Iran is the third largest oil producer in OPEC. According to experts, both supply and production of crude oil were already a problem. Now with tensions in the Middle East and the beginning of war with Israel, Iran's entry could create another crisis. It is possible that the price of …
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Rapid decline in the US stock market, this is the worst decline since the rise started in October
US stock markets witnessed sharp selling on Friday amid a mixed start to the corporate results season amid rising tensions in the Middle East. The S&P 500 index fell 75 points, or 1.5 percent, to close at 5,123. It was the biggest decline since Wall Street's rally began in October. …
Read More »Competition between two Japanese banking giants to buy majority stake in Yes Bank
Japan's Mitsubishi UFG Financial Group (MUFG) and Sumitomo Mitsui Banking Corp. (SMBC) is in the race to acquire majority stake in Yes Bank and according to sources close to the development, another Middle East company is also interested in buying Yes Bank. Notably, the SBI-led consortium that had acquired Yes …
Read More »Government banks, companies have time till August to comply with the provision of 25% public holding
2 minutes ago Business Ahmedabad. Market regulator Securities and Exchange Board of India (Sebi) may extend the deadline for some public sector banks and state-owned companies to comply with the minimum public shareholding requirement of 25 per cent till August 2024. According to …
Read More »Notice to keep coal based power plants running till October
Mumbai: The government has set a target of producing 170 crore tonnes of coal from captive and commercial coal blocks in the country in the current financial year. On the other hand, the government has directed to keep the imported coal based power plants operational till October. 147.2 million tonnes …
Read More »IPO This Week: 2 IPOs will come in the new week, know price band and GMP and other information
58 minutes ago Business IPO This Week : There will not be much heat in the primary margin next week. Because there has been no new IPO in the mainboard segment for the second consecutive week. But a debt-ridden telecom company may launch …
Read More »Increase sowing of summer crops of pulses, oilseeds and paddy
New Delhi: Sowing of summer crops is going on in full swing. In the current summer season, an increase is being seen in the cultivation of pulses, oilseed crops and paddy. The increase in area under pulses amid rising prices of pulses is good news for consumers. In the current …
Read More »Support reduced in Saurashtra Singoil and Cotton Wash
Mumbai: The prices of various domestic and imported edible oils remained broadly soft in Mumbai oilseed market today. New business was slow. 50 to 100 tonnes of imported palm oil was traded in hawala reselling. In the global market, soybean oil prices were 12 to 13 points lower in overnight …
Read More »Sensex will be between 75355 to 73133 in the new week
Mumbai: As the international prices of crude oil started rising again and the demon of inflation raised its head again in the whole world including America, the U.S. Israel's war with Hamas in Gaza and the possibility of the Federal Reserve delaying interest rate cuts following Iran's missile attack on …
Read More »Globally, gold fell by $50, yet reached a record level of Rs 75,000 in Ahmedabad
Ahmedabad, Mumbai: Although gold has reached the level of $ 50 in the global markets today, gold reached a record high of Rs 75,000 in the gold-silver market of Ahmedabad. Today the price of silver fell by Rs 1000 per kg in Ahmedabad market and reached Rs 82 thousand. However, …
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