On domestic term deposits for senior citizens, an additional rate of interest of 0.50% per year will be given on deposits up to 10 crore.
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Monday, 31 October 2022
Sebi Bans Mehul Choksi from Securities Market for 10 years; Slaps Rs 5 crore Fine
Sebi on Monday barred fugitive businessman Mehul Choksi from the securities markets for 10 years
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Commercial LPG Cylinder Gets Cheaper by Rs 115.50; Check Rates in Delhi, Other Cities
Oil marketing companies on Tuesday slashed the price of per unit commercial LPG cylinder by Rs 115.50 with immediate effect.
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RBI Policy Rate Hikes to Continue But Will be Less Aggressive, More Calibrated: Ind-Ra
RBI believes that the monetary policy is still accommodative because the nominal policy repo rate if adjusted for inflation trails the 2019 levels even now, says India Ratings
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Q2 Results Preview: Airtel May Post Low-Single Digit Revenue Growth, Vodafone To Remain Flat
Q2FY23 financial results: Airtel's revenue is expected to grow in the range of 2 per cent to 4.5 per cent on a quarterly basis between Rs 33,421.7 crore and Rs 34,285.3 crore
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Maruti Suzuki Shares In Fast Track After Q2 Profit Jumps Fourfold; What Should Investors Do?
Maruti Suzuki Share Price Today: Maruti Suzuki crossed over the Rs 9,000 mark this week as investors made more buying in the stock
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Sunday, 30 October 2022
What is Rule 132 of Income Tax? Why Is It Important?
Rule 132 is introduced in the backdrop of disputes about whether cess or surcharge can be applied to income as a deduction or not.
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Stock Market Update: Sensex Rises 500 pts At Open, Nifty Above 17,900; Key Points
Sensex Today: Indian equity markets on Monday amid strong global cues and steady foreign inflows had a gap-up opening on the cards.
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DCX Systems IPO Opens Today: GMP, Price, Financials, Should you Invest?
DCX Systems IPO: The three-day initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription today, October 31, 2022.
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Saturday, 29 October 2022
Musk Orders Job Cuts Across Twitter, 75% of Workforce May Be Laid Off: Report
The report said that some managers at Twitter were being asked to 'draw up lists of employees to cut'
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India's Forex Reserves Decline $3.85 Billion to $524.5 Billion
Forex reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments
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Falguni Nayar Loses $1 Billion Within Fortnight As Nykaa's Shares Seeing Freefall
Nykaa's shares have plummeted about 28 per cent in about a month from Rs 1,376 apiece on the BSE to Rs 983.55 on Friday
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India To Become Global Economic Power With Collective Efforts, To Grow 10-Fold In 25 Years: Goyal
Piyush Goyal says a developing country can be taken to the level of a developed country with integrated economic growth and collective efforts
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DCX Systems, Global Health, Bikaji Foods, Fusion To Launch IPOs Next Week To Raise Rs 4,500 Crore
Volatility of the secondary market has led to a weak IPOs market in 2022 and it is expected to remain subdued going ahead, says an expert
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Friday, 28 October 2022
Crypto Exchange Binance, Musk's Co-Investor In $44-Billion Deal, To Help Twitter With Blockchain
Binance says it will brainstorm plans and strategies that could help Elon Musk run the platform
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Infosys Interim Dividend For FY23: Akshata Murthy To Receive Rs 64.27 Crore; Details Here
Infosys declared an interim dividend of Rs 16.5 per share, payable on November 10, for investors on record as of October 28
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Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here
The loan is being granted at an interest rate of 7.50 per cent per annum
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Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here
The loan is being granted at an interest rate of 7.50 per cent per annum
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Nykaa Shares Tank Another 7% To Hit Fresh All Time Low; What Should Investors Do?
Share price of FSN E-Commerce Ventures (Nykaa) continued its southward journey on Friday. The stock tanked 7 per cent to slip below the Rs 1,000 mark
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Thursday, 27 October 2022
Central Govt Allows These Employees To Opt For Old Pension Scheme; Details Here
The option for the old pension scheme is available in case of the employee's discharge from service on account of invalidation or disablement
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Stock Market Update: Sensex Opens Higher, Nifty Nears 17,800; Tata Chemicals Falls 4%
Sensex Today: Equity markets opened on a positive note Friday.
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Byju's To Take Rs 300-Crore Unsecured Loan From Subsidiary Aakash Educational Services; Details Here
The loan is being granted at an interest rate of 7.50 per cent per annum
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Credit Suisse Unveils 'Radical' Strategy As Q3 Loss Hits $4 Billion
Credit Suisse's revenues in the third quarter rises 4 per cent to 3.8 billion Swiss francs ($3.9 billion)
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How To Develop Your Business Ideas And Make Them Work With A Small Investment
The government can support entrepreneurs with monetary assistance, and tax benefits through schemes aimed at supporting entrepreneurial efforts and creating employment opportunities.
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UK-India Trade Deal With Rishi Sunak As British PM: Key Things India Must Focus On In FTA
The India-UK bilateral trade has seen a significant jump in the past decade rising 22.7 per cent to $13.1 billion between FY21 and FY10, then to $16 billion in FY22
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Wednesday, 26 October 2022
Stock Market Update: Sensex Jumps 350 pts At Open, Nifty Above 17,750; Rupee Gains
Sensex Today: Domestic equities opened on a positive note on Thursday amidst mixed global cues.
