On the last day of the financial year and first day of the April series, the markets soared. Nifty touched a day’s high of 17,326, up 1.4% while Sensex gained 870 points to trade at the 58,837 level. All the sectoral indices and broader markets are trading firmly in the green as well. The top […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Theoil pricesin the country have not been changed on 21 December 2022 and costs have been steady for about seven months now. The last country-wide change infuel rateswas on 21 May this year, when Finance MinisterNirmala Sitharamanslashed excise duty on petrol by Rs 8 per […]
Gartner says in 2023, CMOs invested over a quarter of their marketing budgets on technology. But even though 25.4% of their marketing budgets were allocated to these tools, the utilisation of their organisation’s overall martech stack’s capability dropped to just 33% this year, marking a third consecutive year of decline (42% in 2022 and 58% […]
Amid new threats of fresh volcanic activities in Iceland, ground-breaking research has revealed that the plants surrounding the volcanoes turn greener just before the eruption is about to happen. The study shows that observing the plants and trees around the volcanoes can serve as effective warning system in the future. The research, led by McGill […]
Israel has put out a safety advisory for its people living in India and particularly in New Delhi after a ‘blast’ took place near its embassy in the national capital on Tuesday evening. Stating that the explosion could possibly be a “terror attack’, the Israeli National Security Council, in its advisory, asked Israelis to avoid […]
Oil prices rose in light trade on Tuesday on concerns that winter storms across the United States are affecting logistics and production of petroleum products and shale oil. Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up […]
India’s rates traders are on the fence about a quarter-point rate hike on Thursday, even though a majority of economists are predicting one. Policy decisions this week from some of the Reserve Bank of India’s global peers offer a good reason for the split. While Australia’s central bank bolstered the case for global doves by […]
Oil prices held their ground on Wednesday after tumbling in the previous session as markets braced for minutes from the U.S. Federal Reserve‘s December policy meeting. The Fed raised interest rates by 50 basis points (bps) in December after four consecutive increases of 75 bps each. If the Fed intensifies its rate hikes, that could […]
The Indian mutual fund industry, which has witnessed a 125 per cent surge in net inflows and around 24 per cent growth in Assets under Management (AUM) since the beginning of this calendar year, is likely to sustain its growth momentum in 2024, said a report by ICRA. The growth, it added, will be backed […]
The Indian Rupee is likely to depreciate on Thursday mainly on the back of a surge in crude oil prices. Oil prices rallied after data showed larger than expected draw in US crude stockpiles. Meanwhile, weakness in dollar and optimistic global markets sentiments may prevent a sharp fall in the local currency. Additionally, RBI’s monetary […]
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