News

Shares of GP Petroleums Ltd ended at ₹61.40, down by ₹0.33, or 0.53% on the BSE.

Shares of KEC International Ltd ended at ₹1,050.75, down by ₹1.70, or 0.16% on the BSE.

Existing cardholders will not be affected, as their co-branded credit cards will continue to function under the same terms and conditions. Upon renewal, these cards will be reissued as RBL Bank-branded cards.

Shares of Adani Enterprises Ltd ended at ₹2,462.25, up by ₹24.80, or 1.02% on the BSE.

Dixon Technologies announced mass production of Google Pixel smartphones through its subsidiary Padget Electronics, in collaboration with Compal, which specialises in the production of personal computers, smart devices, data center equipment, and liquid crystal display (LCD) products.

Additionally, monthly contracts for Sensex, Bankex, and Sensex 50 will shift to the last Tuesday of each month.

The government continues to assess the extent of Chinese imports’ effect on the Indian market. Officials have stated that they are implementing import duties and taxes to curb the influx of cheap, low-quality imports from countries that are not transparent about their pricing strategies.

At the end of the second quarter, True North held a 14.07% stake in Home First Finance, Aether Mauritius held a 9.31% stake, and Orange Clove held a 22.91% stake in the company.

Regularly updating the base year is essential to ensure that indices accurately reflect changes in the economy’s structure, such as shift in consumption pattern, sector weight and the incorporation of new sectors. The 26-member Advisory Committee on National Accounts Statistics (ACNAS), which was constituted under the Chairmanship of Biswanath Goldar, is expected to complete the exercise by early 2026.

“GDP growth during July-Sept 2024 has slowed to 5.4%. It is much lower than even the most pessimistic estimates. It simply shows that the reality is far different from all the hype generated by the PM and his cheerleaders,” Ramesh said.