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Stocks to Watch Today: Indus Towers, Tata Steel, Hero MotoCorp, Tech Mahindra, and Others
Stocks to watch today: Shares of firms like Indus Towers, Tata Steel, Hero MotoCorp, Tech Mahindra, and others will be in focus in Thursday's trade
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Government May Introduce Fourth Tranche of Bharat Bond ETF in December
The money raised will be used by public sector businesses to fund capital projects.
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Tuesday, 25 October 2022
Google Slapped Rs 936.44-Crore Fine; Second Penalty By CCI In A Week; Check The Reason
CCI has asked Google not to impose anti-steering provisions on app developers and not restrict them from communicating with their users to promote their apps and offerings
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DCX Systems IPO Opens on Monday: 10 Key Things to Know Before Subscribing
The initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription next week on Monday
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Bhai Dooj 2022: Give your Loved Ones the Gift of Financial Security this Festive Season
Nothing defines festivities more than the joy of giving, or more precisely the joy of gifting
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Stock Market Holidays 2022: Is Stock Market Open Today? Check NSE, BSE, MCX Trading Timing
Stock Market Holiday: All trading activities across the nation will be closed today on the account of Diwali Balipratipada.
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Diwali Festivities, Upcoming Wedding Season Boost Gold Sales; Check Prices Here
Despite inflationary pressure, the sales of gold rose by 35 per cent this Dhanteras, which lasted from Saturday to Sunday, compared to last year.
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ICICI Bank Stock Surges, Hits Record High on Robust Q2 Results; What Should Investors Do?
ICICI Bank shares continued their northward journey with the stock hitting a fresh record high of Rs 942.7 apiece on the BSE in Tuesday's opening session
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Monday, 24 October 2022
Get the Gift of Good Health for Yourself and Your Family, this Diwali
Get a Comprehensive Health Insurance policy that would ensure access to quality healthcare in your time of need, and live worry-free while you enjoy every moment of this festival season.
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Diwali Muhurat Trading 2022: Samvat 2079 Begins On Auspicious Note As Sensex, Nifty Surge
Sensex was trading higher by 650 points to 59,960; while Nifty was higher by 185.1 points, or 1.05 per cent, at 17,761.40 points in the opening trade
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John Shaw, Husband of Biocon Chief Kiran Mazumdar Shaw, Passes Away
John Shaw was the former vice chairman of the Bengaluru-headquartered Biocon Limited
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How Virat Kohli's Sensational Innings Skipped UPI Transactions in India; Diwali Shopping Halted
Until the match started at 1:30 pm on October 23 in India, the ongoing festival season witnessed a high Diwali shopping rush in the morning and then later, it started fluctuation with the match
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China Q3 GDP Grows 3.9%, Tops Forecasts; Meaningful Rebound Elusive
Towards the end of Q3, domestic demand waned as a summer flare-up in coronavirus cases led to lockdowns and curbs while export growth slowed and the key property sector further cooled
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Diwali Muhurat Trading 2022: Stock Market Timings Today, Share Recommendations For Investors
The customary one-hour special Diwali Muhurat Trading session will be conducted on the BSE and NSE between 6:15 pm and 7:15 pm today
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Diwali Gifts: Know How Much Tax You Need To Pay On Them
Though the gifts you get are not considered your direct income, they attract taxes under Section 56(2) of the I-T Act unless they fall under the exempted category
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Sunday, 23 October 2022
Eight of Top-10 Firms Add Rs 2 Lakh Crore in Market Valuation; Reliance Lead Gainer
Barring HDFC Bank and Bajaj Finance, rest eight firms in the top-10 pack witness addition in their market valuation
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Saturday, 22 October 2022
India Inc Sees Decline In Deal Volumes, Values During July-September 2022: Grant Thornton
The merger and acquisition space records $4.7 billion across 79 deals during July-September 2022
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Sebi Bars Bombay Dyeing, Ness Wadia, Others from Securities Market for Up to 2 Yrs; Imposes Fines of Rs 15.75 Cr
Others banned and penalised by Sebi are Scal Services, a Wadia Group company, its then directors D S Gagrat, N H Datanwala Shailesh Karnik, R Chandrasekharan, and Durgesh Mehta, who was joint MD and CFO of Bombay Dyeing
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India's Forex Reserves Decline To Multi-Year Low of $528.37 Billion; Check Why
India's forex reserves drop $4.50 billion to multi-year low of $528.37 billion for the week ended October 14
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Droneacharya Aerial Innovations Files Draft Papers For IPO, To Be Listed On BSE SME; Details Here
Droneacharya Aerial Innovations will use the proceeds to purchase drones and other accessories, and other general corporate expenses
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Friday, 21 October 2022
NPS Vs Old Pension Scheme: Punjab To Restore Old Pension Scheme; Know Difference
Under old pension scheme, employees could withdraw 50 per cent of the last-drawn salary as pension after the retirement
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Dhanteras 2022: Date, Time, Puja Muhurat, Auspicious Timings To Buy Gold In Your City
The beginning of Trayodashi Tithi is set for October 22 at 6:02 pm, and it will end on October 23 at 6:03 pm
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Real Estate in Festive Season: Housing Properties Demand in Noida, Ghaziabad Jumps by Over 30%
With the work-from-home (WFH) and a hybrid model of working gaining a stronghold, customers are looking for bigger flats with separate rooms for home offices.
