Business Today: 1st Hydrogen Train Flagged Off; Markets Defy Global Rout; RIL Promoters Hike Stake
The Business Today Show covers the latest developments in the corporate and financial sectors, highlighting the Indian stock market's resilience as the Sensex rallies over
The Business Today Show covers the latest developments in the corporate and financial sectors, highlighting the Indian stock market's resilience as the Sensex rallies over 900 points and the Nifty gains over 200 points, defying global uncertainties. The surge is driven by strong first-quarter earnings and robust buying in the IT and banking sectors. Investors are closely watching Reliance Industries ahead of its earnings report, especially after promoters raised their stake to 50.48 percent.
The bulletin also covers the launch of India's first hydrogen-powered train on the Jind-Sonipat route, marking a significant step towards clean mobility. Additionally, the show discusses the impact of the West Asia crisis on the tyre industry, with companies facing raw material inflation and implementing calibrated price hikes. Furthermore, reports indicate a 27 percent drop in India's derivatives turnover in July due to recent funding curbs and higher taxes.
Finally, the automotive segment addresses the ongoing debate over ethanol-blended fuel, clarifying that Mercedes petrol cars are compatible with up to 25 percent ethanol fuel. Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video. All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more. Stay tuned for latest updates and in-depth analysis of news from India and around the world! WhatsApp Channel
The BriefWire