Truckers’ body All India Motor Transport Congress (AIMTC) on Tuesday said the government has assured that new laws concerning hit-and-run cases will be implemented after discussion with its members and urged truck drivers to call off their strike. A government source said that the issue has been resolved after the meeting with Union Home Secretary […]
Month: March 2023
Biofuel pact to reduce petrol, diesel dependence, says PuriBiofuel pact to reduce petrol, diesel dependence, says Puri
Petroleum and natural gas minister Hardeep Singh Puri on Monday said India will show the world a new path on biofuels, less dependent on petrol and diesel, through the Global Biofuel Alliance (GBA). He stated that Prime Minister Narendra Modi followed the mantra of Vasudhaiva Kutumbakam by launching the alliance that aims to position biofuels […]
Nifty to show a trend reversal or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to show a trend reversal or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat at 19,494, up marginally 0.06% during Thursday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Wednesday, the benchmark equity indices settled in negative territory. The NSE Nifty 50 fell 0.47% to settle at 19,436.10, while the BSE Sensex tumbled 286.06 points to […]
Zila Parishad Nagpur launches an entrepreneurship programme in district schools in collaboration with ULF and GAMEZila Parishad Nagpur launches an entrepreneurship programme in district schools in collaboration with ULF and GAME
Zila Parishad Nagpur (Secondary School Education Department) in collaboration with Global Alliance for Mass Entrepreneurship (GAME) and its alliance partner Udhyam Learning Foundation (Udhyam), launched the Entrepreneurial Mindset Development Programme (EMDP) for ninth grade students in 30 schools across Nagpur district. It aims to cultivate a mindset of entrepreneurship as well as upskill students through […]
Market repeatedly attempting breakout above all-time high, Nifty trend positive; check technical stock picksMarket repeatedly attempting breakout above all-time high, Nifty trend positive; check technical stock picks
By Nagaraj Shetti, Technical Research Analyst, HDFC securities Technical Observation — NSE NIFTY 50: Nifty shifted into a follow-through upmove on Wednesday amidst a range movement and closed the day with gains of 40 points. After opening with a positive note, the market continued its upside momentum in the early part of the session. Minor […]
Govt says will procure onion at higher pricesGovt says will procure onion at higher prices
The government on Tuesday promised to procure onion at Rs 2410/quintal, higher than the prevailing mandi price of Rs 2000/quintal, as it sought to help farmers hit by the prohibitive 40% export tax on the vegetable. However, onion farmers and traders felt the move would not make any significant difference in the market, as the […]
Stocks to watch: TCS, Tata Motors, Larsen & Toubro, BHELStocks to watch: TCS, Tata Motors, Larsen & Toubro, BHEL
Stocks in Focus: GIFT Nifty traded flat at 19,607, up marginally 0.01%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The NSE Nifty 50 gained 0.56% to settle at 19,545.75, while the BSE Sensex added as much as 405.53 points to 65,631.57. “The positive signal from the PMI data and […]
Gwanggu Lee succeeds Tae Jin Park as Kia India’s new MD and CEOGwanggu Lee succeeds Tae Jin Park as Kia India’s new MD and CEO
South Korean auto major Kia India has appointed Gwanggu Lee as its new Managing Director and CEO, effective immediately. He will be the 3rd Managing Director and CEO of the company in the country succeeding Kook Hyun Shim and Tae Jin Park. Kia India’s former MD & CEO Tae Jin Park has retired after a […]
IREDA IPO to be completed by March next yearIREDA IPO to be completed by March next year
Unlike many other planned transactions that are spilling over to the next financial year, the Initial Public Offer (IPO) of the Indian Renewable Energy Development Agency (IREDA) to sell a 25% stake in the company to the public, will be completed by March, a senior official told FE. The IREDA IPO will consist of a […]
Nifty 50 uptrend formation to continue, could rally to 18,925; LTTS, Eicher Motors, BPCL among stocks to buyNifty 50 uptrend formation to continue, could rally to 18,925; LTTS, Eicher Motors, BPCL among stocks to buy
By Shrikant Chouhan On last Tuesday, the benchmark indices witnessed a volatile trading session, Nifty ended 77 points higher while Sensex gained 261 points. Among sectors, selective IT stocks registered buying interest at lower levels whereas profit booking continues in media stocks, as a result the media index shed over 1 percent. Technically, after an […]