In the intraday session, Sensex jumped over 540 points to touch an intraday day high of 66,897.27, while Nifty50 touched 19,825.60.
On a quarterly basis, China’s economy grew by 1.3 per cent in the third quarter, compared to 0.8 per cent growth in the April-to-June quarter.
India needs to grow at 8-9 per cent for the next 20 years to become a developed nation by 2047 as envisioned by Prime Minister Narendra Modi, Deloitte South Asia Ceo Romal Shetty said.
Akasa Air recently completed its first year of operations in August, has a fleet of 20 Boeing 737 MAX aircraft and 2 more planes are expected to be inducted into its fleet by the end of this year.
Torrent is hoping to secure roughly $3 billion to $4 billion in financing for the bid for its much bigger rival, they said.
TCS will use their TCS BaNCS Global Securities Processing Platform for centralising and standardising operations in over 15 markets of Standard Bank Group (SBG), the company said in a statement.
Russia typically sells foreign currency to counter any shortfall in revenue from oil and natural gas exports and buys currency if it has a surplus.
In January this year, the RBI had released a discussion paper for adoption of an expected loss-based approach for loan loss provision by banks. The RBI had sought comments on the paper till February 28.
India’s lentil production has tapered since 2017-18 when the country recorded its highest output of 1.62 million tonne. According to official data, in the 2022-23 crop year, the country’s lentil production stood at 1.56 million tonne,
US sanctions had hit Venezuela’s finances and oil output, leading to accumulation of dividend for foreign companies such as ONGC.