Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Sunday, 5 February 2023, keeping costs steady for about eight 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 at […]
The Reserve Bank of India (RBI) remains alert and committed to act early and decisively to prevent any build-up of risks, said governor Shaktikanta Das. In his foreword to the 28th issue of the Financial Stability Report (FSR), the governor said that the health of the Indian financial system is steadily improving on the back […]
The consumer durable and electronics industry is betting on 2024 to drive a double-digit revenue growth with most of the headwinds, including unseasonal rains in the peak summer months, weak consumer sentiment due to the inflationary environment, and delayed liquidation of non-rated fan inventory, now appearing to be behind. Brands are expecting growth to come […]
Adani Group stocks surged on Friday after the removal of Adani Enterprises, Adani Power, and Adani Wilmar from the National Stock Exchange’s short-term additional surveillance measures (ASM) framework from today. The stocks were added to the framework eight days ago – two days after it was announced that Adani Enterprises would be excluded from the […]
The allocation for Production Linked Incentive (PLI) scheme is expected to remain unspent in the current financial year and will be reflected in the Budget savings as certification of products that will be eligible for benefits is taking time, a senior official said Wednesday. The budget outlay for auto sector PLI is Rs 604 crore. […]
By Dharmesh Shah The equity benchmarks snapped three weeks winning streak and settled the previous week on a negative note tracking weak global cues as sentiments dented by rise in U.S. inflation at 40 years high. The NSE Nifty 50 ended the eventful week at 16050, down 1%. Broader markets relatively outperformed the benchmark as […]
Equity benchmark indices Sensex and Nifty ended in the green on Thursday, climbing for the fourth straight day, amid fresh foreign fund inflows and intense buying in IT and telecom stocks.Buying in index majors Infosys and Reliance Industries added to the optimism in the equity market.The 30-share BSE Sensex climbed 348.80 points or 0.58 per […]
Uni Discovery, an education mentorship platform, has witnessed a surge in university education applications from 7-8 lakh Indian students. This surge is particularly evident among those aspiring to pursue studies in the United States, Canada, the United Kingdom and Australia, as per the press release. Remarkably, there is a discernible upward trend in applications directed […]
By Dharmesh Shah Equity benchmarks kick started the CY22 on buoyant note amid firm global cues. The Nifty ended the previous week at 17812, up 2.6%. The Nifty midcap, small cap indices performed in tandem with the benchmark by gaining 2%, each. Sectorally, financials, auto, metal remained at forefront while pharma, IT took breather ahead […]
Asian stocks and U.S. equity futures sank on Thursday while bonds and the safe-haven U.S. dollar and Japanese yen were bid as mounting evidence of a U.S. slowdown fuelled worries for a global recession. Investors were inclined to take money off the table after recent strong gains, and with many global markets off on Good […]