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Bank Holiday on Diwali? Banks to Remain Closed for 6 Days From Tomorrow; Know Details
Is Bank Closed on Dhanteras? Banks will remain closed for six consecutive days starting tomorrow, 22 October.
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GST: CBIC Considering Extending Deadline For Filing GSTR 3B, Know Why
Generally, 20th of every month is the last date for filing GSTR 3B
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Thursday, 20 October 2022
Stock Market Update: Sensex Gains 200 pts, Nifty Above 17,600 on Last Trading Day of Samvat 2078
Sensex Today: Domestic equity markets opened on a quiet note amid sombre mood overseas, higher yields, and firm crude oil prices.
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Infosys Permits Employees to Take Up External Gig Projects; Know Details
Amid debates over moonlighting, India's second-largest IT firm Infosys has allowed its employees to take up job opportunities outside the company with the prior consent
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Stocks to Watch Today: RIL, Hindustan Unilever, Axis Bank, Ambuja Cements, and Others
Stocks to watch today: Shares of firms like RIL, Hindustan Unilever, Axis Bank, Ambuja Cements, and others will be in focus in Friday's trade
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India on 'Wait & Watch' Mode; Trade Pact Talks on Track, New Delhi Says After Liz Truss' Resignation
Commerce and industry minister Piyush Goyal asserted that there is "no deal unless both are satisfied," and said the FTAs with UK, Canada and EU are well on track
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Wednesday, 19 October 2022
Gold Price Today: Check Rates of Yellow Metal In Your City Ahead of Dhanteras 2022
In the retail market, the precious yellow metal traded at Rs 50,560, witnessing a marginal drop from the level since Wednesday for 10 grams of the 24-carat variety.
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Uday Kotak Eyes $1 Billion Real Estate Fund: Report
Out of the total $1 billion, Abu Dhabi Investment Authority (ADIA) is expected to invest about $500 million into the property fund while Allianz SE could bring in about $220 million.
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Maharashtra RERA Asks Buyers of Delayed Mumbai Project to Not Withdraw Till Completion
The regulatory body's decision comes after close to three dozen homebuyers raised a complaint against the developer- Vijay Group- who began this project in 2015.
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"Excited" By Twitter Deal Despite Overpaying, Says Elon Musk
The world's richest person is pursuing the Twitter purchase after earlier trying to back out of the $44 billion deal.
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With China Running on Fumes, Time for India to Go Full Steam Ahead, Say Experts
A Chinese slowdown that is expected to continue with Xi Jinping’s increased emphasis on the ‘zero Covid policy’, combined with the chances of recession in Europe and America means good things for India
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Stocks to Watch Today: Tracxn Technologies, ITC, Axis Bank, Delhivery, and Others
Stocks to watch today: Shares of firms like Tracxn Technologies, ITC, Axis Bank, Delhivery, and others will be in focus in Thursday's trade
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Gold Price Today: Check Gold And Silver Rates in Your City on October 19
A survey of the gold industry has revealed that people in the know believe the precious metal will rebound in the coming year, despite higher interest rates.
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Nestle India Q2FY23 Results: Net Profit Up 8.3% To Rs 668 Crore; Rs 120 Dividend Declared
Sales growth was 18.2 per cent during July-September 2022 quarter, which is the highest sales growth during a quarter in the past 5 years
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On Dhanteras, Gold Prices To Be Higher Than Last Year But Sales Expected To Rise
This year, gold is estimated to be costlier by about Rs 4000 (per 10 grams) on October 23.
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Govt Should Have Moderate Disinvestment Targets, More Focus Should Be On Privatising: DIPAM Secy
High targets lead to a perception that the government will sell minority stakes in public sector undertaking, says DIPAM Secretary Tuhin Kanta Pandey
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Tuesday, 18 October 2022
Petrol and Diesel Prices Today: Check Fuel Rates in Delhi, Mumbai And Other Cities on October 19
The price of petrol and diesel per litre is Rs 96.72 and Rs 89.62, respectively in Delhi on October 19.
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Microsoft Lays Off Nearly 1,000 Employees Across Multiple Divisions: Report
Tech giant Microsoft has laid off nearly 1,000 employees across multiple divisions of the company, media reports said.
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Stock Market Updates: Sensex Gains 300 pts, Nifty Above 17,500; Key Points
Sensex Today: Domestic equity markets started at a tepid note on Wednesday amid mixed global cues, a stronger dollar, and persistent foreign outflows.
