Economy

Mumbai: After a muted beginning, the Indian stock market welcomed 2025 with a bang on Thursday, surging more than 1,400 points, or 1.83 per cent, as auto stocks saw a bumper rally on the back of strong car sales data for December. The Nifty auto index gained 3.79 per cent. Sensex ended at 79,943.71, up

Mumbai:  Mumbai had over 1.41 lakh property registrations in 2024 — the highest in 13 years – and an 11 per cent growth from 2023, according to a new report According to data sourced from the Inspector General of Registration and Controller of Stamps of Maharashtra, the revenue from property registrations through stamp duty collections

Mumbai: Indian stock market surged by nearly 1.6 per cent in afternoon trade on Thursday as heavy buying was seen in auto, energy, private bank, infra, commodity and IT sectors on Nifty. At around 1.39 pm, Sensex was trading at 79,766.88 after rising 1,259.47 points or 1.60 per cent, while Nifty was trading at 24,112.25

Mumbai: Ambuja Cements Ltd has received an observation letter with ‘no objection’ from the National Stock Exchange (NSE) and ‘no adverse observations’ from Bombay Stock Exchange (BSE) with regards to merger with Adani Cementation Ltd. The proposal for a merger between Adani Cementation and Ambuja Cements had received approval from the board in June 2024.

Chennai: The Indian Institute of Technology (IIT) Madras on Thursday announced a collaboration with the Ministry of Agriculture and Farmer Welfare on Project VISTAAR, which seeks to improve the efficiency and effectiveness of the agricultural extension system through digitalisation. The Memorandum of Understanding (MoU) signed recently between the Agriculture Ministry and IIT Madras enables them

New Delhi: Driven by rising private consumption and disposable incomes, India saw vehicle retail sales increase by at least 9 per cent in 2024 (year-on-year) to cross 26 million units. This surpasses the pre-Covid peak of 25.4 million units in a single year in 2018. Industry experts said that the key aspects to watch out

New Delhi:  The government-run Open Network for Digital Commerce (ONDC) has empowered small businesses and revolutionised e-commerce, said Prime Minister Narendra Modi on Thursday. ONDC — a network of more than 200 apps, including buyer apps and seller apps — was launched in 2021 to democratise e-commerce in India. The PM said that ONDC has

Mumbai: Maharashtra’s biggest industrial land parcel measuring over 5,286 acres — at a strategic location close to the Navi Mumbai Airport, JNPT and the Mumbai Trans Harbour Link project — has been sold to Reliance Industries Ltd at a valuation of mere Rs 2,200 crore. Anand Jain-promoted Jai Corp Ltd. informed the stock exchange that

New Delhi: Reduction of duties on mobile parts and components in the Union Budget 2025-26 would further strengthen India’s position as global electronics manufacturing hub towards achieving the goal of a $500 billion electronics industry, the India Cellular and Electronics Association (ICEA) has said. In a letter to Sanjay Malhotra, Revenue Secretary, Ministry of Finance,

Mumbai: The domestic benchmark indices opened flat on Thursday as selling was seen in the PSU bank, pharma, FMCG, realty, media, energy and metal sectors on Nifty. At around 9.31 am, Sensex was trading at 78,573.16 after rising 65.75 points or 0.08 per cent, while Nifty was trading at 23,766.05 after rising 23.15 points or