The domestic share market recovered from initial losses to close more than 1% higher on Monday,as prospects of an Iran-US ceasefire boosted investor confidence.

Moody’s Ratings has lowered India’s GDP growth forecast for FY27 to 6% from 6.8% earlier, citing rising risks from the ongoing West Asia conflict.

India’s economic growth continues to be powered by a handful of states, with the top ten contributing nearly 70% of the country’s total economic output, while just three states account for 61% of exports,

The domestic share market indices closed with marginal gains in the volatile session on Thursday amid stronger rupee.

The price of commercial LPG gas cylinder has been hiked by Rs195.5, reports said on Wednesday.

The CBIC on Wednesday introduced a one-time relief measure allowing eligible SEZ units  to sell goods in the Domestic Tariff Area.