The domestic stock market opened at a record high on Monday. Benchmark equity indices started the trading session on a positive note. The National Stock Exchange (NSE) Nifty 50 opened 0.25% higher at 25,856.05, while the Bombay Stock Exchange (BSE) Sensex rose 150 points to open at 84,693. The broader …
Read More »September is the busiest month in 14 years in terms of IPO, 54% of the allotted shares are sold within 1 week of listing
IPO Next Week: The month of September is going to be the busiest in the last 14 years in terms of IPOs in the mainboard and SME segment. So far this month, more than 28 companies have entered the market. The Reserve Bank of India (RBI) said this in the bulletin …
Read More »Anil Ambani’s Reliance Group started the journey of change, know what’s next?
Anil Ambani‘s Reliance Group has seen its major firms being auctioned in bankruptcy proceedings and drowning in debt in recent years, but the group made announcements last week that investors are considering as signs of change. The group announced in three days from September 18 to September 20 that it …
Read More »Indian economy will continue to grow at a rapid pace, now Deloitte has said this big thing amidst the global recession
Amid the signs of recession in the world, the Indian economy will maintain its growth pace without stopping, without getting tired. Deloitte South Asia Chief Executive Officer (CEO) Romal Shetty has said that India remains a bright spot amid the disappointing global scenario. He said that the country can register …
Read More »Rich Indians are drinking expensive scotch whisky and wine to their heart’s content, so many crore bottles have been consumed
The number of rich people in India has grown rapidly in the last few years. With this, the demand for expensive Scotch whisky and wine has increased. According to a Swiss researcher, sales of Scotch whisky and fine wine have registered double-digit growth, which is even higher than the rate of …
Read More »If transaction charges are imposed on UPI service, 75% users will stop using it, know the main points of the survey
If any kind of transaction fee is imposed on UPI service, 75 percent of users will stop using it. This conclusion has been drawn in a survey released by ‘LocalCircles’ on Sunday. According to the survey, 38 percent of users make 50 percent of their payment transactions through UPI instead of …
Read More »Foreign investors looted the Indian stock market, bought stocks worth Rs 33,700 crore in just 20 days
Foreign portfolio investors (FPIs) have invested about Rs 33,700 crore in the Indian stock markets so far this month. The main reason for this is the reduction in interest rates in the US and the strength of the Indian market. Depository data shows that this is the second-largest figure for …
Read More »Investors of ICICI and HDFC Bank made huge profits, people suffered losses in TCS-LIC, know the details
The market capitalization (m-cap) of six of the 10 most valuable Sensex companies collectively jumped by Rs 1,97,734.77 crore last week. ICICI Bank and HDFC Bank were the biggest gainers. The 30-share BSE Sensex gained 1,653.37 points or 1.99 percent last week. On Friday, the Sensex rose 1,359.51 points or …
Read More »A meeting will be held in Goa on September 25 to change the GST rates, this big decision may come
The Group of Ministers (GoM) on rationalization of GST rates will meet on September 25. Changes in tax slabs and rates may be discussed in the meeting. An official said that the Group of Ministers on rate rationalization will meet on September 25 in Goa. The six-member Group of Ministers (GoM) …
Read More »Edible Oil Prices: Mustard and soybean oil became expensive, peanut oil declined, know the latest prices
In the country‘s edible oil-oilseeds market, last week, due to weak demand for groundnut oil-oilseeds and de-oiled cake (DOC), the prices of soybean oilseeds closed with a decline amid low trading at high prices. At the same time, the prices of mustard oil-oilseeds, soybean oil, crude palm oil (CPO) palm …
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