Sugar mills have urged the government to allow exports of 8 million tonne (MT) of the sweetener under the open general licence (OGL) in the next season which commences on…
Headcount falling, but employee cost rising at top four IT firms
Despite a drop by 36,000 employees in their cumulative headcount in the last one year, top four IT companies – TCS, Infosys, HCLTech and Wipro – haven’t been able to…
Kukshi Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates
As anticipation mounts for the upcoming Kukshi Constituency Election in Madhya Pradesh, voters are eagerly awaiting the big battle that kicks off with the announcement of key dates by the…
Q1FY23 scorecard for equities, bonds, currency
With FPIs extending selling for the 9th straight month in June, Q1FY23 witnessed a record quarterly outflow of $15.03 billion from equity markets, writes Yoosef KP in Mumbai. Bulk of…
Rupee likely to depreciate amid weak dollar, easing crude prices; USDINR pair to trade sideways in this range
The Indian rupee is expected to appreciate on Friday amid weak dollar and fall in crude oil prices. Further, investors will closely watch ISM manufacturing PMI data, which is expected…
Apollo Tyres share price tanks 23% so far in 2022; analysts remain bullish, see up to 73% potential rally
Share price of Apollo Tyres has tanked 23 per cent so far in 2022. However, analysts remain bullish and see up to 73% upside going forward. According to analysts, Apollo…
Markets’ relief short lived: Equity indices shed 1.4% in broad-based selloff
The relief rally on the Dalal Street was short lived, with the key indices giving up much of their previous day’s gains on Wednesday. Markets shrugged off the overnight rally…
Gold gains Rs 65; silver rises Rs 307
Gold price in the national capital increased by Rs 65 to Rs 52,050 per 10 grams on Tuesday amid rupee depreciation, according to HDFC Securities. In the previous trade, the…
Gold to get costlier: Gold import duty hiked by 5%; this is how much you’ll pay in taxes now
India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30. This step has been taken to…
Sebi comes out with guidelines for ‘Large Value Fund’ for accredited investors – check details
Capital markets regulator Sebi on Friday came out with new guidelines for “Large Value Fund” for accredited investors, pertaining to filing of such schemes and extension of their tenures beyond…