ITC shares have jumped 20 per cent so far this year, outperforming Nifty 50 which has plunged 10 per cent so far in 2022 amid severe market volatility. ITC shares…
Concord Enviro Systems files IPO draft papers with Sebi
Concord Enviro Systems, an environmental engineering solutions firm, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises fresh issuance of…
Govt allows sugar exports of one million tonne since putting a cap
The government has allowed exports of one million tonne of sugar since its notification on May 24 to regulate outbound shipments to keep local supplies steady, a senior official told…
Govt expects more companies to reduce MRP of edible oils
The government on Friday said it expects more companies to reduce maximum retail prices of cooking oils by up to Rs 15 per litre to pass on the benefit of…
Gold import duty hike may weaken precious metal demand; MCX Gold August may decline to Rs 51400 per 10 gram
By Jigar Trivedi The Indian government has raised the import tax on gold from 7.5% to 12.5%. The step has been taken in an effort to curb imports, as the…
Sensex crashes over 1,600 pts from day’s high, Nifty at fresh 52-week low; what’s dragging D-Street today?
BSE Sensex and Nifty 50 tanked nearly 2 per cent on Thursday, a day of weekly F&O expiry. S&P BSE Sensex nosedived 1,618 points from day’s high to 51,524, while…
Niti Aayog explores ways to reduce trade gap with China
Government’s economic policy think tank Niti Aayog has initiated a study on how to reduce dependence on Chinese imports and reduce trade gap with the northern neighbour while simultaneously rolling…
Petrol and Diesel Price Today June 27: Fuel rates stagnant; Check prices in Delhi, Mumbai, other cities here
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The prices of petrol and diesel continue to remain unchanged on Monday (27 June) as OMCs kept prices steady.…
Gold prices to trade sideways to down this week on demand growth worries, recession fears; support at Rs 49800
By Tapan Patel Commodity prices traded lower with most of the commodities in the non-agro segment extended decline for the week on demand growth worries and recession fears. Bullion prices…
Titan company rating: Buy | Duty hike unlikely to hit prospects
Government of India (GoI) has raised the basic customs duty on jewellery imports to 12.5% (from 7.5%), effective 30 June, 2022. Through this move, it intends to curtail gold imports…