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Stocks to Watch Today: Nestle, Adani Enterprises, Tech Mahindra, ITC, and Others
Stocks to watch today: Shares of firms like Nestle, Adani Enterprises, Tech Mahindra, ITC, and others will be in focus in Wednesday's trade
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'Take Care of My Daughter. She is Unwell,' Pilot of Chopper That Crashed in Uttarakhand Told His Wife
The pilot was living in a posh housing society in the Andheri suburb of the metropolis and is survived by his wife Shireen Anandita and daughter Firoza Singh
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MSP Hike Approved For Rabi Crops; Govt Increases MSP on Wheat by Rs 110 Per Quintal
The Union Cabinet on Tuesday approved a hikes in Minimum Support Prices (MSPs) for all Rabi Crops for marketing season 2023-24.
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Gold Price Today: Check Gold, Silver Rates in Delhi, Mumbai and Other Cities on October 18
In the Indian retail market, gold traded at Rs 50,640, recording a downward price change of Rs 40 since Monday's level, for 10 grams of the 24-carat variety.
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Petrol, Diesel Price on October 18: Check Fuel Rates Today In Mumbai, Delhi And Other Cities
In the national capital, the price of petrol and diesel per litre is Rs 96.72 and Rs 89.62, respectively. Petrol costs Rs 106.31 per litre in Mumbai.
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Samvardhana Motherson Falls 7%, Hits Fresh 52-Week Low After Block Deal; Key Details
Shares of auto component major Samvardhana Motherson fell 6.93 per cent to hit a low of Rs 64.40 on BSE amid high volumes
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Monday, 17 October 2022
Stock Market Updates: Sensex Gains 500 pts At Open, Nifty Above 17,450; Zee Surges 5%
Sensex Today: Strong global cues, falling crude prices, and healthy domestic flows buoyed domestic equity markets in the northward direction on Tuesday.
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Stocks to Watch Today: Tata Coffee, ACC, ICICI Lombard, ZEEL, and Others
Stocks to watch today: Shares of firms like Tata Coffee, ACC, ICICI Lombard, ZEEL, and others will be in focus in Tuesday's trade
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UP Govt Hikes DA of Its Employees to 38 Pc from Jul 1, 2022
the UP government increased dearness allowance and dearness relief of its employees and pensioners from 34 per cent at present to 38 per cent with effect from Jul 1
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Gold Rates Today: Prices Remain Steady; Check Gold, Silver Rates in Delhi, Mumbai and Other Cities
Silver futures showed a rise as well, gaining 0.67% and trading at Rs 55,596.
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Sunday, 16 October 2022
Bitcoin Slips 2% Last Week, Remains Rangebound At $18,500-$19,500; Check Why It's Under Pressure
Bitcoin witnessed selloff to $18,300 levels after US inflation rose more than expected in September
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Electronics Mart India Listing: Shares Rise 52.5% on Debut; Should You Buy, Sell or Hold?
Electronics Mart India Share Price on NSE, BSE: The maiden public issue of Electronics Mart India was subscribed 71.93 times during October 4-7. Know if you should buy, hold or sell shares.
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Electronics Mart India IPO Listing on BSE, NSE Today: Time, Listing Price, Share Price
Electronics Mart IPO listing today: After the allocation of shares, bidders and market observers are eagerly waiting for the Electronics Mart IPO listing date. KNow details
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Stocks to Watch Today: Electronics Mart India, HDFC Bank, Avenue Supermarts, and Others
Stocks to watch today: Shares of firms like Electronics Mart India, HDFC Bank, Avenue Supermarts, and others will be in focus in Friday's trade
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PM to Launch Urea Bags Under 'Bharat' Brand, Release 12th Tranche of PM-KISAN Funds on Monday
The PM will also unveil an international weekly fertiliser e-magazine called 'Indian Edge' and inaugurate an agri-startup conclave
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Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23
Currently, 4 per cent annual interest rate is offered on post office savings for individual and joint accounts
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Mandatory GST e-Invoicing For Firms Earning Over 5 Crore From Next Year
GST Network has already asked its technology providers to get the portal ready to handle the increased capacity by the end of this year
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Saturday, 15 October 2022
Forex Reserves Up by $204 Million to $532 Billion in First Weekly Rise Since August
This is the first weekly rise in the kitty since the seven days ended August 27, when the overall reserves stood at $571.56 billion
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HDFC Bank Q2 Net Profit Jumps 22.3% To Rs 11,125.2 Crore; NII Up 19% YoY
HDFC Bank's total income rose to Rs 46,182 crore in the September 2022 quarter, from Rs 38,754 crore in the year-ago period
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TCS, Infosys, Wipro, HCL Tech Face High Attrition Rates; Know What Experts Say On The Issue
The primary reason for high attrition is that the growth opportunities are now relatively lesser in the IT sector as compared to other sectors
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Despite Global Headwinds, Indian Economy Will Stay on Course: FM Sitharaman
Sitharaman's remarks come during her intervention at the plenary session of the international Monetary Finance Committee
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Friday, 14 October 2022
Exports Rise 4.82% to $35.45 Billion in September; Trade Deficit Widens to $25.71 Billion
India's exports recorded a growth of $16.96 billion to $231.88 billion during April-September 2022
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India Unlikely to Be Hit as Hard by Global Recession as Other Countries: SBI Chairman
With a projected growth rate of 6.8 per cent and inflation "much under control", India is doing reasonably well
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World Dangerously Close to Recession, Warns World Bank President
World Bank President David Malpass says inflation problem, interest rate rises, and cutoff of capital flows to the developing world hits the poor hard
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Mindtree Shares Jump As Net Profit Rises, Strong Order Wins; Should you Buy, Sell or Hold?
