The Indian stock market has achieved a significant milestone as the market capitalisation of companies listed on the Bombay Stock Exchange (BSE) soared to USD 5 trillion, marking a historic high on May 21, according to exchange data released on Tuesday. ...
The Indian government has called upon both state-run oil refiners and private giant Reliance Industries Ltd. (RIL) to collaborate on negotiating a long-term supply deal with Russia. This rare request, according to insiders familiar with the matter, underscores India's proactive response ...
India's imports of Russian oil surged to a nine-month high in April, following the resumption of shipments on non-sanctioned tankers operated by Sovcomflot, Russia's largest shipping company. Data from shipping and trade sources indicate that Indian refiners imported nearly 1.8 million ...
Shares of CG Power and Industrial Solutions dropped by 3% on Tuesday following a significant block deal on the exchanges. This deal involved the transfer of a 0.5% stake in the company. Market sources indicate that the block deal was likely ...
Balkrishna Industries' shares surged by 10% in early trade on May 21, reaching a fresh 52-week high. This jump follows the company's impressive Q4 earnings report, which exceeded market expectations. On the BSE, the shares climbed 9.45% to Rs 3057, while ...
Indian Energy Exchange (IEX), a premier electronic system-based power trading exchange in India, recently declared a significant dividend payout of 150% for each stock as part of its Q4 results for the financial year 2023-24. This move underscores IEX's commitment to ...
The Oil and Natural Gas Corporation (ONGC) has reported a 78% rise in consolidated net profit at Rs 11,526.53 crore in the quarter ending March 31 of the fourth quarter of the fiscal year 2023-24, compared to Rs 6,478 crore in ...
The Employees' Provident Fund Organisation (EPFO) has reported a remarkable addition of 14.41 lakh net members in March 2024, as per its provisional payroll data released on May 20, 2024. This surge reflects the ongoing dynamism in India's employment sector, emphasising ...
Thangamayil Jewellery Ltd, a prominent player in the small-cap gems and jewellery sector, reported its financial results for the fourth quarter of the fiscal year 2023-24 on Monday. Despite a dip in net profit, the company delighted investors by declaring a ...
India Cements Ltd on Monday reported a reduction in its net loss to Rs 50.07 crore for the quarter ending March 31, compared to a substantial loss of Rs 243.78 crore in the same period last year. This improvement, attributed to ...
Mutual fund SIPs (Systematic Investment Plans) provide an effective strategy for wealth accumulation over the years, leveraging the power of compounding. SIPs enable investors to invest a predetermined amount regularly, typically monthly, into mutual funds, facilitating disciplined and long-term investing. By ...
Upstox, on Monday, announced its entry into the insurance distribution business. Traditionally known for its offerings in stocks, futures and options (F&O), and mutual funds, Upstox is now set to expand its portfolio to include a comprehensive range of insurance products. ...
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