The rupee appreciated 30 paise to close at 81.63 (provisional) against the US dollar on Thursday as a weak greenback in the overseas market and a rally in domestic equities boosted investor sentiments. Forex traders said the dollar fell in international trade post the weak US data and dovish Fed…
The rate of diesel and petrol have not been changed on 30 November 2022 and costs have been steady for about six months now. In Mumbai, petrol costs Rs 106.31 per litre and diesel is at Rs 94.27 per litre. The petrol rate and diesel price in Delhi are at…
The Union government should moderate the excise duty it levies on CNG till such time that the environment-friendly natural gas is included in the one-nation-one-tax GST regime, Kirit Parikh Committee has recommended. Natural gas is currently outside the ambit of GST, and existing legacy taxes — central excise duty, state…
Dharmaj Crop Guard shares listed at a 12% premium over IPO price on NSE and BSE amid flat domestic market. Dharmaj Crop Guard stock made its market debut at Rs 266 on the BSE, as compared to the public issue price of Rs 237. The scrip shortly thereafter rose to…
PB Fintech share prices soared 6% in trade on Friday morning before settling to trade 2% higher amid reports of Softbank divesting a 5% stake in the PolicyBazaar parent. Despite reports of the block deal being sold at a discount from Thursday’s closing price, Policybazaar shares rallied to hit an…
Indian benchmark indices are expected to open in the green amid positive global cues. Trends in the SGX Nifty hinted at a positive opening for domestic equities as Nifty futures traded 77 pts higher at 18994 on the Singapore Exchange. In the previous session, the BSE Sensex rose 418 points…
Cipla received an update from the US FDA regarding inspection conducted in August 2022 at its Goa plant that it retains OAI (official action indicated) status for the facility. This implies that the FDA (food and drug administration) may continue to withhold product approvals from this plant till outstanding GMP…
The rupee pared its initial gains and settled down by 9 paise at 81.35 (provisional) against the US dollar on Friday as the support from weak dollar was negated by weak domestic markets and a surge in crude oil prices. Forex traders said foreign fund outflows also weighed on investor…
Foreign investors have upgraded India as a dedicated allocation in their investment portfolios given the strong economy, stable government and significant reforms undertaken over the last eight years, equity experts have said. According to the experts, who participated in Futures Industry Association (FIA) Asia trade conference held in Singapore from…
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold rate was negative on Thursday as a result of negative global cues, while silver rate was down 0.27%. On Multi Commodity Exchange, gold February futures were trading at Rs 53,957 per 10 grams, down Rs 30 or 0.06%. Silver March…