Asia’s shares pared losses on Tuesday as China’s economy recorded a stronger-than-expected recovery from punishing pandemic lockdowns last year that led to a major slowdown. MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.2%, a smaller decline than the 0.4% fall earlier in the session. China‘s economy grew 4.5% year on year for […]
By Siddhant Mishra The Securities and Exchange Board of India (Sebi) has published a consultation paper with respect to redressal of investor grievances. In order to enhance protection of investors’ interests, the regulator proposes to strengthen grievance redressal by leveraging the online dispute resolution mechanisms. Also Read: Sebi ban on trading of 7 commodities to […]
Indian benchmark indices are likely to extend gains on Tuesday amid strong global cues. SGX Nifty hinted at a positive start for the Indian share market as Nifty futures traded 75 pts higher at 18222 levels. In the previous session, BSE Sensex rallied 320 pts to 60,942, while NSE Nifty50 climbed 91 pts to 18,118. […]
By Rohan Patil Nifty 50 continued its bearish trend last week and the sell-on-rise strategy was valid for the entire week. Prices drift for a second consecutive week with a fall of more than three and a half per cent. Nifty has fallen almost 15 per cent in the last six weeks from 18110 to […]
Sequoia Capital India, an arm of the Silicon Valley fund that backed Apple and Google, is looking for partial exits from some of its portfolio companies ahead of the gestation period. The venture capital firm is looking to “unlock” values in Indian companies such as CarDekho, Dailyhunt, Healthkart, Meesho, ixigo and Turtlemint, among others, as […]
Asian shares slipped on Monday as markets were forced to price in ever-loftier peaks for U.S. and European interest rates, slugging bonds globally and underpinning the dollar near multi-week highs. Investors are braced for more challenging U.S. data including the closely-watched ISM measures of manufacturing and services, the latter being especially important following January’s startling […]
The geopolitical risks of the ongoing war between Hamas forces and Israel’s army engulfing the region have escalated with attacks on shipping vessels since November 19 by Yemeni Houthi forces in the Red Sea, the route to and from the Suez Canal which is the quickest way for goods to transit between Asia and Europe. […]
No-frills airline SpiceJet on Friday reported a higher net profit of Rs 107 crore in the three months ended December 2022, helped by better performance in passenger and cargo businesses. The carrier had a net profit of Rs 23.28 crore in the year-ago period. In the third quarter of the current fiscal, the airline’s net […]
Domestic indices turned green on Wednesday cheering lower US CPI and India’s WPI inflation figures. The NSE Nifty 50 rose 93.10 pts or 0.55% to 17,136.40, BSE Sensex climbed 332.42 pts or 0.57% to 58,232.61 and Bank Nifty surged 307.05 pts or 0.78% to 39,718.45. The top gainers on Nifty 50 were Larsen & Toubro […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 17 February 2023, keeping costs steady for about eight 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 at […]
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