As dense fog blankets Delhi affecting visibility in several areas, several trains were reported to be running late. According to the news agency ANI, several trains to and from Delhi have been delayed today (December 27) due to fog and low visibility in the national capital. #WATCH | Delhi: Some trains delayed due to fog […]
Industry players have urged the government to introduce an amnesty scheme to resolve long-standing disputes under the Customs laws in the upcoming interim Budget. “We have received proposals for introducing an amnesty scheme…but the Budget is unlikely to address this issue (given that it is just an vote on account and not the full Budget,” […]
The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to one stock/security on Wednesday, February 8, 2023. Ambuja Cements is the stock/security placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Wednesday. According to the NSE, the stocks mentioned above are prohibited in the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Monday, 6 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 Sameet Chavan The Indian equity market has snapped its winning streak of three consecutive days and witnessed decent profit booking at higher levels. The mixed global cues played a vital role in the session’s correction that got aggravated in the latter half, where the Nifty 50 index tested intraday low of 17511 level till […]
By Rohan Patil Bears continued to tighten their grip on the Indian market last week and closed in red with a fall of more than two per cent in two consecutive weeks. In the previous week, prices have formed a bullish ABCD harmonic pattern on the weekly chart and it continued to trade with the […]
By Mahavir Kaswa Financial markets around the world have had a rough start in 2022. Equity indices are tumbling from all-time highs and bond yields continue to trend upwards. Central Banks have begun raising rates and are tightening the supply of “easy money” to combat the woes of rampant inflation. The Russia-Ukraine conflict and lockdowns […]
By Jigar Trivedi Gold weakened past $1,860 an ounce on Friday and set to decline for the second straight week, weighed down by hawkish signals from Federal Reserve officials who reiterated their commitment to bring down inflation with more rate increases. Those developments came on the heels of stronger-than-expected US jobs numbers which could fuel […]
Oil prices fell in early trade on Wednesday after industry data showed a big build in U.S. crude inventories, rather than the decline forecast by analysts, reinforcing fears about weakening demand even as supply tightens. U.S. West Texas Intermediate (WTI) crude futures fell 30 cents, or 0.4%, to $75.09 at 0128 GMT, paring a 3% […]
Electrical appliance maker Havells reported revenue growth of 12.6% y-o-y in Q3FY23. However, Ebitda and PAT were down 3.8% and 7.3% y-o-y. While gross margin improved 75bps y-o-y, higher staff cost and other expenses as percentage of sales pulled the Ebitda margin down by 175bps y-o-y. PAT margin also contracted to 6.9%. While B2C sales […]
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