MUMBAI: The Indian stock market witnessed substantial growth in 2024. The National Stock Exchange’s growth across listings, market capitalisation, investor participation, and funds mobilisation is better than the previous year.The NSE annual report data reveals that as of December 31, 2024, a total of 2,671 companies were listed, up from 2,527 in 2023.The market capitalisation…
MUMBAI: The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation, the RBI added in its notification.The central bank informed…
NEW DELHI: Growth in the country’s eight key infrastructure sectors rose to a four-month high in Nov, led by cement, coal and electricity sectors. Data released by the commerce and industry ministry on Tuesday showed the eight core sectors, spanning coal, crude oil, natural gas, petroleum/refinery products, fertilisers, steel, cement and electricity grew 4.3% in…
CHENNAI: 2024 ended with private equity-venture capital (PE-VC) investments of $31.1 billion, the lowest since 2019 in India. The cumulative investments were down by 5.5% when compared with 2023, which accounted for $32.9 billion, the second lowest in the past six years. However, the number of deals exceeded 1,000, from 993 a year ago (in…
The Income-Tax Department announced an extension for the deadline for filing belated or revised income tax returns for the fiscal year 2023-24 to 15th January 2025. Previously, the last date for resident individuals to make these submissions for assessment year (AY) 2024-25 was set at 31st December 2024.The department made this announcement in a post…
The growth of India’s eight core infrastructure sectors slowed to 4.3 per cent in November 2024, compared to 7.9 per cent in the same month last year, according to official data released on Tuesday. Despite the slowdown seen in comparison to last November, monthly production growth reached a four-month high. In October 2024, the sectors…
Gold prices in the national capital plunged below Rs 79,000 per 10 grams on Tuesday, weighed by subdued demand from stockists and retailers, according to local market analysts quoted by news agency PTI. The 99.9 per cent purity gold fell Rs 550 to Rs 78,950 per 10 grams, against Monday’s close at Rs 79,350.Over the…
The government has decided to keep the interest rates on various small savings schemes unchanged for the fourth consecutive quarter, starting from January 1, 2025, and continuing through to March 31, 2025. A notification issued by the finance ministry confirmed “The rates of interest on various small savings schemes for the fourth quarter of FY…
NEW DELHI: As 2024 draws to an end, India’s economy continues to display its resilience, with the IPO market achieving a historic milestone, raising a record Rs 1.6 lakh crore through 90 maiden public issues. Favorable market conditions, regulatory improvements, and robust economic growth fueled this surge.The IPO pipeline for 2025 is anticipated to surpass…
HYDERABAD: Standard Glass Lining Technology Limited, a Hyderabad-based specialised engineering equipment manufacturer for pharma and chemicals sector, has fixed a price band of Rs 133 to Rs 140 per equity share of face value ₹10 each for its maiden initial public offer (IPO) that opens on 6, 2025, and closes for subscription on Jan 8,…
