In Delhi, a litre of petrol costs Rs 98.81, while diesel retails for Rs 89.18 per litre.from Moneycontrol Latest News https://ift.tt/3jsku4Z
Wednesday 30 June 2021
Petrol, diesel prices today: Fuel rates unchanged on July 1; check prices in your city
In Delhi, a litre of petrol costs Rs 98.81, while diesel retails for Rs 89.18 per litre.from Moneycontrol Latest News https://ift.tt/3jsku4Z
Top 10 things to know before the market opens
Trends on SGX Nifty indicate a cautious opening for the index in India. The Nifty futures were trading at 15,747 on the Singaporean Exchange.from Moneycontrol Latest News https://ift.tt/3qA1RgY
Lottery Sambad Result July 1: ‘Dear Bangabhumi Bhagirathi’ lottery winners to be announced at 4 pm
Lottery Sambad Result: The first prize winner will take home Rs 50 lakhfrom Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/lottery-sambad-result-july-1-‘dear-bangabhumi-bhagirathi’-lottery-winners-to-be-announced-at-4-pm_15245681.html
Is today the hundredth anniversary of the Communist Party of China or the Capitalist Party of China?
What kind of communism allows the means of production to be privately owned? What communist government will tolerate such a huge rise in inequality? And the Third Plenum of the CPC in 2013 had said that market forces would play ‘a decisive role’. Communism, really?from Moneycontrol Latest News https://ift.tt/2TrJ7E2
Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapersfrom Moneycontrol Latest News https://ift.tt/3qC0NZX
China celebrates centenary of Communist Party at Tiananmen Square
Around 30 aircraft formed a "100" as crowds cheered under the gaze of the nation#39;s leaders, including President Xi Jinping, seated at the southern ramparts of the Forbidden City.from Moneycontrol Latest News https://ift.tt/2UgLPfX
World Bank says will boost COVID-19 vaccine funding to $20 billion
World Bank President David Malpass said the global development bank had already provided more than $4 billion to 51 developing countries for the purchase and deployment of COVID-19 vaccines, and would add billions for 25 more countries soon.from Moneycontrol Latest News https://ift.tt/2UjKd5a
Japan business mood at 2.5-year high as COVID hit eases
Service-sector sentiment also turned positive for the first time in five quarters, the Bank of Japan#39;s (BOJ) "Tankan" survey showed, indicating that the economic recovery was broadening even as Japan struggles to contain a fresh wave of coronavirus infections.from Moneycontrol Latest News https://ift.tt/3Ag3MLU
SP 500 notches fifth straight record closing high, fifth straight quarterly gain
In the last session of 2021#39;s first half, the indexes were languid and range-bound, with the blue-chip Dow posting gains, while the Nasdaq edged lower.from Moneycontrol Latest News https://ift.tt/3hljmgF
DAILY VOICE | Third Covid wave biggest test for Indian market, says Amit Shah of BNP Paribas
We do not think the domestic economy-related stocks will materially outperform as the second lockdown was very methodical with select sectors like travel, tourism, restaurants, and consumers were severely impacted, says Shah.from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-third-covid-wave-biggest-test-for-indian-market-says-amit-shahbnp-paribas_15245581.html
IRFC income jumps 126% to record Rs 1,482.5 cr in Q4
The New Delhi-based dedicated market borrowing arm of the Railways attributed the massive growth in the bottom line to the traditionally busy season effect when the Railways draws down the maximum funds from it.from Stocks-Markets-Economic Times https://ift.tt/3juIRz1
Fed's Robert Kaplan says he wants taper to start 'soon,' be gradual
Supply and demand balances in the labor market will likely persist, making "explosive" growth in jobs unlikely, he said, though he expects "continued improvement" in the labor market.from Stocks-Markets-Economic Times https://ift.tt/3duRMMY