Mindtree Share Price Today: Shares of Mindtree Ltd rallied more than 4 per cent to Rs 3,440 apiece on the BSE in Friday's early trading session
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Wholesale Price Inflation Eases To 10.7% In September; Diesel Sees Highest Price Rise
Inflation in September 2022 is primarily contributed by a rise in prices of mineral oils, food articles, crude petroleum & natural gas and chemicals & chemical products
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Petrol Price Today: Check Petrol, Diesel Rates in Your City on October 14
In other metropolitan cities like Mumbai, Chennai, and Kolkata, petrol is being sold at above Rs 100.
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Thursday, 13 October 2022
High-Level Panel Likely To Meet Next Week On Steps To Ease Essential Commodity Prices
The government is monitoring the price situation of all major commodities in the wake of geopolitical scenarios, including extreme weather conditions around the globe
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Singapore Airlines Pursues Air India Stake to Expand Market Presence
Singapore Airlines Ltd (SIA) said on Thursday it was in talks with India's Tata Group about a potential merger of Vistara, their joint venture airline, with Air India to give the Singaporean carrier a bigger foothold in South Asia.
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Tracxn Technologies IPO GMP, Share Allotment to be Finalised Soon, How to Check
The finalization of basis of share allotment of Tracxn Technologies IPO is expected to take place next week; Know Details
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Investment Inflows In Indian Realty Jump 18% To $3.6 Billion In January-September 2022: Colliers
Domestic investors have become more active in the market with their investment inflows accounting for an 18 per cent share, against 14 per cent a year ago
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Wipro Shares Slip Over 6% After Q2 Profit Takes a Hit; Should you Buy or Book Profit?
Wipro Share Price Today: Shares of IT major Wipro fell over 6 per cent in early trade today. Should investors book profit?
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TCS to Release Full Variable Pay to 70% of Employees in Q2 FY23; Check Details
TCS Variable Pay: Tata Consultancy Services (TCS) , the largest IT services company in India, would pay only 70 per cent of its employees variable pay in the second quarter of 2022
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Wednesday, 12 October 2022
Budget 2023 To Address Twin Problems Of High Inflation, Slowing Growth: Nirmala Sitharaman
India's retail inflation accelerated to 7.41 per cent in September, while IIP witnessed a fall of 0.8 per cent in August, as per latest data
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Sensex Drops 200 pts, Nifty Below 17,100; Wipro Tumbles 5% Post Q2 Results
Sensex Today: Domestic equity markets opened lower on Thursday amid weak global cues and subdued foreign flows.
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IT Major Infosys to Post Q2 Earnings Today; Demand Outlook, Share Buyback in Focus
Infosys will be in focus on Thursday ahead of its Q2 results. The IT major will also announce a buyback plan and interim dividend for FY23 today.
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Stocks to Watch Today: Wipro, HCL Technologies, Infosys, BPCL, Tata Power, IOC, and Others
Stocks to watch today: Shares of firms like Wipro, HCL Technologies, Infosys, BPCL, Tata Power, IOC, Hindustan Zinc, and others will be in focus in Thursday's trade
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Google Takes on Lease 4.64 Lakh Sq Ft Space at Adani Data Centre in Noida
The starting annual rent is Rs 130.89 crore and there will be 1 per cent increase in the rental every year
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Wipro Q2 Preview: Revenue May Jump 17% YoY; Moonlighting, Slowing Deal Wins In Focus
Analysts expect Wipro to deliver a constant currency growth of 4 per cent on a quarterly basis, with broad-based growth across sectors.
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India In Talks With Nations To Make RuPay Acceptable; Multilateral Bodies Need To Be Robust: Sitharaman
Multilateral institutions need to be robust and strengthened in order to give solutions, and voices of emerging markets will have to find traction, says Finance Minister Nirmala Sitharaman
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Tracxn Technologies IPO GMP, Subscription, Review; Should You Buy on Last Day?
Tracxn Technologies IPO Day 3: The three-day initial public offering (IPO) of Tracxn Technologies was subscribed 54 per cent on the second day of offer. Should you Subscribe?
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Intel Plans To Cut Workforce In Thousands To Reduce Costs Amid Slowdown In PC Business: Report
Some divisions, including Intel's sales and marketing group, might see cuts affecting about 20 per cent of staff
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Tuesday, 11 October 2022
Infosys President Ravi Kumar S Resigns
The company did not give any reason for the move which comes just days ahead of its second-quarter earnings announcement
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HCL Tech Q2 Results Today: Revenue, Margins to Improve; Attrition, FY23 Guidance in Focus
HCL Tech Q2 Results Preview: IT major HCL Technologies is expected to report healthy revenue in the July-September quarter (Q2FY23)
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Stocks to Watch Today: Wipro, HCL Tech, Suzlon Energy, Indigo, Power Grid, and Others
Stocks to watch today: Shares of firms like Wipro, HCL Tech, Suzlon Energy, Indigo, Power Grid, REC, and others will be in focus in Wednesday's trade
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Bank Q2 Results Preview: Banks to See Robust Growth; Loans, Deposits To Remain In Focus
Banking Q2 Preview: Banks are expected to show healthy profitability for the July-September quarter; Key things investors should watch out for
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TCS Q2 Net Profit Jumps to Rs 10,465 crore, Beats Expectations; Should you Buy TCS Shares?
