Sunday 31 December 2023

Morning Digest | Census to be delayed till at least October 2024; Ayodhya airport takes off ahead of Ram Temple consecration ceremony in January and more

Here is a select list of stories to start the day

from | The Hindu

Can India’s textile sector pivot to comply with global ESG norms?

There is palpable concern in India’s textile sector, dominated by small businesses, about the impact of new rules like EU’s CBAM and complying with ESG norms; there is also a recognition this might be the moment to attempt a paradigm shift in sourcing, production, pricing and supply processes

from | The Hindu

What may 2024 hold for the economy? | Explained

Is the growth forecast for India on the upswing? What are the positive surprises? Which are the sectors that have performed well? Why are exports still sluggish? Is inflation under control? What is expected in terms of policy-making in an election year?

from | The Hindu

Defining year for insurance industry’s future course 

At the heart of the developments were customers, untapped growth potential the country offered and the goal of insurance for all by 2047 pursued by the Insurance Regulatory and Development Authority of India (IRDAI)

from | The Hindu

Saturday 30 December 2023

Finance Minister meets heads of PSBs, reviews financial performance

This is the probably last full review meeting before the presentation of Budget 2024-25.

from | The Hindu

Boeing recommends airlines inspect 737 MAX airplanes for possible loose hardware

In India, three airlines — Akasa Air, SpiceJet and Air India Express — have B737 Max planes in their fleet

from | The Hindu

Sam Bankman-Fried will not face a second trial: Prosecutors

Prosecutors said the "strong public interest" in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.

from | The Hindu

Morning Digest | South Africa files ICJ case against Israel for ‘genocidal acts’; Budget session only window for CAA implementation ahead of LS polls, and more

Here is a select list of stories to start the day

from | The Hindu

Tuesday 26 December 2023

Monday 25 December 2023

Risk of stagflation in India lowers further, say RBI officials

The officials opined risk of stagflation, arising post COVID-19, had subsided reflecting easing of financial conditions, contained depreciation of the rupee/U.S. dollar exchange rate and stable domestic petrol and diesel prices 

from | The Hindu

Small stocks lead 2023 bull run; give big returns to investors

Till December 22 this year, the BSE smallcap gauge has jumped 13,074.96 points or 45.20% while the midcap index has surged 10,568.18 points, or 41.74%

from | The Hindu

First rupee payment for oil to UAE: India looks for more deals, no targets: Officials

Officials said the default payment currency for import of crude oil has been the US dollar for several decades and the currency traditionally has liquidity as well as lower hedging cost.

from | The Hindu

Significant rise in gap between standalone, consolidated net profit of Reliance Industries

Reliance reported a standalone net profit of ₹30,902 crore in 2019-20 fiscal year, which grew to ₹44,205 crore in 2022-23 fiscal.

from | The Hindu

Sunday 24 December 2023

Infosys loses mega-contract as global client terminates $1.5 billion deal

Infosys said the global company has now elected to terminate the Memorandum of Understanding (MoU) and the parties will not be pursuing the master agreement

from | The Hindu

India’s $60 billion man-made textile sector reels from Chinese imports glut

Rising imports of MMF fabric and higher domestic prices of fibres are severely impacting local spinners, knitters, weavers and processors as they are unable to supply at competitive prices; the brunt of the impact has been on manufacturers, both for the domestic market and export-oriented units

from | The Hindu

Poor demand, bountiful output plunge kinnow price, leave farmers in distress

Growers in the State are worried over the drop in prices in the ongoing season and have demanded State intervention; many fear that they won’t be able to recover input cost

from | The Hindu

Will the new telecom Bill streamline the sector? | Explained

How does the government plan to consolidate the law for wireless networks and Internet service providers? Has the licensing procedure been eased for telecom operators? What are industry players saying? What are the concerns raised by digital rights groups?

