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India’s benchmark indices soared on Monday, with the BSE Sensex gaining 1,961 points (2.54%) to reach 80,109.85, and the NSE Nifty50 climbing 314 points (1.32%) to 24,221.90. The rally was fueled by the BJP’s victory in Maharashtra and positive global cues. Most sectors closed higher, with the Nifty PSU Bank index leading gains. ONGC, BEL, […]
Adani Group has reported robust financial results for H1 FY25, with a 17% YoY increase in EBITDA to USD 10 billion and a 30% annual growth in funds from operations. The group’s asset base surged by USD 9 billion to USD 60 billion, while gross debt increased by only USD 2 billion. Liquidity remains strong, […]
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1009, ★ Mumbai – ₹919, ★ Delhi – ₹919, ★ Kolkata – ₹919, ★ Bangalore – ₹919, ★ Hyderabad – ₹1009, ★ Kerala – ₹1009, ★ Pune – ₹919, ★ Vadodara – ₹919, ★ Ahmedabad – ₹919, ★ Jaipur […]
The Sensex and Nifty opened at fresh record levels in early trade today, November 25, 2024. The Sensex started trading today at 80292.19, up 1,175.08 points or 1.49%, and the Nifty was at 24269.60, up 362.35 points or 1.52%. Meanwhile, the Indian rupee was trading today at 84.37 against the dollar.
Zero-balance accounts offer several advantages, such as no minimum balance requirements, making them accessible for those with limited funds. They often come with basic banking features and lower fees. There are drawbacks, including limited access to services and fewer interest-earning options compared to regular accounts. It may impose charges for transactions beyond a certain limit.
NITI Aayog’s “Vikasit Bharat 2047” initiative aims to elevate India’s economy by focusing on the development of 20 select cities. Visakhapatnam, one of the pilot cities, is set to benefit from a detailed economic plan. NITI Aayog has identified 11 key growth indicators for these cities, including Mumbai, Varanasi, Surat, and Visakhapatnam, with the goal […]
Patanjali Ayurved reported a 23% increase in FY24 revenue, reaching Rs 9,335.32 crore, boosted by a significant rise in other income, including an Offer for Sale (OFS) of Patanjali Foods. Despite a 14% drop in core sales due to the transfer of its food business, the company saw a five-fold jump in profit to Rs […]
India’s Unified Payments Interface (UPI) reached a milestone of 16.6 billion transactions in October, showcasing its rapid growth, according to a Reserve Bank of India (RBI) report. UPI’s capabilities, including an 86% success rate for instant debit reversals, highlight its role in enabling seamless, cross-bank, peer-to-peer, and person-to-merchant transactions.
Here are the silver prices per 10 grams today in the top cities. ★ Chennai – ₹1010, ★ Mumbai – ₹920, ★ Delhi – ₹920, ★ Kolkata – ₹920, ★ Bangalore – ₹920, ★ Hyderabad – ₹1010, ★ Kerala – ₹1010, ★ Pune – ₹920, ★ Vadodara – ₹920, ★ Ahmedabad – ₹920, ★ Jaipur […]
Here are the prices of CNG cylinders per kg today in the top cities in India. ★New Delhi: ₹75.09, ★Rewari: ₹79.10, ★Sonipat: ₹80.40, ★Bangalore: ₹81.50, ★Bharatpur: ₹89.50, ★Dewas: ₹89.50, ★Firozabad: ₹89.50, ★Hyderabad: ₹90.50, ★Mathura: ₹89.50, ★Meerut: ₹79.00, ★Mumbai: ₹77.50, ★NCR: ₹74.09, ★Vijayawada: ₹90.50, ★Ranchi: ₹87.15, and ★Trivandrum: ₹85.50.
A U.S. judge has denied the SEC’s request to sanction Elon Musk for skipping a September meeting, citing his commitment to reimburse travel costs. Musk had missed the session to attend a SpaceX rocket launch. The SEC is investigating whether Musk delayed disclosing his Twitter stock purchase, which may have violated securities laws. Musk, who […]
Adani Group CFO Jugeshinder Singh addressed the ongoing fraud allegations on Saturday, clarifying that they relate to a single contract involving Adani Green Energy, which accounts for about 10% of the company’s business. In a post on X, Singh emphasized that none of the group’s 11 public companies or their subsidiaries are defendants in the […]
Adani Group clarified that US government report on the company pertains solely to one specific contract under Adani Green Energy, which represents approximately 10% of the subsidiary’s business. It also said that none of its 11 public companies are implicated or accused of any wrongdoing. It further strongly condemned US report, terming it “baseless.”
Google criticized a proposal from the US Department of Justice (DOJ) in its antitrust lawsuit, stating it would disrupt services, harm consumers, and weaken the US’s global technology leadership. The company argued that instead of addressing search distribution agreements with companies like Apple and Mozilla, the DOJ pushed a harmful interventionist agenda.
Binny Bansal, co-founder of Flipkart, has stepped down from PhonePe’s board after playing a key role in its acquisition in 2016. PhonePe appointed Manish Sabharwal as an Independent Director and Chair of its Audit Committee. CEO Sameer Nigam expressed gratitude for Bansal’s mentorship and welcomed Sabharwal’s expertise in macroeconomics to guide the company’s future growth.