SumCast

India Business News

News EN ↓ 22 episodes

Listen in to the top business headlines from India every weekday.

Be sure to visit the podcast's website and support the creator: redcircle.com

Author

SumCast

Category

News

Podcast website

redcircle.com

Latest episode

Dec 8, 2023

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Episodes

Friday, December 08, 2023 08.12.2023

Top things to know today morning: Indian Stock Market: After seven consecutive sessions of gains, benchmark indices took a breather on Thursday. Nifty fell below 20, 900, driven by selling in capital goods, FMCG, IT, and metal stocks. US Markets: Nasdaq surged 1.37% to 14,339.99 points on Thursday, driven by Alphabet and Advanced Micro Devices, boosting optimism about artificial intelligence. RBI&...

Thursday, December 07, 2023 07.12.2023

Top Things To Know Today Morning: Domestic equity indices extended their winning streak on December 6, marking the seventh consecutive day of gains. The bullish momentum persisted with notable buying activity in information technology and power sectors, coupled with continuous foreign inflows, propelling the benchmarks to achieve a new high for the third consecutive day. The Sensex concluded the d...

Wednesday, December 06, 2023 06.12.2023

Top Things To Know Today Morning: On Tuesday, the BSE Sensex surged by 431 points to reach 69,296, and the Nifty50 saw a climb of 168 points, reaching 20,855. The Indian rupee saw a marginal decline of 1 paisa against the U.S. dollar, closing at Rs 83.38. Brent crude oil futures settled at $77.20 a barrel, falling by 83 cents. Spot gold was down 0.4 percent at $2,018.29 per ounce. Dollar index was...

Tuesday, December 05, 2023 05.12.2023

Top Things To Know Today Morning: On Monday, India's benchmark indices ended at a fresh high, gaining 2% for the first time in a year. The Indian rupee weakened 7 paise to close at 83.37 against the U.S. dollar. Benchmark Sensex and Nifty indices are likely to open marginally lower. Brent crude futures settled down 85 cents, at $78.03 a barrel. US gold futures settled down 2.3 percent at $2,04...

Tuesday, October 06, 2020 06.10.2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the green. Oil prices climbed more than 5 per cent on Monday. SEBI comes out with uniform timeline for listing securities on private placement basis. Supreme Court has deferred the next hearing on loan moratorium to October 13. SEBI introduces very high-risk category in mutual fund schemes. Office absorption up 64% in...

Thursday, October 1, 2020 01.10.2020

Top Things To Know Today Morning: The Indian stock market is expected to have a gap-up opening. Oil prices fell for a second day on Wednesday. DGCA extends suspension of international commercial flights till October 31. India's external debt at $554.5 billion at June-end: RBI Government to borrow Rs 4.34 lakh crore in second half of FY21. Eight core industries' output contracts 8.5% in Aug...

Wednesday, September 30, 2020 30.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the green. Oil drops second day as surging coronavirus cases prompt demand worries. RBI defers CCB implementation by 6 months due to COVID-19. RBI gives more time to states to avail additional market borrowing, OD facility. Ministry of Power is working on a proposal to reduce power purchase costs. Automobile sales may...

Tuesday, September 29, 2020 29.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open flat. Oil slips as demand worries offset hopes for stimulus. Government keeps tight leash on expenditure. RBI postpones MPC meeting to next week. SEBI eases fund raising norms for REITs, InvITs. North Block is readying a draft Bill to amend the GST Compensation Act. Housing sales up 34% in July-September, unsold inventor...

Monday, September 28, 2020 28.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the green. Oil edges lower as rising virus cases cloud demand recovery outlook. RBI is likely to keep interest rates unchanged. Centre violates GST compensation law, says CAG report. India's economy to experience record contraction in 2020-21: S&P India's crude steel output falls over 4% to 8.48 MT in Augu...

Friday, September 25, 2020 25.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the green. Oil steady as market eyes coronavirus hit to demand. Centre extends suspension of proceedings under IBC by 3 months. US weekly jobless claims unexpectedly rise. Social security code is expected to revamp the growing gig economy. India Ratings maintains negative outlook on NBFCs, HFCs for H2 FY21. Indian ban...

