1/8 Lava flows on the Halema’uma’u crater floor as the Kilauea volcano erupts in Hawaii in the US on June 7, 2023. (Photo: Reuters) 2/8 In this webcam image provided by the US Geological Survey, an eruption takes place on the summit of the Kilauea volcano in Hawaii on Wednesday June 7, 2023. (Photo: AP) […]
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Indian Railways faces judicial heat over train safety measures! Anti-Collision System ‘Kavach’ in spotlightIndian Railways faces judicial heat over train safety measures! Anti-Collision System ‘Kavach’ in spotlight
Indian Railways’ Kavach system is back in the news! The Supreme Court has recently sought detailed information from the Centre regarding the protective measures already in place or proposed to be implemented to prevent train accidents in India, a PTI report said. The focus is on the effectiveness of the ‘Kavach’ automatic train protection system. […]
Rupee was range-bound last week, could see low volatility going ahead; traders eye May inflation for cuesRupee was range-bound last week, could see low volatility going ahead; traders eye May inflation for cues
By Gaurang Somaiya Rupee traded in a narrow range for the week and market participants remained cautious ahead of the important RBI policy statement that was released at the end of the week. In line with expectations, the RBI held rates unchanged for the second successive meeting and remained focused on withdrawal of accommodation stance. […]
Minimum issue size for non-profits at SSEs may be cut by a halfMinimum issue size for non-profits at SSEs may be cut by a half
The Securities and Exchange Board India (Sebi) has proposed to reduce the minimum issue size for non-profit organisations (NPOs) on social stock exchanges (SSEs) by 50%, and application size by 95% to facilitate more fundraising. A consultation paper issued on Tuesday stated that both the NSE and BSE have set up the SSE segment, and […]
Nifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gainsNifty’s short-term trend is negative, 18,000 crucial support level; buy these two stocks to pocket gains
By Nagaraj Shetti Nifty continued with follow-through weakness on Wednesday amidst volatility and closed the day lower by 104 points. A long negative candle was formed on the daily chart with lower shadow. Technically, this pattern signals short term reversal in the market on the downside. After the formation bearish engulfing pattern on Tuesday, the market […]
Stocks To Watch: Jio Financial Services, Adani Ports, Vedanta, Titan, EID Parry, Cholamandalam Finance, TIIStocks To Watch: Jio Financial Services, Adani Ports, Vedanta, Titan, EID Parry, Cholamandalam Finance, TII
Stocks in focus: GIFT Nifty was 0.06% lower during Monday’s early trading session at 19,318.5, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Friday, domestic benchmarks NSE Nifty 50 and BSE Sensex ended in negative territory. The Sensex closed down by 0.31% at 64,948.66, while the Nifty 50 shed […]
Crude oil imports fall for third consecutive monthCrude oil imports fall for third consecutive month
India’s crude oil imports fell for the third consecutive month in August to 18.73 million tonne (MT) due to maintenance activities at Indian refineries and decline in shipments from Russia. Crude oil imports were 20.58 MT in May, 19.56 MT in June and 19.51 MT in July, as per data released by the Petroleum Planning […]
Higher platform fee may help Zomato pass on GST burdenHigher platform fee may help Zomato pass on GST burden
The higher platform fee food delivery firm Zomato is will charge would partially offset the impact of GST on delivery charges, in case the company is liable to pay any, analysts have said. GST authorities recently sent Zomato a show cause notice relating to an alleged tax liability of `401 crore, along with interest and […]
‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12‘Will destroy India’s economy’: Gurpatwant Singh Pannun threatens to target BSE, NSE from March 12
Terrorist Gurpatwant Singh Pannun has recently issued yet another anti-India threat. This time, the leader of Sikhs for Justice group has said that he will target economic stability of India. According to a News18 report, Pannun has said that he will target the Bombay Stock Exchange and the National Stock Exchange on March 12, the […]
Oil rises on China, US economic data and OPEC+ cut expectationsOil rises on China, US economic data and OPEC+ cut expectations
Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. U.S. West Texas Intermediate crude (WTI) […]