India’s fuel demand witnessed the sharpest rebound in February as petrol and diesel consumption rose by double digits after a winter lull in the previous month, preliminary industry data showed on Wednesday. Petrol sales of state-owned fuel retailers jumped 12 per cent to 2.57 million tonne in February, as compared to 2.29 million tonne of […]
By Rajesh Palviya NSE Nifty 50 index closed at 15294 with a loss of 908 points on a weekly basis. On the weekly chart, the index has formed a long bearish candle forming lower High-Low compared to previous week indicating weakness at current levels. Nifty Bank Outlook Bank Nifty started the week with a downward […]
By Rahul Shah After a painful start to the previous week, stocks enjoyed a massive bounce in the last two trading sessions and clocked the best weekly advance in more than a year on optimism over peace talks between Moscow and Kyiv, clarity by the US Fed on its future monetary policy and after Beijing’s signal that it […]
The accredited investor regime, introduced by the Securities and Exchange Board of India in August 2021, has failed to take off, with only 200-odd investors getting accredited so far, according to people in the know. Industry observers believe that onerous documentation and opaque rules are the fundamental constraints and Sebi may soon relook at the […]
L&T Construction on Thursday said that its Power Transmission & Distribution business has secured large orders in the Middle East region. In the United Arab Emirates, the business has received an order for engineering, supply, construction, installation, testing and commissioning a 400/132kV substation. The scope also includes associated transformer, reactor and Substation Control & Monitoring […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 7 April 2023, keeping costs steady for about ten 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 […]
Asian shares slipped on Monday after a run of upbeat economic data from the United States and globally lessened the risk of recession, but also suggested interest rates would have to rise further and stay up for longer. Bond markets took a beating in the wake of stunning reports on jobs and services, catching speculators […]
By Atul Soneja In 2023, the IT industry saw significant advancements in technologies such as Generative AI (GenAI), Digital Twins, the Internet of Things (IoT), and Machine Learning (ML), presenting organizations with a sustainable way to achieve excellence across industries. As we look ahead to 2024, emerging technologies, sustainability concerns, and evolving consumer preferences will […]
Wall Street was set to tap the brakes on Thursday as upbeat jobs data after a firm message from the Fed that it won’t be cutting interest rates any time soon offset China’s latest reopening plans.News that China’s mainland border with Hong Kong will be reopened after three years had sent Asian-Pacific shares outside Japan […]
By Nuvama Research FMCG major Godrej Consumer Products Ltd (GCPL) expects a double-digit sales growth in the domestic market for the December 2022 quarter. GCPL’s Q3FY23 update, is better-than expectations with a 9% y-o-y Ebitda growth (versus a 15% y-o-y dip in Q2FY23). This is the first quarter to showcase meaningful improvement under the new […]
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