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Nifty drops below 24,400 level; European mrkt advance

Mumbai, May 8 -- The key benchmark indices witnessed profit booking in afternoon trade, as Fed Chair Jerome Powell cautioned that persistent tariff hikes could slow growth and drive long-term inflatio... Read More


RBI issues Framework for Formulation of Regulations

Mumbai, May 8 -- Reserve Bank of India (RBI) has issued Framework for Formulation of Regulations which outlines the broad principles for formulation of Regulations issued in exercise of the powers con... Read More


Uno Minda to set up 2-wheeler alloy wheels manufacturing facility in Bawal, Haryana

Mumbai, May 8 -- Uno Minda announced that its Board of Directors has approved the setting up of a manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. This facility will have an ins... Read More


Nazara Technologies Ltd spurts 1.28%, up for third straight session

Mumbai, May 8 -- Nazara Technologies Ltd is up for a third straight session today. The stock is quoting at Rs 1084.9, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around... Read More


Gold melts as Dollar index nears 100 mark, MCX futures under Rs 96K

Mumbai, May 8 -- COMEX gold futures fell to hold above $3400 per ounce. The metal climbed by over half a percent on Thursday morning in Asia but tanked heavily thereafter. It currently trades at $3340... Read More


Nasscom says India-UK FTA to foster trade, investment, and job creation in both nations

Mumbai, May 8 -- National Association of Software and Service Companies or Nasscom has welcomed the historic and landmark India-UK Free Trade Agreement (FTA). This agreement is a testament to the deep... Read More


Market trade sideways; media shares in demand

Mumbai, May 8 -- The frontline indices traded sideways in early afternoon trade, as Fed Chair Jerome Powell cautioned that persistent tariff hikes could slow growth and drive long-term inflation. Inve... Read More


Goa Carbon reports dismal Q4 outcome

Mumbai, May 8 -- Total income declined 27.11% to Rs 134.06 crore in Q4 FY25, compared with Rs 183.94 crore posted in Q4 FY24. The company reported pre-tax loss of Rs 8.19 crore in the fourth quarter ... Read More


Economic Buzz: German industrial production recovers in March

Mumbai, May 8 -- Germany's industrial production rebounded in March, data from Destatis revealed on Thursday. Industrial production increased 3.0 percent month-on-month in March, in contrast to the 1... Read More


MCX Morning Wrap: Copper dips half a percent as highs around Rs 850 mark fail to hold

Mumbai, May 8 -- Base metals slipped on the MCX in morning trades today. MCX benchmark April Copper futures fell 0.48% to trade at Rs 841.90 per kg. The counter opened higher but failed to hold above ... Read More