The Central government has received Rs 903 crore and Rs 78 crore from the Indian Railway Finance Corporation Ltd (IRFC) and RITES Ltd respectively as dividend tranches.
Posts in category Business Standard
Gold, silver prices fall in early trading; yellow metal sells at Rs 54,600 (30-12-2022)
Ten gram of 22-carat gold is selling at Rs 50,050
RBL Bank jumps 5% to hit new 52-week high; surges 22% in past one week (30-12-2022)
The stock has recovered 150 per cent from its record low level of Rs 74.15, touched on June 20, 2022
Gold to retain its glitter; may touch Rs 60,000 per 10 grams level in 2023 (30-12-2022)
Market experts opined that Russia-Ukraine conflict led to a short-term spike in gold prices before it began falling amid stronger dollar and spike in crude oil prices
Solar Industries hits all-time high, rallies 6% on stable outlook (30-12-2022)
The Atmanirbhar Bharat Abhiyan of the GoI, which is aimed at curtailing import dependence and increasing the sourcing of indigenous defence products, also presents large growth opportunities.
Elin Electronics makes weak debut; lists 2% below issue price (30-12-2022)
Post listing, the market price of Elin dipped to Rs 235.25, down 5 per cent when compared with its issue price of Rs 247 per share.
‘Important to arrive at a common international approach to crypto’: RBI (30-12-2022)
Financial Stability Report: The FTX turmoil, RBI said, revealed that crypto is highly volatile, exhibits high correlations with equities and does not act as a hedge against inflation
Lotus Chocolate hits 5% upper limit as Reliance Retail eyes majority stake (30-12-2022)
RCPL will acquire 51 per cent controlling stake in Lotus for Rs 74 crore and also make an open offer to acquire additional 26 per cent stake.
Lotus Chocolate hits 5% upper limit as Reliance eyes majority stake (30-12-2022)
Reliance Consumer Products will acquire 51 per cent controlling stake in Lotus for Rs 74 crore and also make an open offer to acquire additional 26 per cent stake.
Equity investors turn richer by Rs 16.36 trn in 2022 despite uncertainties (30-12-2022)
Dalal Street investors became richer by more than Rs 16.36 lakh crore this year as the equity market scaled new highs despite persistent geopolitical uncertainties and inflation worries.
Analysts attributed better macroeconomic fundamentals, the confidence of retail investors and foreign investors investing again in the domestic equities towards the latter half of 2022 as the key factors that led to the outperformance of the Indian market in comparison to many other stock markets worldwide.
During the initial part of the year, markets were jolted by the Russia-Ukraine war. On February 24, when Russia launched its attack on Ukraine, the 30-share BSE Sensex had plunged about 2,850 points before closing at 54,529.91 points, registering a massive fall of 2,702.15 points or 4.72 per cent.
In subsequent months, the key index recouped the lost ground and has climbed 2,880.06 points or 4.94 per cent this year till December 29.
Sensex touched its all-time high of 63,583.07 points on Decembe