Armed with a vaccine, optimism for global economic recovery among markets have caused gold prices to plunges while copper soared. Rising for the fourth consecutive day, copper price on the London Metal Exchange rose as much as 1.5% to a seven-year

Yoga guru Swami Ram Dev, his younger brother Ram Bharat and close aide Acharya Balkrishna will be on the board of soya food brand Nutrela-maker Ruchi Soya that was recently acquired by Patanjali Ayurved. Ruchi Soya Industries Ltd in a notice

On Saturday, the petrol price in New Delhi crossed the Rs 82-mark and diesel surpassed Rs 72 a litre after the eighth increase in rates in past nine days. Oil marketing companies have been raising retail prices of fuel across India

Like in some of the bank accounts, where there is a stipulation to maintain a certain minimum balance, Post office has also come up with a notification that it shall be levying some non-maintenance charges if the minimum amount is

LPG subsidy for Bharat Petroleum Corporation Limited (BPCL) consumers (sold as Bharat Gas cylinders) will continue post-privatisation, said Oil Minister Dharmendra Pradhan on Friday. Subsidy on LPG is paid to consumers directly and not to any company. So the ownership of

Its third by the RBI and the centre, there has been launched another new 10-year benchmark bond. This has been done as the previous issue reached Rs. 1 trillion in outstanding. As per bond dealers, a quick benchmark setting can create

With a flush of FII money, Indian markets for the month of amid the run up to the US Presidential election and later on account of progress made in Covid 19 vaccine front, delivered massive gains of as much as 11.4%,

India's fiscal deficit for the April-October period stood at Rs 9.53 lakh crore, according to data released by the Controller General of Accounts on Friday, which is 119.7% of Rs 7.96 lakh crore of the budget target. The revenue gap for

On Friday, data released by the National Statistical Office (NSO) showed that India's GDP (gross domestic product) contracted by 7.5% in the July-September quarter. This officially marks India's entry into economic recession. In economics, two consecutive quarters of contraction in GDP

On Friday, BSE expelled Anugrah Stock & Broking from the exchange after declaring it a defaulter. The exchange has declared Anugrah Stock & Broking Pvt Ltd, a corporate trading member, of the exchange as defaulter... also expelled the said trading member...

Indices towards the end of the session on the first day of December series was trading flat ahead of the Q2 September GDP data due to be released later today. Broader indices gained well up over 2.83 percent on Nifty Midcap

The Indian Railways has launched a completely digitized online Human Resource Management System (HRMS) to help the currently serving as well as retired employees check PF (Employees' Provident Fund) balance and to enable them to apply for PF advance. HRMS is

On Friday, shares of Laurus Labs gained over 7 percent to Rs 314 on NSE after the pharma firm announced that it has acquired a majority stake in Richcore Lifesciences. In a stock exchange filing on 25 November, it said, Laurus

Amid the highest crude price during the fiscal, petrol prices which began their upward move since last Friday rallied sharply today. Today being Friday again. On vaccine hopes and OPEC's resolution to keep supply in check there is anticipated that

FIIs index futures data signifies they are overbought in Indian market and any unwinding of longs or fresh shorting may lead to a correction in the market, Motilal Oswal has said while analyzing F&O Data. According to the broking firm, it

The Income Tax department said on that its e-filing portal has been linked with ICAI's (Institute of Chartered Accountants) portal to validate the unique identification numbers (UIDN) chartered accountants generate for documents attested by them. Tax audit reports filed

On Friday, shares of gas transmission companies rallied up to 19% after oil regulator Petroleum and Natural Gas Regulatory Board (PNGRB) notified of simplified regulations for unified gas transmission tariff structure. Shares of Gujarat Gas Ltd rose as much

On Thursday, the government reduced the basic customs duty on crude palm oil to 27.5%, a move that would increase the availability of the commodity in the domestic market. The duty cut would also help cool off a rise in edible

Benchmark indices tracking gains on SGX Nifty open higher for yet another day. Nifty opens at 13009 while Sensex is up by 0.06% at 44285. There is MSCI rejig that is to be made effective today and in light of that

The International Air Transport Association (IATA) released data revealing that the COVID-19 crisis has had a devastating impact on international connectivity, shaking up the rankings of the world's most connected cities. London, the world's number one most connected city in September

Battered by the COVID-19 crisis, large Indian companies are looking to their banks for digital solutions that can make their supply chains more resilient to pandemic-related disruptions, CRISIL has stated. These demands are speeding the transformation of trade finance-one of the

After due discussion with the office of Controller General of Accounts it has been decided that central government pensioners can submit life certificate by this extended date. Now this year all central government pensioners will submit life certificate from November

Bitcoin prices crashed on Thursday in a sell off that also saw other digital assets crash, bringing to light the speculation on sustainability of such a boom otherwise seen lately. On Thursday, Bitcoin crashed heavily by as much as 14

MSCI Global Standard Index Rebalancing that is broadly used for benchmarking global equities will be effective today. And as per it the new inclusions made are Trent, Kotak Mahindra Bank while the others that will be omitted include LIC Housing

