Category: Stocks

GST collections in October rise 16.6 percent to Rs 1.52 lakh crore The government collected Rs 1.52 lakh crore as goods and services tax in October, a 16.6 percent increased on an annualized basis. It was the second highest monthly collection since the GST regime was introduced in July 2017. Collections had touched a record […]

Passenger vehicle sales saw a robust growth in October, with midsegment cars and SUVs grabbing the festive demand which also lifted the entry-level category, but two-wheelers remained subdued reflecting the state of the economy, industry data showed on Tuesday. Automobile makers led by Maruti Suzuki, Hyundai and Tata Motors, along with Mahindra & Mahindra, Kia […]

Xlerate has signed ace Indian cricket all-rounder Hardik Pandya as its first brand ambassador. Xlerate has signed ace Indian cricket all-rounder Hardik Pandya as its first brand ambassador. Reliance Retail announced on November 1 that it has launched an athleisure brand, Xlerate, on its new commerce platform, AJIO Business. Xlerate has signed ace Indian cricket […]

Indian equities extend winning streak as fears of US recession recede Indian stock markets rose for the 10th consecutive session to a one-month high as concerns eased that the US economy could enter into a recession. Support from foreign portfolio investors saw the benchmark Sensex surpass 60,000 points. The Nifty breached 18,000 points as the […]

There is no change in the price of the 14.2 kg cylinder (Rs 1,053) or that of domestic cooking gas (Representative Image) The price of commercial liquid petroleum gas (LPG) cylinders was slashed by Rs 115.50 on November 1. A 19-kg commercial LPG cylinder will now cost Rs 1,744 in the national capital. This is the first price […]

Early bird results show sharp moderation in second quarter earnings The early-bird results of firms in the September quarter suggest a slowdown in corporate earnings though revenues continue to grow in high double digits. The combined net profit of 441 early bird companies rose 5.8 percent on an annualized basis, growing at the slowest pace […]

Harsha Upadhyaya the Chief Investment Officer, Equity at Kotak Mutual Fund Harsha Upadhyaya, Chief Investment Officer, Equity, Kotak Mutual Fund, spoke about the resilience of Indian markets and how they will be affected by changes in global markets in the coming months. Speaking about his stock and sector picks, Upadhyaya told CNBC TV18 in an […]

The panel formed by the Ministry of Petroleum and Natural Gas under Kirit Parekh has now sought more time to review its gas pricing formula and form its report. Moneycontrol Contributor October 31, 2022 / 10:33 AM IST The oil ministry’s Petroleum Planning and Analysis Cell has sought more time to review its gas pricing formula […]

The chief secretary has given directives to ensure effective implementation of the action plan as per the guidelines received from the Centre regarding the eradication of single-use plastic. PTI October 30, 2022 / 01:33 PM IST Multi-layered plastics used in packets of chips or gutkha or food products by fast-moving consumer goods companies are problematic […]

The project will add another 6 MT capacity and suddenly one can not increase its market share proportionally, the CEO said. PTI October 30, 2022 / 02:18 PM IST To maintain higher capacity utilisation, exports are necessary for local steel players expanding their capacities, as demand is not directly proportional to production, according to a […]

Representative image Debt-ridden Future Enterprises has defaulted on a principal amount of Rs 126.13 crore in September, which includes payment obligation of Rs 98.35 crore for NCDs and Rs 27.78 crore to banks, under a one-time restructuring (OTR) scheme. Future Enterprises Ltd (FEL) had entered into the OTR scheme for COVID-hit companies with its consortium […]

(File image: Reuters) The flight acceptance hot test of CE-20 engine has been carried out in the High Altitude Test facility of ISRO Propulsion Complex (IPRC) at Mahendragiri in Tamil Nadu. The engine is assigned for the LVM3-M3 mission identified for launching the next 36 OneWeb India-1 satellites, the Indian Space Research Organisation said. Sources […]