European shares end lower but gain for a fifth straight month
The pan-European STOXX 600 closed 0.8% lower at 452.84 points but rose 1.4% in June, its fifth straight month of gains.from Stocks-Markets-Economic Times https://ift.tt/3yd8zMf
Parsvnath Developers posts Rs 109.56 cr loss in March quarter
Total income fell to Rs 272.79 crore in the fourth quarter of last fiscal from Rs 1,060.74 crore in the corresponding period of the previous year, according to a regulatory filing.from Stocks-Markets-Economic Times https://ift.tt/3hkAlzU
Small stocks give higher returns to investors so far this fiscal year
In the last financial year too, small stocks gave handsome returns to investors.from Stocks-Markets-Economic Times https://ift.tt/3du9sIB
Ircon International posts 47% rise in March quarter profit to Rs 170 cr
The company has completed more than 128 projects in 25 countries across the globe and 390 projects in various states in India.from Stocks-Markets-Economic Times https://ift.tt/3duYhiI
Coffee Day Enterprises posts loss of Rs 272 cr for Q4
Shares of Coffee Day Enterprises Ltd on Wednesday settled at Rs 40.25 on BSE, down 2.78 per cent from its previous close.from Stocks-Markets-Economic Times https://ift.tt/3dua94F
BGR Energy Systems March quarter loss widens to Rs 122 cr
Total income during January-March 2021 jumped to Rs 382.82 crore, from Rs 320.32 crore in the year-ago period.from Stocks-Markets-Economic Times https://ift.tt/3duL0a9
Day trading guide for Thursday's session
The index is showing a sign of fatigue after forming a bearish belt hold candlestick pattern on the daily chart, according to Jayesh Bhanushali.from Stocks-Markets-Economic Times https://ift.tt/3h34Fjw
Record disbursal, cheaper fund cost buoy IRFC net by 126% to Rs 1,482.5 crore in Q4
For the full year, it has booked a profit of Rs 4,416.13 crore, up 38.34 percent from Rs 3,192.06 crore in FY20, as its revenue from operations rose 17.5 percent to Rs 15,770.47 crore from Rs 13,421.09 crore in FY20.from Moneycontrol Latest News https://ift.tt/3AeMRJE
NBCC Q4 profit flat at Rs 83 crore, total income rises to Rs 2,706.80 crore
NBCC closed a net profit of Rs 236.24 crore in the last fiscal year as against Rs 99.86 crore in 2019-20.from Moneycontrol Latest News https://ift.tt/3yek9Hh
Omaxe posts Q4 profit at Rs 1.11 crore; income falls 46% to Rs 192 crore
For the full 2020-21 financial year, Omaxe has clocked a net loss of Rs 233.93 crore as against a net loss of Rs 97.33 crore in the previous year.from Moneycontrol Latest News https://ift.tt/3AaqbKR
Coffee Day Enterprises Q4 net loss at Rs 272 crore; revenue drops 69%
Coffee Day Enterprises said COVID-19 is "significantly" impacting the business operations of the group by way of interruption of supply chain, closure of hospitality service and travel ban during the lockdown.from Moneycontrol Latest News https://ift.tt/3w8z1VW
Tuesday 29 June 2021
Petrol, diesel prices today on June 30: Fuel prices unchanged after record high, check rates in your city
In Mumbai, a litre of petrol cost Rs 104.90 while diesel priced at Rs 96.72.from Moneycontrol Latest News https://ift.tt/2TkfxAr
World must remove 1 billion tonnes CO2 by 2025 to meet climate goal: Report
More than 190 countries have signed the Paris agreement designed to limit global warming to 1.5 degrees Celsius, but even with pledges of big reductions in emissions many scientists believe removal technologies will be needed to meet the goal.from Moneycontrol Latest News https://ift.tt/3hePenc
India cuts crude palm oil import tax, potentially boosting imports
