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Pound plunges on lower UK CPI, dollar recovers from losses; traders eye ECB policyPound plunges on lower UK CPI, dollar recovers from losses; traders eye ECB policy

By Gaurang Somaiya Rupee continued to trade in a narrow range and volatility remained low even as a number of events unfolded on the domestic as well as on the global front. On the domestic front, India trade balance number was released and data showed the trade deficit narrowed $20.13 billion in June as compared […]

Petrol and Diesel Rate Today, 25 August: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 25 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 Friday, 25 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 […]

No tax incentive for G-Secs inclusion in JPMorgan index: SomanathanNo tax incentive for G-Secs inclusion in JPMorgan index: Somanathan

JPMorgan Chase & Co.’s decision to add Indian government bonds to its benchmark emerging-market index was its own decision without any tax concession by India, finance secretary TV Somanathan said on Friday. “The government of India has not changed its taxation or regulatory policies for this. It (bond inclusion) is a reflection of the record […]

FII, DII data: FPIs sold shares worth Rs 997 cr, DIIs bought shares worth Rs 2661 cr on October 9, MondayFII, DII data: FPIs sold shares worth Rs 997 cr, DIIs bought shares worth Rs 2661 cr on October 9, Monday

Foreign institutional investors (FII) offloaded shares worth net Rs 997.76 crore, while domestic institutional investors (DII) added shares worth net Rs 2,661.27 crore on October 9, 2023, according to the provisional data available on the NSE. For the month till October 9, 2023, FIIs sold shares worth net Rs 9,410.41 crore while DIIs bought shares […]

Rockingdeals files DRHP with NSE EmergeRockingdeals files DRHP with NSE Emerge

Rockingdeals Circular Economy, an Indian Business-to-business recommerce company. announced the filing of its Draft Red Herring Prospectus (DRHP) with NSE Emerge on Monday, September 25, 2023. The company plans to offer up to 15,00,000 equity shares of face value Rs. 10/- each through the book-building process. The company has appointed Corporate Capital Ventures Pvt as […]

Petrol and Diesel Rate Today, 7 September: Some cities see revision; Check rates in Delhi, Mumbai, other citiesPetrol and Diesel Rate Today, 7 September: 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, 7 September 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 […]

Subdued demand, inflation impact FMCG companies; rural areas show signs of recoverySubdued demand, inflation impact FMCG companies; rural areas show signs of recovery

By Preeyam Tolia In FY23, FMCG companies were facing the dual challenge of a subdued demand environment and unprecedented raw material inflation owing to the Russia-Ukraine war, geopolitical issues and disruption in global supplies, which led to a steep surge in inflation across commodities like palm oil, crude oil, wheat, sugar etc. Due to this, the […]

Will Nifty top 19500 or give up gains? See GIFT Nifty, FII data, F&O ban, crude, more before market opensWill Nifty top 19500 or give up gains? See GIFT Nifty, FII data, F&O ban, crude, more before market opens

GIFT Nifty was flat during Thursday’s early trading session at 19,504.5, indicating a tepid opening for domestic indices NSE Nifty 50 and BSE Sensex. Domestic indices NSE Nifty and BSE Sensex closed in the green on Wednesday after a day of volatile trade. The blue-chip Nifty 50 index settled above 19,400, breaching a key resistance […]