NEWS
Germany is teetering on the edge of recession, with its economy barely growing at 0.02%. The IMF has cut its forecast for Germany’s economic growth for both this year and the next. Volkswagen, one of Germany’s largest automotive companies, has reported disappointing results and is planning to cut wages by 10% to save jobs. A…
NSE: ADANIPOWER: Rs.596.90 at 1 Nov, 7:00 pm IST On October 31st, Adani Power Jharkhand Limited (APJL), a subsidiary of the Adani Group, cut its electricity supply to Bangladesh by more than half due to outstanding dues. The supply was reduced from 1,496 MW to around 700 MW, intensifying Bangladesh’s energy deficit by over 1,600 MW….
10g of 24k gold (99.9%) in Mumbai is Rs. 81,690.00 Indian Rupee on 31 Oct, 6:05 pm IST Fintech companies are seizing the Diwali season to boost digital gold offerings for multiple reasons: Cultural Significance: Diwali as a Gold-Buying Occasion: Traditionally, Diwali is viewed as an auspicious time to buy gold, symbolizing wealth and prosperity. Aligning…
NIFTY IT: 40,407.55 (-3.03%) The IT index plays a significant role in the Nifty 50 index, as it includes several major technology companies that contribute heavily to Nifty’s overall performance. The Nifty IT index represents the performance of the top IT companies in India, like TCS, Infosys, and Wipro, which have high market capitalizations and…
NSE: IRFC :Rs.154.78 (7.84%) at 2:38pm IST Incorporated in 1986, Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease IRFC, as the financing arm of Indian Railways, is deeply entwined with government infrastructure plans,…
On October 29, 2024, during the Dhanteras festival, Oil Marketing Companies (OMCs), including Indian Oil Corporation, announced an increase in dealer commissions for petrol pump operators, effective October 30, 2024. The change, following the resolution of a legal matter, will not affect the retail prices of petrol and diesel products. This revision is designed to…
Tata Power Renewable Energy Ltd. (TPREL) has partnered with IndusInd Bank to provide financing for Micro and Small Enterprises (MSEs) interested in adopting solar power systems. This collaboration allows MSEs to access collateral-free loans ranging from ₹10 lakh to ₹2 crore, depending on credit approval, and requires a 20% margin. Loan tenures extend up to…
Currently festive season is going on dashera gone and diwali is staring still why auto shares are day by day decling lets find out the and discuss in this article. The festive season in India brings a blend of optimism and apprehension, especially within the auto industry. Traditionally, this time of year sparks hopes for…
NSE: JIOFIN: Rs.322.70(+1.91%) at 2.03 pm IST Jio Financial Services (JFS), a financial services subsidiary of Reliance Industries, has recently formed a significant partnership with BlackRock, a global leader in investment management, marking a major step into India’s mutual fund industry. This collaboration has led to the creation of two new entities: Jio BlackRock Asset…
Gold rate today: Rs.80,415.00 Indian Rupee (28 Oct, 6:15 pm IST) Happy Dhanteras! Investing in gold on this auspicious day is a tradition for many. Here’s a summary of various ways you can invest in gold, along with some considerations Investing in gold offers various avenues, each with distinct characteristics Physical Gold (Jewelry, Bullion, Coins): Pros:…