Master of Philosophy (MPil) unrecognised: In a major development, the University Grants Commission on Wednesday issued an alert on the MPhil degrees offered across educational institutions in India. According to the circular, the UGC has said that MPhil is not a recognised degree and orders to ‘discontinue’ the M.Phil Degree. It has also told the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 24 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 […]
The rupee depreciated 13 paise to settle at 82.75 (provisional) against the US dollar on Tuesday as investors turned cautious in view of a negative trend in domestic equities and rising crude prices in the global markets. Besides, renewed forex outflows and a waning appetite for riskier assets also dragged down the local unit, forex […]
By Nagaraj Shetti After showing up move with high volatility on Tuesday, Nifty witnessed sharp upside bounce on Wednesday and closed the day higher by 197 points amidst intraday range movement. The opening upside gap remains unfilled. After the formation of positive hammer type candlestick pattern on the daily chart on Tuesday, the market gave […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Theoil pricesin the country have not been changed on 15 December 2022 and costs have been steady for about six months now. The last country-wide change in fuel rates was on 21 May this year, when Finance MinisterNirmala Sitharamanslashed excise duty on petrol by Rs […]
The rupee pared its initial losses to settle 4 paise higher at 82.02 (provisional) against the US dollar on Friday, tracking the weakness of the American currency in the overseas market. At the interbank foreign exchange market, the local unit opened at 82.12 against the American currency and finally closed at 82.02 (provisional) against the […]
TVS Supply Chain Solutions, part of TVS Mobility Group, has re-filed draft IPO papers with capital markets regulator Sebi and cut the fresh issuance size to Rs 750 crore from Rs 2,000 crore planned earlier.The company, which got approval from Sebi in May 2022 to float the initial public offering (IPO), did not launch the […]
Oil prices slipped in early trade on Friday but were on track to post gains of nearly 2% for the week as a rebound in China’s factory activity offset growing concerns about rising U.S. crude stocks and potential rate hikes in Europe. Brent crude futures fell 39 cents, or 0.5%, to $84.36 a barrel at […]
HCLTech’s Q4 results did not spring any major negative surprises. While a decline in engineering and research & development (ER&D) revenues disappointed, growth in BFSI and North America surprised positively. FY24 guidance of 6-8% for growth and 18-19% margins was in line with expectations. We cut our estimates by 2% on a higher tax rate […]
Indian equity indices ended Tuesday’s volatile session in the red. Erasing early losses, the 30-share BSE Sensex managed to close above 61,700 while the Nifty 50 settled below 18,400. The Nifty fell to a day’s low of 18,202 but towards the end of the session, it recovered over 180 points. The Sensex pared losses to […]
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