Rupee hit by election results, fell by 45 paise to 83.59 per dollar
June 4 (Punjab Khabarnama) : The rupee on Tuesday fell by a massive 45 paise to 83.59 per dollar (provisional) against the US currency amid panic in the stock market…
PNB will sell 10% stake in Canara HSBC Life Insurance
June 4 (Punjab Khabarnama) : Punjab National Bank has approved the process of selling 10 percent stake of the bank in Canara HSBC Life Insurance Company. Canara HSBC Life Insurance…
Hyundai sales rise 7% to 63,551 units in May
June 3 (Punjab Khabarnama) : Hyundai Motor India Limited (HMIL) vehicle sales grew seven per cent year-on-year to 63,551 units in May. The company sold 59,601 vehicles in the same…
Share Market: Markets fluctuated before election results, Sensex opened with a gain of 2500 points
June 3 (Punjab Khabarnama) : Before the results of the Lok Sabha elections, the stock market once again took a big leap. Sensex jumped 2500 points and Nifty opened with…
Gold and silver prices fell drastically, gold became so cheap
June 3 (Punjab Khabarnama) : The Indian stock market has given a tremendous response to the exit polls on Monday. The Sensex opened with a jump of 2622 points today.…
If BJP wins, FPI investment of up to $2 billion will come every week
June 3 (Punjab Khabarnama) : If the Narendra Modi-led Bharatiya Janata Party (BJP) wins the Lok Sabha elections, foreign investment (FPI) may return to Indian stocks. Nomura analysts estimate that…
RBI will not cut repo rate in the upcoming meeting
June 3 (Punjab Khabarnama) : Amid inflation challenges, the Reserve Bank of India (RBI) is unlikely to cut the key policy rate repo in the upcoming monetary policy review meeting.…
Investors bought gold bonds worth Rs 27,000 crore in the last financial year
May 31 (Punjab Khabarnama) : The trend towards government gold bonds is increasing due to the possibilities of higher returns and tax benefits. Investors bought bonds worth Rs 27,031 crore…
India dominates Time Magazine’s 100 most influential companies, Reliance-Tata and Serum included in the list
May 31 (Punjab Khabarnama) : Reliance Industries and Tata Group have been included in the list of the 100 most influential companies in the world for the year 2024 of…
Will have to watch the performance of the new government before India’s investment rating can be improved: S&P
May 31 (Punjab Khabarnama) : Rating agency S&P said on Friday that it will keep an eye on the new government’s growth-supporting policies as well as fiscal data for the…