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 […]
India may end use of fossil fuel much before 2070: Oil ministerIndia may end use of fossil fuel much before 2070: Oil minister
Petroleum and natural gas minister Hardeep Singh Puri on Tuesday said India will be self-reliant in energy sector by 2047 and is likely to end use of fossil fuel much before the country’s target of achieving net zero emissions by 2070. “While India’s energy consumption will keep increasing, our dependence on fossil fuel will gradually […]
Aditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potentialAditya Birla Capital: Jefferies puts ‘Buy’ rating with target of Rs 215, sees 23% upside potential
Jefferies has given a ‘Buy’ rating for Aditya Birla Capital with a target price of Rs 215. The given target price sees 23% upside target. The share price of Aditya Birla Capital fell 1.94% to Rs 177 during the intra-day trade on Thursday. However, Jeffries showed optimism in its growth and said,” We believe Aditya […]
Will Nifty hit the 21000 milestone? 8 things to know before the share market opensWill Nifty hit the 21000 milestone? 8 things to know before the share market opens
GIFT Nifty traded down 50.5 points or 0.24% at 21,046.5, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 gained 82.55 points or 0.40% to settle at 20,937.65, while the BSE Sensex advanced 357.59 points or 0.52% to 69,653.75. “Markets extended gains […]
Nifty positively biased for short term towards 18400, Bank Nifty support at 42500; IT, Auto, Banks look positiveNifty positively biased for short term towards 18400, Bank Nifty support at 42500; IT, Auto, Banks look positive
By Manojh Vayalar This May series Nifty futures started with a premium of 70-80 points for the current month. For the Nifty futures, FII maintained around 60% short positions, lesser than the last month’s series, which is now currently down to around 52% short. The index has been witnessing a long buildup rally since the […]