Shipping firm Maersk says it is preparing to allow vessels to resume sailing through the Red Sea, thanks to the start of a US-led multinational naval operation to protect shipping from attacks by Houthi rebels in Yemen. Houthi attacks have led to a major disruption of shipping through the Suez Canal and the Red Sea, […]
Shares of Bajaj Auto Fall: Bajaj Auto share price fell over 5% to Rs 3,653 on Monday after media reports said that the two-wheeler maker is expected to take a cut of up to 25% in motorcycle and three-wheeler production across its export-focused plants next month. The company took the decision due to uncertainties in […]
The Indian Renewable Energy Development Agency (IREDA) will come out with an initial public offer (IPO) consisting of a stake dilution by the government, as well as fresh equity issuance by the renewable energy project financier, to raise capital for business expansion. “The IPO will help in unlocking the value of the government’s investment on […]
Consultants and service providers in the country have urged the government to stop routing domestic foreign currency deals via the US banking system, in order to avoid transaction fees and save foreign currency. Rather such domestic deals involving foreign currencies such as the US dollar should be routed through the Reserve Bank of India. At […]
Asia’s share markets slid on Tuesday, with Japan’s financial stocks leading losses as fear of a U.S. banking crisis gripped investors ahead of crucial inflation data due later in the day. Fallout from the collapse of U.S. lenders Silicon Valley Bank and Signature Bank widened overnight, despite government efforts to shore up confidence. Heavy selling […]
By Rajesh Palviya In Nifty current series there has been a Long Unwinding witnessed with decrease in price of -2.84% and decrease in OI by 7% as of Wednesday wherein there was unwinding of 7.69 lakh shares in OI, decreasing from 112.81 lakh to 105.12 lakh shares. Nifty current month rollover stands at 18% as […]
The Eastern Railway has revealed that around 3 lakh passengers hopped on board the North-South Metro in Kolkata on Christmas till 6 pm. Kausik Mitra, Eastern Railway spokesperson, told The Indian Express that the North-South Metro carried 2,98,116 passengers, marking a 17,753 jump than the figure recorded in 2022. Kolkata Metro passenger rush On December […]
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Fuel prices continued to stagnate on Thursday, 2 February 2023, keeping costs steady for about eight months now. In Delhi, petrol price is priced at Rs 96.72, while diesel in the National Capital is retailing at Rs 89.62 per litre. In Mumbai, petrol is […]
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was flat on Tuesday as traders await rate hike announcements from central banks across the globe, while silver rate was up 0.56%. On Multi Commodity Exchange, gold February futures were trading at Rs 54,159 per 10 grams, up Rs 27 or 0.05%. Silver March […]
By Rajesh Palviya NSE Nifty 50 index witnessed selling pressure throughout the week, dragging the index to close at its lowest point. Nifty closed at 16202 with a loss of 151 points on a weekly basis. On the weekly chart the index has formed a long bearish candle forming lower High-Low compared to previous week […]
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