RBI to sell gold at ₹5,117 per gram in latest issue of sovereign gold bond
newslivenation The Reserve Bank of India has fastened the speed for investing in the sixth tranche of sovereign gold bond at ₹5117 per gram. The issue opens on Monday and closes…
Economy
After muted Q1FY21, pace of volume recovery key for IGL
City gasoline distributor, Indraprastha Gas Ltd’s (IGL) June quarter earnings had been depressed as covid-19 disruptions adversely impacted efficiency. Revenues declined by 59% year-on-year to ₹639 crore. This was pushed…
Investors who missed the rally in gold, silver now jumping into this metal
Platinum holdings in exchange-traded funds have surged to a file, elevating the prospect of a catch-up rally for the treasured metal after months of lagging gold and silver. More than…
Hopes of govt capex may leave investors in capital goods sector in despair
MUMBAI: The S&P BSE Capital Goods index has rallied round 12% in the previous month. Expectations of a authorities revival package deal for the infrastructure sector might be a cause…
Rupee posts biggest weekly gain against US dollar in 20 months
The Indian rupee rose to its highest stage in practically six months on Friday, gaining for a 3rd straight session as international buyers piled into home fairness markets. The partially…
New margin pledge system: Sebi to again meet brokers, depositories on Monday
New Delhi: Markets regulator Sebi will once more meet inventory brokers’ affiliation, depositories and clearing firms on Monday to analyse the readiness to implement the brand new guidelines on margin…
Yes Bank rises 5% after rating upgrade
MUMBAI: Shares of Yes Bank rose 4.7% after CRISIL upgraded its rating on the lender’s certificates of deposit (CDs) to A2+. At 0105 pm, shares of Yes Bank traded at…
Here are the top 10 highest dividend-paying stocks
In risky instances, traders rush in the direction of excessive dividend paying stocks to you’ll want to make some cash as they worry unsure capital positive factors in these markets.…
As pent-up demand fizzles out, cement prices take a beating across most regions
As the assist from pent-up demand fades, the sequential quantity restoration has misplaced momentum in August. Consequently, cement prices have corrected across most regions in India. The newest sellers’ channel…
NMDC’s steel unit hive-off likely to unlock value but execution counts
NMDC Ltd’s inventory was all fired up on Friday hovering almost 12%, although its June quarter outcomes have been hit exhausting by the covid-19 lockdown. The administration’s announcement to hive…
Inflation spike brings India bond rally shuddering to a halt
The rally in Indian sovereign bonds has met a stunning foe: inflation within the midst of the nation’s worst slowdown in additional than 4 a long time. A surge in…
Gold prices today rise after a big crash, silver rates edge higher
Gold and silver prices rose today in Indian markets after slumping within the earlier session. On MCX, October gold futures had been up 0.3% to ₹51,071 per 10 gram whereas…
Penny stock boom sparks gains for cos with no sales
Retail buyers’ frenzy over small shares in India has reached such extremes that shares of some firms that aren’t reserving any sales, not to mention earnings, are going by the…
Sensex ends higher for 6th session, Nifty above 11,650; Banks, financials lead
Photo: ANI 11 min learn . Updated: 28 Aug 2020, 03:39 PM IST Devansh Sharma Sensex settled at 39,467.31, up 353.84 factors or 0.90%, whereas Nifty superior 96 factors or…
Mutual fund strategy for beginners to create maximum wealth
I’m 22 years previous and I’ve simply began working as an occasion organiser. I dwell in Chandigarh and I earn ₹40,000 per thirty days. I’ve all the time learn that…