Category: Uncategorized

The Centre has allowed States to notify losses to crops due to wild animal attacks as an add-on cover to the PM crop insurance scheme, according to Narendra Singh Tomar, Union Agriculture and Farmers’ Welfare Minister. Replying to a query on inclusion of crop loss due to attacks by wild animal under Pradhan Mantri Fasal […]

In its August review, MSCI, the index provider, added eight Indian companies to its MSCI Global Standard Index, effective September 1. The newly included stocks are Power Finance Corporation (PFC), REC, HDFC AMC, IDFC First Bank, Astral, Cummins India, and Supreme Industries, while ACC has been excluded from the index. This move did not have […]

Pyramid Technoplast, an industrial packaging company, plans to raise ₹153 crore through an initial public offering which opens next Friday and closes on August 22. The company will offer 92.20 lakh equity shares at a price range of ₹151-166. The offer includes fresh equity issuance of ₹91.30 crore and offer for sale of ₹61.75 crore […]

U.S. equities concluded the trading day with declines on Wednesday, following a report indicating a surge in credit card borrowing among Americans during the last quarter. The market also braced for the upcoming U.S. Consumer Price Index (CPI) inflation data, which holds the potential to influence decisions regarding interest rates by the Federal Reserve. Anticipation […]

Natural Gas prices has been moving up since the start of this week. The Natural Gas Futures contract on the Multi Commodity Exchange (MCX) has risen breaking the resistance at ₹227 per mmBtu sideways range on the upside. The contract is currently trading at ₹231 per mmBtu. Outlook Immediate resistance is at ₹233. This level […]

Target: ₹500 CMP: ₹491.95 Emami’s Q1-FY24 domestic sales were impacted due to weak performance in its summer range (-5 per cent yoy; 40 per cent of Q1 sales) due to the impact of unseasonal rains and sluggish demand in rural markets. The non-summer range grew 16 per cent yoy. E-commerce and modern trade salience increased […]

Benchmark equity indices fell in early trade on Tuesday despite a firm beginning as investors preferred to remain on the sidelines ahead of the key events — RBI’s monetary policy and the US inflation data — due later this week. Continuous foreign fund outflows played spoilsport for the domestic markets. In early trade, the 30-share […]

The rupee gained 5 paise to close at 82.76 (provisional) against the US dollar on Monday, tracking positive domestic equities. However, sustained foreign fund outflows and a stronger American currency in the overseas market dented investor sentiments, forex traders said. At the interbank foreign exchange market, the local unit opened at 82.73 against the US […]

The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts said. Other major factors such as global market trends, the movement of oil prices and the trading activity of foreign investors would also influence trading, they added. “The market […]

With the introduction of the merchandise collection, the brand aims to provide its customers with a means to not only embrace the electric revolution through motorcycles but also to wear and display the brand’s ethos and values. The collection features sleek and contemporary designs that align with Revolt’s cutting-edge image, offering t-shirts, hoodies, jackets, jeans, […]