Edible oil majors such as Adani Wilmar and Emami have begun cutting prices of key brands as they pass on the benefit of the drop in global prices to consumers. The food ministry had urged manufacturers to reduce prices in a meeting with industry bodies this week. “We have been reducing the maximum retail price […]
In a boost to the Rs 20,000-crore follow-on offering of Adani Enterprises, Abu Dhabi’s International Holding Company (IHC) on Monday said it would invest $400 million in the FPO via its subsidiary Green Transmission Investment Holding RSC. IHC was an investor in the offering’s anchor book as well. Also read: Markets Ahead: Nifty, Sensex recover […]
Renowned investor Warren Buffett remains optimistic that there would be plenty of investment opportunities despite the changes the world was seeing but struck a note of caution on US banks in light of the recent failures of Silicon Valley Bank, Signature Bank and First Republic Bank. At the Berkshire Hathaway’s shareholder meeting in Omaha on […]
Indian equity indices extended Friday’s gains and opened in green on Monday, January 16. The 30-share BSE benchmark rose 260.42 points or 0.43% to 60,521.60 and the NSE Nifty 50 rose 80.05 points or 0.45% to 18,036.65. The top gainers of the Nifty were HDFC Bank, Bajaj Finserv, IndusInd Bank, Bajaj Finance and HDFC Life […]
In a significant stride towards enhancing air connectivity and facilitating night landings, the Donyi Polo Airport in Itanagar, Arunachal Pradesh, has been granted an all-weather license by the Director General of Civil Aviation (DGCA). Chief Minister Pema Khandu joyfully announced this development, characterising it as a monumental leap for the northeastern state. The first greenfield […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices extended gains on Tuesday and ended the session in green. The NSE Nifty 50 rose 25.85 points 0.15% to 17,769.25 and BSE Sensex climbed 74.61 points 0.12% to 60,130.71. In sectoral indices, Bank Nifty advanced 42.75 points or 0.10% to 42,678.5 and Nifty […]
Indian benchmark indices are likely to open in green on Friday, hinted SGX Nifty. On the Singapore Exchange, Nifty futures traded 84 pts or 0.47% higher at 18,038 level. In the previous session, BSE Sensex tanked 774 pts or 1.2% to 60,205, while the NSE Nifty 50 plunged 226 pts or 1.2% to 17,891. “Indications […]
By Stephen S Roach, I have been in the forecasting business for more than 50 years. Over that period, I have heard the constant refrain that the world is in the midst of “unprecedented changes.” This popular trope frequently resulted in equally hyperbolic corollaries: breathless claims that we have never faced greater risks or such […]
Global markets will likely stabilise post geopolitical turmoil and central bank rate hikes, helping Indian share markets touch new highs in the calendar year, said Sachin Shah, Fund Manager, Emkay Investment Managers in an interview with Kshitij Bhargava of FinancialExpress.com. The conflict between Russia and Ukraine poses a near-term headwind for domestic equity markets – […]
The Indian stock market is home to many successful traders who have made their fortunes through astute investments and shrewd market moves. While scores of people and investors have made money through the markets, there are some investors who have made hundreds, or even thousands of crores of rupees. Among them are Radhakishan Damani, Rakesh […]
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