from | The Hindu

Thursday 21 December 2023

Rupee falls 4 paise to 83.22 against U.S. dollar in early trade

Forex traders said lower greenback index weighed in favour of the local currency amid rising concerns over disruption in global trade through the Red Sea route

from | The Hindu

How Red Sea attacks could affect the seaborne transport of oil, gas cargoes

While an alternative route to Europe through the Cape of Good Hope could increase Qatari voyage days by 145%, or an extra 22 days on a round-trip basis, oil prices have fallen in recent weeks amid mounting demand concerns and growing indications the world will enter 2024 in a supply surplus

from | The Hindu

Sunday 17 December 2023

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 17

As of December 17, in Delhi, the price of diesel stands at Rs 89.62 per litre.

from Top Business News- News18.com

Textile sector distress damps wages, sparks worker exodus

The Textiles Committee says in a study that declining exports, flat wages and increased imports adversely affected as many as 2.14 lakh employment opportunities in the sector between 2015 and 2020, which was the pre-COVID-19 period

from | The Hindu

Consumer commission rejects online marketplace’s claim that there is no privity between customer, orders refund

The District Consumer Disputes Redressal Commission - III, Hyderabad, was dealing with a complaint filed by Mohd Abdul Yusuf. The opposite party (OP) was Flipkart Internet Private Limited.

from | The Hindu

Hindustan Shipyard invites EoI for electrical system integrators for its e-Tugs



from | The Hindu

Saturday 16 December 2023

Friday 15 December 2023

Gold Rate Rises For 10 Grams In India: Check Price In Your City On December 15

Gold Rate Today: In Mumbai, the current cost for 10 grams of 22-carat gold is Rs 57,750, and the same amount of 24-carat gold is priced at Rs 63,000.

from Top Business News- News18.com

Stock Market Updates: Sensex, Nifty Hit Fresh All-time High Levels In Early Trade

Benchmark equity indices Sensex and Nifty rallied over 1 per cent to hit all-time highs on Thursday,

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 15

Gold Rate Today: In Mumbai, petrol price on December 15 continued to retail above Rs 100 mark at Rs 106.31 for a litre

from Top Business News- News18.com

Thursday 14 December 2023

Stocks To Watch: IndiGo, SBI, Biocon, BoB, Vedanta And Others

Stocks to watch: Shares of firms like IndiGo, SBI, Biocon, BoB, Vedanta and others will be in focus on Thursday's trade.

from Top Business News- News18.com

GST rates’ rationalisation back on the table

Group of ministers on rates’ simplification under GST Council reconstituted after months of dithering

from | The Hindu

Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 14

As of December 14, in Delhi, the price of petrol stands at Rs 96.72 per litre, while diesel is priced at Rs 89.62 per litre.

from Top Business News- News18.com

InoxCVA IPO Opens Today: Should You Subscribe? Check GMP, Price

Unlisted shares of Inox India are trading Rs 445 higher in the grey market, suggesting a 67.42 per cent listing gain from the public issue

from Top Business News- News18.com

Wednesday 13 December 2023

DOMS Industries IPO Opens: Check GMP Today, Subscription Status

Unlisted shares of DOMS Industries are currently trading Rs 495 higher in the grey market, which is a 62.66 per cent listing gain from the public issue

from Top Business News- News18.com

Stock Market Updates: Sensex, Nifty Flat; BoI Tanks 5%, Adani Total 4%

A cautious mood among global equities led to a muted start on D-Street on Wednesday.

from Top Business News- News18.com

Stocks to Watch: Wipro, Axis Bank, SRF, Bank of Baroda, Indian Bank, Mankind, and Others

Stocks to watch: Shares of firms like Wipro, Axis Bank, SRF, Bank of Baroda, Indian Bank, Mankind, and others will be in focus on Wednesday's trade.

