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Congress Workers burn an effigy of PM Narendra Modi after SC rejected Electoral Bond

Congress Workers burn an effigy of PM Narendra Modi after SC rejected Electoral Bond

15-02-2024  comments

Ranchi: Jharkhand Pradesh Congress Committee (JPCC) President Rajesh Thakur said, The decision given by the Supreme Court on electoral bonds has fallen like a hammer on Modi's cherished dreams of converting the black money of corporate houses…

FII selling in Indian markets could intensify after hotter than expected US inflation numbers

FII selling in Indian markets could intensify after hotter than expected US inflation numbers

14-02-2024  comments

New Delhi (IANS) A major catalyst driving the rally in global equity markets has been on the expectations of a rate cut by the Fed, says V.K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

The Fed had indicated possibly…

India’s WPI inflation eases to 0.27% in Jan

India’s WPI inflation eases to 0.27% in Jan

14-02-2024  comments

New Delhi (IANS) India's inflation based on the wholesale price index eased to 0.27 per cent in January compared to 0.73 per cent in December, data released by the Commerce and Industry Ministry on Wednesday showed.

The prices of manufactured…

Markets recover from day’s low led by buying in bank stocks

Markets recover from day’s low led by buying in bank stocks

14-02-2024  comments

Mumbai (IANS) The domestic market staged a recovery from day’s low, buoyed by renewed buying interest in banking stocks on Wednesday, said Vinod Nair, Head of Research at Geojit Financial Services.

At close on Wednesday, Sensex was up 267.64…

Tata Motors cuts prices of electric cars by up to Rs 1.2 lakh

Tata Motors cuts prices of electric cars by up to Rs 1.2 lakh

13-02-2024  comments

New Delhi (IANS) Tata Motors on Tuesday cut the prices of its electric cars by up to Rs 1.20 lakh as the company passed on to consumers the decline in the cost of battery cells of electric vehicles.

Tata Passenger Electric Mobility will now…

Indian domestic airline industry to log over 20% operating profit in FY25: CRISIL Ratings

Indian domestic airline industry to log over 20% operating profit in FY25: CRISIL Ratings

13-02-2024  comments

Chennai (IANS) Following a near tripling of operating profit in FY24, the domestic airline industry will see its operating profit to touch over 20% next fiscal, said credit rating agency CRISIL Ratings Ltd.

“The domestic airline industry will…

Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share

Bosch posts 62% jump in net profit, declares interim dividend of Rs 205 a share

13-02-2024  comments

New Delhi (IANS) Auto components major Bosch Ltd on Tuesday reported a 62 per cent jump in net profit at Rs 518 crore for the October-November quarter of the current financial year compared to the corresponding figure of Rs 318.9 crore in the same…

Small and mid cap indices under selling pressure as markets extends losses

Small and mid cap indices under selling pressure as markets extends losses

12-02-2024  comments

New Delhi (IANS) BSE Sensex is now down more than 300 points as the markets extended losses on Monday.

BSE Sensex is now at 71,218.82 points, down 376.67 points or 0.53 per cent.

IT and pharma stocks are the few sectors holding up with…

Indian stock market multiplied 4 times compared to zero returns for China since 2010

Indian stock market multiplied 4 times compared to zero returns for China since 2010

12-02-2024  comments

Mumbai (IANS) The Chinese market’s underperformance has been stark for many years now, said V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

In early 2010, the Shanghai composite index was around 3,000. Now it is…

Sovereign Gold Bonds to be issued from Feb 12-16

Sovereign Gold Bonds to be issued from Feb 12-16

10-02-2024  comments

New Delhi (IANS) Finance Ministry on Friday said that the Sovereign Gold Bonds 2023-24 (Series IV) will be opened for subscription during February 12-16, with settlement date as February 21.

The gold bonds will be issued by the RBI at a price…

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