City Mumbai Financial News
22.05 / 05:05
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Gold and silver prices today on 22-05-2024: Check latest rates in your city
gold in the last one week has been -1.1% .whereas in the last month it has been 0.18%. The cost of silver is Rs.93150.0 per kg up by Rs.6690.0 per kg. Gold Price Today in Delhi is ₹76589.0/10 grams.
22.05 / 01:17
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Silver had a sparkling run. What comes next may not be pretty
MUMBAI : With silver trading at higher than ₹90,000 a kg on commodity bourse MCX, market stakeholders warn that any increase toward the psychological ₹1 lakh level could result in a profit-booking spree. The white metal has risen 26% from ₹73,501 a kg to a record ₹92,475 in the year-to-date, MCX’s spot price index shows.
22.05 / 01:17
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KKR digs for a billion-dollar fortune in industrial waste
MUMBAI : KKR & Co. has set the stage for an exit from RE Sustainability Ltd, selling the municipal business back to its founders, and hiring bankers to find a buyer for the remaining industrial waste business. The global private equity firm is seeking a valuation of $1 billion for its entire stake, three people aware of the matter said on condition of anonymity.
22.05 / 01:17
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Top Events on May 22: PM Modi in Delhi, heatwave alert, SpiceJet's deadline to pay dues, and more
Top Events on May 22: India is set to witness various political, legal, technological, and sports events today, May 22, Wednesday. PM Modi will hold a Lok Sabha election rally in Delhi, while the weather office has issued heatwave alert till May 22. Take a look at top events of the day below, - Prime Minister Narendra Modi will address a public rally in West Delhi's Dwarka constituency to support the Bharatiya Janata Party (BJP) in the Lok Sabha elections on Wednesday.
21.05 / 14:59
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Sobha Ltd aims Rs 10,000 crore increase in equity capital over next 5 years
Sobha Group, plans to increase its equity capital to Rs 10,000 crore over five years to support growth, including expansion into new markets, with an initial target of Rs 2,000 crore through a rights issue this fiscal year, said as disclosed by a senior company official. After the Rs 2,000 crore rights issue, the company’s equity base will increase to Rs 4,500 crore.
21.05 / 14:33
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'Rathnam' OTT release: Tamil action drama set to premiere on Prime Video this month
Mumbai, Tamil movie "Rathnam", starring Vishal in the lead role, will be available for streaming on Prime Video from May 23, the OTT platform announced on Tuesday. Directed by Hari, known for movies such as «Yaanai», «Saamy» and «Singam», the action drama movie was released in the theatres on April 26. The film also stars Priya Bhavani Shankar, Gautam Menon, Samuthirakani, and Yogi Babu in pivotal roles. According to a press release, «Rathnam» will premiere on the streaming service in Tamil along with dubs in Telugu.
21.05 / 14:29
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Global Cities Index 2024: Delhi better than Mumbai in economy, quality of life; UP's Sultanpur grabs last spot on list
ALSO READ: Mumbai most expensive city for expats in India; see full list here According to the report, Delhi fared better than Mumbai in several parameters, including Economics, Human Capital, and Quality of Life. Delhi was worse in the Environment ranking, while all the Indian cities ranked 380 on Governance.
21.05 / 12:57
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How much a Rs 1 lakh investment in gold, real estate and Indian stocks has grown in 20 years
When it comes to investment purposes, three asset classes – gold, real estate and equity – score over other options. These three investment avenues too have their pros and cons, like other options. Gold for decades has been a preferred choice for Indian households due to traits like safe-haven appeal, liquidity advantage and cultural significance. Real estate is another popular investment avenue for people, thanks to low volatility and high returns in the medium- to long-term. On the other hand, equity gives a feeling of ownership to an investor after purchasing the stock of a particular company.
21.05 / 08:49
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Mukesh Ambani to host Anant-Radhika's 2nd pre-wedding celebration on cruise? All you need to know about date, venue, guest list
Nita Ambani are preparing for a second round of pre-wedding festivities for their son Anant Ambani and his fiancée Radhika Merchant. This comes after a lavish three-day celebration in Jamnagar, Gujarat, earlier this year. The initial pre-wedding event in Jamnagar saw around 1,200 guests, including notable figures like Meta founder Mark Zuckerberg, Microsoft co-founder Bill Gates, global pop star Rihanna, cricketers Sachin Tendulkar and MS Dhoni, and Bollywood stars such as Shah Rukh Khan, Alia Bhatt, and Katrina Kaif. Forbes reported that Mukesh Ambani spent a colossal Rs 1259 crore on his son and future daughter-in-law’s pre-wedding festivities.
21.05 / 03:15
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Stock market today: Trade setup for Nifty 50 to India VIX, six stocks to buy or sell on Tuesday — May 21
Stock market today: The domestic benchmark indices, Sensex and Nifty 50, are probably going to open higher on Tuesday's trading session, amidst mixed global cues. The Indian benchmark indices is off to a solid start, based on Gift Nifty's trends. The Gift Nifty was trading at a premium of around 70 points from the previous closing of the Nifty futures, at 22,610.
