Business

NEW DELHI: JSW MG Motor India on Wednesday reported a 55 per cent increase in sales at 7,516 units in December 2024, as compared to the year-ago month. The company recorded its highest-ever EV sales in December and NEV (new energy vehicle) sales accounted for over 70 per cent of the total sales with its crossover utility vehicle Windsor alone …

NEW DELHI: Bajaj Auto on Wednesday reported a 1 per cent decline in total sales at 3,23,125 units in December 2024 compared to the same month a year ago. Bajaj Auto said in a regulatory filing that the company had sold a total of 3,26,806 units in December 2023. Total two-wheeler sales were at 2,72,173 units last month against 2,83,001 …

Russian gas supplies to EU states via Ukraine have ended after a five-year deal between Ukraine’s gas transit operator Naftogaz and Russia’s Gazprom expired. Ukrainian President Volodymyr Zelensky said earlier that his country would not allow Russia to “earn additional billions on our blood” and had given the EU a year to prepare. The European Commission said the continent’s gas …

MUMBAI: The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields have been on an uptrend …

Technical Analysis: SAMCO Securities’ Derivatives Analyst Dhupesh Dhameja observed that Nifty continues trading in a confined range. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in green on Wednesday, the first trading day of the New Year 2025. While BSE Sensex rose 100 points, Nifty50 was above 23,600. At 9:31 AM, BSE Sensex was …

MUMBAI: The Indian stock market witnessed substantial growth in 2024. The National Stock Exchange’s growth across listings, market capitalisation, investor participation, and funds mobilisation is better than the previous year.The NSE annual report data reveals that as of December 31, 2024, a total of 2,671 companies were listed, up from 2,527 in 2023.The market capitalisation of these listed companies surged …

MUMBAI: The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.The weekly schedule of auctions to be held during the quarter along with the name of States/UTs who have confirmed participation, the RBI added in its notification.The central bank informed that the actual amount of …

Getty Images A group of MPs says compensation is not being paid quickly enough for the victims of the Post Office scandal and is calling for the government to face financial penalties if the process doesn’t speed up. The Business and Trade Select Committee said binding timeframes were needed, with any money arising from missed deadlines going to the claimants …

Getty Images Many bus passengers in England will face an increase in single fares from £2 to £3 from Wednesday. Leading campaign groups have said it would result in a “costly start” to 2025. The previous limit of £2 was introduced under the Conservative government to help with the rising cost of living. The Department for Transport said, however, that …

NEW DELHI: Growth in the country’s eight key infrastructure sectors rose to a four-month high in Nov, led by cement, coal and electricity sectors. Data released by the commerce and industry ministry on Tuesday showed the eight core sectors, spanning coal, crude oil, natural gas, petroleum/refinery products, fertilisers, steel, cement and electricity grew 4.3% in Nov, higher than the 3.7% …