The ongoing digital transformation of the corner kirana stores, tens of millions of shops catering to 1.3 billion consumers, will matter for everyone from Unilever NV and Procter & Gamble Co. to St...
The Rs 625 crore issue was subscribed 83.29 times, with the quota for qualified institutional investors seeing bids for 67.45 times the quota limit and the retail quota 11.84 times the limit. The H...
Kilburn Engineering's board of directors will meet on 4 March to consider and approve a proposal for issue and allotment of equity shares by way of a preferential allotment and conversion of outsta...
With this, the indexes have recovered part of the near 4% slump on Friday that was sparked by rising bond yields. However, they ended down from the 2% high hit during the session amid profit booking.
Asian shares rallied on Tuesday as a halt in a recent bond markets sell-off calmed investor nerves and lifted riskier assets, although oil prices were on the defensive on fears of slowing Chinese e...
Asian shares are poised to rally on Tuesday as a halt in a recent bond markets sell-off calmed investor nerves and lifted riskier assets, although oil prices were on the defensive on fears of slowi...
LIVE markets: India's goods and services tax (GST) collection surpassed the Rs 1 trillion-mark for the fifth consecutive month, touching Rs 1.13 trillion in February
Crypto was once shunned at elite firms like Goldman Sachs, but is now gaining credibility as other banks and financial institutions outline their efforts.
Share Market LIVE Updates: Asian stocks extended their rally on Tuesday, casting aside concerns over a rise in bond yields, as treasury bonds remained stable. The S&P 500 recorded its highe...
Johnson & Johnson ended up 0.5%, but off earlier highs, after it began shipping its single-dose vaccine after it became the third authorized COVID-19 vaccine in the United States over the weekend.
Bitcoin and other cryptocurrencies are drawing increasing attention from mainstream financial institutions alongside a growing focus from goverment regulators as well.Citigroup’s full-throated back...
The Organization of Petroleum Exporting Countries and its allies must decide how much output gets restored -- and at what pace -- with current reductions amounting to just over 7 million barrels a ...
An analysis done by Jefferies shows India's MF AUM as a percentage of GDP at 12 per cent is among the lowest and a fraction of global average of 63 per cent
The progress in the US stimulus package and gross domestic product (GDP) growth in India for the quarter ended December 31, after two consecutive quarters of contraction, also helped sentiment
As per the stay obtained by SP Group, RHFL is prohibited from disposing, alienating, encumbering either directly or indirectly or otherwise part with the possession of any its assets, thus directly...
Spot gold was up 0.1% at $1,735.90 per ounce by 11:35 a.m. ET (1635 GMT). Gold rose as much as 1.5% to $1,759.53 earlier in the session, staging a strong comeback from a fall of about 3% drop on Fr...
Brent crude rose 51 cents, or 0.8%, at $64.93 a barrel by 11:29 a.m. EST (1629 GMT), and U.S. West Texas Intermediate (WTI) crude gained 28 cents, or 0.5%, to $61.78 a barrel.
The 13-member Organization of the Petroleum Exporting Countries pumped 24.89 million barrels per day (bpd) in February, the survey found, down 870,000 bpd from January. This is the first monthly de...
Hedge funds and other money managers sold the equivalent of 9 million barrels in the six most important petroleum futures and options contracts in the week to Feb. 23.
Most major investment banks were predicting a stellar 2021 for emerging market assets as long as one crucial snag - global borrowing costs rising too fast - was avoided. Well guess what, they are o...
Rohit Singre, Senior Technical Analyst at LKP Securities said, "Nifty has formed immediate support near 14,640-14,580 zone and good resistance is coming near 14,810 zone. Any break above said level...
In response to the outage at individual brokers’ platforms both BSE and NSE issued separate statements that operations were working fine.Brokerage firms which faced temporary technical issue in ear...
GST collections, which directly reflect the state of economic activity, had plummeted to a record low of Rs 32,172 crore in April 2020, after the government imposed a nationwide lockdown to curb th...
IIFL Finance, which is rated AA by Crisil, is offering NCDs worth Rs 1,000 crore including a base issue size of Rs 100 crore and a green-shoe option to retain oversubscription of up to Rs 900 crore.
