Markets Continued Their Downward Journey
Markets: Sensex slumps for 3rd straight session, ends 241 points lower. Nifty ended 71.80 points lower at 18,127.30. About 754 shares advanced, 2699 shares declined, and 86 shares were unchanged. All sectors ended the day in red, barring Nifty IT index which ended flat. The Indian rupee advanced against the U.S. currency on Thursday, tracking …
SEBI Brings Changes In Buyback Rules
SEBI: The Securities and Exchange Board of India has tweaked its SEBI Regulations 2018 rules on buyback of shares by companies. Among the amendments, companies can now use 75 per cent of the proceeds of the buyback undertaken through the stock exchange route from the existing minimum of 50 per cent. The SEBI has said …
Reliance To Acquire Metro AG’s India Business
Reliance Industries Ltd will acquire German firm Metro AG's wholesale operations in India for Rs 2,850 crore as the conglomerate run by billionaire Mukesh Ambani seeks to strengthen its dominant position in India's mammoth retail sector.
SGX Nifty Signals A Positive Start
Oil prices rose for a fourth straight day on Thursday with U.S. crude, heating oil and jet fuel stocks seen tight just as a chilly blast hits the United States and travel is set to soar for the holiday season. Brent gained 34 cents to $82.54 a barrel, while U.S. crude rose 44 cents to $78.73 per barrel.
Petrol Diesel Price Today: The Price Of Petrol And Diesel In India
Petrol Diesel Price: Indian companies have also released new prices of petrol and diesel on Thursday morning, 22 DECEMBER 2022. Today there is no change in the oil prices in India.
Closing Bell: Stock Market Were In Deep Red
Closing Bell: The benchmark equity indices on the BSE and National Stock Exchange (NSE) fell for the second consecutive day, falling over 1 percent on Wednesday ahead of the release of the minutes of the Reserve Bank of India’s latest monetary policy meet and key macroeconomic data from the US, while fears of a recession …
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RBI Governor: Next Financial Crisis Will Come From Private Cryptocurrencies
RBI Governor, Shaktikanta Das, has predicted that the next financial crisis will happen due to private cryptocurrencies. Speaking at the Business Standard BFSI Insight Summit, Governor Das claimed that those private cryptocurrencies have no “underline” value and pose risks for macroeconomic and financial stability. “Cryptocurrency poses risks for macroeconomic and financial stability. Private cryptocurrencies owe their …
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Twitter To Get New ‘Foolish’ CEO
Twitter CEO Elon Musk has announced that he will resign from his post as soon as he finds someone “foolish enough to take the job”. His comment came after people voted in favour of his resignation in a Twitter poll he posted earlier. I will resign as CEO as soon as I find someone foolish …
Tata Group Moves High Court On Rs 1,500 Crore GST Claim
Tata Group has approached the Bombay High Court seeking to contest a Rs 1,500-crore goods and services tax (GST) notice from the Directorate General of GST Intelligence (DGGI).
Share Market Opens In Green
Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 66 points on Wednesday, supported by positive cues from the Wall Street and Asian markets.
