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Gold price rose ₹100 to ₹60,050 per 10 grams in the national capital on Tuesday amid a jump in the prices of the yellow metal globally, according to HDFC Securities. In the previous trade, gold had settled at ₹59,950 per 10 grams. Silver prices also climbed ₹600 to ₹77,000 per kilogram. Also read: Investment in […]

Target: ₹2,935 CMP: ₹2,400.95 Thermax Limited provides equipment and services solutions in the areas of energy and environment which comprises heating, cooling, power, water & waste management, air pollution control, and chemicals. The company’s focus on energy and environment-friendly solutions and products led to growth which is supported by changing emission norms and growing demand […]

SOM Distilleries and Breweries Ltd. has received permission to supply its beer brands in the state of Rajasthan, as per a press release filed under Regulation 30 of SEBI (LODR) Regulations. Rajasthan, recognised for its substantial beer consumption, stands among the top five states in India in terms of market demand. SOM Distilleries and Breweries […]

The Member and Core Settlement Guarantee Fund Committee of the National Stock Exchange of India Limited has barred Angel One broking from onboarding new authorised person (APs) for a period of six months. Authorised persons are the market intermediaries who act as the contact point between the investors and the stockbrokers to facilitate the entire investment process for […]

The net inflow in the small-cap mutual funds increased 58 per cent in the June quarter to ₹10,936 crore against ₹6,932 crore in March quarter as the euphoria on the small-caps making it big in the growing economy hit a new high along with market barometer Sensex. The overall asset under management of 24 small […]

Sri Lanka would want to see the Indian rupee used as much as the US dollar, President Ranil Wickremesinghe has said, days ahead of his first official visit to New Delhi. Wickremesinghe, also the cash-strapped country’s finance minister, made this remark while addressing the Indian CEO Forum here this week. “Just as East Asia, including […]

Netweb Technologies India has garnered ₹189.015 crore from anchor investors ahead of its initial public offering, which opens to public on Monday. The company has allocated 37.80 lakh shares at ₹500 a share to anchor investors. Top foreign investors and domestic institutions such as Nomura Funds, Goldman Sachs Funds, ICICI Prudential MF & Life Insurance, […]

Prices of Indian rice have increased by nearly 10 per cent over the past couple of weeks in the global market, but still they continue to be competitive as prices of the cereal from other origins have also gone up. However, the high prices have dried up export demand.  “Indian rice prices have gone up […]

Benchmark stock indices hit their all-time high levels in intra-day trade on Thursday, with Sensex breaching the historic 66,000-mark for the first time following a rally in global markets amid moderating US CPI inflation data. Buying in market heavyweight stocks Infosys, ICICI Bank and Tata Consultancy Services also helped markets settle in the positive territory. […]

The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut import of non-essential items. Now an importer would need a permission of licence from the government for importing these gold products. However, the Directorate General of Foreign Trade (DGFT) said that the restrictions will not be […]