Gold Price Today, Gold Price Outlook, Gold Price Forcast: MCX Gold prices ascended on Wednesday, while silver rates tumbled 0.13%. On the Multi Commodity Exchange, gold October futures were trading at Rs 59,325 per 10 grams, up by Rs 59 or 0.10%. Silver September futures were trading down by Rs 96 at Rs 74, 589 […]
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Widening of tax base, enforcement measures behind high tax buoyancy in H1FY24Widening of tax base, enforcement measures behind high tax buoyancy in H1FY24
Multi-year-high tax buoyancy recorded in the first half of FY24 by the Centre raise questions about how much of the spurt is attributable to higher revenue productivity, and the use of the implicit price deflator. Statistically, the buoyancy of a tax system gauges the overall responsiveness of tax revenue to variations in the GDP, and […]
iQOO Z7 5G rough-cut: Everything to know in 7 pointsiQOO Z7 5G rough-cut: Everything to know in 7 points
1/7 iQOO Z7 5G has officially been launched in India at a starting price of 18,999 (6GB/128GB). The new “budget” phone brings a Super AMOLED display, Dimensity 920, 64MP OIS camera, and 44W fast charging for under Rs 20,000 making it one of, if not the most, powerful and feature-packed devices to launch in India […]
Rupee flat as local US dollar demand counters softer greenbackRupee flat as local US dollar demand counters softer greenback
The Indian rupee was little changed on Thursday, despite Asian peers moving higher, as U.S. dollar demand from importers and local oil companies offset a softness in the greenback. The rupee was at 83.2350 against the U.S. dollar as of 11:30 a.m. IST after closing at 83.24 in the previous session. The dollar index fell […]
Japan struggles after deadly New Year’s day earthquake: Death toll rises to 8, thousands displacedJapan struggles after deadly New Year’s day earthquake: Death toll rises to 8, thousands displaced
The aftermath of a catastrophic earthquake that struck Japan on New Year’s Day has left a trail of destruction, claiming at least eight lives and causing widespread damage to buildings, roads, and essential infrastructure, Reuters reported. The powerful 7.6 magnitude quake, followed by subsequent aftershocks and tsunami waves, struck Japan’s western seaboard, primarily impacting the […]
Vishnu Prakash Punglia IPO Listing: Shares have bumper debut on bourses, list at 65% premiumVishnu Prakash Punglia IPO Listing: Shares have bumper debut on bourses, list at 65% premium
Vishnu Prakash Punglia IPO: Vishnu Prakash Punglia shares listed at 65% premium over IPO price on NSE and BSE amid flat domestic market. The share debuted at Rs 163.3 on the BSE, as compared to the issue price of Rs 99. Vishnu Prakash Punglia shares’ grey market premium gained 60% on Tuesday, commanding a premium […]
Where is share market headed after Nifty closes above 19430, Bank Nifty below 44100; check support, resistanceWhere is share market headed after Nifty closes above 19430, Bank Nifty below 44100; check support, resistance
Domestic indices ended Monday’s trading session in the green. The NSE Nifty 50 gained 6.25 points or 0.03% to 19,434.55 and BSE Sensex rose 79.27 points or 0.12% to 65,401.92. Among the broader indices, the Nifty 100 fell 0.15%, Nifty Next 50 sank 1.25% and the Nifty 200 plunged 0.15%, while Nifty Midcap 50 gained […]
Investments via P-notes rise to Rs 1.23 lakh crore in July-end, highest since December 2017Investments via P-notes rise to Rs 1.23 lakh crore in July-end, highest since December 2017
Investment in the Indian capital markets through participatory notes rose to close to a six-year high at Rs 1.23 lakh crore in July-end, making it the fifth consecutive monthly increase, on the back of stable macroeconomic fundamentals. The amount has reached the highest level since December 2017 — when investment through the route stood at […]
RBI possibly selling dollars to prevent rupee from falling to record lowRBI possibly selling dollars to prevent rupee from falling to record low
The Indian central bank is possibly selling dollars via public sector banks, with the rupee just shy of a record low, six traders told Reuters. The rupee was at 83.2025 to the U.S. dollar, down from 83.09 at open and within a whisker of the lifetime low of 83.29. “Hearing of public sector bank names […]
Rishabh Instruments IPO opens for subscription, GMP rises; should you subscribe to the public issue?Rishabh Instruments IPO opens for subscription, GMP rises; should you subscribe to the public issue?
Rishabh Instruments IPO: Rishabh Instrument IPO opened for public subscription on Wednesday, August 30, and will close on Friday, September 1. The company collected Rs 147.23 Crore from the Anchor investors ahead of the public issue. The price band for its public issue at Rs 418-441 per equity share of face value Rs 10 each. […]