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Nifty November futures trade at discount (22-11-2024)
Reliance Industries, State Bank of India and Adani Ports and Special Economic Zone were the top traded contracts.
Govt should add coking coal to critical minerals list: Niti report (22-11-2024)
The government must include coking coal in the list of critical minerals and provide special dispensation to enhance the domestic production of the key raw material for steel production, according to a Niti Aayog report.
The report ‘Enhancing Domestic Coking Coal Availability to Reduce the import of Coking Coal’, said considering India’s commitments to Net Zero by 2070, the country’s interests would be better served by fully utilising the proved reserves of medium coking coal (16.5 billion tonne) in India for metallurgical purposes.
“Government of India (GoI) must include coking coal in the list of critical minerals since coking coal constitutes approximately 42 per cent of the cost of steel which is an essential commodity for infrastructure development and downstream industries, which are large job creators in India,” the report said.
The European Union has declared coking coal as a critical raw material along with 29 other raw materials which include green energy’ minerals like ..
Sebi probes Adani Group’s alleged disclosure failures post US SEC charge (22-11-2024)
Inquiry centres around allegations that Adani Green Energy Ltd did not adequately disclose the US Justice Department’s investigation into bribery claims
Quick Wrap: Nifty IT Index rises 3.29%, NIFTY jumps 2.39% (22-11-2024)
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Sensex, Nifty ends with robust gains; IT shares rally (22-11-2024)
As per provisional closing data, the barometer index, the S&P BSE Sensex soared 1,961.32 points or 2.54% to 79,117.11. The Nifty 50 index surged 557.35 points or 2.39% to 23,907.25.
Reserve money rises 0.36% on weekly basis (22-11-2024)
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Provident Housing launches new residential project in Chennai ‘Provident Bayscape’ (22-11-2024)
Provident Housing will launch its latest residential project, Provident Bayscape, in Chennai this Saturday (23 November 2024).
Board of RIR Power Electronics allots 3.16 lakh equity shares conversion of warrants (22-11-2024)
At meeting held on 22 November 2024
Insolation Energy gains as arm inks MoU with Govt of Rajasthan (22-11-2024)
Insolation Energy rallied 3.51% to Rs 4,220 after the company’s wholly owned subsidiary, Insolation Green Energy has signed memorandum of understanding (MoU) with govt of Rajasthan for Rajasthan global investment summit 2024 worth Rs 10,000 crore.