The Centre has hiked the windfall tax on locally produced crude oil, aviation turbine fuel and export of diesel with effect from Tuesday. The tax on locally produced crude oil has been hiked to Rs 2,100 per tonne from Rs 1,700 per tonne, according to a notification by the Central Board of Indirect Taxes and […]
Indian benchmark indices may open mildly in green on the weekly F&O expiry day, hinted SGX Nifty on Thursday. Ahead of the session, Nifty futures were trading 52 pts up at 18,002 level on the Singapore Exchange. In the previous session, BSE Sensex fell down 10 points to 60,105, while NSE Nifty 50 fell 18 […]
By Devarsh Vakil Last year before Diwali, India was grappling with the aftermath of the first Covid-19 infections wave and there were considerable uncertainties on how the pandemic will impact India and globe. Stock markets had recovered from a steep Covid-19 induced fall and benchmark nifty was pushing near pre-Covid all-time highs levels of 12000 […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session in the green territory. The NSE Nifty 50 rose 44.40 pts or 0.26% to 17,151.90 and BSE Sensex climbed 139.91 pts or 0.24% to 58,214.59. Bank Nifty rose 104.35 pts or 0.26% to 39,999.05. The top gainers on Nifty 50 […]
Shares of Raymond and Godrej Consumer Products (GCPL) were down up to 9% on the BSE in Friday’s intra-day trade after GCPL on Thursday announced the acquisition of the consumer products business of Raymond Consumer Care (RCCL), a subsidiary of Raymond. This would be an all-cash deal for Rs 2,825 crore. Raymond shares closed trade […]
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded up by 10.50 points or 0.05% at 21,569.50 indicating a lacklustre opening for domestic indices NSE Nifty 50 […]
By Bhavik Patel MCX Crude is trading in the range of 6,350-6,600. This week we had negative, as well as, positive news which kept bulls and bears both active but neither gained any upper hold. Middle of the week, US inventory came larger than expected which prompted sellers in action but prices recovered soon as […]
India will not bend over backwards to get included in the global bond indices, a top finance ministry official said on Saturday. Deploying a sartorial analogy, Finance Secretary TV Somanathan said the indices are an exclusive club or gymkhana, which insists on entry only for those wearing ties. He said there are both positives and […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 3 March 2023, keeping costs steady for about nine months now. In Delhi, petrol is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is retailing […]
The cost pressures of Divis Labs are easing across major factors, indicating improved profitability going forward. The outlook for contrast media segment remains encouraging, given DIVI’s capability to have better Iodine recovery and limited investment by formulators to manufacture API. The green-field capital expenditure at Kakinada would not only cater to the company’s growth requirements […]
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