Stock market today: BSE Sensex over 300 points up; Nifty50 above 23,100

Market experts anticipate continued downward pressure in the immediate future due to varied quarterly performance and substantial FPI outflows. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Wednesday. While BSE Sensex was above 76,100, Nifty50 was near 23,100. At 9:19 AM, BSE Sensex was trading […]

Economy

Hatsun Agro expands market reach with acquisition of Milk Mantra for ₹233 crore

In a bid to enter the Eastern markets, the Chennai-based Hatsun Agro Product Limited (HAP) has acquired the Bhuvaneshwar-based Milk Mantra Dairy Pvt Ltd for ₹233 crore. This is the first acquisition of a dairy after a gap of ten years, said RG Chandramogan, Chairman, HAP. In 2013, HPA acquired the Hyderabad-based Jyothi Dairy Private […]

Economy

Govt bars mills from 10 lt quota for exports for overselling more than permitted in domestic market

Informing sugar mills about the decision to allow 10 lakh tonnes (lt) of sugar for exports, the Food Ministry has issued detailed guidelines on Monday in which mills are directed to complete the export by September 30. Also, the government has debarred some sugar mills from receiving export quota as they had violated the rules […]

Trump’s meme coin creates billions from thin air, rattles cryptocurrency market

Trump made explicit overtures to the crypto industry in the months before and after his election. A digital token debuted by President-elect Donald Trump has rattled the cryptocurrency market, attracting billions of dollars of trading volume while stoking concerns about conflicts of interest.Trading under the “Trump” ticker on the Solana blockchain, the token’s market value […]

Economy

Trump trade robs FPIs’ interest in Indian debt market; 2025 first month kicks off with net selling so far

A stronger US dollar along with rising US bond yields have dampened the appeal of Indian debt for Foreign Portfolio Investors (FPIs), even as India’s global bond inclusion narrative remains intact, said fixed income market experts and economists. After infusing a record ₹1.65 lakh crore into Indian debt markets last calendar year—largely driven by India’s […]