With Nasik mandi closed, govt steps up onion sales on e-NAMWith Nasik mandi closed, govt steps up onion sales on e-NAM

With the mandis in Nasik district of Maharashtra remaining closed for a week, the government is aiming to scale up sales of onion from its buffer stock by National Cooperative Consumers Federation (NCCF) and farmers’ cooperative Nafed via national digital platform electronic-national agriculture market (e-NAM). In the last couple of weeks, NCCF has sold 9637 […]

GAIL to tap spot LNG markets to meet surge in power demandGAIL to tap spot LNG markets to meet surge in power demand

GAIL (India) Ltd will tap spot liquefied natural gas (LNG) markets to address surging power demand, an executive at the state-run company said on Thursday, as the Indian government calls for more supplies to address an electricity crunch. Much of India’s domestic gas supply is already committed, Sanjay Kumar, marketing director at India’s top distributor […]

3 trains, a head-on collision and tragedy on tracks: India’s deadliest train accident | IN PICS3 trains, a head-on collision and tragedy on tracks: India’s deadliest train accident | IN PICS

1/11 The Ministry of Railways has initiated a high-level probe into the train crash in Odisha. The probe will be conducted by the Commissioner of Railway Safety (CRS), South Eastern Circle. (Reuters photo) 2/11 The commissioner of railway safety works under the Ministry of Civil Aviation and investigates all such accidents. “AM Chowdhary, CRS, SE […]

MCX Gold displays a bearish reversal trend as traders fear US Fed rate hike; further correction likelyMCX Gold displays a bearish reversal trend as traders fear US Fed rate hike; further correction likely

By Bhavik Patel As the Federal Reserve prepares to reach the final phase of its current tightening cycle, the gold market is once again beginning to shine. Next week we have the FOMC meet and the CME’s FedWatch tool is predicting that there is a 99.8% probability that the Federal Reserve will implement a 25 […]

SBFC Finance IPO Listing: Shares have bumper debut on bourses, list at 44% premiumSBFC Finance IPO Listing: Shares have bumper debut on bourses, list at 44% premium

SBFC Finance IPO: SBFC Finance shares listed at 44% premium over IPO price on NSE and BSE amid positive domestic market. The share debuted at Rs 82 apiece on the BSE, as compared to the issue price of Rs 57. A positive listing was expected as ahead of the market debut, SBFC Finance shares were […]

NIVEA India appoints Geetika Mehta as new managing directorNIVEA India appoints Geetika Mehta as new managing director

NIVEA has announced the appointment of Geetika Mehta as the new managing director. As per the company, Mehta brings a wealth of experience and expertise to steer the brand. Mehta, with a distinguished career in the FMCG sector, has a track record of developing small businesses as well as managing large-scale corporations across markets including […]

NCCF procures 2,826 tonnes onion from farmers for buffer stock; to scale up buying in coming daysNCCF procures 2,826 tonnes onion from farmers for buffer stock; to scale up buying in coming days

The National Cooperative Consumers’ Federation of India (NCCF) on Saturday said it has purchased 2,826 tonnes of onion at Rs 2,410 per quintal directly from farmers in the last four days mostly from Maharashtra as it resumed procurement of the bulb for a higher buffer stock.The government enhanced the onion buffer stock target from 3 […]

NLC India’s first coal-based supercritical thermal power plant coming up in Kanpur | IN PICSNLC India’s first coal-based supercritical thermal power plant coming up in Kanpur | IN PICS

1/8 To meet the rising power demand in India, the NLC India Limited (formerly Neyveli Lignite Corporation Limited) will begin the operation of its first super-critical coal-based thermal power plant soon. 2/8 The NLC India Limited’s first coal-based supercritical power plant – Neyveli Uttar Pradesh Power Ltd (NUPPL) is being built at Uttar Pradesh’s Ghatampur […]

Where is share market headed after Nifty closes above 19460, Bank Nifty below 43950; check support, resistanceWhere is share market headed after Nifty closes above 19460, Bank Nifty below 43950; check support, resistance

Domestic indices ended Wednesday’s trading session in the green. The NSE Nifty 50 rose 30.45 points or 0.16% to 19,465 and BSE Sensex climbed 137.50 points or 0.21% to 65,539.42. In sectoral indices, Bank Nifty plunged 0.33%, Nifty Financial Services tumbled 0.34%, Nifty Private Bank fell 0.46%, and Nifty Metal tanked 0.94%, while Nifty Media […]