China-headquartered electric vehicle major BYD has announced the next phase of its European strategy with the construction of a brand-new manufacturing and production centre in Szeged, Hungary. The new facility the company claims will be the first of its kind built by a Chinese automotive company in Europe and will have the advanced car production […]
Oil prices steadied in early Asian trade on Tuesday after falling on strong U.S. manufacturing data that raised worries about further interest rate hikes dampening demand, while analysts predicted another build in American crude inventories. Brent crude futures for April, due to expire on Tuesday, lost 20 cents to $82.25 per barrel by 0137 GMT, […]
By Rohan Patil On the daily chart, prices have given a falling wedge pattern breakout on January 3, 2022, and have given a return of 3.60 per cent to date without a meaningful correction. Meanwhile on the broader time frame (weekly) prices have given a bullish flag pattern breakout and prices are inching near their […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Thursday, 16 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 […]
By Rajesh Palviya In Nifty current series there has been a Long addition witnessed with increase in price of 1.56% and increase in OI by 11% as of Wednesday wherein there was addition of 11.95 lakh shares in OI, increasing from 112.81 lakh to 124.84 lakh shares. Nifty current month rollover stands at 13% as […]
By Siddhant Mishra The Securities and Exchange Board of India (Sebi) on Tuesday gave its approval to the exchanges for introducing future contracts on corporate bond indices. This has been done with a view to enhance liquidity in the bond market and provide investors with the opportunity to hedge their positions. Sebi has stipulated in […]
GBA Capital, a Chinese venture capital (VC) firm, announced a $10-billion pledge to establish a Web3.0 fund. It is believed the announcement was made on December 26, 2023, during the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference, stated Cointelegraph. Sources revealed that the GBA Capital Web3.0 fund will invest in startups focusing on […]
Adani Enterprises shares surged 25% today, touching an intraday high of Rs 1965.50 on BSE after a freefall of 54% over the last eight trading sessions in the aftermath of the Hindenburg Research report, which accused the Adani group of manipulating stocks and money laundering. The other shares of the Adani group companies too were […]
The All India Motor Transport Congress (AIMTC), the apex body which claims to represent the trucking industry in the country has written a letter to the Prime Minister Narendra Modi and Home Minister Amit Shah to relook at the proposed Legislation on Hit-and-Run Cases under the Bharatiya Nyaya Sanhita, 2023. The transport body states that […]
Indian IT stocks fell on Monday after Accenture reported lower deal bookings in the first quarter of fiscal 2023, ending 30 November, at $16.2 billion, a 3% decrease in US dollars value. Despite reporting a 5% rise in revenues to $15.7 billion in US dollars and 15% in local currency over the same period last […]
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