This has been the best year for public sector unit (PSU) indices in a decade. The PSU index, comprising 56 listed firms, rallied over 53% in CY23. The other public sector index, BSE CPSE index with 57 stocks, has done even better, rising 71.7%. This is more than double of the benchmarks’ Sensex and Nifty-50, […]
At a time adverse headwinds are buffeting global trade, India must step up its engagement with the neighbourhood. Unfortunately, this has been a diminishing priority focus as its two-way trade with the region amounted to $33.5 billion or 2.9% of its global trade in FY23. In sharp contrast, China has notched up 1.8-times larger trade […]
Nifty and Sensex may open in green today amid positive global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 35 pts or 0.20% higher at 17,452.50 in the early morning trade. “FPI investment in March stood at Rs 7109 crores inclusive of the Rs 15446 crores invested by GQG through bulk deals […]
The Securities Appellate Tribunal on Monday set aside the `624 crore disgorgement order against the National Stock Exchange of India (NSE) by the Securities and Exchange Board of India (Sebi). NSE has been directed to deposit `100 crore for lack of due diligence to the Investor Protection and Education Fund created by Sebi. The direction […]
A Deloitte study has found that the ‘purchase intent’ for electric cars – percentage of respondents preferring an EV as their next vehicle – has reduced from 54% at the beginning of 2023 to 48% by October 2023. This is despite the fact that more electric cars were launched in India this year than hybrids […]
By Suneet Singh Kochar Presently, industries worldwide communicate in a language that is diverse, adaptive, and consistently evolving. So, to keep up with the competitive times and succeed in this unified space, students turn towards overseas education, wherein a progressive course communicates with the student’s aspirations. Overseas Education Students It is to be noted that […]
Madhabi Puri Buch has completed her first year as the chairperson of the Securities and Exchange Board of India (Sebi). A whole time member of Sebi from April 5, 2017 to October 4, 2021, Buch assumed charge as the Sebi chairperson on March 2, 2022. The first woman chairperson has tried to inculcate a culture […]
COVID-19 sub-variant JN.1 in India: Delhi has reported its first case of COVID-19 sub-variant JN.1. On Thursday, Delhi Health Minister Saurabh Bharadwaj there are no new cases of JN.1 subvariant of COVID in Delhi at present after one patient infected with the virus was discharged today. Bharadwaj has said that all health institutions have been […]
Indian share market is likely to start the week on a positive note, hinted SGX Nifty on Monday. Nifty futures were trading around 18,060 levels on the Singapore exchange. In the previous session, BSE Sensex rallied 303 pts to 60,261, while NSE Nifty 50 climbed nearly 100 pts to 17,957. “First, markets will react to […]
By Rahul Shah Indian equity managed to eke out its third straight weekly gain. Both the indices gained over 1.5 per cent during the previous week thanks to a near 8 per cent jump in shares of Reliance Industries Ltd. (RIL). Nifty gained 232 points to close at 16584 and Sensex advanced 885 points to […]
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