21.05 / 03:15
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Sensex Today Live Updates : Muted Asian peers, Gift Nifty signal subdued open for Indian markets
Read the full story here.)Sensex Today Live : Indian equity indices, Sensex and Nifty 50, are projected to open on a positive note on Tuesday, influenced by a blend of global indicators. Mixed trends were observed in Asian markets, while the US market mostly closed higher, with Nasdaq reaching a record high due to a tech stock rally preceding Nvidia’s results.Investors’ attention will be on Q4 results, the voter turnout in the current Lok Sabha elections, local and international macroeconomic data, foreign fund outflows, crude oil prices, and other global factors.The Indian stock market concluded a special trading session on Saturday with slight gains, buoyed by positive global indicators.
21.05 / 01:51
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Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Nasdaq at record high to oil prices
Read here: Week Ahead: US Fed chair speech, Q4 results, FII activity, global cues among key market triggers this week On Saturday, the Indian stock market indices ended the special trading session with minor gains amid positive global cues. The Sensex gained 88.91 points, or 0.12%, to close at 74,005.94, while the Nifty 50 settled 35.90 points, or 0.16%, higher at 22,502.00. The domestic equity markets were closed on Monday due to the Lok Sabha elections in Mumbai.
21.05 / 01:51
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Nifty 50, Sensex today: What to expect from Indian stock market in trade on May 21
Sensex rose 88.91 points, or 0.12%, to close at 74,005.94, while the Nifty 50 settled 35.90 points, or 0.16%, higher at 22,502.00. The Indian stock market was shut on Monday on account of the Lok Sabha elections in Mumbai. Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Nasdaq at record high to oil prices Nifty 50 formed a small range candle on the daily chart, which indicates an uptrend continuation pattern.
20.05 / 20:17
Digital
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Mobile
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recommendations
'Broadcasting policy must exclude OTT, online gaming and music': Stakeholders to TRAI
Media and entertainment industry stakeholders have urged Telecom Regulatory Authority of India (TRAI) to restrict its recommendations on the National Broadcasting Policy (NBP) to the broadcasting sector and exclude non-broadcasting issues like OTT, online gaming, film, and music as they are beyond its remit.
20.05 / 18:47
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BJP's Odisha face & BJD's No. 2 face off in Sambalpur
Sambalpur: Sambalpur is going to be one of the most watched Lok Sabha constituencies in Odisha where both the BJP and Biju Janata Dal have put their best foot forward.
20.05 / 18:47
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HC bars BJP from running ads against TMC, slams ECI
Calcutta High Court on Monday came down heavily on the Election Commission of India for not resolving complaints filed by political parties during the Lok Sabha elections.
20.05 / 18:35
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Not letting up, Trinamool chief accuses priest of starting riots once again
Kolkata: West Bengal Chief Minister Mamata Banerjee on Monday again slammed Bharat Sevashram Sangha monk Kartick Mahraj for allegedly instigating riots in Murshidabad's Rejinagar during Ram Navami, arguing he must officially use the BJP's symbol as he was allegedly promoting the party's cause.
20.05 / 18:35
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Interviews
BJP never initiated alliance talks with BJD: Union minister Dharmendra Pradhan
Union minister Dharmendra Pradhan, who is contesting from Sambalpur, said the Opposition shouldn't have a problem if the BJP is ambitious. In an interview with ET, the BJP leader also spoke on Opposition's claims and the party's plan for Odisha. Excerpts:
20.05 / 18:35
20.05 / 17:07
Citi
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Lok Sabha Elections 2024: 59% voter turnout across 49 seats in Phase 5, West Bengal records highest
Follow Lok Sabha Election 2024 Phase 5 Voting Live Updates here Eight states/UTs which went to the polls in Phase 5 of the Lok Sabha Elections were Bihar (5 seats), Jammu and Kashmir (1 seat), Ladakh (1 seat), Jharkhand (3 seats), Maharashtra (13 seats), Odisha (5 seats), Uttar Pradesh (14 seats), and West Bengal (seven seats). Check full list of constituencies that voted in Phase 5 (on May 20) here Cities like Mumbai, Thane and Lucknow voted in this phase, “which have in the past suffered from urban apathy in voting," the Election Commission said.
20.05 / 12:41
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‘200-300 log aise hi gaye…’: Singer Amit Trivedi says he wasn't allowed to vote despite having all valid documents
49 constituencies across 8 states are voting. The six seats of Maharashtra capital Mumbai are also up for polling today, and this is going to be an interesting contest as, for the first time, two factions of Shiv Sena and NCP are going against each other in the parliamentary elections. Former Maharashtra CM and Shiv Sena (UBT) chief Uddhav Thackeray addressed a press briefing in Mumbai and raised questions on the conduct of elections.
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