Indian Market

Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

Indians Can Use JioFinance App for Payments at Some Tourist Attractions in Paris

/ Indian Market

Jio Financial Services Ltd. has introduced the JioFinance app in Paris, allowing Indian travelers to make digital payments at selected tourist attractions in the city. This launch coincides with the Paris Olympics, making Paris a prime destination for global sports enthusiasts. Visitors from India to France can now buy tickets to the Eiffel Tower from […]

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Japan's Nikkei 225 Falls Nearly 13% Amid U.S. Economic Worries

Japan’s Nikkei 225 Falls Nearly 13% Amid U.S. Economic Worries

/ Indian Market

Japan’s benchmark Nikkei 225 stock index plummeted nearly 13% on Monday, continuing the dramatic sell-offs that shook global markets last week as worries about the U.S. economy intensified. Not far from the close in Tokyo, the Nikkei fell over 4,500 points to 31,341.29. The broader TOPIX also plunged sharply, down 11.5 percent as the selling

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DEE Development Engineers Secures Rs 14 Crore in International Orders

DEE Development Engineers Secures Rs 14 Crore in International Orders

/ Indian Market

DEE Development Engineers announced on August 2 that it has secured two international orders totaling Rs 14 crore from Mitsubishi Heavy Industries, Japan, and GE Vernova International. These contracts involve the supply of pre-fabricated carbon and stainless-steel piping components, according to a regulatory filing by the company. The order from Mitsubishi Heavy Industries is valued

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Sebi to Launch Performance Validation Agency for Verifying Investment Return Claims

Sebi to Launch Performance Validation Agency for Verifying Investment Return Claims

/ Indian Market

The Securities and Exchange Board of India (Sebi) is set to introduce a Performance Validation Agency (PVA) to verify claims of market outperformance made by various investment intermediaries, Chairperson Madhabi Puri Buch announced on August 2. Speaking at a FICCI capital market conference in Mumbai, she praised the National Stock Exchange (NSE) for its pioneering

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Netweb Technologies

Promoters Likely Sell Stake in Netweb Tech, Shares Worth ₹459 Crore Traded in Block Deal

/ Indian Market

Shares of Netweb Technologies worth ₹459 crore were sold in a block deal on August 2, with four promoters likely being the sellers in the transaction. Approximately 20.5 lakh shares, representing a 3.64% stake in the company, changed hands on the exchanges. The deal was executed at an average price of ₹2,232 per share, implying

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GST Collections Surge in July, Reaching Third-Highest Level Ever

GST Collections Surge in July, Reaching Third-Highest Level Ever

/ Indian Market

India’s Goods and Services Tax (GST) collections saw a significant rebound in July, reaching ₹1.82 lakh crore. This marks the third-highest monthly level ever, with revenue growth recovering to 10.3% from a three-year low of 7.6% in June. Revenue from domestic transactions grew by 8.9%, slightly down from June’s 9.4%. However, taxes collected on imports

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