Posts in category Business Standard
Indices end with decent gains; Nifty settles above 21,150 (29-02-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex up 195.42 points or 0.27% to 72,500.30. The Nifty 50 index added 31.65 points or 0.14% to 21,982.80.
Quick Wrap: Nifty PSU Bank Index rises 1.30% (29-02-2024)
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Japan Shares end mixed (29-02-2024)
However, market trimmed losses in the afternoon supported by Bank of Japan (BOJ) official called for an overhaul of the central bank's ultra-loose monetary policy, including an exit from negative interest rates and bond yield control.
Cabinet Approves Nutrient Based Subsidy (NBS) Rates For Kharif Season-2024 (29-02-2024)
The subsidy on P&K fertilizers will be provided based on approved rates for Kharif 2024 (applicable from 01.04.2024 to 30.09.2024) to ensure smooth availability of these fertilizers to the farmers at affordable prices.
Ashok Leyland allots 2 lakh equity shares under ESOP (29-02-2024)
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Government Meet Food Secretaries To Set Estimates For Crop Procurement In RMS 2024-25 And KMS 2023-24 (29-02-2024)
Various factors impacting procurement such as forecast of weather conditions, production estimates, and readiness of States were reviewed. After deliberations, the estimates for wheat procurement during ensuing RMS 2024-25 were fixed in the range of 300-320 LMT. Similarly, the estimates for paddy procurement in term of rice during KMS 2023-24 (Rabi Crop) were fixed in the range of 90 - 100 LMT.
Euro Gains Traction Against Dollar Ahead Of US Data; EURINR In Positive (29-02-2024)
Euro gained traction during European session on Thursday as dollar turned lower ahead of crucial US PCE data due later today. The US inflation gauge report is likely to provide some clarity on Federal future course of action. The dollar index that measures the greenback against a basket of currencies was quoting at $103.71, down 0.19% on the day. US data yesterday showed the U.S. economy grew by slightly less than previously estimated in the fourth quarter of 2023, raising optimism the Fed can cut rates sooner. US GDP for the final quarter of 2023 was reported at 3.2% on year, slightly below the preliminary estimate of 3.3%. EURUSD is quoting at $1.0859, up 0.16% on the day. Meanwhile, from the Eurozone docket, Germany's retail sales unexpectedly declined in January, data published by Destatis showed on Thursday. Retail sales decreased 0.4 percent in January from the previous month, confounding expectations for an increase of 0.5 percent. Food retail sales gained 1.1 percent on ...
Centre Hikes Natural Gas Prices By $8.17 Per MmBtu (29-02-2024)
The domestic natural gas price, however, will continue to remain at $6.5 for the month, as per the formula used for the calculation of prices.
Max Healthcare Institute Ltd leads losers in ‘A’ group (29-02-2024)
KSB Ltd, Global Health Ltd, Prestige Estates Projects Ltd and Rainbow Childrens Medicare Ltd are among the other losers in the BSE's 'A' group today, 29 February 2024.
Transindia surges after inking pact to divest logistics park for 433 crore (29-02-2024)
Transindia Real Estate soared 8.49% to Rs 56.50 after the company has signed a definitive agreement to sell its logistics park at an enterprise value of Rs 636.71 crore in Jhajjar, Haryana