Retail investors such as Mistri are part of a groundswell that is changing the face of the world’s second-biggest emerging market
Posts in category Business Standard
NSE, CME Group tie up to launch Nymex crude, natural gas derivatives (15-02-2023)
Indian bourse will be able to list and settle rupee-denominated contracts in these commodities
Govt may consider fuel, maize tax cuts to control climbing retail inflation (15-02-2023)
The Indian government could consider reducing taxes on some items such as maize and fuel in response to the central bank’s recommendations to help rein in climbing retail inflation
ED raids mobile app offices in different cities dealing in cryptocurrencies (15-02-2023)
The Enforcement Directorate (ED) on Wednesday said that they recently carried out search operations in Delhi, Gurugram (Haryana), Mumbai, Bengaluru, and Salem (Tamil Nadu).
Wheat prices fall by Rs 5/kg after launch of open market sale: Food Secy (15-02-2023)
Union Food Secretary Sanjeev Chopra on Wednesday said the prices of wheat in wholesale and retail markets have come down by about Rs 5 per kg after the Centre’s decision to sell 3 million tonnes of the grain in the open market, and asserted that more steps will be taken if required to ease rates.
The government is closely monitoring the prices of wheat and atta (wheat flour) and, if needed, will take more steps, including offering more wheat under the Open Market Sale Scheme (OMSS), to bring down the prices and provide relief to consumers, Chopra told reporters here.
He said the government is not considering any proposal as of now to lift the ban on wheat exports, which was imposed in May last year after a sharp fall in its procurement.
“From the time the OMSS was announced in January, wheat prices have come down. Wheat prices in wholesale markets are ruling less than Rs 2,500 per quintal,” he said, and hoped that the prices would fall further in the coming days.
The government of
Rupa & Co, Dollar Ind, Kitex Garments hit 52-wk lows on weak Q3 results (15-02-2023)
However, Kitex Garments said the company’s order book in queue for 2023-24 indicates achieving a better performance in Q1 and normal performance by Q2
Finolex Cables hits over 4-yr high; stock up 15% in a week post strong Q3 (15-02-2023)
Finolex Cables said that the Union budget 2023 direct benefits to various segment of the company
Eicher Motors rallies 5% on better than expected Q3 earnings (15-02-2023)
Management commentary suggests some raw material decline benefits along with price hike to come in effect from Q4FY23 onwards amid robust demand for its product profile .
Nestle’s Q4 revenues may rise up to 17% YoY, agri-inflation to dent margins (15-02-2023)
Nestle India Q4 preview: In the October-December quarter, shares of Nestle rose 2.4 per cent, while peers like Hindustan Unilever dropped 5 per cent, and Britannia gained 12 per cent
Siemens gains 3%, hits record high on strong operational performance in Q1 (15-02-2023)
Overall, Siemens is expected to further strengthen its leadership position through further penetration of automation and digitization products & services across segments, ICICI Securities said