Month: March 2023

Rupee erases yearly gains; rise in dollar demand from oil imports, bargain buying weighs on Indian currencyRupee erases yearly gains; rise in dollar demand from oil imports, bargain buying weighs on Indian currency

By Dilip Parmar The Indian rupee erases yearly gain in the week gone following the dollar demands from the oil importers and bargain buying. The fall in Asian currencies, risk-averse sentiments, absence of central bank’s intervention and gain in crude oil prices weighed on the local units. Spot USDINR gained 0.86% or 70 paise to […]

ESG investing in angel networks: The importance of social and environmental impactESG investing in angel networks: The importance of social and environmental impact

By Prateek Toshniwal Angel investing has long been a critical source of funding for early-stage companies. These investments not only provide much-needed capital but also mentorship and connections to help these companies grow and succeed. However, in recent years, there has been a growing recognition that investors must consider more than just financial returns when […]

Brightcom CEO & CFO barred from key posts in any firmBrightcom CEO & CFO barred from key posts in any firm

The Securities and Exchange Board of India (Sebi) on Tuesday passed an interim order barring Brightcom Group (BGL) chairman and CEO Suresh Kumar Reddy and chief financial officer Narayan Raju from holding key managerial positions in any firm. Reddy has been barred from the securities markets for a year. It has also barred GQuant founder […]

This low-cost pill can help to quit smoking; Read on to know all about itThis low-cost pill can help to quit smoking; Read on to know all about it

It is hard to quit smoking. However, new research reveals that smokers who want to quit smoking are likely to succeed more if they take a pill that can decreases nicotine cravings. This medicine, cytisine has been used in central and eastern Europe for decades, but it is unavailable in most countries, the US included. […]

Rising again! Here are some incredible IPL comebacks of Indian cricketersRising again! Here are some incredible IPL comebacks of Indian cricketers

1/6 The 2023 edition of the Indian Premier League (IPL) has been a stage for the stunning resurgence of a few of India’s most talented cricketers who had previously faded into obscurity. These players, who had been all but erased from public memory, have made a remarkable comeback that has left fans in awe. As we […]

Gold Price: MCX gold rises on US Dollar’s retreat; Support seen at Rs 56180-55910, resistance at Rs 56650-56810Gold Price: MCX gold rises on US Dollar’s retreat; Support seen at Rs 56180-55910, resistance at Rs 56650-56810

Gold Price Today, Gold Price Outlook, Gold Price Forecast: MCX gold prices ascended on Thursday, while Silver rates also surged 0.73%. On the Multi Commodity Exchange, gold October futures were trading at Rs 56882 per gram, up Rs 161, or 0.28%. Silver December futures were trading up Rs 485 at 67370 per kg on the […]

Rupee falls 15 paise to close at 83.21 against US dollarRupee falls 15 paise to close at 83.21 against US dollar

The rupee depreciated 15 paise to close at 83.21 (provisional) against the US dollar on Tuesday, as a strong US dollar and weak domestic equities dented investor sentiments.Forex traders said muted domestic macroeconomic data and sustained FII outflows also mounted downside pressure on rupee.At the interbank foreign exchange market, the local unit opened at 83.21 […]

Hindalco shares jump 3% as co mulls Rs 4000 cr investment in extrusion, copper, e-waste recycling facilitiesHindalco shares jump 3% as co mulls Rs 4000 cr investment in extrusion, copper, e-waste recycling facilities

Hindalco’s share price jumped 3.3% in trade on Wednesday as the metal firm announced a Rs 4,000 crore investment plan to establish an extrusion facility for freight wagons and coaches as well as a copper and e-waste recycling plant at the company’s 64th annual general meeting on Tuesday. On the back of this news, Nifty […]

Oil prices wobble on jitters over China economy, US rates pathOil prices wobble on jitters over China economy, US rates path

Oil prices were choppy on Thursday after falling over the past three sessions, with the undertone grim on worries that slowing growth in China and possible further U.S. interest rate hikes will weaken fuel demand in the world’s two biggest economies. Brent crude futures were up 8 cents, or 0.1%, at $83.53 a barrel by […]