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced For December 13: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on December 13, 2023

from Top Business News- News18.com

Tuesday 12 December 2023

Stock Market Updates: Sensex Rises 50 pts, Nifty Above 21,000; Infosys Down 1%

Underperforming firm global momentum, Indian equities started on a tepid note on Tuesday amid profit booking by investors

from Top Business News- News18.com

Markets continue to rally; Nifty hits fresh record high in early trade

The 30-share BSE Sensex climbed 96.15 points to 70,024.68 in early trade. The Nifty went up by 34.40 points to hit a record level of 21,031.50.

from | The Hindu

Petrol, Diesel Fresh Prices Announced For December 12: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on December 12, 2023

from Top Business News- News18.com

Monday 11 December 2023

Stocks to Watch: Tata Motors, Cipla, Zomato, GMR Airports, Mazagon Dock, and Others

Stocks to watch: Shares of firms like Tata Motors, Cipla, Zomato, GMR Airports, Mazagon Dock, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced For December 11: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on December 11, 2023

from Top Business News- News18.com

Saturday 9 December 2023

Morning Digest | NHRC issues notice to Manipur govt. over killing of 13 persons in Tengnoupal district; Centre bans onion export till March 2024, and more

Here is a select list of stories to start the day

from | The Hindu

Centre ban on ethanol from sugarcane juice 'sudden', Amit Shah has assured of solution in two days: Ajit Pawar

Mr. Pawar, who is also the Finance Minister, said in the Assembly the Centre’s decision was ‘sudden’ and pointed out that many sugar mills in Maharashtra, one of the top producers of the sweetener in the country, have invested heavily in setting up ethanol plants

from | The Hindu

Centre revises wheat stock limits to rein in prices, hoarding

Ministry directs all wheat stocking entities to register on government’s wheat stock limit portal and update the stock position every Friday

from | The Hindu

Centre bans onion export till March; Nashik farmers protest

On August 19, the Union government imposed a 40% duty on the export of onions until December 31,

from | The Hindu

Thursday 7 December 2023

Stock Market Updates: Sensex Down 300 pts, Nifty At 20,850; Paytm Falls 20%

Paytm cracked 20 per cent on its plan to reduce below Rs 50,000-loan disbursements after RBI's tightening of consumer credit norms.

from Top Business News- News18.com

Stocks to Watch: Adani Wilmar, Paytm, Delta Corp, Bharti Airtel, IRCON, and Others

Stocks to watch: Shares of firms like Adani Wilmar, Paytm, Delta Corp, Bharti Airtel, IRCON, and others will be in focus on Thursday's trade.

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced For December 7: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on December 7, 2023

from Top Business News- News18.com

Wednesday 6 December 2023

Can degrowth help us realise our Sustainable Development Goals? 

Challenging the primacy of GDP as the main aim of economic policy, degrowth argues for a reduction of the entire global economic system; lower and sustainable levels of production and consumption to accommodate higher levels of human cooperation and ecosystem management

from | The Hindu

Stocks to Watch: SBI, Infosys, Airtel, Mamaearth, Ashok Leyland, HDFC Bank, and Others

Stocks to watch: Shares of firms like SBI, Infosys, Airtel, Mamaearth, Ashok Leyland, HDFC Bank, and others will be in focus on Wednesday's trade.

from Top Business News- News18.com

The Critical Role Of Biofuels In India's Agenda At COP28

The reduction in fossil fuel dependence and the integration of biofuels play a critical role in the global shift towards achieving net-zero emissions.

from Top Business News- News18.com

Monday 4 December 2023

Stock Market Updates: Sensex Climbs 1,000 pts To Fresh High, Nifty At 20,550

The Nifty had hit a record high on Friday, aided by strong domestic macroeconomic data including quarterly growth and monthly factory activity.

from Top Business News- News18.com

Gold Rate Jumps In India: Check 22 Carat Price In Your City On December 04

Gold rate today: In Chennai, the price for 10 grams of 22-carat gold is Rs 59,150, and for the same amount of 24-carat gold, it's Rs 64,530.

from Top Business News- News18.com

Stocks to Watch: SBI, Titan, HUL, GAIL, LIC, Tata Power, PVR Inox, Axis Bank, and Others

Stocks to watch: Shares of firms like SBI, Titan, HUL, GAIL, LIC, Tata Power, PVR Inox, Axis Bank, and others will be in focus on Monday's trade.

from Top Business News- News18.com

Petrol, Diesel Fresh Prices Announced For December 4: Check Fuel Rates In Your City

Petrol, and Diesel prices in Chennai, Kolkata, Bengaluru, Lucknow, Noida, and Gurugram on December 4, 2023

from Top Business News- News18.com