Rarely have the aggregate GDP numbers been as much celebrated as they are being done in recent years. So, the question about absolute GDP figures and the jubilation over India’s no. 4 spot in global GDP ranking is: what does it really mean for the average Indian? The government and its supporters have created a … Read more
Mumbai: Indian stock markets fell hard on Thursday due to weak global signals and rising tensions in the Middle East. Both Sensex and Nifty ended the day about 1 percent lower, as investors booked profits and turned cautious. The BSE Sensex dropped 823.16 points to close at 81,691.98, while the NSE Nifty lost 253.20 points to … Read more
Financial planning is essential for a stable and secure future. However, most of us end up making mistakes that can have long-lasting consequences. These mistakes are commonly made due to a lack of knowledge or foresight, which may lead to financial instability or missed opportunities. Knowing about the common pitfalls can help you in making … Read more
Kolkata: Oswal Pumps IPO is set to open for public bidding of shares today, June 13. The company managed to procure as much as Rs 416.2 crore from anchor investors on June 12. The list of anchor investors includes names such as ICICI Prudential MF, Kotak Mahindra MF, Aditya Birla Sun Life MF, Quant MF, Societe … Read more
New Delhi: Gold prices jumped Rs 850 to Rs 99,340 per 10 grams in the national capital on Thursday amid a rise in precious metal prices in the overseas markets, according to the All India Sarafa Association. The yellow metal of 99.5 per cent purity climbed Rs 800 to Rs 98,800 per 10 grams (inclusive of … Read more
Mumbai, June 13: Indian stock markets witnessed a steep fall on Friday morning, marking what many are calling a “Black Friday” for investors. Both benchmark indices opened deep in the red, reacting sharply to rising geopolitical tensions in the Middle East. The Nifty 50 index plummeted to 24,473.00, losing 415.20 points or -1.67 per cent, while … Read more
The Indian stock market witnessed a major slump in early trade on Friday. The BSE Sensex plunged over 1,100 points while the Nifty50 fell below the crucial 24,850 mark. The massive sell-off comes in line with sharp declines across Asian markets after Israel’s military action against Iran escalated geopolitical tensions in the oil-rich Middle East … Read more
Nifty Index opened on a flattish note, but bears took charge right from the opening tick, as the index witnessed selling pressure from higher levels. It inched lower throughout the session, with every small bounce being sold into, indicating persistent weakness. Due to this pressure, the index slipped below the psychological 25,000 mark, breaching it … Read more
Amid safe-haven buying triggered by Israel-Iran tensions and weakness in the dollar index, August futures contracts on the MCX opened sharply higher by Rs 2,011 or 2.04%, crossing the Rs 1 lakh mark to trade at Rs 1,00,403 per 10 grams on Friday. Meanwhile, silver July futures contracts also showed strength, opening higher at Rs … Read more
Crude oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Brent crude futures rose $5.29, or 7.63%, to $74.65 a barrel by 0142 GMT after hitting an intraday high of $75.32, … Read more