India’s gold imports, which have a bearing on the current account deficit, dipped 24.15 per cent to USD 35 billion in 2022-23 due to global economic uncertainties, according to data from the commerce ministry. Imports of the yellow metal stood at USD 46.2 billion in 2021-22. The growth rate in the imports was in the […]
Digital lending startup Zype is focusing on expanding its customer base mainly in the tier II cities and beyond, in a bid to compete in a crowded consumer credit market in India, its founder and chief executive officer Yogi Sadana said. “These are the areas where you would see more of the employment generation, and […]
The Rs 20,000 crore follow-on public offering (FPO) of Adani Enterprises got off to a shaky start on Friday, with investors bidding for 470,160 shares against 45.5 million shares on offer, data from BSE as of 5 pm showed. This means an effective subscription of 1%. The quota for non-institutional and retail investors was subscribed […]
By Dharmesh Shah NSE Nifty 50 index started the previous week on a subdued note, however, buying demand emerged in the vicinity of 200 days EMA that helped index to recoup intra-week losses and subsequently surpassed our intermediate target of 17000. The weekly price action formed a bull candle carrying a higher low over the […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading higher on Tuesday, while the silver rate is up 0.12%. On Multi Commodity Exchange, gold June futures were trading at Rs 61,061 per 10 grams, up Rs 134 or 0.22%. Silver May futures were trading higher by Rs 95 at Rs 77,174 […]
A suspected Chinese spy balloon found flying over American land has caused the discord between the US and China to grow further. Analysts and experts believe that the mounting geo-political tension between the territorial giants could cause dismay for investors and markets across the globe. The balloon carried surveillance equipment, according to American officials familiar […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 14 April, as there was no change in the figures across major cities including New Delhi, Kolkata, Mumbai, and Chennai compared to Thursday. This is the second day that some of the major metropolitan cities have […]
The rupee gained 18 paise to 81.93 against the US dollar in early trade on Thursday tracking the broad weakness of the American currency in the overseas market. Forex traders said foreign fund inflows also supported the local unit. Also Read: Infosys share price slips 2% ahead of Q4FY23 earnings; experts predict muted revenue growth […]
Indian benchmark indices are expected to open firmly in green on weekly F&O expiry amid strong global cues. SGX Nifty hinted at a positive start for domestic equities as Nifty futures traded 111 pts or 0.61% up at 18361 levels. In the previous session, BSE Sensex plunged 635 pts or 1% to 61,067, while NSE […]
Riding on a rise in public offerings and direct sales, secondary sales by financial sponsors have been steadily rising since 2019 and recorded $4.6 billion in calendar year 2022 (CY22). However, this is nearly half of the $10.65 billion secondary sales recorded in CY21. The total exits by the financial sponsors – private equity and […]
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