- India
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Friday, Apr 05, 2024
Journalism of Courage
RBI defers exchange traded currency derivatives norms
April 5, 2024 05:40 IST
Deferred to May 3 from April 5
India Inc set to raise over Rs 1 lakh cr via IPOs in FY25
April 5, 2024 05:40 IST
According to investment bankers, the momentum is visible with a host of companies preparing to enter the IPO space. A total of 56 companies have filed their documents with SEBI targeting to raise Rs 70,000 crore.
Veg thali prices rise by 7 pc, non-veg down by 7 pc: Report
April 5, 2024 04:40 IST
The cost of the veg thali increased due to a surge of 40 per cent, 36 per cent and 22 per cent on-year in prices of onion, tomato and potato, respectively, due to lower arrivals of onion and potato and low base of last fiscal for tomatoes, Crisil said.
No proposal to resume sale of subsidised rice for ethanol production: Food Secretary
April 4, 2024 23:21 IST
"Since July last year, rice has not been diverted for ethanol production. There is no proposal as of now to revisit that policy," Chopra told reporters.
NCLAT asks IRP of Dream 11 to maintain it as a going concern; not to take steps for insolvency
April 4, 2024 22:48 IST
The appellate tribunal said it has already stayed the Corporate Insolvency Resolution Process (CIRP) of the company.
Boeing pays Alaska Airlines $160 million in compensation for blowout of panel during flight
April 4, 2024 22:42 IST
The payment covered Alaska's pretax loss related to the accident, including lost revenue and the cost of returning its Max 9 fleet to service after the planes were grounded for three weeks.
RBI defers exchange traded currency derivatives norms to May 3
April 4, 2024 19:24 IST
RBI Says framework for exchange traded currency derivatives (ETCD) consistent; no change in policy approach
Rupee rises 9 paise to close at 83.44 against US dollar
April 4, 2024 16:20 IST
A weak US dollar against major crosses overseas also supported the domestic unit. However, elevated crude oil prices and sustained foreign fund outflows capped the sharp gain, forex traders said.
Vedanta commences mining in Goa’s Bicholim block
April 4, 2024 15:43 IST
"Heralding a new era of inclusive development, Vedanta Sesa Goa commenced mining operations at Bicholim Mineral Block- Block 1 in the state of Goa," the company said in a statement.
Neither expect, nor asked India to curb Russian oil imports; price cap a success, say US officials
April 4, 2024 20:51 IST
Officials clarified that oil importers like India, which are not part of the price cap coalition comprising G7 countries and their allies, are not bound by the price cap as long as their purchase of Russian oil does not involve any shipping or insurance service from providers in the coalition countries
Gold scales fifth consecutive record high after Federal Reserve’s comments
April 4, 2024 14:13 IST
Spot gold edged down 0.2% at $2,293.54 per ounce, as of 0815 GMT after hitting an all-time high of $2,304.09 earlier in the session. U.S. gold futures fell 0.1 at $2,312.40.
Vedanta’s aluminium output rises 4% in Q4
April 4, 2024 13:47 IST
The company's aluminium production was 5,74,000 tonne in the corresponding quarter of FY23, Vedanta said in a filing to BSE.
Avenue Supermarts’ shares hit 52-week high, regains mcap of Rs 3 lakh crore
April 4, 2024 13:13 IST
The company's shares surged after DMart owner posted a rise of up to 20 per cent in its standalone revenue from operations to Rs 12,393.46 crore for the March quarter.
Japan’s Nikkei ends higher as profit-taking in new fiscal year ends
April 4, 2024 12:51 IST
The Nikkei rose 0.81% to close at 39,773.14, after rising as much as 2% to cross 40,000. The broader Topix ended 0.94% higher at 2,732.00.
Housing sales rise 9%, office leasing up 43% in top 8 cities in January-March: Report
April 4, 2024 12:22 IST
Releasing its 'India Real Estate: Office and Residential Report (January-March 2024)' through a webinar on Thursday, Knight Frank India said housing prices rose in the range of 2-13 per cent annually during January-March across these eight cities - Delhi-NCR, Mumbai, Chennai, Kolkata, Hyderabad, Bengaluru, Pune and Ahmedabad. Office rent grew by 1-9 per cent.
Oil prices remain close to $90 a barrel on concerns of lower supply
April 4, 2024 11:54 IST
Brent futures for June rose 31 cents, or 0.4%, to $89.66 a barrel at 0443 GMT. U.S. West Texas Intermediate (WTI) futures for May rose 30 cents, or 0.4%, to $85.73 a barrel.
Entertainment Extravaganza: Airtel Xstream Fiber Brings a World of Entertainment Right to Your Fingertips!
April 4, 2024 10:56 IST
Ever since Airtel entered the world of entertainment, it has unlocked the world of possibilities, offering users unparalleled access to a myriad of content, seamless streaming, and a personalized experience.
Sensex, Nifty open at all-time highs tracking positive global cues
April 4, 2024 10:45 IST
The BSE’s Sensex opened at an all-time high of 74,413.82, up 0.72 per cent, compared to the previous close of 73,876.82. The Nifty 50 jumped around 0.7 points to open at a record high of 22,592.10.
Stock Market Highlights: Sensex advances 350 pts, Nifty closes above 22,500 mark
April 4, 2024 16:15 IST
Stock Market Highlights: Sensex opened 492.54 points, or 0.67 per cent higher at 74,369.40 while Nifty opened 144.60 points, or 0.64 per cent higher at 22,579.30.
Disney prevails over Peltz, ending bitter board battle
April 4, 2024 08:05 IST
Iger received the backing of 94% of voting shareholders. Peltz was supported by 31%.
Debt-ridden Vi’s shareholders okay Rs 20K cr equity fundraise
April 4, 2024 04:15 IST
The company’s board will next meet on April 6 to consider and approve the proposal for the issuance of equity shares or convertible securities on a preferential basis.
‘India plant: Tesla to send team this month’: Financial Times report
April 4, 2024 08:32 IST
“Tesla would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat in the west and Tamil Nadu in the south,” said a report by the Financial Times.
Vistara management assures better rostering, tries to allay pilots’ concerns on new contracts, merger with Air India
April 4, 2024 07:22 IST
There appears to be discontent among a section of Vistara pilots, mainly first officers, over the new compensation structure, among other factors
India to build first commercial crude oil strategic storage
April 3, 2024 19:24 IST
India, which meets over 85 per cent of its oil needs through imports, will use the strategic reserves in any emergency situation like supply disruption or war.
Ransomware attacks continue to loom large over Indian cyberspace: Kaspersky
April 3, 2024 19:03 IST
According to the company, major ransomware groups such as Fonix and LockBit targeted global as well as Indian organisations in various sectors, including manufacturing, retail, agriculture, media, and healthcare.
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SportsUpdated: April 5, 2024 05:27 IST
The Chess Candidates Tournament 2024 Round 1 has begun with 16 top players, including five Indian grandmasters, competing for a chance to face world champions Ding Liren and Li Wenjun. The tournament will be a double round robin with 14 games, but former champion Magnus Carlsen will not be participating. Stay tuned for updates.
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