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2025-05-31 15:54:54| The Economic Times

Union Finance Minister Nirmala Sitharaman emphasized the government's focus on promoting lower denomination currency and increasing digital transaction awareness. With the Rs 2000 note nearly out of circulation, efforts are underway to encourage digital transfers, highlighted by UPI's record 16.73 billion transactions in December 2024, reflecting India's move towards a cashless economy.

Category: News and Media

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2025-05-31 13:44:41| The Economic Times

Foreign Institutional Investors (FIIs) have shown renewed confidence in Indian equities, becoming net buyers for the second consecutive month. May saw a net inflow of Rs 18,082 crore, following April's Rs 4,243 crore. This reversal follows heavy selling earlier in 2025, driven by global factors like a strong dollar. Improved macroeconomic indicators, slowing growth in the U.S.

Category: News and Media

2025-05-31 12:12:37| The Economic Times

Markets ended cautiously amid trade tensions. Nifty is consolidating, with key levels at 24,164-25,150. Bank Nifty eyes a breakout above 56,100. FII activity suggests caution. IT and Pharma stocks show strength. Reliance and HDFC Bank may breakout. Banking and Midcap IT are favored. Traders should navigate the June series with range-bound strategies and tight stop losses.

Category: News and Media

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02.06 Monday Watch 02.06 Nykaa shares in focus after reporting 193% YoY surge in Q4 PAT 02.06 Asian stocks drop, gold rises in risk-off start to week 02.06 New launches to drive Sun Pharmas future growth; PAT may take a hit by tax surge 02.06 Bank investments in MFs soar 91% in FY25 amid subdued lending, surplus liquidity 02.06 Is the BFSI sector set for a major breakout in June? 02.06 Double cheer continues for India Inc in Q4 profit growth 02.06 Nifty's breakout above 25,150 to pave way for 25,500: Analysts More »