Business
Gold Prices See Steady Decline, Silver On The Rise
Gold prices saw a further decline in Indian market on Thursday, April 29. According to Good Returns, the gold rate for one gram of 22-carat in the country fell by Rs 30 at Rs 4,449 from Rs 4,479 the previous day. Following the similar trend, the price of 10...
CCI Approves Acquisition of Alibaba-Backed BigBasket by Tata Sons
The Competition Commission of India (CCI) on Thursday approved the acquisition of Alibaba Group Holding Ltd.-backed online grocery seller BigBasket by Tata Sons Pvt Ltd. The Tata-BigBasket deal has put the conglomerate in direct competition with Amazon and Walmart’s Flipkart. In the filing with the CCI, Tata Digital Ltd.,...
Here’s How to Buy Your Dream Home with the Help of PF
(Representative pic: Shutterstock) Considering the fact that over 70 per cent of Indians contribute to the working population of India, the central government has come up with numerous schemes to make it easier for the general public to buy a property. Purchasing a house is on every family’s checklist....
Here Are 5 Key Things to Know Before Subscribing
PowerGrid Infrastructure Investment Trust (InvIT) will open its initial public offering (IPO) for subscription on Thursday, April 29. While this will be the first time a state-owned entity is monetising its infrastructure assets through the InvIT (infrastructure investment trust) route, it will also be the third InvIT to be...
Sensex Soars 790 Pts, Nifty Tops 14,864 as Financial Stocks Shine
Extending its gains for the third straight session, equity benchmark Sensex rallied 790 points on Wednesday, led by gains in financial stocks amid a positive trend in global markets. The 30-share BSE index ended 789.70 points or 1.61 per cent higher at 49,733.84. Similarly, the broader NSE Nifty surged...
SBI Explains How to Avoid Online Transaction Fraud
(Image for representation purpose only) State Bank of India has also shared the link of a YouTube video elaborating how these activities are carried out The State Bank of India (SBI) has warned people against the increasing cyber frauds during the pandemic. SBI informed the people to be cautious...
Gold Plunges by Rs 505, Silver Declines by Rs 828
(Representative pic: Shutterstock) Gold Rate in Delhi: Gold declined by Rs 505 to Rs 46,518 per 10 gram in the national capital on Wednesday, silver also declined by Rs 828 to Rs 67,312 per kg from Rs 68,140 per kg PTI New Delhi Last Updated:April 28, 2021, 18:57 IST...
Sensex Soars 790 Points, Nifty Tops 14,850 as Financial Stocks Shine Amid Positive Global Trends
Extending its gains for the third straight session, equity benchmark Sensex rallied 790 points on Wednesday, led by gains in financial stocks amid a positive trend in global markets. The 30-share BSE index ended 789.70 points or 1.61 per cent higher at 49,733.84. Similarly, the broader NSE Nifty surged...
Do You Have an Inactive PPF Account? Here’s a Step-by-step Guide to Revive it
Public Provident Fund, an instrument which aims to mobilize small savings by offering reasonable returns, is one of the highest-yielding small saving schemes after the Employees’ Provident Fund. While the EPF is available to salaried people, the central government-run PPF can be availed by all earning individuals. PPF investments...
Oil Falls as India Crisis, US Stocks Build Dampen Confidence in Fuel Demand Recovery
Oil prices dropped on Wednesday, paring overnight gains, with soaring Covid-19 cases in India and a bigger-than-expected build in US crude stocks offsetting confidence shown by OPEC and its allies in a solid recovery in global fuel demand. Brent crude futures fell 26 cents, or 0.4%, to $66.16 a...
Samsung Heirs To Pay Over $10 Billion, Donate Mass Art Trove in Inheritance Tax
Samsungs founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, and give hundreds of millions of dollars to medical research to help them pay a massive inheritance tax following last years death of chairman Lee Kun-Hee. The Lee family, including his wife and three...
Top Stocks For Investors on April 28
Amid trends on SGX, Nifty indicate a flat start for a flat to positive opening for Indian benchmark indices on April 28. The BSE Sensex at 09:02 am IST was up 279.06 points or 0.57 percent at 49,223.20, while the Nifty was down 91.50 points or 0.62 percent at...
Gold Prices See a Decline, Silver on the Rise
Gold prices struggled to move up in Indian markets on Wednesday, April 28. According to Good Returns, the gold rate for one gram of 22-carat in the country fell Re 1 at Rs 4,479 from Rs 4,480 the previous day. Similarly, the price of 10 grams of 22-carat-gold noticed...
China Adopts New Anti-espionage Regulation to Prevent ‘Foreign Infiltration’ in Key Firms
China has rolled out a new anti-espionage regulation, under which the national security authority will draw up lists of companies and organisations that are susceptible to foreign infiltration and require security measures to deal with the threats. Since “foreign spies, intelligence agencies and other hostile forces” have intensified their...
SBI General Insurance to Bear Cost of Covid-19 Vaccination for Active Agents, POSPs
State Bank of India (Reuters Image) The vaccination is extended to all advisors who have remained active with the insurer since March 2020 and are eligible for vaccination under the government’s current norms, a release said. PTI Mumbai Last Updated:April 27, 2021, 18:45 IST FOLLOW US ON: Private non-life...
Adani Ports Waives Charges for Ships Carrying Covid Equipment, Gives Priority Berthing
Adani Ports and SEZ (APSEZ), the nation’s largest private sector operator of sea ports, has waived charges for ships exclusively carrying COVID-related equipment, and said such vessels will be given priority berthing. Billionaire Gautam Adani’s group has also secured about two dozen cryogenic tanks for transporting medical oxygen, from...
Sensex Rallies 558 Points; Nifty Ends Above 14,650
Equity benchmark Sensex rallied 558 points on Tuesday, driven by gains in index heavyweights Reliance Industries, HDFC Bank and L&T. The 30-share BSE index ended 557.63 points or 1.15 per cent higher at 48,944.14. Similarly, the broader NSE Nifty surged 168.05 points or 1.16 per cent to 14,653.05. L&T...
Amazon and Flipkart Have Now Started Taking Undue Advantage of the Pandemic: Traders’ Body
Confederation of All India Traders (CAIT), in a letter to Commerce Minister Piyush Goyal, said that large e-commerce companies are continuing to supply non-essential items despite government orders to avoid such deliveries. “In furtherance of the illegal activities being carried out by Amazon and Flipkart, they have now started...
