Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC have approved the reverse merger in July. “….IDFC Limited and IDFC Financial Holding Company (IDFC FHCL) have received letters dated December 26, 2023 from RBI […]
Oil prices nudged higher in early Asian trade on Monday, supported by the prospect of tighter supplies from OPEC+ producers from May, but concerns about the global economic outlook capped gains. Brent crude futures gained 13 cents, or 0.2%, to $85.25 a barrel by 2356 GMT, while U.S. West Texas Intermediate crude was at $80.84 […]
India fared well both relatively and in absolute terms with respect to economic and stock market performance. Going ahead, we believe H1CY23 may turn out to be volatile as investors around the globe would seek answers to key puzzles such as: (i) How fast interest rate hikes come to a halt globally, (ii) Damage to […]
Campaign: Thanda Matlab Coca-Cola Brand: Coca-Cola Why the campaign rocks: The iconic ad campaign, ‘Thanda Matlab Coca-Cola,’ continues to stand out as a beacon of authenticity. Now more than ever, as ideas become prone to imitation, this campaign serves as a case study of a creative, insightful, and genuine marketing strategy. The team behind it […]
Kerala Police have registered a case against several veteran Congress leaders, including state Congress chief K Sudhakaran, Leader of Opposition in the Assembly V D Satheesan, Congress MP Shashi Tharoor, in connection with the violence in Thiruvananthapuram during the party’s march to the DGP office. The Museum police also registered the case against MPs Kodikkunnil […]
Asian shares eased on Friday, tracking a dive on Wall Street, while the dollar firmed as strong U.S. data revived fears the Federal Reserve will have to retain its hawkish stance to tame inflation. MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.69%, snapping a two-day winning streak. Wall Street’s major averages closed lower […]
By Shrikant Chouhan Bulls continued positive momentum for the third day in a row, the NSE Nifty 50 ended 62 points higher while the BSE Sensex settled 246 points up. Among sectors, strong buying was seen in reality and banking stocks. Amid sectoral indices, reality was the top gainer rallying nearly 2.5 per cent. Technically, […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Fuel prices continued to stagnate on Friday, 10 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 […]
KRAFTON, the South Korean video game developer and makers of BGMI, in association with RisingWings, announces early access for the popular archery simulation game ‘Archery King’ in India. The game is available for early access on Google Play Store, where players can download the test version of the game for free. ‘Archery King’ is a […]
The Indian rupee closed at a more-than-two-week low against the dollar on Wednesday as the greenback staged a recovery on firmer U.S. Treasury yields.The rupee finished at 82.2250 to the U.S. dollar, its lowest level since April 3. The currency’s previous close was 82.04.Technically, 82.20 is a key level and the break indicates further losses […]