India’s largest IT services company Tata Consultancy Services (TCS) on Monday reported a consolidated net profit of Rs 10,431 crore for the September 2022 quarter. Should you invest in TCS shares now?
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Tracxn Technologies IPO Day 2: GMP, Subscription, Valuation, Other Details; Should you Buy?
Tracxn Technologies IPO Day 2: The three-day initial public offering (IPO) of Tracxn Technologies received a tepid response from investors.
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Gold Prices Fall Sharply: Check Yellow Metal Rates Today in Delhi, Mumbai and Other Cities
On MCX India, gold futures traded at Rs 50,811, recording a dip of 0.42 per cent at 10:30 AM.
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Petrol, Diesel Price On October 11: Check Fuel Rates Today In Mumbai, Delhi And Other Major Cities
Petrol prices have surpassed the Rs 100 per litre mark in Kolkata, Mumbai, Chennai, Bhopal and Hyderabad.
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Monday, 10 October 2022
Stock Market Updates: Sensex Falls 100 pts At Open, Nifty Tests 17,200; Key Points
Sensex Today: Key benchmark indices opened flat with a negative bias amid weak global cues, muted foreign flows, and steady crude prices.
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Investing in Gold This Festive Season? Here's Some Advice From Research Analyst Bhavik Patel
Bhavik Patel, senior commodity/currency research analyst at TradeBulls Securities in an exclusive interview with News18.com talks about if investors should be investing in gold
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SBI Is Offering Cheapest 8.4% Interest On Home Loans; This Much CIBIL Score Is Needed
During the ongoing festive season, SBI is now offering home loans in the range of 8.40-9.05 per cent depending upon the CIBIL score
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Adani Group in Talks to Buy Jaiprakash's Cement Unit for $606 Million: Report
The acquisition will be made by one of Adani Group's recently acquired cement units, with an announcement expected as early as this week
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IDBI Bank Shares Jump 11% After Govt's Plan to Sell 60.72% Stake; Know Details
Shares of PSU lender IDBI bank rose as high as 11 per cent during the early trade on Monday, despite the weakness in the global markets. Know why
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Tracxn Technologies IPO Opens Today: Price, Financials, GMP, Should you Invest?
Tracxn Technologies IPO Day 1: The initial public offering (IPO) of Flipkart founders-backed Tracxn Technologies Limited will be launching its Initial Public Offer today
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Sunday, 9 October 2022
TCS Q2 Results Today: 5 Key Things To Watch Out For
Yes Securities said the management commentary on outlook on growth environment would be key thing to watch out for
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Stock Market Updates: Sensex Plunges 700 pts, Nifty Around 17,100; IDBI Bank Surges 10%
Sensex Today: The domestic equity markets amid weak global cues and rising crude oil prices opened on a tepid note.
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Stocks to Watch Today: TCS, Lupin, HDFC, IDBI Bank, Power Grid, and Others
Stocks to watch today: Shares of firms like TCS, Lupin, HDFC, IDBI Bank, Power Grid, and others will be in focus in Monday's trade
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Direct Tax Collection Jumps 24 Pc in First Half of FY23
Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that started on April 1, the tax department said on Sunday. The gross collection of taxes on corporate earnings rose 16.74 per cent during April 1 to October 8, while personal income tax collection jumped 32.30 per cent, the tax department said in a statement.
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BIMA Sugam Gets IRDAI's Nod – Here’s How This New Insurance Marketplace Will Work
Sugam will serve as a one-stop destination for all insurance needs, from policy purchase to claim settlement and everything in between
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Saturday, 8 October 2022
PPF Interest Rate for October-December 2022 Quarter Remains Unchanged; Check Details
PPF interest rate is reviewed by the government every quarter in a financial year
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Is Hallmarking Mandatory For Silver Jewellery, Coins?
