Posts in category All News
LS Speaker amends rules, members can’t raise slogans during oath (04-07-2024)
Speaker Om Birla has introduced a new clause to ensure MPs adhere strictly to the prescribed form of oath or affirmation during their swearing-in as Lok Sabha members. Effective from June 28, the amendment specifies that members must not add any words or expressions as prefixes or suffixes to the oath, as outlined in the Third Schedule to the Constitution of India. This action follows concerns raised by the Speaker regarding MPs deviating from the required text during oath-taking, including instances where slogans like "Jai Samvidhan," "Jai Hindu Rashtra," and "Jai Palestine" were raised.
Acme Solar Refiles IPO Papers with Sebi to Raise Up to ₹3,000 crore (04-07-2024)
Acme Solar Holdings files IPO prospectus to raise funds, targeting revenue from operations and profit after tax. The company plans to utilize proceeds for outstanding borrowings and general corporate purposes, with Nuvama Wealth Management involved. Acme Solar's portfolio includes firm and dispatchable renewable energy projects, serving off-takers like central government-backed entities, along with wind energy projects.
Narayana Hrudayalaya Ltd (04-07-2024)
In my opinion, balance sheet should start looking stronger as the premium start flowing in. The real test though would be once the claims start coming in.
Does anybody know if they have setup a separate department for maintaining good underwriting standards and hired experts from the industry?
Jump in FII long-short ratio sans correction may be a new Normal (04-07-2024)
Market confuses with record FII long-short ratio surge, hinting at shifting dynamics post-election. Chandan Taparia notes unusual stability despite ratio near 5, credits India's growing equity culture for market surge.
Sensational Index 80K: With Budget on horizon, bulls hit new milestone in T20 style (04-07-2024)
Equity indices soar as Sensex hits 80,000 fueled by banking stocks. Market anticipates rate cut, global support, and foreign investment. Earnings rise expected with stock rotation amidst market surge.
Stock market outlook July 04: GIFT Nifty tops 24,450; FIIs up long bets (04-07-2024)
All you need to know before the Indian stock market opens for trade on Thursday: The FIIs long-short ratio in index futures rose to 5:1; meaning more than 5 long positions for every short trade.
S&P 500, Nasdaq post record closing highs as data stokes hope for rate cut (04-07-2024)
Exciting market dynamics unfold as Paramount Global, National Amusements, and First Foundation make significant moves, shaping investor sentiment and market trends.
Sell Nifty IT on the rise; resistance at 38,350, check other details here (04-07-2024)
The Nifty IT Index is currently trading at 37,314.35. In the near term, the index appears to be range-bound, with the defined range between 37,525 and 37,050
Asian stocks climb, Yen rallies off historic lows: Markets wrap (04-07-2024)
Investors await US jobs report and British election outcome. Unemployment rate expected to remain steady. Chicago Fed President comments on interest rates.
Dollar on the defensive after soft data, little relief for yen (04-07-2024)
Currency markets react to global economic trends, with sterling potentially shifting leadership from Rishi Sunak to Keir Starmer in the UK.