By Siddhant Mishra The Adani group on Wednesday filed its red herring prospectus with the regulator for a follow-on public offer (FPO) to raise ₹20,000 crore. The company has set the floor price of the offer at ₹3,112 per share, and the cap price at ₹3,276 a share for all categories of investors, it said […]
By Amol Agrawal Monetary policy is understood as an economic tool that adjusts money supply and interest rates of a nation to achieve macroeconomic stability in a country. Needless to say, money is central to monetary policy. However, over the last 30 years, it has been marginalised in the formulation of monetary policy. Now, due […]
WPI inflation data for March, quarterly earnings, global trends and foreign fund trading activity are major factors that will drive equity markets this week, analysts said. Investors would also focus on the movement of crude oil prices and the trend in the rupee against the US dollar. Wholesale Price Index (WPI) inflation data for March […]
The SGX Nifty signaled that domestic benchmark indices NSE Nifty and BSE Sensex might open on a positive note, as Nifty futures traded 36 points higher at 18,347 on the Singaporean exchange. Nifty and Sensex pared early gains and ended Tuesday’s session flat. Nifty 50 closed at 18,265.95 and the 30-share Sensex settled at 61,761.33. […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 6 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 […]
Indian stock indices pared early gains, slipping into negative territory and finally ending on a mixed note amid volatility on the first day of February as budget excitement settled. During the day, the BSE Sensex jumped over 1100 points, touching an intraday high of 60,773.44 and NSE Nifty 50 surpassed the 17,970 mark but immediately […]
Co-living startups are struggling for survival, with 41 of the total 116 firms shutting shop in 2023. According to Tracxn data, VC funding has shrunk by around 85% year-on-year for two consecutive years now. In 2023, the sector managed to raise only about $6 million down from $21.7 million in 2022. In 2021, the sector […]
Gold price declined Rs 305 to Rs 56,035 per 10 grams in the national capital on Thursday amid a fall in rates of precious metal in the overseas markets, according to HDFC Securities. The yellow metal had settled at Rs 56,340 per 10 grams in the previous trade. “Spot gold prices in the Delhi markets […]
After falling over 1% a day before, domestic indices remained flat on the monthly F&O expiry. The Nifty 50 was trading around 17500, while Sensex stayed below 59600. If Nifty settles below 17,500 today, or breaks the 17,350 level, then the lower targets of 17,035 & 16,600 are expected in the coming weeks. “Worst Case […]
Indian Oil Corp is planning to build a 10 billion rupee ($122 million) sustainable aviation fuel plant as global supplies run significantly short of what’s needed by airlines to meet decarbonization goals. The facility will have the capacity to produce 88,000 tons of SAF a year and Indian Oil is seeking to partner with other […]
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