Ahmedabad: India's economy is likely to remain sluggish in the third quarter of FY 2024, October-December, due to a slowdown in industrial growth, agricultural production and consumer spending. According to analysts, the GDP growth figure for the December quarter of 2024 could be around 6.5 percent, a sharp decline from …
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Sale of Rs 4200 crore by promoters, foreign investors
Ahmedabad: In the last three-four years, the interest of retail investors in the Indian stock market has increased. Apart from this, foreign private institutions or investors have been seen making huge investments in India. Even in 2023, foreign players and local institutional investors, mutual fund houses supported the market. In …
Read More »Now it is difficult for India to get cheap Russian crude oil, these are the reasons
New US sanctions on Russia could reduce Russian oil sales to India, the largest buyer of seaborne Russian crude. This could make it difficult for Indian state refiners to maintain annual supply contracts, according to three industry sources. The situation is expected to be complicated by sanctions imposed by the …
Read More »Market falls, Sensex opens 84 points down
Today i.e. on 29th February, a decline is being seen in the stock market. Sensex opened 84 points down at 72,220. Nifty also fell by 16 points. It opened at 21,935. During early trading, out of 30 Sensex stocks, 16 declined and 14 gained. Paytm shares are down more than …
Read More »This share can go up to Rs 84, there will be good profit on betting, experts said – buy
4 minutes ago Business Penny Stocks to Buy: If you also want to bet on penny stocks then you can keep an eye on the shares of Motherson Sumi Wiring India Limited. Market expert Madrasan is bullish on the shares of Sumi Wiring …
Read More »Bitcoin continues to advance: breaks above $60000
Mumbai: In the current month, Bitcoin has recorded its biggest monthly gain since October, 2021. After a strong rise on Tuesday, Bitcoin's rise continued on Wednesday and the price crossed the level of $ 60,000. So far in the current month, Bitcoin has jumped 40 percent. By late evening, Bitcoin …
Read More »Investors' wealth is Rs. Huge erosion worth Rs 6 lakh crore
Ahmedabad: Market regulator Sebi has directed asset managers of small and midcap funds to disclose more information about the risks associated with the funds as a precautionary measure, causing major turmoil in the Indian stock market today. Today, BSE Sensex fell by 790 points and NSE Nifty index fell by …
Read More »Gold and silver fall again: Crude rises to $83
Mumbai: Today once again a fall in the prices of gold and silver was seen in the Mumbai jewelery market. Selling of funds was seen increasing in world market news. Global gold prices today are guided from a 2038 to 2039 low to $2024 to 2025 to a 2029 to …
Read More »India challenges China's dominance in electronics exports to America
Mumbai: It is seen that India is increasing its presence in some major markets like America and Britain by replacing China's dominance in electronic exports. Government sources are saying that India is benefiting from the bitterness in China's relations with America and Britain in recent years. In November last year, …
Read More »Bank License Cancelled: RBI canceled the license of this bank, know what are the withdrawal rules
Bank License Cancelled: Reserve Bank of India is keeping a close watch on banks these days. If RBI investigates a bank and during this time any lapse related to violation of rules is found then fine, cancellation of banking license and even ban is imposed on them. After recently banning …
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