Morgan Stanley Capital International (MSCI) on Thursday said that some Adani group stocks should no longer be designated as free float after investors raised concerns over the eligibility of the Adani companies for some of its indexes. The changes for the Adani stocks associated with its MSCI Global Investable Market Indexes (GIMI) will be announced […]
The medical devices sector is an essential constituent of the healthcare sector and India is adopting a holistic approach to health with a vision to transform its health landscape by 2047, Union Health Minister Mansukh Mandaviya said on Monday.He said this after virtually launching “MedTech Mitra: A Strategic Initiative to Empower MedTech Innovators and Advance […]
Indian equity indices opened in green on Monday. The NSE Nifty 50 rose 192.10 points or 1.08% to 18,051.55 and BSE Sensex rose 642.60 points or 1.07% to 60,546.20. The top Nifty gainers were Hindalco, Tech Mahindra, Tata Motors, Tata Steel and UPL while Titan, HDFC Life, ICICI Bank, Hindustan Unilever and Eicher Motors were […]
Global pharma major Lupin Limited on Wednesday announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Loteprednol Etabonate Ophthalmic Suspension, 0.2 percent. The approval has been granted to market a generic equivalent to the reference listed drug (RLD) Alrex Ophthalmic Suspension, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 9 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 […]
By Prashant Joshi “I view gold as a currency, not a commodity. Its importance as a currency will continue to increase as the major central banks around the world continue to print money,” said John Paulson many years back, and the words couldn’t have been truer than that. One factor that usually affects gold prices […]
Oil prices inched up in early Asian trade on Thursday, extending gains from the previous two sessions on signs of a strong economic rebound in China, the world’s top oil importer, which offset worries about a rise in U.S. crude inventories. Brent crude futures rose 12 cents, or 0.1%, to $84.43 a barrel at 0231 […]
By Dharmesh Shah Equity benchmarks BSE Sensex and NSE Nifty 50 took a breather after two weeks of sharp up move amid inflation worries and mixed global. The Nifty 50 concluded the week on a subdued note at 17153, down 0.8%. Broader market relatively outperformed as Nifty midcap and small cap gained 1% and 0.3%, […]
Warren Buffett’s Berkshire Hathaway AGM 2023: Warren Buffett and Charlie Munger concluded the Q&A session today. They covered a lot of ground, including regional banking troubles, their scepticism around artificial intelligence “hype,” the rationale behind Berkshire’s recent investments in Japan, and the dollar’s status as a reserve currency, while offering up patented advice on investing. […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might continue to extend their losses, as Nifty futures traded 50 points lower at 17,713.5 on the Singaporean exchange. On Monday, the markets snapped a nine-day gaining streak, with Sensex giving up the 60,000 mark and closing 520 points lower at 59,910 […]
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