Business
Munsif Daily delivers the latest headlines on business-related stories across India and the globe. Find in-depth information on the world’s economy, financing, stock market, initial public offerings (IPO), the banking sector, and the financial sector of India.
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Sensex trades high as NTPC, Asian Paints lead
Indian equity indices opened in the green on Wednesday following positive cues from Asian peers. At 9.41 a.m., Sensex was…
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Centre collected Rs 98,681 cr from LTCG tax in FY23, not to abolish tax on equities or MFs in FY25
The Centre on Tuesday informed that it collected nearly Rs 98,681 crore from long-term capital gains (LTCG) tax in FY23,…
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IndiGo enhances domestic connectivity from Hyderabad and Ahmedabad from September
IndiGo, the low-cost carriers, on Monday announced 10 daily direct flights to increase domestic connectivity from Hyderabad and Ahmedabad in…
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Sensex at new peak at 81,455.40 pts
The BSE Sensex on Tuesday ended at a fresh peak at 81,455.40 pts, registering a gain of 99.56 pts on…
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Sensex trades flat on mixed global cues
Indian equity indices opened flat on Tuesday following mixed global cues. At 9.38 a.m., Sensex was at 81,409, up 53…
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Sensex closes flat amid selling pressure on higher levels
India's equity indices closed flat on Monday amid selling pressure on higher levels. In morning trade, Sensex and Nifty touched…
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Airtel re-farms mid band spectrum for 5G traffic, pilot’s standalone tech
Bharti Airtel on Monday said it has started re-farming its existing mid-band spectrum to accommodate the growing traffic demand on…
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Adani Wilmar clocks highest-ever net profit at Rs 313 crore in Q1 as edible oil prices stabilize
Adani Wilmar Limited on Monday posted strong profits with the highest-ever PAT of Rs 313 crore in the April-June quarter…
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Sensex opens at all-time high, Nifty trades above 24,900
Indian equity indices opened at an all-time high on Monday following positive sentiment in the global peers. At the start…
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Market Outlook: Q1 results, PMI data & Fed meeting key factors for next week
Indian equity indices witnessed a stellar rally last week. This is the eighth consecutive week when frontline indices posted gains…
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SETA to hold its 5th edition of 3-day ElectricExpo 2024 in Hyderabad from Aug 29
Hyderabad: Secunderabad Electric Traders Association (SETA) is organizing ‘ElectricExpo 2024’, a premier event for innovation in the electrical industry at…
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Dr Reddy’s posts 1 pc drop in net profit at Rs 1,392 crore in Q1, revenue up 14 pc
Dr Reddy's Laboratories on Saturday posted Rs 1,392 crore in net profit for the April-June quarter (year-on-year), down 1 per…
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ICICI Bank posts 14.6 pc rise in Q1 net profit at Rs 11,059 crore
ICICI Bank, on Saturday, reported a 14.6 per cent increase in net profit to Rs 11,059 crore for the April-June…
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Stock market in top gear after Budget, logs best weekly streak in last 6 years
Indian stock market witnessed a stellar rally in the Budget week. Last week, Sensex and Nifty surged by 728 points…
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India’s Forex reserves surge to lifetime high of $670.86 bn
Mumbai: India’s foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion…
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Apple set to manufacture high-end iPhone 16 Pro models in India, to arrive soon after global launch
In a fillip to the country’s local manufacturing success story, tech giant Apple is set to make its ‘Make in…
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Sensex trades higher on positive global cues
Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329…
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Indexation removal on real estate won’t hike tax burden, has limited impact
According to the Finance Ministry, the new LTCG regime will benefit taxpayers in “almost all cases” through substantial tax savings.
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Sensex trades lower on negative global cues
Indian equity indices opened in the deep red on Thursday following negative cues from global markets.
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Here’s how new capital gain proposal helps investors save tax
The proposal to remove indexation benefit in the long-term capital gain calculation in the Union Budget 2024-25 will ultimately be…