The tax cut could make palm oil more attractive than rival soyoil and sunflower oil for Indian refiners and boost imports of the tropical oil in the next three months, supporting benchmark Malaysian prices.from Moneycontrol Latest News https://ift.tt/3jsk7av
US military days away from completing Afghanistan withdrawal: Sources
The withdrawal of troops and equipment from Afghanistan would not include forces that will remain to protect diplomats at the U.S. embassy and potentially assist securing Kabul airport.from Moneycontrol Latest News https://ift.tt/3w6sonl
Saudi Arabia plans new national airline as it diversifies from oil
The creation of another flag carrier would catapult Saudi Arabia into the 5th rank globally in terms of air transit traffic, official state media reported, without giving details on when and how the airline would be created.from Moneycontrol Latest News https://ift.tt/361HSOK
Oil prices climb for second day after US stockpiles fall
Brent crude was 42 cents, or 0.6% at $75.16 a barrel by 0122 GMT, after edging higher on Tuesday. U.S. crude was up 53 cents, or 0.7% at $73.51 a barrel, having risen 0.1% in the previous session.from Moneycontrol Latest News https://ift.tt/3h55dW3
DAILY VOICE | Earnings cycle in India bottomed, balance sheet of India Inc in best shape now, says Harish Krishnan of Kotak AMC
Generally, retail investors give a greater weightage to small and midcaps compared to institutional investors who typically have greater exposure to larger companies, says Krishnan.from Moneycontrol Latest News https://www.moneycontrol.com/news/market-outlook/daily-voice-|-earnings-cycleindia-bottomed-balance-sheetindia-incbest-shape-now-says-harish-krishnankotak-amc_15241681.html
Trade Spotlight: What should investors do with Sequent Scientific, Titagarh Wagon Tata Tele?
Here#39;s what Mazhar Mohammad of Chartviewindia.in recommends investors should do with these stocks when the market resumes trading todayfrom Moneycontrol Latest News https://ift.tt/3drO2fk
Hot Stocks | Here#39;why Alkem Laboratories, Ajanta Pharma and LT Infotech are short-term buys
In the upcoming sessions, any sharp gains in the market may remain capped as long as Nifty trades below 15,900, said Shitij Gandhi of SMC Global Securitiesfrom Moneycontrol Latest News https://www.moneycontrol.com/news/stocks-views/hot-stocks-|-here39why-alkem-laboratories-ajanta-pharmalt-infotechshort-term-buys_15241641.html
Coronavirus News LIVE Updates: Tamil Nadu reports 4,512 new COVID-19 cases, 6,013 recoveries, and 118 deaths
Coronavirus News LIVE Updates: A net decline of 20,335 cases has been recorded in the COVID-19 caseload in a span of 24 hours. Also, 17,68,008 tests were conducted on Monday taking the total cumulative tests conducted so far for detection of COVID-19 in the country to 40,81,39,287, while the daily positivity rate has declined to 2.12 percentfrom Moneycontrol Latest News https://ift.tt/3heNs5w
India Inc raising offshore funds onshore at GIFT City
“During the pandemic, we have seen a significant surge in business volumes,” said Dipesh Shah, head – development at IFSC, the regulator for Gujarat GIFT City. “Large conglomerates have used IFSC platforms raising finances, which otherwise would have gone to other global centres like Singapore or London.”from Stocks-Markets-Economic Times https://ift.tt/3jqjXR1
SoftBank-backed Dingdong rises 19% in market debut, valued at $6.6b
Stock opened at $28 per share, up from the initial public offering price of $23.50 per share.from Stocks-Markets-Economic Times https://ift.tt/3y6OYgR
Ruchi Soya posts Rs 314 cr profit in Q4
Ruchi Soya has forayed into 100 per cent vegetarian nutraceutical and wellness products by initially introducing 10 FMHG products under the joint branding of Nutrela and Patanjali.from Stocks-Markets-Economic Times https://ift.tt/3dtgAox
Emkay to launch Rs 500 cr small cap AIF
