India is poised to establish a National Maritime Domain Awareness Centre (NMDAC) in response to emerging threats in the Indian Ocean Region (IOR). “The primary objective of the NMDAC is to meticulously gather, analyze, and provide actionable intelligence to address maritime challenges such as terrorism, piracy, trafficking, and illegal fishing,” explained a source in the […]
By Rajesh Palviya In Nifty current series there has been a Short Covering witnessed with increase in price of 5.77% and decrease in OI by 54%as of Wednesday, wherein there was unwinding of 60.75 lakh shares in OI, decreasing from 112.89 lakh to 52.14 lakh shares ahead of the monthly expiry. Nifty current month rollover […]
Mukesh Ambani-led Reliance Industries Ltd (RIL) is expected to report a moderate growth in net sales in the range of 3-9.8 per cent for the fiscal fourth quarter ended March 31, 2023 and double-digit growth in EBITDA with estimates going as high as 20 per cent. “Reliance Industries (RIL) is expected to witness a strong […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Wednesday, 22 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 […]
By Bhavik Patel Gold price managed to sustain above $1800 and will end solidly 2022 by giving returns of almost 14 percent in MCX. For the 2023 outlook, we might see gold pushing above $1900 as sentiment started shifting from November this year. We will see a peak in the US Federal Reserve’s monetary policy […]
Sugar stocks have been rising for the past few days as sugar production fell 3% amid increased demand in the summer season. Due to unseasonal rainfall in some parts of India, production has dropped and many mills that keep crushing sugarcane by June or July, until the monsoon arrives, have wrapped up operations early, according […]
The Dow and S&P 500 indexes eyed a higher open on Monday ahead of a key inflation reading during the week that will be scrutinized for whether the Federal Reserve’s efforts to cool prices were taking hold, while shares of PacWest led a rally among regional banks.Regional lenders’ shares stretched gains from a rebound on […]
As Israel intensifies efforts to regain control of northern Gaza from Hamas militants, the region witnesses persistent aerial bombardment and shelling. The town of Jabalia is enveloped in thick smoke as Israeli tanks advance further into the area, prompting concerns and condemnation. US-Israel Talks on Military Operations Amid the ongoing conflict, US President Joe Biden […]
U.S. stock futures rallied in Asian trade on Monday as authorities announced plans to limit the fallout from the collapse of Silicon Valley Bank (SVB), while investors wagered future hikes in U.S rates would now be less aggressive. In a joint statement, the U.S. Treasury and Federal Reserve announced a range of measures to stabilise […]
The Japan Aerospace Exploration Agency (JAXA) recently made a significant announcement about its “Smart Lander for Investigating Moon” (SLIM) mission, confirming its successful entry into lunar orbit at 1.21 PM IST. If the mission accomplishes its objectives, Japan will join a select group of nations capable of executing a soft landing of a probe on […]
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