The national capital witnessed this winter’s densest fog on Tuesday morning with the visibility dropping to nearly 0 metres at the Indira Gandhi International Airport and several other areas of Delhi, as the temperature dropped to almost 7 degrees in the national capital, according to the India Meteorological Department. Morning visuals from Delhi’s India Gate, […]
By Deveya Gaglani Gold prices were under selling pressure last year after hitting an all-time of $2070 in 2022. Prices steadily declined after March 2022 as Fed started hiking interest rates and monetary tightening by central banks around the world, reducing gold’s appeal as an inflation hedge while raising the opportunity cost of holding the […]
By Siddhant Mishra In a year that saw significant volatility, some public sector bank (PSB) stocks stood out. Among the large-caps, Bank of Baroda was the bigger gainer, rising 126% since the turn of the year. According to Prabhudas Lilladher, the lender surprised the Street with its earnings, raking in higher profits, net interest income, […]
As Covid-19 cases ceased, it was perhaps the retail sector which benefitted the most, as consumers returned to brick-and-mortar stores. Infact, experts believe that this year has been a turning point for the retail industry. “The Indian retail industry which was valued at $836 billion in FY22 has clocked a growth of 34% in FY23. […]
Domestic indices opened in the negative territory on F&O expiry but turned green as the market sentiment improved. The NSE Nifty 50 rose 14.20 pts or 0.08% to 17,166.10 and BSE Sensex rose 53 pts or 0.09% to 58,267.87. Bank Nifty rose 41.65 pts or 0.10% to 40,040.70. The top gainers on Nifty 50 were […]
National Stock Exchange (NSE) on Friday said it will launch futures contracts on underlying WTI crude oil and natural gas in the commodity derivatives segment from May 15.This comes after the exchange, last month, received approval from markets regulator Sebi to launch the rupee-denominated Nymex WTI crude oil and natural gas futures contracts in its […]
Shaalaa.com, an e-learning platform, has witnessed a significant increase in female enrollment from the CBSE board. The proportion of girls utilising Shaalaa.com’s resources has surged from 46% in 2022 to 63.4% in 2023. Additionally, the platform has seen a 62% rise in the participation of girls from Maharashtra, opting for its free resources aligned with […]
President Droupadi Murmu on Monday gave assent to the three new criminal justice bills which were cleared by Parliament last week.The three new laws — the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act — will replace the colonial era Indian Penal Code, the Code of Criminal Procedure and the […]
Foreign institutional investors (FII) sold shares worth a net Rs 2422.39 crore while domestic institutional investors (DII) bought shares worth a net Rs 1953.4 crore on Friday, January 13, 2023, according to the data available on NSE. For the month till January 15, FII sold shares worth a net Rs 17,419.08 crore while DII bought […]
Yes Bank shares fell sharply in trade on Monday, down 8% to Rs 14.4 as the three-year lock-in period, since 13 March, 2020, expired, allowing private lenders and retail investors to sell their shares today onwards. Last week, the lock-in period for SBI, which was mandated not to decrease its holding below 26%, ended. The […]
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