Gold vs. Silver: Understanding the Price Discrepancy Have you ever stopped to think about why silver is consistently priced so much lower than gold? While both metals are highly sought after for jewelry, industrial applications, and investment purposes, the price gap is quite significant. Currently, silver is priced at Rs 87 per gram, in stark ...
The Indian government has recently implemented a significant increase in import duties on key cooking oils, including soybean, sunflower, and palm oil, effective from September 14. This strategic move aims to support domestic farmers and stabilize the falling prices of oilseeds in the local market. Data from the government indicates a continuous decline in refined ...
This year, the renowned Lalbaugcha Raja has truly captivated devotees and visitors alike during the annual Ganesh festival in Mumbai. The idol of Lord Ganesha is adorned with a stunning 20 kg gold crown, valued at approximately ₹15 crore, a gracious gift from Anant Ambani and Reliance Foundation. This magnificent crown not only enhances the ...
Bajaj Housing Finance IPO: Record-Breaking Subscription and Anticipated Listing Performance The recent public issue by Bajaj Housing Finance, amounting to an impressive ₹6,560 crore, has captured significant attention in the financial market. Closing with a staggering subscription of over ₹3 lakh crore, this IPO has shattered previous records held by notable companies such as Nykaa ...
How to Cut Down Your Electricity Bill During the Rainy Season With ever-increasing electricity rates, many are on the lookout for effective ways to lower their energy expenses. During the rainy season, a common belief is that turning off certain appliances can help slash your electricity bill. While this might hold true to some extent, ...
Market Outlook: Insights from Tushar Pradhan As we navigate the complexities of the financial landscape, Tushar Pradhan, Director at Hexagon Partners LLP, provides a nuanced perspective on market trends and potential investment opportunities. With over 26 years of experience in investment management, Pradhan emphasizes that the current market is influenced by a plethora of factors, ...
Ashish Kacholia’s Latest Portfolio Addition: Awfis Space Solutions Ashish Kacholia, often referred to as the “Big Whale” of the Indian stock market, has made headlines once again with an intriguing addition to his investment portfolio. During the June quarter, a noteworthy stock took its place, not due to a fresh purchase, but rather as a ...
Eid-e-Milad Holiday Rescheduled in Mumbai The Maharashtra government has officially announced a change in the Eid-e-Milad holiday for residents of Mumbai. Initially scheduled for September 16, the holiday has been postponed to September 18, 2024. This decision comes following requests from local Muslim community leaders, who sought a more accommodating date for the festivities. Reason ...
Cross Limited: IPO Overview and Future Prospects Cross Limited, a prominent manufacturer specializing in vehicle components, successfully concluded its public issue, raising an impressive Rs 500 crore. The IPO garnered substantial interest and was subscribed an astounding 17.66 times, reflecting robust investor confidence. It opened for subscriptions on September 9 and concluded on September 11, ...
Market Overview: In the week concluding on September 13, the stock market experienced a robust rally, with major indices reaching unprecedented heights. This surge was fueled by favorable monsoon conditions and encouraging economic indicators. Positive sentiment was also bolstered by anticipations of an imminent interest rate cut by the Federal Reserve during its upcoming policy ...
Exciting Opportunities for Mango Farming in Uttar Pradesh The government of Uttar Pradesh is offering an incredible opportunity for farmers looking to venture into mango gardening. With the aim of boosting farmers’ incomes through agricultural diversification, the state is providing substantial subsidies to encourage the cultivation of mango orchards. If you reside in Uttar Pradesh ...
Market Overview As of September 13, the Indian stock market has witnessed substantial growth, buoyed by strong global cues and persistent buying from both domestic and foreign institutional investors. The BSE Sensex reached a new record high of 82,890.94, marking an impressive increase of 1,707.01 points or 2.10%. Similarly, the Nifty50 index also recorded significant ...
Market Anticipation Ahead of Federal Reserve Meeting Financial markets are bracing for significant developments from the upcoming Federal Reserve monetary policy meeting scheduled for September 17-18. Investors are keenly aware that the central bank’s decisions on interest rates could shape the economic landscape in the months ahead. With the S&P 500 index hovering just 1% ...
Mindteck India Announces Bonus Shares Mindteck India, a prominent player in engineering and technology solutions, has recently announced an exciting opportunity for its shareholders. The company plans to offer bonus shares at a ratio of 1:4, meaning for every four shares held, shareholders will receive one additional share. This announcement is significant as it highlights ...
Understanding Pitru Paksha: A Reverent Time for Ancestors Each year, 16 days are dedicated to honoring our ancestors, a period known as Pitru Paksha. During this time, it is believed that Lord Yamraj liberates the souls of the departed ancestors, allowing them to receive offerings, known as tarpan and pinddaan, from their living family members. ...
Beware of Stock Market Scams: Protect Your Investments In recent times, a concerning trend has emerged in the stock market: fraudulent claims promising to transform a mere 1000 rupees into a staggering 1 lakh in just one month. These enticing offers often spread through online channels, particularly social media platforms. It is crucial for investors ...
Market Insights from Alok Agarwal: Focusing on Growth Sectors As the Indian stock market continues to reach new all-time highs, investors are presented with a unique opportunity to capitalize on specific growth sectors. Alok Agarwal, the Head of Quant and Fund Manager at Alchemy Capital, emphasizes this need for strategic investment during bullish market trends. ...
Exciting News for Mazagon Dock Shipbuilders Shareholders In a significant move, Mazagon Dock Shipbuilders, a prominent government shipbuilding company, has announced a final dividend of ₹12.11 per share for the financial year 2023-24. This announcement was made in May 2024, and it showcases the company’s commitment to rewarding its shareholders. The eligibility for this dividend ...
The Yogi Adityanath government in Uttar Pradesh has launched another round of transfers following a series of administrative reshuffles. This latest transfer express has seen a total of 29 Indian Administrative Service (IAS) officers reassigned, with significant changes among the district magistrates (DMs) across various districts. Notably, 13 district magistrates have been replaced, impacting crucial ...
Gold Rate Today in India (September 14, 2024): There has been a noticeable increase in the prices of gold across major cities in India. Currently, the price for 24-carat gold ranges between Rs 74,000 to Rs 75,000 per 10 grams. In the capital city of Delhi, the price has escalated to Rs 74,610 for 10 ...
