The Indian rupee opened marginally higher at 82.78 per dollar on Wednesday against the previous close of 82.85. The local unit is expected to depreciate, mainly on the back of a surge in crude oil prices and risk aversion in equity markets. Oil prices are rising on supply concerns after Russia signalled the possibility of […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate is trading lower on Friday due to mixed global cues, while the silver rate is down 0.82%. On Multi Commodity Exchange, gold April futures were trading at Rs 57,170 per 10 grams, down Rs 232 or 0.41%. Silver March futures were trading lower by […]
The Securities and Exchange Board of India (Sebi) has allowed non-promoter shareholders to offload their stake via the offer for-sale (OFS) route. At present, only the promoters or promoter group entities are allowed to sell stake through OFS. The minimum size of the offer will be Rs 25 crore, except for promoters or promoter group […]
A fleeting moment in western India on the evening of March 8 will remain etched in Nikita Punjabi’s memory forever: The first glimpse of her newborn daughter as the doctor held her up after delivery. Aniket Rai, nervously waiting during the birth, cried tears of joy when the nurse told him he had a baby […]
Having established their presence in the holiday home market of Goa and Lonavala, ALYF has now forayed into Alibaug as their next destination. They commenced their journey in this new location by initiating an apartment project alongside four luxury villas in the initial phase. Additionally, they have signed an MoU valued at Rs 100 crore […]
By Vivek Bajaj Megatrends are dominant, transformative forces that have the potential to change the global economy, business, and society and have been changing the way we live for centuries. Consider electricity, the automobile, the Internet and Smartphones. Identifying the possibility of change is the critical driver of investment decisions. The understanding of megatrends is […]
Taiwanese and South Korean share markets ended in red on Monday following weak sentiment in other Asian markets. FTSE TWSE Taiwan 50 Index fell 77.94 points or 0.7% to 10,989.49 and KOSPI Composite Index dropped 7.85 points or 0.33% to 2,352.17. The Taiwan 50 Index touched an intraday high of 12,484.23 and a low of […]
Positive global cues and strong buying in the tech, banking, and auto sectors lifted the benchmark indices for the second straight session on Monday. The Sensex closed above 60,000 for the first time since February 21, rising 415.49 points or 0.69% to 60,224.46. It has risen by 1,315.11 or 2.23% over the past two sessions. […]
Gold price rose Rs 35 to Rs 57,410 per 10 grams in the national capital on Thursday, according to HDFC Securities. The precious metal had ended at Rs 57,375 per 10 grams in the previous trade. “Spot gold prices in the Delhi markets traded at Rs 57,410 per 10 grams, up Rs 35 per 10 […]
India’s agri export basket is dependent on just five commodities including rice and sugar and this makes the sector vulnerable to fluctuations in global prices and demand, a report by economic think tank GTRI said on Monday. The Global Trade Research Initiative (GTRI) said these five products — basmati rice, non-basmati rice, sugar, spices, and […]