In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65 per cent stake to s...
Bloomberg data showed, the Nifty CPSE index lost 42% in FY20, while the Nifty was down just 26%.The government-led stocks are way better in dividend yields, which makes CPSE ETFs attractive
Gold Price In India Today: Domestic spot gold closed at Rs 45,976 per 10 grams on Monday, and silver at Rs 68,466 per kilogram - both rates excluding GST
The other signatories are Multi Commodity Exchange of India Ltd, India INX International Exchange Ltd, National Securities Depository Ltd and Central Depository Services (India) Ltd, according to a...
Its proposed 'dual approval' system gives more powers to minority shareholders, without whose majority consent it will not be possible for companies to appoint or remove IDs
Unless there is any kind of rout in bond prices, yields are very less likely to bother us in the immediate term. We would be governed more by technicals unless there is any specifically harsh overn...
In a letter sent to Modi, the group cited a Reuters special report published last month that revealed Amazon has for years given preferential treatment to a small group of sellers on its Indian...
An army of amateur traders that has fueled a rally in heavily shorted stocks, or "stonks," such as GameStop Corp , has discovered the arcane world of SPACs. They are hearing about their obscure sto...
With the recent embrace by the likes of Tesla Inc and Mastercard Inc, bitcoin could be at the start of a massive transformation in going mainstream, Citi said in a report.The surge in interest drov...
Bitcoin moved in a wide range of $43,345.26-47,919.86 zone during the past 24 hours and was trading at $47,905.24, up by 5.3% at around 5.45pm IST, as per cryptocurrency tracker CoinGecko.
MACD indicator forecasts a sell-off in some of the top PSU stocks. Punjab National Bank, Bank of Baroda along with IndusInd Bank, Manappuram Finance and M&M Financial Services were among 54 stocks ...
In its latest quarterly report, the Swiss-based BIS also noted how wild retail trading-driven swings in stocks such as GameStop recently had helped whip up volatility.
Individuals whose provident fund contribution is Rs 2.5 lakh or more in a financial year, will not be able to seek tax exemption on the interest earned from the next financial year
India is auctioning 2,251.25 megahertz (MHz) of 4G airwaves valued at Rs 3.92 lakh crore up at base price. On sale are seven bands - 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500...
Gaurav Ratnaparkhi of Sharekhan said, “The index had reached the junction of 40-day EMA and the daily lower Bollinger Band on Friday. The parameters together acted as a good support for the index.”
Bitcoin Gains 6%: Citi said that with the recent announcements of Tesla Inc and Mastercard's investments, bitcoin could be at the start of a massive transformation in the mainstream.
In terms of signalling, Jio’s new plans suggest pressure on yields, compared to investors’ hopes of an increase. Of course, these plans are targeted at a segment that isn’t a very big contributor t...
Bitcoin, which has risen to $47,000 from $4,700 last March, could in the future become the preferred currency for international trade or face a "speculative implosion," Citi said.
The move could help bring more funds to InvITs and REITs, the hybrid models through which the government is attempting to channelise money into the cash-starved sector.
This time the bond markets were throwing tantrums because central bankers were not tapering. It is a non-taper tantrum, not the taper tantrum, says the EAC-PM Member.
On the Multi Commodity Exchange, gold contracts for April delivery traded higher by Rs 241, or 0.53 per cent, at Rs 45,977 per 10 gram in a business turnover of 13,545 lots.
On the Multi Commodity Exchange, aluminium for February delivery eased by 0.05 paise, or 0.03 per cent, to Rs 173.45 per kg in a business turnover of 741 lots.
Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 73.76 against the dollar and registered an intra-day high of 73.19
Nifty needs to continue to hold above 14,700 zones to extend its move towards 14,900 and then 15,000 zones, while on the downside, immediate support exists at 14,600 and then 14,500 levels.
China’s Inner Mongolia has banned cryptocurrency mining and declared its intention of shutting all such projects by April, spurring fears the world’s No. 2 economy will take more steps this year to...
Bitcoin is at a "tipping point" and could either become the preferred currency for international trade or face a "speculative implosion," Citi analysts said.
After a decade of underestimating inflation, central bankers in the United States, Europe and Japan have every reason keep money taps open and policymakers are even rewriting their own rules so the...