The government made the hallmarking of gold jewellery mandatory in mid-June last year
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Bank FD: ICICI Bank vs HDFC Bank vs Kotak Mahindra Bank; Check Comparison of Latest Interest Rates
The back-to-back repo rate hikes in recent months have prompted banks to raise interest rates on both deposits and loans
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Infosys Faces Legal Action In The US For Gender And Age Bias
A former senior VP allegedly told the plaintiff that he wanted her to exclude women with children at home and candidates near or over 50 years old while hiring
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BSE's Social Stock Exchange: Know What Is this, How It Will Work
Social enterprises will be eligible to list on SSE; they are non-loss, non-dividend-paying companies established to address social problems
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Forex Reserves Drop $4.85 Billion to $532.66 Billion
The drop in the reserves was on account of a dip in the Foreign Currency Assets
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Friday, 7 October 2022
World Is In the midst of Fifth Wave of Debt Crisis: World Bank President
Around $44 billion in debt service payments from bilateral and private debt service have become due in some of the poorest countries in 2022 alone
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IDBI Bank Disinvestment: Govt Invites Expressions of Interest for Stake Sale; Check Details
The government and state-owned LIC together own nearly 94 per cent stake in IDBI Bank
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CNG, PNG Prices Hiked by Rs 3 Per Kg Each; Check Latest Rates in Delhi, Noida, Other Cities
CNG prices in Delhi now stand at Rs 78.61 per kg, compared with Rs 75.61 per kg earlier
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BSE Gets Sebi's In-Principle Approval For Social Stock Exchange As Separate Unit
Sebi in July notified a framework for SSE to provide social enterprises with an additional avenue to raise funds
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Share Trading: Investors, Brokers Need To Know This New Sebi Rule From Today
Under the new rule, unused funds lying with brokers need to be transferred back to the customer account by brokers after the end-of-day obligations
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Thursday, 6 October 2022
RBI Sells Dollars as Rupee Hits Record Low on US Rate Hike Fears
The Reserve Bank of India likely sold dollars via state-run banks on Friday after the rupee slid below 82 to a record low against the dollar
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Global Economy is Moving from a World of Relative Predictability to One of Greater Uncertainty: IMF MD
IMF Managing Director Georgieva says World Economic Outlook to be released next week would further downgrade the global growth projections
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Titan Shares Rally After Strong Q2 Results; Should you Buy, Sell or Hold?
Shares of Titan Ltd rallied more 5 per cent to Rs 2,744 apiece on the BSE in Friday's opening deals. Should you invest?
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Prashant Kumar Appointed Yes Bank MD & CEO; Key Things to Know About Him
Prashant Kumar was appointed as the managing director & chief executive officer of Yes Bank after the reconstruction in March 2020
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Stocks to Watch Today: Adani Group, HDFC Bank, NTPC, Nykaa, Titan, and Others
Stocks to watch today: Shares of firms like Adani Group, HDFC Bank, NTPC, Nykaa, Titan, and others will be in focus in Friday's trade
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Bharat Forge Shares Up 8.75% on Reports of Strong US Class 8 Truck Orders
Bharat Forge Shares: Shares of Bharat Forge Ltd. rose 8.75 per cent to Rs 769.6 in Thursday's trade
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EPF Interest Not Credited Into Your Account? Finance Ministry Tells Why
Finance ministry says interest is not visible in the statements in view of a software upgrade being implemented by EPFO to account for change in the tax incidence
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India's Services PMI Growth Slumps to 6-month Low In September on Cooling Demand -PMI
The S&P Global India services Purchasing Managers' Index fell to 54.3 in September from August's 57.2
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Wednesday, 5 October 2022
SpiceJet Shares Rally Nearly 9% on Report Of 1,000-Crore Additional Government Loan
SpiceJet Ltd shares jumped about 9 per cent to Rs 42 apiece on the BSE in Thursday's opening deals
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Electronics Mart India IPO Day 2: GMP, Valuation, Other Details; Should you Invest?
The initial public offering (IPO) of Electronics Mart India (EMIL) sailed through on the first day of the bidding process. Should you invest on Day 2?
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DLF Sells 292 Luxury Homes in New Project at Gurugram for Over Rs 1,800 Crore
Realty major DLF has sold all 292 luxury homes in Gurugram for over Rs 1,800 crore within few days of the launch of the project
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Stocks to Watch Today: Tata Steel, HDFC Bank, Jubilant FoodWorks, HCL Tech, and Others
Stocks to watch today: Shares of firms like Tata Steel, HDFC Bank, Jubilant FoodWorks, HCL Tech, and others will be in focus in Thursday's trade
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Wipro Work From Home Ends: Employees Asked To Attend Office 3 Days A Week
Wipro offices will be open on Mondays, Tuesdays, Thursdays, and Fridays
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Indian Companies' Credit Quality Strengthens in H1FY23; Three Times More Upgrades Than Downgrades
Real estate, textiles, financials, engineering, construction and roads sectors constituted the upgrade leaderboard for H1 FY2023, as per ICRA report
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Indian Not Included In JPMorgan's Bonds Index, Remains On Radar For Inclusion: Report
India is a large, deep and high-yielding market, will help to diversify as well as boost the average yield of the overall index
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Electronics Mart India IPO Subscribed 1.69 Times on Day 1; Check GMP, Financials
The Initial Public Offering (IPO) of consumer durables retail chain Electronics Mart India was subscribed 1.69 times on the first day of offer on Tuesday
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86% CEOs Globally Anticipate Recession Over Next Year: KPMG Survey
A strong majority of senior executives believe that a recession will disrupt anticipated growth, as per KPMG 2022 CEO Outlook
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Tuesday, 4 October 2022
Zee-Sony Merger Gets CCI Nod with Modifications; Know Details
Zee-Sony Merger: The Competition Commission of India (CCI) on Tuesday approved the mega-merger deal between media groups Sony and Zee
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Twitter Confirms Elon Musk Buyout Offer, Says Will Close Deal at $54.20 per Share
Elon Musk on Tuesday offered to push through with his buyout of Twitter at the original agreed price
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Stock Market Holidays 2022: Is Stock Market Open Today? Check NSE, BSE, MCX Trading Timing
Markets will remain closed on Wednesday on account of Dussehra festival celebrations across the country. On October 5
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Tracxn Tech IPO Opens on October 10; Price Band Fixed at Rs 75-80
The initial public offering (IPO) of Tracxn Technologies (TTL) will open for subscription on Monday, October 10
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Sensex Jumps 1,200 pts, Nifty Reclaims 17,200; Key Factors Why Market is Rising Today
Why is Stock Market Rising Today? Bulls came raging on the D-Street as indices reversed gear to post a rebound on October 4; Know why the markets are rising
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Gold Rates Today: Yellow Metal Prices Maintain Upward Trend; Check Rates in Mumbai, Delhi And Other Cities
The 24-carat gold after a Rs 550 jump from yesterday's level retailed at Rs 51,660 for 10 grams.