On Thursday, shares of Wockhardt Limited were locked in 10% upper circuit, extending its recent and sudden rally that was also questioned by the stock exchanges. Between 17 November and 26 November, between 8 trading days, the stock has gained 48.2%

The finance ministry in a statement on Thursday said that it has extended the Emergency Credit Line Guarantee Scheme (ECLGS) to the health sector and 26 other sectors identified by the Kamath Committee. The National Credit Guarantee Trustee Company Limited (NCGTC)

According to the Ministry of Finance, premiums paid for insurance policies purchased between 12 October 2020 and 31 March 2021 will be eligible under the leave travel concession (LTC) cash voucher scheme introduced last month for central government employees. The beneficiaries

CoinDCX, India's largest cryptocurrency exchange, today released a report which highlighted that 60% of the respondents earning below Rs. 5 lakh p.a. found it extremely challenging to invest in crypto owing to lack of easy and seamless options available. On the

Most experts are expecting the Reserve Bank of India (RBI) to keep key policy rates unchanged at its next monetary policy meeting scheduled for next week, given the high rate of inflation, even as the economy is expected to have entered

In yet another trading day, buoyed by strength in metal pack, Nifty ended at 12987, while Sensex reclaimed levels of 44000 at the close. Top gainers on the benchmark indices are JSW Steel, Tata Steel, Grasim, Bajaj Finance and Adani Ports.

The Kerala based jeweler received SEBI's approval to come with an IPO issue in October. And now the primary issue of the company is likely to hit as early as December this year. The Rs. 1750 crore issue is expected

For the third consecutive year in a row, Glenmark Pharmaceuticals Ltd announced that it has been listed in the Dow Jones Sustainability Index (DJSI), under the category of emerging markets. DJSI is one of the world's most respected and widely accepted

On Thursday, shares of Future Retail slipped 4.97% to Rs 86.95 after the Court of Singapore International Arbitration Centre (SIAC) turned down a plea by the company to be excluded from being a party to the Amazon-Future Coupons' arbitration proceedings. {image-bigbazaar-1598716909.jpg

In an otherwise weak market, sugar stocks hog the limelight as the sector may see sops being announced by Piyush Goyal who is reported to hold meeting with stakeholders today. StockGain % EID Parry

Broking firm, Motilal Oswal has downgraded the shares of Kotak Mahindra Bank to eutral citing an unfavorable risk reward ratio after a sharp outperformance in recent months. Kotak Mahindra Bank has delivered 32% returns since our Oct'20 upgrade, resulting in a

Foreign institutional investors (FIIs) have infused more than Rs 55,000 crore in November so far in November, creating a new record for the highest inflows in a month. With this record inflow, FIIs investment into India has turned net positive for

In view of the deteriorating financial health at the 94 year old Lakshmi Vilas Bank it was first put under PCA and lately under moratorium. But in the best interest of its depositors, RBI and centre took a decision to amalgamate

From day's record high, benchmark indices towards the end in mid-week trade lost a huge over 1.5 percent. Primarily on weakness in auto, bank, IT and healthcare pack. Sensex ended the lower by 694 points while Nifty settled at 12855, dropping

The world is grappling with possibly the worst public health crisis in many years. The COVID-19 pandemic has gripped nations, compelling governments to impose countrywide lockdowns to contain the spread of the deadly virus.The coronavirus pandemic has brought life to a

Mastercard and SBI Cards and Payment Services have jointly launched contactless payments on SBI Card app that will allow SBI Card Mastercard cardholders to make tap-and-go payments at retail outlets. As per Mastercard's press release, this is the first-ever

Mirae Asset Banking and Financial Services Fund is an open-ended equity scheme investing in Banking & Financial Services Sector. The NFO opens for subscription today, 25th November 2020 and closes on 4th December 2020. The Scheme re-opens for continuous sale and

On Wednesday, shares of HDFC Bank hit a new all-time high for the second consecutive day, helping it cross the valuation of Rs 8 lakh crore, first Indian bank and the third company listed on Indian stock exchanges to do so.

It has been an eventful year for Elon Musk, as the Tesla Inc co-founder beat several rankings, creating enough wealth to become the second richest person in the world on Monday. The 49-year-old entrepreneur's net worth soared $7.2 billion

On Tuesday, shares of Bharti Infratel have surged as much as 8.9% to an intraday high of Rs 238. The stock has been rallying after the company announced the completion of the merger of Bharti Infratel and Indus Towers to create

On Tuesday, shares of HDFC Bank Limited gained nearly 3% to hit a new high of Rs 1,429.85 on NSE after research firm CLSA raised its price target on the stock from Rs 1,525 to Rs 1,700 per share while retaining

Benchmark indices opened the day higher as global cues continued to remain strong. Reports that the Trump administration had begun the transition process to the Biden government pushed Dow Futures higher. This led to some strong traction across the Asian markets,

On Monday, the Securities and Exchange Board of India (SEBI) proposed a change in the minimum threshold for voting rights for re-classification of a promoter as a public shareholder and suggested all promoter entities disclose shareholding even in case of 'nil'

This year has been an unprecedented one in many ways amid the coronavirus pandemic. And how can we forget stock markets- which are the economic health indicator of any nation. Now as per a leading data site's, datawrapper report, in