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DOMESTIC NEWS


India's Jan-March quarter GDP growth at 6.1% y/y

Wednesday,   31-May-2023   05:41 (IST)

India's economy grew 6.1% in the January-March quarter from a year earlier, accelerating from 4.4% in the previous quarter, helped by a pickup in manufacturing activity, government data showed on Wednesday. The reading was above the 5% expansion forecast in a Reuters analysts poll. For the 2022/23 fiscal year, economic growth was revised upwards to 7.2% from an earlier estimate of 7%....

India meets fiscal deficit target of 6.4% for 2022/23

Wednesday,   31-May-2023   05:40 (IST)

India's fiscal deficit for the financial year ended March 31 touched 17.3 trillion rupees ($209.46 billion) and settled at 98.7% of the revised annual estimate, government data showed on Wednesday...

India April infrastructure output grows 3.5% y/y - government

Wednesday,   31-May-2023   05:10 (IST)

India's infrastructure output expanded 3.5% year-on-year in April, government data showed on Wednesday. Infrastructure output, which comprises eight sectors, including coal and electricity, accoun...

Reliance, financials drag Indian shares ahead of GDP data

Wednesday,   31-May-2023   03:44 (IST)

Indian shares fell on Wednesday, snapping a four-day winning streak, dragged by index heavyweight Reliance Industries and financial stocks, ahead of gross domestic product data for the March quarter d...

Financials, metals drag Indian shares on weak global cues

Wednesday,   31-May-2023   10:42 (IST)

Indian shares fell on Wednesday after hitting five-month highs for three sessions in a row, as caution set in ahead of the U.S. Congress's approval of the debt deal and fresh concerns about China&...

FMCG, financials stocks lift Indian shares to new five-month highs

Tuesday,   30-May-2023   04:26 (IST)

Indian shares rose on Tuesday, aided by gains in fast moving consumer goods (FMCG) and high-weightage financials, on improved global cues after U.S. lawmakers reached a tentative debt ceiling deal ove...

Financials power Indian shares; Nifty 50 in overbought zone

Monday,   29-May-2023   03:48 (IST)

Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a weekend debt ceiling deal in the U.S. added heft. The blue-chip Nifty 50 index closed 0.54% higher ...

Financials lift Indian shares amid improved global cues

Monday,   29-May-2023   11:02 (IST)

Indian shares advanced on Monday, led by an uptick in financials while improved global cues due to a weekend debt ceiling deal in the U.S. added heft. The blue-chip Nifty 50 index was up 0.63% at 18,6...

FMCG, realty stocks power Indian shares on May series expiry day

Thursday,   25-May-2023   04:11 (IST)

Indian shares advanced on Thursday, led by fast moving consumer goods and realty stocks, while the ongoing U.S. debt talks weighed on sentiment and capped gains. The blue-chip Nifty 50 index closed 0....

Financials, metals weigh on Indian shares amid US debt-ceiling deadlock

Wednesday,   24-May-2023   04:08 (IST)

Indian shares snapped a three-day winning streak on Wednesday, dragged by high-weightage financials and metal stocks, as caution over the U.S. debt ceiling deadlock weighed on stock markets around the...

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