Mandi prices of several varieties of basmati paddy are ruling 11-14% higher than the last year levels, one month after the government’s decision to reduce the minimum export price (MEP) of basmati rice to $950/tonne to give a boost to exports. Exporters said that robust global demand especially from Middle-East and the restrictions on non-basmati [
After Sports Ministry suspends WFI, ex-chief Brij Bhushan says ‘done with wrestling’
After the Sports Ministry suspended the Wrestling Federation of India (WFI), former chief of the apex wrestling body Brij Bhushan Sharan Singh on Sunday said he is “done” with the sport and that the newly-elected body will now take care of wrestling matters. “Whatever has to be done with regards to wrestling in India, it […]
Lunar Eclipse 2023: Cosmic wonder captured! See stunning visuals of ‘Chandra Grahan’
1/6 India along with the rest of Asia, Europe and Africa have witnessed a partial lunar eclipse on Saturday night. The celestial phenomenon continued till the early hours of Sunday. The moon has been partially eclipsed by the shadow of the earth for some time and gives people in India a chance to witness a […]
Tata Technologies IPO to open for subscription on Nov 22
Tata Technologies, which provides engineering and product development digital services, has said its initial public offering (IPO) will open for public subscription on November 22. The company, a unit of Tata Motors, filed the RHP (red herring prospectus) on November 13, 2023 with the Registrar of Companies, Maharashtra, Tata Motors said in a regul
Will Nifty add gains to rise above 19850 or fall further in trade? See GIFT Nifty, FII data, F&O ban, crude, more before market opens
GIFT Nifty traded flat at 19,868 up merely 0.02%, indicating a lacklustre opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 ended down by 9.85 points or 0.05% to settle at 19,802, while the BSE Sensex ended flat at 66,017.81 down merely by 5.43 points […]
Alkem Labs, Sanofi India, Bajaj Auto and Hero MotoCorp among 118 stocks that hit 52-week high; 12 touch 52-week low
Benchmark equity indices are trading during the intra-day trade on Thursday. The NSE Nifty 50 is trading at 19,809.30 down merely 0.01%, while the BSE Sensex trades at 66,041.66 up merely 0.03%. Samllcap and Midcap stocks are leading the gains among the broader indices. The Bank Nifty index is trading at 43,591.35 up 141.75 points […]
T+0 by March, instant a year later: Sebi
The Securities and Exchange Board of India (Sebi) board on Saturday did not make any changes to existing delisting regulations, citing insufficient data. “Since the number of delisting applications over the five years was small, the data was quite limited to draw significant conclusions. Therefore, the board suggested we go back and gather more dat
Rating: reduce | ONGC targets steady production
ONGC’s Q2FY24 Ebitda of Rs 18,400 crore experienced a 6% q-o-q decline, landing 8% below our estimate. This decrease can be attributed to slightly lower-than-anticipated volumes, elevated other expenses, and statutory levies. On the positive side, DD&A (depreciation, depletion and amortisation) costs of Rs 6,000 crore dropped by 11% q-o-q, surp