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PNB Introduces WhatsApp Banking for Customers and Non-Customers; Know How to Activate
Punjab National Bank (PNB) on Monday said it has introduced banking services through WhatsApp for both customers and non-customers.
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Monday, 3 October 2022
Petrol Price Today: Fuel Rates Below Rs 100 in These Cities on October 4
According to the most recent price announcement issued by fuel merchants, the price of petrol in Delhi on Tuesday remains at Rs 96.72 per litre, while diesel costs Rs 89.62 per litre.
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Sanmina and Reliance Industries Complete Manufacturing JV Transaction in India
Sanmina Corporation and Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries (RIL), announced they have completed the previously announced joint venture transaction
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Stock Market Update: Sensex Sprints 800 pts At Open, Nifty Above 17,150; Key Points
Sensex Today: The benchmark Sensex and Nifty indices opened firmly on Tuesday morning in tandem with global peers.
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Stocks to Watch Today: South Indian Bank, HDFC, Vedanta, Avenue Supermarts, and Others
Stocks to watch today: Shares of firms like South Indian Bank, HDFC, Vedanta, Avenue Supermarts, and others will be in focus in Tuesday's trade
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Nykaa Stock Surges 8% As Board Approves 5:1 Bonus Shares Issue; Check Record Date
The board of FSN E-Commerce Ventures, the parent company of e-commerce brand Nykaa, has announced five bonus shares for each share shareholders hold
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Wheat, Atta, Rice Prices Under Control; Sufficient Foodgrain Stocks Available, Says Govt
The government says it is regularly monitoring the price scenario of essential commodities, including wheat and rice, and taking corrective measures
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India's Manufacturing PMI Falls to 3-month Low as Demand Softens
Manufacturing Purchasing Managers' Index dipped to 55.1 in September from 56.2 in August
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What Happens to Unclaimed Investments from PPF, NSC or SCSS? How to Track Them?
If left unclaimed the money in PPF, NSC or any other similar saving/investment scheme is moved to a different government fund. Know Details
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Motherson Sumi Wiring Stock Rises As Shares Trade Ex-Bonus; Should you Invest?
Shares of Samvardhana Motherson started trading ex-bonus today, October 3, ahead of the record date for its bonus issue that it had recommended in the ratio of 1:2
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Interest Rates On Loans To Increase Further As RBI Expected To Hike Rate Again In December; Details
The RBI on Friday increased the repo rate by 50 basis points to 5.9 per cent, the fourth-time increase in a row
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Sunday, 2 October 2022
Electronic Mart India IPO Opens Tomorrow: Know About Company, Financials Before Subscribing
Electronic Mart India IPO Opens Tomorrow: The Rs 500 crore initial public offering (IPO) of Electronics Mart India (EMIL) will open on Tuesday, October 4 and will close on Friday, October 7.
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Stocks to Watch Today: Eicher Motors, Zydus Lifesciences, Poonawalla Fincorp, and Others
Stocks to watch today: Shares of firms like Eicher Motors, Zydus Lifesciences, Poonawalla Fincorp, and others will be in focus in Monday's trade
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Saturday, 1 October 2022
Applying For A Home Loan? Check The Steps And Documents Required
Once the loan is completely repaid at the end of the tenure, the borrower gets complete ownership of the property
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Petrol, Diesel Prices Today: Check Revised Fuel Rates in Delhi, Mumbai And Other Cities
The price of Petrol in Delhi on Saturday is set at Rs 96.72 per litre, while diesel costs Rs 89.62 per litre
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Real Estate: 2022 Likely To Be Best Year for India's Office Market, Says Colliers Report
Spurt in leasing is driven by a spillover in demand from the past two years, says Colliers India report
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UPI Transactions Up Over 3% at 678 Crore in September
In value terms, 6.78 billion (678 crore) transactions in the last month correspond to transactions worth Rs 11.16 lakh crore
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GST Collections In September Jump 26% To Rs 1.47 Lakh Crore
GST Collection In September: It is the seventh month in a row that the monthly GST revenues have been more than the Rs 1.4-lakh-crore mark
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Petrol, Diesel Not To Be Sold In Delhi Without PUC Certificate From Oct 25: Gopal Rai
Decision has been taken to control pollution in Delhi
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Govt Defers Additional Rs 2 Excise Duty On Petrol, Diesel; FinMin Issues Notification
Currently, 10 per cent ethanol is mixed with petrol in order to reduce crude oil imports
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