Month: July 2023

Blogger’s Park: Catching them youngBlogger’s Park: Catching them young

By Abhimanyu Bharti In the diverse and digitally dynamic landscape of Indian politics, the evolution of campaigning methodologies has witnessed a significant shift. Traditional modes of reaching voters have expanded beyond rallies, banners, and television advertisements. Enter the era of influencer marketing – a potent tool leveraging digital trends to sway opinions, engage diverse demographics, […]

8-10% of one’s portfolio should be allocated to precious metals: Tapan Patel, Tata AMC8-10% of one’s portfolio should be allocated to precious metals: Tapan Patel, Tata AMC

Tata Asset Management has announced the launch of 4 NFOs — 2 Exchange Traded Funds (ETFs) and 2 Fund of Funds (FOF). These funds will provide investors an opportunity to take exposure to gold and silver, respectively, as an asset class with low transaction costs, high liquidity and low expense ratio. On this occasion, Sanjeev […]

Closing Bell: Nifty closes above 19430, Sensex above 65380; Metal, Banks, IT Auto shine, SAIL Soares 7%Closing Bell: Nifty closes above 19430, Sensex above 65380; Metal, Banks, IT Auto shine, SAIL Soares 7%

Nifty 50 and BSE Sensex ended the week’s last trading session on a steady note. The Nifty 50 closed at 19,435.30, while the Sensex closed the trading session at 65,387.16 led by metals, public sector enterprises and auto. NTPC, JFS, ONGC, JSW Steel and Tata Steel were the top gainers on the NSE Nifty 50, […]

RBI currency defence has likely extended to rupee futuresRBI currency defence has likely extended to rupee futures

The Reserve Bank of India‘s defence to prevent the rupee from sliding to a record low has likely extended to currency futures, three bankers and two analysts said on Friday. Earlier this week, Reuters reported that the RBI has been intervening in non-deliverable forwards and the onshore over-the-counter (OTC) market to keep the rupee from […]

Petrol and Diesel Rate Today, 24 August: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 24 August: Some cities see revision; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad:Petrol and diesel prices were largely constant on Thursday, 24 August across New Delhi, Kolkata, Mumbai, and Chennai. Petrol rates and diesel rates have been steady over the last few months. However, individual cities see fluctuations in their prices every day. The prices of petrol […]

Govt announces gross market borrowing of Rs 6.55 lakh crore for H2Govt announces gross market borrowing of Rs 6.55 lakh crore for H2

The government on Tuesday said it will borrow Rs 6.55 lakh crore in the second half of 2023-24 through dated securities, including Rs 20,000 crore through issuance of Sovereign Green Bonds (SGrBs).The government meets its fiscal deficit mainly through market borrowings.The government had projected gross market borrowing of Rs 15.43 lakh crore for 2023-24.”…the Government […]

Rupee struggles against strong dollar, weak sentiments; dollar may retreat from 2-month highRupee struggles against strong dollar, weak sentiments; dollar may retreat from 2-month high

By Raj Deepak Singh Rupee was caught between 82.90 and 82.60 levels in the previous week on the back of strong dollar and weak global market sentiments. Dollar gained strength amid jitters over debt ceiling negotiation and as Fitch put the country on credit watch for possible downgrade. Additionally, the US Dollar gained this week […]

Investors’ thumbs up to new United Breweries’ MDInvestors’ thumbs up to new United Breweries’ MD

United Breweries zoomed nearly 6% intraday on the BSE on Thursday after the alcoholic beverages maker announced the appointment of Vivek Gupta as the new managing director and chief executive officer of the company. The appointment comes six months after former head Rishi Pardal quit in the middle of February. Gupta, who was chief business […]

Beat the heat! People in search of relief as temperature soars – See PicsBeat the heat! People in search of relief as temperature soars – See Pics

1/9 As summer is knocking on the doors in India, people have started preparing themselves for the hot weather. The Indian Meteorological Department (IMD) has already predicted a rise in maximum temperature, coupled with strong winds over several states of the country. In the coming days, the weather office has predicted a gradual rise in […]

Co-living startup Settl raises Rs 10 crore from Nikhil Kamath-backed Gruhas, We Founder Circle, and moreCo-living startup Settl raises Rs 10 crore from Nikhil Kamath-backed Gruhas, We Founder Circle, and more

Co-living startup Settl has raised Rs 10 crore in a pre-series A round from Zerodha’s Nikhil Kamath-backed venture capital fund Gruhas, early-stage investment platform We Founder Circle, the company said on Tuesday. Anthill Ventures, Inflection Point Ventures, Ah! Ventures, Nila Spaces Limited, Soonicorn Ventures, Awficacy Capital, Pai Ventures LLP and Ekyum also participated in the […]