Record News

Parliament on December 19 indicates a significant surge of 28 percent in unclaimed deposits held by banks, reaching a total of ₹42,270 crore as of March 2023. Compared to the preceding financial year of FY22, where the unclaimed deposits with both public and private sector banks stood at ₹32,934 crore, the current figure represents a noteworthy increase to ₹42,272 crore by the end of March 2023, marking a 28 percent rise.

Narendra Modi on Wednesday dialed Rajya Sabha Chairman Jagdeep Dhankhar and expressed pain over the mimicry incident. Dhankhar who is also Vice President of India, on the X platform wrote, "Received a telephone call from the Prime Minister, Shri @narendramodi Ji. He expressed great pain over the abject theatrics of some Honourable MPs and that too in the sacred Parliament complex yesterday".

systematic investment plans (SIPs) reached an all-time high in November 2023 as it touched ₹17,073 crore. By no means, it was an aberration. Interestingly, in each of the past five months starting July 2023, the previous record of SIP inflows in mutual funds was broken in the following month.

₹400 crore initial public offering (IPO) of real estate firm Suraj Estate Developers was subscribed 3.26 times by 10:55 am on the final day of bidding. It had received bids for 2.53 crore shares as against 77.77 lakh on offer. The IPO opened on Monday, December 18, and will close today, December 20, 2023.

Coforge Ltd, part of the IT industry, breaks out from an inverted Head & Shoulder pattern on the weekly charts which has opened room for the stock to head towards 7000 levels, suggest experts. The stock rose by about 10% in a week which helped the stock to break out from an Inverse Head & Shoulder pattern on the weekly charts. The neckline of the pattern was placed around 6100 levels. After breaching the neckline of the inverse head & shoulder pattern earlier in December placed at 6100 levels the stock hit a fresh record high of Rs 6528 on 19th December 2023. The stock has been in an uptrend after hitting a low above 4700 levels in October 2023.

'Opposition-less' Parliament? How many MPs are left after record suspensions Union Minister for Information and Broadcasting, Anurag Singh Thakur to move that the Bill to provide for press, registration of periodicals and matters connected therewith or incidental thereto, as passed by Rajya Sabha, be taken into consideration. Besides, the Bill to consolidate and amend the law relating to Criminal Procedure will also be taken into consideration on Wednesday.

doubled down on anti-immigrant “blood" purity remarks in front of several thousand supporters in New Hampshire. “They’re poisoning the blood of our country," Trump said in New Hampshire about the record numbers of immigrants coming to the U.S.

DOMS Industries shares got listed at a premium of 77.2% (Rs 610) at Rs 1400 apiece on the bourses on Wednesday. The issue was priced at Rs 790 at the upper end. Net proceeds will be utilised for the part funding of the cost of establishing a new manufacturing facility and general corporate purposes. DOMS Industries' public offer was subscribed 93 times at close. The category reserved for retail investors was subscribed the most at 69 times, followed by NIIs at 66 times. The QIB portion of the issue was booked 116 times. The company boasts a track record of impressive financial performance with consistent revenue and profit growth, further fueled by robust expansion plans that unlock exciting future potential. «The hefty GMP already anticipates much of the company's future growth, leaving limited immediate gains on the table. Therefore, we recommend skipping fresh buys on the listing. Investors seeking quick profits can consider booking gains and exiting,» said Shivani Nyati, Head of Wealth, Swastika Investmart. Also Read: RBZ Jewellers IPO: Should you subscribe to this Rs 100-crore issue?

India nor the US were behind the cash-strapped country's miseries but "we shot ourselves in our own foot", indirectly referring to the powerful military establishment for its woes. During a conversation with Pakistan Muslim League-Nawaz (PML-N) ticket aspirants here, the party supremo, who is eying to become prime minister for a record fourth time, pointed out that he was ousted from power three times in 1993, 1999 and 2017. “Today where Pakistan has reached (in terms of the state of the economy) this is not done by India, the US or even Afghanistan.

₹549.78 crore, which is a complete offer for sale. The IPO garnered a decent response from investors on the first day, achieving an overall subscription rate of 2.08 times.

“For the year 2023, till date, we have been able to generate 71% returns at the portfolio level, and we like to invest in companies that have a return on capital substantially higher than the cost of capital," says Siddharth Oberoi, Fund Manager — Prudent ACE Equity Fund. In an interview with ETMarkets, Oberoi said: “The philosophy has worked for us over the last 27+ years and we are quite confident that it will continue to outperform in the future as well,” Edited excerpts: Thanks for being part of the segment. Prudent Ace Equity Fund has given stellar returns since its launch. Take us through the performance. The fund will complete its first year in December 2023. We follow the calendar year for performance measurement. For the year 2023, till date, we have been able to generate 71% returns at the portfolio level.

Azad Engineering is one of the key manufacturers of qualified product lines supplying to global original equipment manufacturers in the aerospace and defence, energy, and oil and gas industries. The company makes complex and highly-engineered precision forged and machined components that are mission and life-critical and hence, some of their products have a zero parts per million defects requirement. Also Read: Happy Forgings IPO opens for subscription. Should you apply? Azad Engineering IPO review: Should you bid? Despite on-par valuation with peers, analysts advised investors to subscribe to the issue over the company's strong financial track record and superior outlook on growth. «The company has a solid track record, a strong business plan, and management experience that has produced positive results in the past.

Day trading guide for today: The Nifty 50 and Sensex, leading benchmark indices, reached new all-time highs of 21,505.05 and 71,623.71, respectively, during intraday trading on Tuesday, December 19. The Nifty 50 concluded with a 34-point gain, equivalent to a 0.16% increase, closing at 21,453.10. Simultaneously, the Sensex wrapped up at 71,437.19, marking a 122-point upswing, translating to a 0.17% rise.

F&O ban list: A total of ten stocks have been put under the ban for trade on Wednesday, December 20, 2023, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

global market cues. The Asian markets traded higher while the US stocks ended with gains overnight amid upbeat sentiment over easing monetary policy by the central bank going ahead. Catch Live Market Updates here However, a spike in crude oil prices on concerns over disruption in the Red Sea would weigh on investor sentiment.

SAO PAULO (Reuters) -Creditors of Brazilian retailer Americanas approved a restructuring plan on Tuesday, which features a $2.5 billion capital injection by main shareholders and a divestment agenda aimed to cut its around 50 billion reais ($10.28 billion) debt.

SHANGHAI/SINGAPORE (Reuters) — China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its medium-term policy rate steady earlier last week.

Investing.com — The S&P 500 closed higher Tuesday, and now has a record high within insight as the rally in stocks broadened beyond tech at a time when rate-cut optimism remains front and center.    

Accenture forecast second-quarter revenue below Wall Street targets on Tuesday, anticipating cautious spending by clients as macroeconomic uncertainty remains an overhang. Analysts expect IT services expenditure to remain muted in the near term as businesses typically decide their annual budgets only after February. Accenture itself has pointed to slower budget-related decision-making, especially in tech and media companies.

Canada came close to breaking the highest population growth rate in any quarter this July to September when it reported 430,635 new residents in the country.

kitabe kuchh kahna chahti hain). And he is right. Books do want to say something but only to those who strike a chord of friendship with them.