By Emkay Research We expect the listed life and general insurance pack to report a good set of numbers overall, in Q3FY23. For life insurers, APE (annualised premium equivalent) growth y-o-y in Q3 will moderate from H1FY22 levels on account of the stronger Q3FY22 base and a marginal negative impact of the external environment in […]
The Union Cabinet chaired by Prime Minister, Narendra Modi has given its ex-post facto approval to the proposal of the Ministry of External Affairs to sign and ratify the Migration and Mobility Agreement between the Government of the Republic of India and the Government of the Italian Republic. The Agreement would enhance people-to-people contacts, foster […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 23 March 2023, keeping costs steady for about nine 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 […]
Equity benchmark Sensex climbed over 310 points to reclaim the 60,000 mark on Tuesday, propelled by robust buying in metal, bank and financial stocks amid a firm trend in global equities and continuous foreign capital inflows. Rising for the seventh straight session, the 30-share BSE Sensex rose 311.21 points or 0.52 per cent to finish […]
Taiwanese and South Korean stock markets ended Thursday’s session in red following the weak sentiment in global markets. FTSE TWSE Taiwan 50 Index fell 25.74 points or 0.23% to 11,245.62 and KOSPI Composite Index dropped 30.15 points or 1.26% to 2,369.10. The Taiwan 50 Index touched an intraday high of 11,271.36 and a low of […]
On Tuesday, the Ministry of Skill Development and Entrepreneurship released its Year-End Review for 2023, highlighting the initiatives and activities undertaken throughout the year. The ministry claims that an increase in the number of institutes has been observed, with 4,621 new establishments added since 2014, bringing the total to 14,953 by 2022—a growth of 47.77%. […]
– By Varun Tangri For the 36.6 Billion dollar-strong Indian retail technology landscape, the upcoming year, 2024, stands as a crucial juncture. This period will hold the promise of unveiling transformative trends, embracing profound digitization that permeates every aspect of retail operations, and giving rise to the concept of destination shopping, turning the act of […]
Adani Enterprises FPO (follow-on public offer) opened today for retail subscription, even as the company shares tanked over 3% to Rs 3,180 in the aftermath of the Hindenburg report. Adani Enterprises’ much-awaited follow-on public issue, with a price band of Rs 3,112-3,276 per share, will close on 31 January. Retail shareholders have a 35% reservation […]
Shares of Adani Group firms fell sharply in morning trade on Wednesday in line with an overall weak trend in the equity market. Adani Enterprises stock tumbled 9.31 per cent on the BSE. Shares of Adani Power declined 5 per cent, Adani Transmission fell 5 per cent, Adani Total Gas (5 per cent), Ambuja Cements […]
Oil prices rose on Friday on optimism that the U.S. Federal Reserve will ends its tightening cycle, buoying the economy and boosting fuel demand. Brent futures for March delivery gained 48 cents, or 0.6%, to $86.64 a barrel by 0113 GMT, while U.S. crude advanced 54 cents to $80.87 per barrel, a 0.7% gain. The […]