Domestic indices opened in the red territory on Wednesday amid negative sentiment in the global markets. The markets fell on rate hike fears after Fed chair Jerome Powell’s hawkish statement. The BSE Sensex fell 160.64 pts or 0.27% to 60,063.82 and NSE Nifty 50 dipped 50.85 pts or 0.29% to 17,660.60. Bank Nifty plunged 118.70 […]
The rupee appreciated by 10 paise to close at 82.72 (provisional) against the US dollar on Monday, as the American currency retreated from its elevated levels. Forex traders said a muted trend in domestic equities and foreign fund outflows weighed on investor sentiments and restricted the appreciation bias. During the trading session, the rupee touched […]
The accredited investor regime, introduced by the Securities and Exchange Board of India in August 2021, has failed to take off, with only 200-odd investors getting accredited so far, according to people in the know. Industry observers believe that onerous documentation and opaque rules are the fundamental constraints and Sebi may soon relook at the […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Friday, 7 April 2023, keeping costs steady for about ten 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 […]
Gold price declined by Rs 355 to Rs 60,095 per 10 gram in the national capital on Monday amid weak global cues, according to HDFC Securities. The precious metal had settled at Rs 60,450 per 10 gram in the previous trade. Silver also tumbled Rs 420 to Rs 73,680 per kg. “Spot gold prices in […]
As the wheels of progress continue to turn, the Indian Ministry of Roadways has reached significant milestones in the year 2023, reaffirming its commitment to infrastructural development and connectivity across the nation. From ambitious roadway projects to the expansion and modernization of national highways, the ministry has been at the forefront of fostering economic growth […]
The Delhi Directorate of Education announced its intention to deploy rehabilitation para-professionals in the seven special schools it recently assumed control of, in accordance with the Rights of Persons With Disabilities Act 2016 and National Education Policy 2020. This decision stems from deliberations held in June during a meeting of the academic committee tasked with […]
Domestic indices ended Monday’s session in the red territory. The trade remained choppy during the day, the Sensex settled below 60,510 and Nifty 50 below 17,770. The top gainers of the BSE Sensex were IndusInd Bank (up 2.58%), Bajaj Finance (up 1.56%), Power Grid (up 1.05%), ITC (up 0.74%) and Bajaj Finserv (up 0.41%) while […]
The merger of PVR and INOX has created a multiplex behemoth with increased bargaining power and organisational/BS strength that would drive further share gains, enable investments in new growth areas, and potentially alter industry dynamics. The management has guided for annual synergies of Rs 225 crore in the next 12-24 months, suggesting a 15-17% upgrade […]
The India Rupee is likely to depreciate on Friday on the back of a strong dollar, rise in crude oil prices and risk aversion in global markets. Market sentiments were hurt as major central across the globe signalled that interest rates will go higher despite recessionary fears. Additionally, investors will remain cautious ahead of manufacturing […]
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