator’s chairperson Madhabi Puri Buch and other members
He said these mega-trends are digital adoption, supply chain re-balancing, sustainability, focus on health and wellness and a global talent pool.
The DGCA inspections came in the aftermath of the May 1 incident on SpiceJet's Mumbai-Durgapur flight that left several passengers injured as the plane underwent severe turbulence.
Within Asia, India would be the economy which will be most exposed to upside risks to inflation, given the higher energy import burden and sustained strength in domestic demand, Morgan Stanley said in its report.
Most of the risks to inflation are seen emerging from the crisis due to the Ukraine-Russia war. The repo rate – the rate at which the RBI lends to banks – was 5.15 per cent in February 2020 before the pandemic.
India is a "unique" market in that the Supreme Court has ruled that cryptocurrencies can not be banned. However, "there are elements in the government there, including at the RBI who don't seem to be as positive on it," said Coinbase co-founder and CEO Brian Armstrong.
Venus Pipes IPO: The Rs 165.41 crore initial public offering (IPO) of Venus Pipes and Tubes is available from May 11-13, 2022. It has a price band of Rs 310-326 per share.
The CBDT in a notification, said furnishing PAN or biometric Aadhaar will be mandatory for such high-value deposits or withdrawals from banks in a financial year, or opening of a current account or cash credit account with a bank or post office.
IndiaAge cap, Rajya Sabha term limit on Cong table, Chintan Shivir starts today
Opposition leader told me ‘PM twice, what more’, but I can’t rest: Modi
EntertainmentModern Love Mumbai review: Amazon Prime series makes you fall in love with Mumbai, all over again
EntertainmentPratik Gandhi on working with Tanuja in Modern Love Mumbai: 'I couldn't take my eyes off her'
TrendingUS waitress gets $810 as tip on a bill of $48, biggest in her 20-year career
TrendingWatch: 'Land kare de bhai' meme guys recreates paragliding video with Alia Bhatt, here's why
SportsMS Dhoni hints he will be back next season, talks about CSK's 2023 plans
SportsIPL 2022: CSK lose battle of laggards, their playoff hopes end
OpinionLet’s not compare economies of Nepal and Sri Lanka
The cause and effect of rising inflation
LifestyleKriti Sanon enjoys a workout session in the mountains: 'Who needs a gym'
TechnologyAsus Zenbook 14X OLED Space Edition reviewSportsMS Dhoni hints he will be back next season, talks about CSK's 2023 plansSportsIPL 2022: CSK lose battle of laggards, their playoff hopes end
SportsIndia's Thomas Cup runneth over as Shetty-Rankireddy, Srikanth, Prannoy win against MalaysiaTechnologyAsus Zenbook 14X OLED Space Edition review
TechnologyAndroid 13 beta 2 announced at I/O 2022
TechnologyiPhone 15 could ditch Lightning port for USB Type-CLifestyleKriti Sanon enjoys a workout session in the mountains: 'Who needs a gym'TrendingUS waitress gets $810 as tip on a bill of $48, biggest in her 20-year careerTrendingWatch: 'Land kare de bhai' meme guys recreates paragliding video with Alia Bhatt, here's why
Trending'Amazing jugaad': Wedding hosts in village use thresher as cooling system, win social media
TrendingTriple joy: White tigress in Mysuru Zoo gives birth to three cubs
Trending'Wow, surprise guest': IFS officer meets leopard outside rest house, reminds him of Ruskin Bond's story
Mohali: Panic after men open fire in air in posh Mohali society, one booked
Dalit groom’s procession stone pelted due to ‘boycott’ on lavish weddings, say cops
Home guard volunteer discharged at 58 years, HC issues notice to Chandigarh Admin
Gujarat: AMC issues red alert for May 13 and 14
Over 6 lakh candidates register for CET this year
Atulchandra Kulkarni named new NIA ADG
Mere chargesheet or FIR not ground for impounding passport, says Bombay HC
Diversion of MGNREGA funds: Most of seized Rs 19-crore cash belong to IAS officer, CA tells ED
Father of govt staffer shot dead by militants in Budgam worried over safety of Pandits working in Kashmir
Covid vaccine coverage: Mumbai, Pune top list of districts with most people yet to take second dose
