After the Lok Sabha elections, withdrawing money from ATMs of other banks can be expensive. The cost of ATM i.e. Automated Teller Machine in the banking sector is now being reconsidered. According to which, now the fee (interchange charge) for withdrawing money or doing transaction from another bank's ATM can …
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Number of top 20MF foreign funds is only 6, accounting for 20 percent of AUM
In April, when foreign mutual fund Invesco decided to sell 60 percent of its stake to Hinduja Group, no one was surprised, because most of the foreign mutual funds have not been able to achieve much growth in India. In comparison, domestic mutual funds have grown well and have an …
Read More »Bird lover Rishad Godrej will gift his share to his family members
1 hour ago Business Reclusive and preferring to remain isolated from the outside world, billionaire Godrej family member Rishad Kaikhushru Navrozi has decided to gift majority shares of the group company to his nephews and nieces, sources have revealed. Event. If this happens, …
Read More »87% decline in average daily turnover of currency derivatives on NSE
The provision made by the Reserve Bank of India that exposures in foreign exchange should be linked to contracts trading in currency derivatives will now be implemented from tomorrow, Friday, May 3. Since the implementation of this provision, the number of trades in currency F&O on the National Stock Exchange …
Read More »Crude oil import: Crude oil import from Russia increased to the highest level in nine months
Import of Crude Oil: Crude oil imports from Russia to India reached a nine-month high in April. In particular, imports have increased despite some Russian ships and shipping companies not complying with the G-7 price limit of $60 per barrel on seaborne crude oil deliveries. Russia exported 1.78 million barrels …
Read More »32% increase in EBIDTA of Adani Enterprises
46 minutes ago Business Adani Enterprises Limited is the flagship company of the Adani Group. (AEL) today announced its results for the quarter and full year ending March 31, 2024. In the financial year 2023-24, the company's EBITDA will increase by 32 times …
Read More »Gold falls by Rs 200 in domestic market, silver stable at lower level
32 minutes ago Business After the Federal Reserve meeting, profit-booking started in the global bullion market as interest rates remained at the current level. Due to this effect, today gold is priced at Rs. per 10 grams in the local markets also. A …
Read More »Realty projects worth Rs 3 lakh crore can be launched on Godrej Group's land
17 minutes ago Business If a residential project is launched on land owned by Godrej & Boyce Manufacturing Company, a Godrej Enterprise Group (GEG) company owned by Jamshed Godrej and his sister Smita Godrej, the total sale amount would be Rs. Experts in …
Read More »Sensex ended trading in limited range with a slight gain of 128 points
Indian stock market rose today and indices closed higher as lower crude oil prices and the US Federal Reserve keeping interest rates unchanged eased fears of a rise in inflation. After opening 129 points higher at the start of the session, it made an intraday high of 74,812 and low …
Read More »Tariff price of gold reduced by $ 22 and silver by $ 53: Slump in import duty
Mumbai: Gold and silver prices again rose in Mumbai's jewelery market today. However, world market news showed biased fluctuations. Global gold prices were hit as US interest rate cut was delayed, global dollar index and bond yields rose. Meanwhile, there have been signs of reduction in the effective import duty …
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