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Digital Payments

India’s digital payment landscape inspires the world !

Northlines Business Correspondent According to reports, during the second quarter of the financial year (July –September) 2022, a total of 20.57 billion transactions totalling Rs...

FMEG: Most brokerages positive on cable & wires business

Agencies   With raw material prices rising sequentially in Q4 FY23, margins of fast moving electrical goods (FMEG) companies could witness pressure as they refrain from...

Exports dip in Feb; trade deficit narrows to $17.43 bn

Agencies   Contracting for the third month in a row, India’s exports declined by 8.8 per cent to $33.88 billion in February due to slowdown in...

Market turmoil leaves investors poorer by more than Rs 4.3 lakh crore

Agencies   Domestic equity investors’ wealth eroded by more than Rs 4.43 lakh crore on Monday as fears of a financial contagion triggered by one of...

Sensex tanks 897 points to close below 59K

agencies   Falling for the third straight session, equity benchmark Sensex tanked nearly 900 points to close below the 59,000 mark on Monday due to a...

Investors poorer by Rs 1.36 lakh cr amid sell-off in markets

Agencies   Benchmark stock indices Sensex tanked 671.15 points or 1.12 per cent to close at 59,135.13, as 21 of its scrips declined. The sharp decline...

Sensex, Nifty plunges over 1 per cent as IT, financial shares drop

Mumbai, Mar: Benchmark stock indices Sensex and Nifty declined by more than 1 per cent in opening trade on Friday due to heavy selling...

Sensex snaps 3-day winning run; falls 542 points

NL Correspondent   Equity benchmark Sensex declined nearly 540 points on Thursday, pressured by heavy selling in index heavyweights Reliance Industries, Bajaj Finserv and ICICI Bank...

Tata’s Plan To Make Air India Great Again

Agencies   The 470 aircraft deal that the Air India group signed with Airbus and Boeing has understandably generated considerable hoopla and hype. That’s because it finally...

Sensex closes 415 points higher; crosses 60K

NL Corresspondent   Benchmark indices Sensex and Nifty advanced for a second session in a row on Monday on gains in IT, banking and auto stocks...

Maruti Sold 584,126 Cars In Rural Markets

Agencies   Maruti Suzuki’s bet on the rural markets is showing results: The share of rural sales is moving fast towards the halfway mark. The country’s largest...

BSE working to revive Sensex-30 derivatives

The BSE is planning to reintroduce its Sensex-30 derivatives and is in the process of collecting feedback from members, the MD and CEO of...

Forex kitty falls $325 million to $560.94 billion

NL Corresspondent   India’s foreign exchange reserves dropped $325 million to $560.942 billion as of February 24, making it the fourth consecutive week of decline in...

RCap lenders allowed to go for another round of bidding

Agencies   The National Company Law Appellate Tribunal (NCLAT) on Thursday  allowed a petition filed by lenders of Reliance Capital seeking another round of auction for...

Promoter share pledge rises to 1.61% in Q3

Agencies   Share pledging by promoters rose during the October-December quarter (third quarter, or Q3) of 2022-23 (FY23) in the midst of a 6 per cent...

As USD retreats, rupee rises 11 paise to 82.68

Agencies   The rupee gained 11 paise to 82.68 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated...

Investors’ wealth plunges Rs 10.42 lakh crore in 7 trading sessions

Agencies   Seven consecutive sessions of decline in the equity market has eroded the wealth of investors by a whopping Rs 10.42 lakh crore and the...

Sensex, Nifty log longest losing run in 5 months

Agencies   Benchmark indices Sensex and Nifty slid for a seventh straight session on Monday, logging their longest losing run in the past five months, following...

Investors’ wealth plunges Rs 8.30 lakh crore in 6 trading sessions

NL Corresspondent   Stock market investors became poorer by Rs 8.30 lakh crore as equities continued their slide for the sixth consecutive day. The BSE Sensex has...

Markets pare early gains; Sensex down 142 points at close

NL Corresspondent   Benchmark indices pared early gains and ended lower on Friday in line with weak trend in Asian markets and concerns that the US...