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What should stock market investors do in the election season?
Experts say it is important to resist the fear of missing out (FOMO) and avoid making short-term investments; instead, investors should focus on the long term
After four weeks of decline, forex reserves rise by $3.68 billion
In the immediate past week ending April 26, the overall kitty had dropped by $2.412 billion to $637.922 billion.
Election result anxiety roils stock market; investors lose more than Rs 7.5 lakh crore
So far, three phases of the election have been completed and four are to be followed. The 2024 Lok Sabha results, involving 543 constituencies, will be declared on June 4.
India allows export of non-Basmati white rice to Mauritius
While initially amending the rice export policy, DGFT maintained that the export would be allowed based on permission granted by the government to other countries to meet their food security needs.
REC to set up a subsidiary in GIFT City Gujarat; gets RBI nod
Gurugram: REC Limited, a Maharatna CPSE under Ministry of Power and a leading NBFC has received a 'No Objection Certificate' (NOC) from Reserve Bank of India for setting up a subsidiary in Gujarat International Finance Tech-City (GIFT) in…
SC registry refuses to accept Centre’s plea on 2G spectrum verdict
The Centre, in its plea, has sought exemption from auctioning the 2G spectrum for non-commercial purposes in discharge of sovereign functions of the state.
India saved USD 13 billion by importing discounted Russian crude
The share of crude petroleum imported from Russia surged to around 36% in the 11 months of the fiscal year 2024 from a mere 2% in the fiscal year 2022.
After four months, onion export to 6 countries allowed
Onion exports were banned on December 8 last year until March 31, 2024, to control domestic prices. This ban was later extended due to concerns about price inflation.
REC Avails SACE-Covered Green Loan Facility Worth JPY 60,536 Billion
SACE'S Fist JPY-Dominated Loan Transaction will help gain support for sustainable development projects in India: CMD Devangan
‘No spectrum auction where it is not feasible’
The minister also gave an example of the upcoming spectrum auction for telecommunication services in the country in the first week of June 2024.
Sensex climbs 640 points; Nifty tops 22,300-level in early trade
The BSE benchmark climbed 599.34 points or 0.83 per cent to settle at 73,088.33 on Friday.
Yarn-maker Sanathan Textiles scales down IPO to Rs 800 cr from Rs 1,300 cr
The IPO comprises fresh issue of Rs 500 crore and an offer for sale of up to Rs 300 crore by promoters and promoter groups
Markets tank in early trade as Middle East tensions flare-up
The 30-share BSE Sensex tanked 672.53 points to 71,816.46.The NSE Nifty dropped 218.2 points to 21,777.65.
Crude import bill declines by 16% in FY24
As per the data, domestic production of petroleum products has shown positive growth. Output in March 2024 was 1.5% higher than March 2023, and for entire financial year, it grew by 3.6% compared to the previous year.
Bharti Airtel signs definitive agreement with Dialog, Axiata Group to merge Sri Lanka operations
Dialog will acquire 100% of the issued shares in Airtel Lanka, in consideration of which Dialog will issue to Bharti Airtel, ordinary voting shares which will amount to 10.355% of the total issued shares of Dialog by way of a share swap.
No separate records on Vande Bharat’s profits,
Railways says over 2 crore passengers have used Vande Bharat trains since launch; trains covered a distance equivalent to 310 Earth rounds in 2023–24.
Market falls for third session; US bond, gold price rise on Middle-East tension
This is a major dampener for global equities but a positive for the bond market.
Coal India Limited’s capex rises 6.5% to record Rs 19,840 crore in 2024
In the previous financial year, the capex was Rs 18,619 crore.
2023 was a record year for wind installations as world ramps up clean energy
The global cumulative wind power capacity now totals 1,021 gigawatts.
Wholesale inflation inches up marginally to 0.53% in March
Food inflation moved up marginally to 6. 88 per cent in March from 5. 42 per cent in the same month a year ago, data showed.