The proposed fund is the fourth of the Emkay emerging stars fund, which is a category III AIF and has so far returned 110 per cent to investors since the launch a year ago.from Stocks-Markets-Economic Times https://ift.tt/3jrlyWH
Sebi fines 2 FPIs for violating market norms
The regulator has dropped charges against designated depository participant (DDP) ICICI Bank Ltd.from Stocks-Markets-Economic Times https://ift.tt/3w0hIX3
Sebi approves stricter independent director norms, measures to attract more investors into market
The new norms will be effective from January 1, 2022.from Stocks-Markets-Economic Times https://ift.tt/3hhR0Ea
Sterling and Wilson Solar posts Rs 345 cr loss in Q4
Total income of the company quarter stood at Rs 1,416.33 crore in the March quarter.from Stocks-Markets-Economic Times https://ift.tt/3w5HCJh
IndusInd Bank sells over 70 lakh shares of McLeod Russel
IndusInd Bank stock closed at Rs 1,017.25 apiece on BSE, up 0.98 per cent. McLeod Russel shares ended nearly 5 per cent higher at Rs 36.85.from Stocks-Markets-Economic Times https://ift.tt/2Tc1w84
GIC Re posts Rs 1,991 cr profit in FY21
The state-owned reinsurer had posted a loss of Rs 186.46 crore in 2019-20.from Stocks-Markets-Economic Times https://ift.tt/3w5XMSE
CCI rejects complaint against NSE with respect to co-location facilities
CCI concluded that there is no prima facie case of violation by the exchange under the Competition Act.from Stocks-Markets-Economic Times https://ift.tt/3xbLxpi
Sebi decisions to encourage retail investors' participation in REITs: Realty players
REIT is a tax-efficient vehicle that enables owners of real estate to pool income generating assets together in a portfolio.from Stocks-Markets-Economic Times https://ift.tt/3y8pr7c
GOCL Corporation March quarter profit doubles
Consolidated income during the quarter under review stood at Rs 150 crore against a consolidated income of Rs 151 crore in the quarter year-ago.from Stocks-Markets-Economic Times https://ift.tt/3yaKrdt
Uflex reports over two-fold jump in Q4 profit to Rs 265 cr
Shares of Uflex Ltd on Tuesday settled at Rs 477.45 apiece, up 0.40 per cent from its previous close.from Stocks-Markets-Economic Times https://ift.tt/3dpfRVk
Monday 28 June 2021
Asian shares pressured by fears over Delta virus variant, US data in focus
MSCI#39;s broadest index of Asia-Pacific shares outside Japan was 0.11% lower, hovering near recent highs, though momentum has stalled as some countries re-impose lockdowns to contain the spread of the Delta virus variant.from Moneycontrol Latest News https://ift.tt/3h0NBKU
Lessons from the PNB Housing Finance fiasco
The way forward for PNB Housing seems to be to revisit the pricing of the preferential allotment of shares by getting a proper valuation done that includes a control premium, and structure it in a manner where all funds are infused upfront from Moneycontrol Latest News https://ift.tt/2U6Ripq
Lottery Sambad Result June 29: ‘Dear Bangalakshmi Torsha’ lottery winners to be announced today at 4 pm
Lottery Sambad Result: The first prize winner will take home Rs 50 lakh. The second prize is Rs 9,000, the third prize is Rs 500 and the fourth prize is Rs 250. While the fifth prize is Rs 120, the consolation prize is Rs 1,000.from Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/lottery-sambad-result-june-29-‘dear-bangalakshmi-torsha’-lottery-winners-to-be-announced-today-at-4-pm_15238501.html
Kerala Lottery Result: ‘Akshaya AK-496’ lottery winners to be announced at 3 pm
Kerala Lottery Result: The first prize winner of #39;Akshaya AK-496#39; will take home Rs 75 lakhfrom Moneycontrol Latest News https://www.moneycontrol.com/news/current-affairs/kerala-lottery-result-‘akshaya-ak-496’-lottery-winners-to-be-announced-at-3-pm_15238481.html
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