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Top 10 things to know before the market opens
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India against October 14 close of 18,355. The BSE Sensex rallied 568.90 p…
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Income Tax Department detects import under-invoicing, tax evasion by laptop firm
The Income Tax Department has detected "large-scale" under-invoicing of imports after it recently raided a trader of laptops and mobile phones, the CBDT said on Saturday. The searches we…
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PNB reduces gold loan interest rates: Get details here
Punjab National Bank (PNB) has announced that it has reduced interest rates on loans against gold jewellery and Sovereign Gold Bond (SGB) by 145 basis points (bps); this is part of its festive seaso…
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Indian spot gold rate and silver price on Friday
Gold Price in India ( ₹46910) has increased since yesterday( ₹46900). Also, it was above the average Gold Price observed this week ( ₹46661.4) by 0.53%. Although the Gold Price Today in both global …
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Auto wholesales slip 11% in August: semiconductor shortage
Chip shortage to have a bigger impact in Sept, say, analysts, forecast significant drop. Vehicle makers seem headed for a tight spot as the global semiconductor shortage continues to have an acute im…
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Strengthens the case for electric cars, but just about :Tata Tigor EV
Ex-showroom prices of the Tigor EV start at Rs 11.99 lakh, and when you compare it to even the top variant of the Tigor petrol (Rs 7.82 lakh), the difference is a substantial Rs 4.17 lakh. Prior to J…
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After raising funds via IPO, Eleven firms debuted at discount since January
Kerala-based Kalyan Jewellers topped the charts with its share price closing lower by 13.45% on the first day of the listing. Chemplast Sanmar was at the bottom pecking order with a 1.13% discount. O…
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Dry weather seen dragging down cotton, groundnut output: Kharif
However, it might not be as bad as in kharif 2018-19, when output of cotton and groundnut had declined 15% and 29%, respectively, on-year, analysts said. Of 102.1 lakh tonne of groundnut produced in …
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Oil marketing companies bar UP investors for new ethanol tender sv Sugar mills upset as
The DFPD has already approved additional ethanol capacity of around 8,207 KL in Uttar Pradesh, which will entail an investment of Rs 7,071 crore. UP is the largest ethanol manufacturer in the country…
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Centre asks states to enforce stocking norms: Skyrocketing prices of edible oils
The Center has asked states to take disclosures of stock of edible oil seeds and oils with the millers and stockist to check the unfair practices of any kind and to bring transparency in the availabi…
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India’s index of industrial production grows 11.5% in July :IIP growth
However, consumer non-durables still trailed the pre-pandemic level by 8.3% despite the fact that it went up by 20.2% from a year before, aided by the base effect. Mining, manufacturing and electri…
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PSUs been allowed by Govt to disinvested to set off past losses
“Accordingly, loss incurred in any previous year prior to, and including, the previous year of strategic disinvestment shall be carried forward and set off by the erstwhile public sector company.” “I…
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S&P said that India to post strong GDP growth in coming quarters even with inflation
India is expected to post strong economic growth in the coming quarters, even as inflation, led by food prices, is likely to remain elevated, S&P Global Ratings said on Wednesday. Illustration: A…
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