Search Results for: HDFC bank

India's Forex reserves surge to lifetime high of $670.86 bn

India's foreign exchange (Forex) reserves rose for the third-consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday.

Jul 26, 2024

Sensex, Nifty end flat as markets turn to consolidation phase

Nifty closes at all-time high, Sensex surges by 1,292 pts

Indian equity indices closed in the green on Friday following broad based buying in all segments of the markets.

Jul 26, 2024

Nifty up 428 points to close at all-time high, Sensex surges by 1,292 pts

Sensex was up 1,292 points or 1.62 per cent at 81,332 and Nifty was up 428 points or 1.76 per cent at 24,834.

Jul 26, 2024

Sensex comes out of negative sentiment, hovers over positive trade

Indian equity indices opened in the green on Friday following positive global cues. At 9.43 a.m., Sensex was up 329 points or 0.41 per cent, at 80,373 and Nifty was up 118 points or 0.48 per cent, at 24,524.

Jul 26, 2024

LIC stock revives positive spirit, hits new lifetime high of Rs 1,178.60

Shares of state-run insurer Life Insurance Corporation of India (LIC) on Friday touched a new lifetime high of Rs 1,178.60 on the Bombay Stock Exchange (BSE).

Jul 26, 2024

Digital data protection bill seeks to safeguard users' security: Centre

Amid the changing landscape where cyber-criminals use novel methods to steal personal data, the Digital Personal Data Protection (DPDP) Act, 2023 upholds individuals' rights to safeguard their data, incorporating established principles for its protection, the government has said.

Jul 26, 2024

RBI tightens domestic Money Transfer rules, adds new security factors

The Reserve Bank of India (RBI) has tightened rules for domestic money transfers, requiring banks to record the name and address of beneficiaries. Remitting banks must register the remitter with a verified cell phone number and an 'Officially Valid Document (OVD)'.

Jul 25, 2024

Sensex continues to dovetail amid negative sentiments after Budget

Indian equity indices opened in the deep red on Thursday following negative cues from global markets.

Jul 25, 2024

Union Finance Minister Nirmala Sitharaman, Minister of State in Finance Pankaj Chaudhary and other members of finance ministry leave to present the budget in Parliament

How full Budget 2024 compares with Interim Budget: Explained

The Union Budget 2024-25 focuses on empowering youth, women, farmers, and the poor, with significant allocations for employment and skilling. Fiscal consolidation is strengthened, with a reduced fiscal deficit target and lower planned gross market borrowing. Revised tax slabs and a comprehensive review of the Income Tax Act aim to simplify tax compliance and boost sectors. The budget retains a high allocation for the Ministry of Defence, promoting 'Aatmanirbharta' in Defence technology and manufacturing.

Jul 24, 2024