The rupee fell 40 paise to close below the 82 per US dollar mark on Thursday, weighed down by foreign fund outflows and corporate dollar demand. At the interbank foreign exchange market, the rupee opened at 81.81 against the greenback, and touched an intra-day high of 81.71 and a low of 82.20. Also read: Markets […]
The financial support extended to MSMEs securing the ZED (Zero Effect, Zero Defect) scheme’s certification has crossed Rs 100 crore. At the time of filing this report, Rs 105.20 crore in financial assistance was offered to MSMEs under the scheme. Since its launch in April 2022 to encourage environmentally sustainable manufacturing practices among MSMEs, 1.60 […]
Indian equity indices started Monday’s session in green. The BSE Sensex traded 334.56 points or 0.56% higher at 60,179.82 in early trading. The NSE Nifty 50 rose 97.55 points or 0.55% to 17,904.35. Mahindra & Mahindra, Tata Steel, HDFC Bank, Tata Motors and State Bank of India were the top gainers on Sensex while Sun […]
By Siddhant Mishra The Securities and Exchange Board of India (Sebi) has directed exchanges and clearing corporations to set up a platform by October 2023, the purpose of which would be to protect investors against any disruption of services at the trading members’ (TM) end. As a result, a platform to provide an Investor Risk […]
By Rahul Sharma Markets and the economy have come a long way from where we were last year. Uncertainty and doubt have been replaced by optimism and positivity. Good quarterly earnings, decent monsoon, India’s vaccination drive, festival demand, consumer spending picking up and low-interest rates all have ensured that Nifty has stayed right on top […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Petrol and diesel prices were constant on Friday, 5 May across New Delhi, Kolkata, Mumbai, and Bengaluru. Petrol rates and diesel rates have been steady over the last eleven months. However, individual cities see fluctuations in their prices everyday. The prices of petrol and diesel […]
Nikhil Kamath is still not looking to buy new-age internet companies such as Nykaa, Paytm, Zomato and others despite their strong correction so far this year. “I don’t like companies which do not make a profit, because I like valuing companies as a multiple of profit,” the co-founder of True Beacon and Zerodha told FinancialExpress.com. […]
By Dharmesh Shah Equity benchmarks extended profit booking over a second consecutive session and concluded the previous week on a subdued note. The Nifty skidded 2.4% to settle for the week at 17672. The broader markets performed in tandem with the benchmark and settled 2% lower. Sectorally, pharma, PSU Banks relatively outperformed while financials, energy, […]
For India Inc, hope springs eternal. If 2023 started with a hope of revival, growth and a pickup in private capital expenditure, the mood of corporate leaders before the world ushers in another new year is upbeat. Most have figured out uncertainty will remain the only certainty, but more importantly, have taken it in their […]
External Affairs Minister S Jaishankar engaged in discussions with Russian Foreign Minister Sergey Lavrov in Moscow, addressing the international strategic landscape and ongoing tensions. Stressing the robust nature of their relationship, Jaishankar highlighted the special and privileged strategic partnership during their 7th meeting this year. Anticipating a formidable Russian presence at the Vibrant Gujarat meeting […]
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