Reliance Ind Set to Discuss 1:1 Bonus Shares on Sept 5 Board Meeting

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Reliance Industries Considers 1:1 Bonus Share Issue Reliance Industries Ltd (RIL), India’s most valuable conglomerate, is gearing up to consider issuing 1:1 bonus shares at its upcoming board meeting on September 5. This strategic move comes as the company, under the leadership of Mukesh Ambani, seeks to reward its shareholders amid a phase of robust … Read more

Indian Stock Market Gains Amid Broad-Based Buying, But Foreign Outflows Loom Large

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The Sensex and Nifty saw gains today due to broad-based buying, with both indices continuing their winning streak for the second day. The positive momentum was driven by a cooling off in oil prices, indicating a potential easing of tensions in the Iran-Israel conflict. However, analysts are cautious about the near-term outlook, citing concerns over … Read more

India’s Economic Strength Shines Amidst Global Challenges | Economic Affairs Secretary Highlights Resilient Growth

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The Economic Affairs Secretary of India, Ajay Seth, emphasized the resilience of the Indian economy, noting that despite global challenges, India’s GDP growth estimate for the fiscal year has been revised upwards from 7.3% to 7.6% in the second advance estimates. Speaking at the Development Committee meeting, Seth highlighted India’s exceptional performance amidst sluggish global … Read more