The Government Securities (G-Sec) market will gain depth and liquidity via a healthy securities lending and borrowing market, which will facilitate effective price discovery, according to a notification.
Air India news: The FogCare initiative is a sincere effort to minimise inconvenience to guests whose flights are likely to get affected by fog. It will also help maintain network schedule integrity," Rajesh Dogra, Chief Customer Experience Officer of Air India, said today.
Rupee turns flat at 83.16 against US dollar in early trade.
Adani Green Energy has announced the execution of a PPA with the SECI to supply 1,799 MW of solar power.
In the year 2023, about 82 percent of Nifty stocks have given positive returns so far this year. The highest rise of 1,291 percent was seen in the shares of Jai Balaji Industries. Apart from this, Geeke Wires saw a rise of 544%, Orionpro Solutions saw a rise of 501%.
Three months ago, India jumped from seventh position to third in the automobile exports sector, surpassing powerhouses like Japan.
Air India: Air India's A350 will enter commercial service in January 2024, initially operating domestically for crew familiarisation, followed by longer-haul flying to destinations across continents. The schedule of commercial operations with the A350 will be announced in the coming weeks.
Business news: Sugam can be filed by individuals, HUFs and firms other than Limited Liability Partnerships being a resident having total income of up to Rs 50 lakh and income from business and profession.
The finance ministry said that any adverse global shock or extreme event is expected to uni-directionally impact all the economies in an interconnected and globalised world. A cross-country comparison shows that India has done relatively well.
Banks across several states will remain closed for 11 days starting with New Year - January 1, and ending with Me-Dam-Me-Phi - January 31. Scroll down to check bank holidays in the first month of 2024.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. Gold reserves were up USD 446 million to USD 47.577 billion during the week, the RBI said.
In August last year, Zomato-backed ShipRocket raised $33.5 million giving it a valuation of about $1.2 billion.
State-owned Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise cooking gas and ATF prices on the 1st of every month, based on the average international price in the previous month.
The 30-share BSE Sensex jumped 358.79 points to settle at 70,865.10. The Nifty rallied 104.90 points or 0.50 per cent to 21,255.05. Meanwhile, the rupee fell by 9 paise to settle at 83.27 against the US dollar on Thursday.
The subsequent market movements will be closely watched for insights into investor sentiment and potential shifts in the financial landscape.
For those with higher risk tolerance, investing in good stocks can accumulate impressive wealth over time. Assets can take the form of stocks, commodities, or mutual funds, aligning with one's growth pace.
The SME, starting on December 21 and closing on December 27, will see its equity shares listed on the NSE's SME exchange platform. Priced at Rs 180 per share, the IPO has a total issue size of 3,480,000 shares.
The 30-share BSE Sensex crashed 930.88 points to settle at 70,506.31. The index opened higher and later gained 475.88 points or 0.66 per cent to hit its all-time high of 71,913.07.
This comes after SpiceJet revealed last week that several wealthy individuals would invest over Rs 2,000 crore in the company using 320.8 million new equity shares and 130 million convertible warrants.
Top News
Latest News