Thursday, September 24, 2020 24.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open gap-down following weak global cues. Oil edges higher after U.S. crude, fuel stockpiles draw down. SEBI gives more time to trustees to appoint dedicated officer. Fed policymakers vow to keep interest rates near zero, call for more fiscal help. RBI discussion paper suggests 'sticky' food prices may be key to decid...

Wednesday, September 23, 2020 23.09.2020

Top Things To Know Today Morning: The Indian market is likely to open on a flat note. Oil falls after surprise rise in U.S. crude inventories. Japan factory activity struggles to recover as output falls. Shapoorji Pallonji Group calls separation from Tatas ‘necessary’. India's current account to register temporary surplus of $30 billion in FY21: ICRA MF investors to get units only when schemes...

Tuesday, September 22, 2020 22.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open flat-to-positive. Oil prices plunged more than 4 percent on Monday. Government hikes MSPs for all mandated Rabi crops. India government bonds miss out on JP Morgan index inclusion. SEBI revises guidelines for writing off securities by FPIs. SEBI puts in place framework to handle near zero, negative prices in commodity fu...

Monday, September 21, 2020 21.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open lower. Oil prices slip on potential Libyan oil return. Rajya Sabha passes amendment in Insolvency and Bankruptcy Code. RBI on possible pile-up in NPAs. India Inc's business sentiment recovers in July-September. 5% import duty on open cell used in TV manufacturing from October 1. PSBs report frauds worth over Rs 19,96...

Friday, September 18, 2020 18.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open flat Brent oil futures extended their gains to trade up 2.3 percent at $43.21 a barrel RBI announces OMO purchase of government securities worth Rs 10,000 crore Directorate General of Trade on anti-dumping duty Bank of England eyes negative interest rates Japan's August consumer prices fall at fastest pace in four ye...

Thursday, September 17, 2020 17.09.2020

Top Things To Know Today Morning: The Indian stock market is expected to open in the red following weak global cues Oil up more than 4% as U.S. stockpiles fall, hurricane hits output Fed touts economic recovery, vows to keep interest rates low Indian airlines seek $1.5 billion interest-free credit line from government US retail sales see modest gain, auto sales sluggish Asset under management of E...

Wednesday, September 16, 2020 16.09.2020

Top Things To Know Today: The Indian stock market is expected to open flat following mixed Asian cues. Oil gains as hurricane shuts U.S. output, stockpiles fall. Penalty on non-collection of margins to resume today. No insolvency proceeding for Covid-related default, Sitharaman places Bill in Rajya Sabha. LTCG exemption, lower tax for domestic investors to boost startup ecosystem. RBI issues draft...

Tuesday, September 15, 2020 15.09.2020

Top Things To Know Today: The Indian stock market is expected to open on a cautious note following global cues Oil prices slipped slightly on Monday amid concerns The Rupee recovered 6 paise to end 73.47 against the US dollar Bank credit grows by 5.49%, deposits by 10.92% India's retail inflation stood at 6.69% in August EPF withdrawals during lockdown at nearly Rs 40,000 crore Government has...

Monday, September 14, 2020 14.09.2020

Top Things To Know Today: Indian stock market is expected to open in the green. Oil mixed as storm threatens US gulf production. India's industrial output for July contracts 10.4%. Sebi says mutual funds can merge multi-cap schemes, or re-position under different category. FPIs turn net sellers in September, pull out Rs 2,038 crore so far. RBI remains net purchaser of US dollar in July, buys $...

Friday, September 11, 2020 11.09.2020

Top Things To Know Today: Indian equity market is expected to open in the red. India, China foreign ministers agree to quickly disengage border troops. IMF: India needs fresh fiscal stimulus to tide over COVID-19 crisis. US weekly jobless claims stuck at higher levels. India rice prices hit an 18-month peak as coronavirus strains export logistics. Stock specific news: Yes Bank says no merger plans...

Thursday, September 10, 2020 10.09.2020

Top headlines to know before the opening bell on September 10, 2020: *) The Indian stock market is expected to open flat amid Indi-China border tensions. At 8:05 am, the SGX Nifty was trading 7.50 points or 0.07 percent lower at 11,298.50. Sensex and Nifty ended lower on Wednesday dragged by selling in banking and IT stocks amid negative global cues. The BSE Sensex was down 171.43 points at 38,193...

Wednesday, September 9, 2020 09.09.2020

Top headlines to know before the opening bell on September 9, 2020.

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