Gold prices surged by Rs 600 on Thursday, reaching an all-time high of Rs 89,450 per 10 grams in the national capital, driven by strong global market trends. The yellow metal, with 99.9% purity, had previously closed at Rs 88,850 per 10 grams on Wednesday.Similarly, gold of 99.5% purity saw an increase of Rs 600,…
NEW DELHI: Singapore’s sovereign private equity giant Temasek is acquiring 9-10% stake in Haldiram Snacks Foods for over Rs 8,500 crore, valuing the company at around $10 billion. Haldiram Snacks Foods is the parent entity of Haldiram’s, widely recognised as the country’s largest snacks brand.The acquisition marks one of the largest recent deals in India’s…
Bank Holidays for Holi 2025 Bank Holidays for Holi 2025: Banks across various states will observe closures during Holi 2025, with specific dates varying by region. As per Reserve Bank of India (RBI) guidelines, certain days are designated as holidays under the Negotiable Instruments Act. These holidays are determined based on local traditions and customs….
NEW DELHI: Gold prices continued upward momentum with April futures hitting an all-time high of Rs 86,875 per 10 grams on Thursday, at the multi commodity exchange (MCX).The yellow metal marked a rise of 0.21 per cent or Rs 189, while silver May futures traded at Rs 99,389 per kilogram, down 0.09 per cent or…
India is anticipated to regain its position relative to Emerging Markets in 2025, supported by several fundamental factors. (AI image) Indian equity benchmark indices, BSE Sensex and Nifty50, may have crashed from their September 2024 peaks, but the market still looks attractive in the long-term, says Morgan Stanley. In its latest report on ‘India Equity…
NEW DELHI: India’s core inflation outlook remains positive despite rising industrial metal prices, a report by ICICI Bank Global Markets revealed.Core inflation remained higher in February, majorly due to a surge in gold prices. Meanwhile, stable global edible oil prices and expectations of a normal monsoon point to a positive outlook for food inflation in…
NEW DELHI: Aviation industry personnel in India have made a beeline for joining Saudi Arabia’s soon to be launched second national carrier Riyadh Air, that is owned by the Public Investment Fund (PIF) of Saudi Arabia.The airline website’s career portal has been open for two years on which pilots, cabin crew members, ground, maintenance staff…
Chipmaker giant Intel appointed tech industry veteran Lip-Bu Tan as its new chief executive on Wednesday, who would be assuming his role from March 18, 2025.The move pushed the company shares soaring more than 10 per cent in after market trade.Bu Tan’s appointment comes at a crucial time when the tech firm is struggling to…
Ajit Mishra of Religare Broking says, “Despite weak global cues, markets are displaying resilience.” (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in green on Thursday. While BSE Sensex was above 74,100, Nifty50 was near 22,500. At 9:18 AM, BSE Sensex was trading at 74,151.24, up 121 points…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, DLF, SRF, and Adani Ports are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March 13, 2025:Index View: NiftyNifty…
