Selling was seen in capital goods, power, auto, metals and financial names, while buying was seen in pharma, oil and gas, FMCG and IT names. BSE midcap index ended on a flat note, while smallcap index gained 0.5 percent. Dish TV | CMP: Rs 15.95 | The stock price fell over 6 percent after the […]
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CoF tokenisation provides key benefits such as an improved payment success rate compared to non-tokenised cards Representative Image Following the Reserve Bank of India’s guidelines on CoF (card-on-file) tokenisation earlier this year, digital payments company Visa announced its successful provisioning of more than 160 million CoF tokens in India. CoF tokenisation provides key benefits such as an improved […]
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Nazara is a diversified gaming and sports media platform with a presence in India and across emerging and developed global markets such as Africa and North America, with offerings across the interactive gaming, e-sports and gamified early learning ecosystems. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < […]
Continue ReadingSINGAPORE—The World Bank said it expects developing economies in East Asia to grow faster than China this year for the first time since 1990, as the world’s second-largest economy struggles with a real-estate crunch and the government’s zero-tolerance approach to Covid-19. The Washington, D.C.-based lender cut its forecast for Chinese growth this year but said it expects growth […]
Continue Readingbusiness The Indian rupee has depreciated considerably this year – from about 79-80 last month, it’s now fallen to nearly 82 vs the US dollar. But… is the rupee weakness really a bad thing for India? In fact, is any currency depreciating good for a country? And, most importantly, how does the rupee’s fall actually […]
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The Nifty IT sectoral index is down over 30 percent this calendar year and it has been a crunching bear market for the large-cap IT companies, but Nilesh Shah, MD and CEO of Envision Capital, believes that time has come for investors to start accumulating quality IT companies. In an interview with CNBC TV-19, Nilesh Shah shared […]
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File image of the Reserve Bank of India building in Mumbai (Image Source: Shutterstock) The financial markets are awaiting the outcome of the Reserve Bank of India’s Monetary Policy Committee (RBI MPC) meeting scheduled on September 28-30. While it is widely expected that the RBI will increase policy rates to counter inflation, questions are being […]
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Sitharaman said that the action taken by the US Federal Reserve has an “impact on all currencies”, adding that “we have to only be sure that fluctuation is not going to be severe”. Finance Minister NIrmala Sitharaman | Illustration: Moneycontrol The interventions made by the Reserve Bank of India (RBI) are “focused more towards avoiding fluctuation […]
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The company on September 26 started retail sales of its newest flagship offering from NEXA, the Grand Vitara Maruti Suzuki India ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); $ (‘#gainlosstxt_’+articleId).find(“.arw_red”).removeClass(“arw_red”).addClass(“arw_green”); }else […]
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Continue ReadingAmazon.com Inc. will hold a second global sales day in October to help consumers hunt for holiday bargains early, marking the first time the e-commerce giant has held two such shopping events in a single year. The e-tailer’s AMZN, +1.20% global shopping event — Prime Early Access Sale — will take place on Oct. 11 […]
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Earlier on Monday, CNBC-TV18 reported Blackstone is slated to sell 77 million units of Embassy REIT worth Rs 2,650 crore through block deals. blackstone.gif ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); […]
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Around the world, financial markets look increasingly distressed. In Britain government-bond yields have surged (see chart) and sterling has slumped, prompting the Treasury and Bank of England to issue statements attempting to soothe markets. In Japan the government has intervened in foreign-exchange markets to stem the fall in the yen for the first time since […]
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ICICI Direct, The Euro depreciated on Monday to a 20-year low amid weak economic data from the eurozone. September 27, 2022 / 09:34 AM IST Representative image ICICI Direct’s currency report on EURINR The Euro depreciated on Monday to a 20-year low amid weak economic data from the eurozone. The LFO Business Climate indicator for […]
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Shakti Pumps was awarded a contract in the month of March 2021 from the Government of Uganda for supply of solar powered water pumping systems at a contract price of $ 35.30 million exclusive of VAT. ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ […]
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Brookfield Asset Management is actively considering a $ 1 billion investment in Hyderabad-based clean energy company Greenko, sources told The Economic Times. The investment could be in Greenko Energy Holdings (GEH) or Greenko Zero C, and would allow both parties to take up decarbonising initiatives. The total infusion could stretch up to $ 1.25 billion, […]
Continue ReadingChina’s industrial profits fell 2.1% in January-August, widening from the 1.1% drop recorded in the first seven months of the year, data from the National Bureau of Statistics bureau showed. The bigger year-on-year decline comes after China reported improved factory production, which rose 4.2% on year in August compared with July’s 3.8% growth. The statistics […]
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Wall Street Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted — especially with hawkish central bankers rattling recession-obsessed markets like this. The S&P 500 just sank to the lowest since December 2020, bringing this month’s losses to nearly 8%, as […]
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Divam Sharma is the Founder of Green Portfolio Since the lows hit in June, the markets have seen a sustainable recovery and, given the domestic demand and insignificant recession risk for India, there’s no indication of the market breaking the lows, believes Divam Sharma of Green Portfolio. Until markets gain clarity on the terminal Fed […]
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ONGC, the country’s top oil explorer, accepted bids at that level through auction of light sweet oil from its western offshore field, including supplies from the country’s flagship Mumbai High fields, they said. Reuters September 27, 2022 / 07:22 AM IST Oil & Natural Gas Corporation ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ […]
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