By Shrikant Chouhan The benchmark indices bounced back sharply, the Nifty 50 ended 214 points higher while the BSE Sensex was up by 750 points. After an early morning selling pressure one more time the Nifty/ Sensex held the level of 17000/56900 and recovered sharply. From the day’s lowest level, the Nifty/ Sensex rallied over […]
At least 68 people were killed by an Israeli strike in central Gaza, health officials said Sunday, while the number of Israeli soldiers killed in combat over the weekend rose to 15. Associated Press journalists at a nearby hospital watched frantic Palestinians carry the dead, including a baby, and wounded following the strike on the […]
By Rupa Bohra India surprisingly ranks among the 20 lowest countries in terms of female workforce participation. With only 29.4% of women aged 15 to 59 actively participating in the labor force between 2012–2022, a concerning decline from its 2004 peak of 35%, the nation’s economy remains largely untapped. However, the potential that they possess, […]
Vedanta share price rose 0.53% to Rs 286.60 on Thursday after the group’s chairman Anil Agarwal assured investors that the company has enough funds to pay upcoming debt maturities worth $900 mln. The billionaire in an interview said that the group’s commodities businesses were ‘throwing off enough cash’ and expects $9 bln of profit across […]
Congress leader Rahul Gandhi will embark on the ‘Bharat Nyay Yatra’ from Manipur’s capital Imphal on January 14 and culminate in Maharashtra’s Mumbai on March 20. The Yatra comes a year after the culmination of the 4,500-km foot march undertaken by the Congress MP between September 7, 2022 and January 30, 2023. While the Bharat […]
Led by Dr Naresh Trehan, renowned cardiologist, Global Health Ltd (Medanta) is amongst the top private hospitals in North India, specialising in cardiology and cardiac science, neuroscience and oncology. Medanta’s strong positioning in North India along with expansion in underserved areas like Lucknow and Patna should drive 17% revenue CAGR along with 70bp margin expansion […]
By Raghvendra Nath Equity Markets provide an instant reflection of everything happening in the Economies, directly or indirectly. Markets have been known to price risk better than anyone else. One may even say that markets are a true reflection of the collective wisdom of all participants, big and small. The nature of Equity markets is […]
The Central Government on Thursday cut the windfall tax or the special additional excise duty (SAED) on domestically produced crude oil and diesel exports. The windfall tax on crude petroleum produced by companies like the state-owned Oil and Natural Gas Corporation (ONGC) has been reduced to Rs 4,350 from Rs 5,050/tonne as per the previous […]
By Rohan Patil It was a bear controlled week for the Indian bourses where prices closed in red for the four consecutive days and lost almost 500 points after registering a lifetime high of 18604.45 on October 19. On the daily chart prices are trading within the rising channel pattern with a higher high higher […]
By Rahul Shah Equity benchmark index completed a third monthly slide (Sensex down 883 points or 1.5% in April) this year as higher oil prices, geopolitical tension, FIIs selling, prolonged war between Russia-Ukraine and sharp decline in global market dampen the sentiments. After trading within a 500-point range for the entire week, the Sensex ended […]
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