The current auction does not include frequencies in 3,300-3,600 Mhz bands that were identified for 5G services, which will happen later. Reliance Jio, Bharti Airtel and Vodafone Idea had submitted ...
The pan-regional STOXX 600 index rose 1.7%, tracking strong gains in Asian markets, while data showed manufacturing activity picked up pace in major euro zone economies in February.
Maruti Suzuki Share Price: On Monday, Maruti Suzuki India Limited opened on the BSE at Rs 6,950, touching an intra day high of Rs 7,032.85, and an intra day low of Rs 6,920, so far.
Last week’s sell-off in global bonds stabilized after central banks from Asia to Europe provided reassurance that policy support remains in place.Bets on accelerating inflation are raising concerns...
'Productive assets such as farms, real estate and, yes, business ownership produce wealth – lots of it. Most owners of such properties will be rewarded'
The job situation in other countries is also discouraging. February manufacturing PMI survey for South-East Asian nations including China, showed that companies are not in a hurry to fill vacancies.
The benchmark index jumped 2.04% to 1,894.94, the largest gain since Aug. 11, while the the Nikkei share average advanced 2.41% to 29,663.50, the biggest gain since Dec. 29, 2020.
The telecom major reported a consolidated net profit of Rs853.60 crore for the December quarter compared to a net loss of Rs1,035.30 crore in the year-ago period. Net sales during the period jumped...
The PBR ratio has a strong correlation with credit-to-GDP and output gap, which means that it captures the cyclical ups and downs well in advance. It is clear that not only investors but the RBI to...
Shyam Metalics tried to tap the capital markets in 2018 and received Sebi's nod in early 2019. But the company deferred its plans to list on the bourses.
While the longer-term narrative for Nestle's revenue and earnings growth remains extremely attractive, near-term concerns on valuations cannot be ruled out
On the National Commodity and Derivatives Exchange, refined soya oil for March delivery moved up by ₹12.6, or 1.08 per cent, to ₹1,205 per 10 kg in 38,455 lots
On the National Commodity and Derivatives Exchange, cottonseed oil cake for delivery in March traded up by ₹22, or 0.99 per cent, to ₹2,242 per quintal with an open interest of 1,01,530 lots
It had reaped benefits of covid-19 treatment drugs launched over the past few quarters. Sales of these, however, will likely to decline hereon. Though the fall will be compensated by a rebound in d...
Leading stock exchanges NSE BSE said all their operations are functioning in a normal manner after HDFC Securities flagged that confirmations were not received for orders placed in NSE cash segment
Sovereign gold bond scheme, that opened for subscription from today, will close on March 5. The issue price of the bond is the lowest in the last 10 months.
Total sales in the month include domestic sales of 147,483 units, sales to other Original Equipment Manufacturers (OEMs) at 5,500 units and exports of 11,486 units.
Both NSE and its rival BSE issued statements saying their systems were working normally after some investors complained about the issue on social media
With gold prices on a decline, thanks to a rise in bond yields - globally and in India - analysts say investing in the yellow metal and the SGB scheme makes little sense right now
Bitcoin is still up more than five times over the past year, a divisive rally pitting believers in a new asset class against naysayers who see a speculative bubble
The website was created after the government listed a bill banning all private cryptocurrencies such as bitcoin just a few days ahead of the Union Budget on 1st February
LPG Gas Cylinder Price: Non-subsidised LPG rates were hiked by Rs 25 in the national capital and the changes were implemented with effect from March 1, 2021
The stock has been seeing consistent buying after hitting a low in March. The stock price has bounced over three times from the low point, as constant order flows and a reduction in debt levels hav...
Stock exchanges said on Monday their systems were working normally after some investors complained on social media of certain technical issues with their brokers
The three-year lock-in period for Jio's existing users of JioPhone is coming to an end. So, analysts believe that the new offer is aimed at retaining Jio's 2G subscribers base. They, however, don't...
The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing ‘most of its value over time,...
Investors cheered progress over the $1.9 trillion covid rescue plan in the US. Stocks also gained, as 10-year US treasury yields dropped, easing investor concerns over widening of its gap with earn...
