11843 stories by IPA Staff
RBI Imposes Ceiling of 70 Years for MD, CEO of Private Bank
The Reserve Bank of India (RBI) on Monday fixed the tenure of MD, CEO and whole-time director (WTD) in a private sector bank at 15 years and prescribed the maximum age of 70 years for such functionaries. These directives form part of the instructions issued by the RBI with...
BSE SME Head: SMEs don’t understand benefits of equity funding due to lack of financial literacy | Interview
“Total nine startups have been listed on the BSE Startups platform.” Credit and Finance for MSMEs: Small business listing platform BSE SME has been awaiting the quintessential stock market buzz one would expect in a country with around 6.33 crore MSMEs. Over the past nine years, 336 SMEs have...
Prices Tumble by Rs 10 per 10 gram of 22-ct Gold
Gold prices struggled to edge higher in Indian markets on Monday, April 26 bringing cheer to buyers as the wedding season in the country starts amid the second wave of coronavirus infections. According to Good Returns, for one gram of 22-carat gold, the rate fell by Rs 1 as...
Goa Forward Candidates Sweep 5 Seats, Voting Underway
Image for representation. Vijai Sardesai’s Goa forward swept the Margao municipal council by winning five out of eight seats while the BJP won the three remaining seats. Six BJP-backed candidates registered victory from ward 1 to 6 in Mormugao. Voting for five municipal councils in Goa is underway on...
Punjab Farmers Received Rs 8,180 Cr MSP Payment Directly in Bank Accounts This Year: Govt
Representative image (Reuters) Currently, wheat procurement is in full swing in Punjab, Haryana and Uttar Pradesh. PTI New Delhi Last Updated:April 26, 2021, 17:01 IST FOLLOW US ON: Farmers in Punjab, for the first time, have started receiving wheat MSP payment directly in their bank accounts and about Rs...
Nifty, Sensex Ride High on ICICI Bank, Reliance Surge
Indian shares jumped on Monday, with private-sector lender ICICI Bank Ltd climbing after strong quarterly results, as investors hoped that surging coronavirus cases could peak soon and mitigate the pandemic’s economic impact. The NSE Nifty 50 index rose 1.36% to 14,539.15 by 0426 GMT, while the benchmark S&P BSE...
Reliance Foundation to Manage 875 Covid Beds, Including 145 ICU Beds, in Mumbai
Continuing its fight against the pandemic, Reliance Foundation (RF) has scaled up its operations to address the growing needs of Covid-19 management in Mumbai. As part of the initiative, the behemoth’s Sir HN Reliance Foundation Hospital will manage a 650-bed facility at NSCI. Reliance Foundation will newly create, commission...
ICICI Bank share price soars post stellar Q4 earnings; brokerages remain bullish, increase target price
Seeing the stellar rise in earnings, brokerage firms have increased their target prices for ICICI Bank shares. Private sector lender ICICI Bank’s share price soared 5.9% on Monday to hit an intra-day high of Rs 604.9 as investors reacted to the strong quarterly earnings growth. ICICI Bank said its...
55% Polling Till 1pm, Abhishek Banerjee Predicts 2/3rd Majority for TMC
55.12 Per Cent Voter Turnout Recorded Till 1 Pm in 34 Assembly Seats in West Bengal for the seventh phase. Over 86 lakh voters will vote to decide the fate of 284 candidates across 34 assembly constituencies, including Chief Minister Mamata Banerjee’s home turf Bhabanipur. Voting will be held...
DMK Wants Sterlite Plant to Reopen Only for Manufacturing Oxygen
File photo of Sterlite Copper factory DMK pitches for temporary reopening of Sterlite’s oxygen making unit with extensive provisions for control and monitoring of the activity at the plant. Tamil Nadu’s political parties have recommended operating the Sterlite Copper factory in Thoothukudi for oxygen manufacturing to meet the demand...
PowerGrid InvIT IPO opens for bidding on April 29; check issue size, price, other details
On successful listing, PowerGrid InvIT could become the first state-owned trust to explore this route to monetise its assets. PowerGrid Infrastructure Investment Trust (InvIT) will knock on the doors of capital markets from April 29 to raise Rs 7,734 crore through an initial public offering (IPO) of its units....
Nifty, Bank Nifty could be approaching a bottom; prefer BFSI and IT to participate in pullback
Nifty 50 could see a pullback soon. By Dharmesh Shah Equity benchmarks concluded the truncated last week on a subdued note amid elevated volatility owing to surging Covid-19 wave 2 across India. The Nifty ended the week at 14341, down 1.8%. The broader market relatively outperformed as Nifty midcap...
Nifty remains indecisive amid rising covid fear; watch these stocks for near term gains
Rajesh Palviya said that the chart pattern suggests that if Nifty crosses and sustains above 14,500 may cause pullback towards 14,600-14,700. By Rajesh Palviya Nifty opened (on Friday) with a downward gap and witnessed extreme volatility on either side however last hour selling pressure dragged the index lower to...
Top Stocks For Investors on Monday, April 26
Amid strong global cues, Indian benchmark indices, Sensex and Nifty traded higher in pre-opening on Monday, April 26. However, investors are keeping an eye on the Covid situation and Q4 earnings going ahead. The BSE Sensex was up 328.37 points or 0.69 percent at 48,206.82, and the Nifty was...
Gold, silver prices traded flat last week as economic data improved; rates may hold steady this week
Bullion prices traded mixed during the week keeping the firm trading range on weaker dollar and positive economic data. (Image: REUTERS) By Tapan Patel Commodity prices traded mixed during the week passed by with most of the commodities in Non-agro segment kept firm trading range except crude oil. Bullion...
Share Market LIVE: Sensex extends opening gains, Nifty soars above 14,500; ICICI Bank, Axis Bank top gainers
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Benchmark indices were trading with gains on Monday morning. Bank Nifty surged higher. via India Infoline
HCL Technologies, ICICI Bank, SBI Cards and Payment Services, ONGC among stocks in focus today
Stock market may open in green. (Image: REUTERS) SGX Nifty was trading in the positive territory surging nearly 100 points higher before the opinion bell on Dalal Street, hinting at a gap-up start for domestic markets. However, on the charts, the short term trend is expected to bumpy for...
Why Left’s Show Matters In Bengal’s BJP-TMC Poll Battle
The Left appears in a mood to fight it out in West Bengal. It has its back to the wall, having lost its erstwhile bastions of Tripura and Bengal over the years. In Kerala, the only state the Left rules, the Congress is challenging it in the race to...
