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₹2,275 a quintal from ₹2,125 last season and to ₹6,425 a quintal from ₹6,000 last season, respectively. Barley's MSP has been hiked to ₹1,850 from ₹1,735 a quintal last season while chana's MSP has been raised to ₹5,440 from ₹5,335.

Washington Examiner columnist Tiana Lowe Doescher and FOX Business' Lydia Hu join 'Making Money' host Charles Payne to discuss the impact of the housing crisis on young people.

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Narendra Modi, on Wednesday approved the project on Green Energy Corridor (GEC) Phase-II — Inter-State Transmission System (ISTS) for 13 gigawatt renewable energy project in Ladakh. The project is targeted to be set up by financial 2029-30 with a total estimated cost of Rs 20,773.70 crore and central financial assistance at 40 per cent of the project cost — Rs 8,309.48 crore. Keeping in view the complex terrain, adverse climatic conditions and defence sensitivities of the Ladakh region, Power Grid Corporation of India Limited (POWERGRID) will be the implementing agency for this project. The transmission line for evacuating this to-be-produced power will pass through Himachal Pradesh and Punjab up to Kaithal in Haryana, where it will be integrated with the national grid. An interconnection is also planned from this project in Leh to the existing Ladakh grid so as to ensure a reliable power supply to Ladakh. «It will also be connected to the Leh-Alusteng-Srinagar line to provide power to Jammu and Kashmir.

Nikkei on Wednesday. Aiming to accelerate the development of electric cars globally, Suzuki Motor will export EVs made in India to Japan as early as 2025 and also has plans to sell to Europe under its own brand, the report said. The automaker is also mulling to supply EVs to Toyota Motor for sale on the continent and if it is finalised then those electric vehicles will be sold under the Toyota brand, added the Nikkei report.

Canadian consumers got something of a reprieve in September, with inflation moderating to a 3.8 per cent annualized pace, down from four per cent a month before.

The professional organization that runs the Canada Pension Plan‘s investment fund is taking issue with a process assessing whether Alberta should break away from the national pension scheme.

Gold jumped to the highest level in four weeks as the intensifying conflict in the Middle East bolstered haven demand, with hopes for a diplomatic resolution deteriorating after a deadly explosion in Gaza.

Health insurance premiums jumped this year amid a post-pandemic spike in costs of care, adding to the burden on employers and workers as inflation erodes broader buying power.

wheat growing states, the government on Wednesday announced an increase in the minimum support price of wheat by Rs 150 to Rs 2,275 per quintal for the 2024-25 marketing season. This is the highest quantum of increase in MSP for any marketing season since the Modi government came to power in 2014. Besides, the Minimum Support Price (MSP) for five other rabi crops — gram, barley, lentil (masur), rapeseed-mustard seed and safflower — have been hiked. A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi. Currently, the MSP of wheat stands at Rs 2,125 per quintal for the 2023-24 marketing season (April-March). Wheat is the main rabi (winter) crop and its sowing begins in October while harvesting starts from April. MSP is the minimum rate at which the grain is purchased by the government procurement agencies. Briefing media after the cabinet meeting, Information & Broadcasting Minister Anurag Singh Thakur said the CCEA has approved the increase in the MSP of six mandated rabi crops for the 2024-25 marketing season. «Based on the CACP (Commission for Agricultural Costs and Prices) recommendation, we have increased the MSP of six rabi crops.

₹450 for the stock, indicating an upside of 18 percent. This comes after a 25 percent fall in the stock in the last 1 year. It lost over 23 percent in 2023 YTD, giving negative returns in 7 of the 10 months so far in the current calendar year.

₹5,077 crores, grew by 18% YoY and 4% QoQ. The Net Interest Margin for Q2 of FY 2024 stood at 4.29% against 4.24% for Q2 of FY 2023 and 4.29% for Q1 of FY 2024. Yield on Assets stands at 9.69% for the quarter ended September 30, 2023 as against 8.65% for the corresponding quarter of previous year.

By Sophie Yu and Brenda Goh

The price of Shiba Inu (SHIB) has fallen by 2% in the past 24 hours, with its dip to $0.00000690 coming as the cryptocurrency market barely moves in either direction.

Also Read: IRM Energy IPO: Check GMP today, subscription status, should you subscribe? IRM Energy Limited IPO GMP today, or grey market premium today, is ₹75 per share. This indicates IRM Energy shares were trading at a premium of ₹75 in the grey market on Wednesday, as per market observers. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of IRM Energy share price was indicated at ₹580 apiece, which is 14.86% higher than the IPO price of ₹505.

Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.

UltraTech Cement report robust earnings for the quarter ended September 2023. The country’s largest cement-maker is likely to report a 70% year-on-year (YoY) growth in consolidated net profit for the quarter to Rs 1,286 crore, according to the average of estimates given by 10 brokerages. Consolidated revenue from operations is likely to grow 12.4% on year to Rs 15,610 crore. The Aditya Birla Group’s flagship company will release its earnings on Thursday. Here’s a summary of analysts’ expectations from the company: Axis Securities Volume to grow 16% on a YoY basis, led by better demand and new capacity ramp-up.

lunar dust, consisting primarily of dark gray lunar volcanic rock, could potentially be used as a raw material for constructing roads and landing pads on the moon. The finding is based on experiments conducted on Earth, where simulated lunar soil was exposed to concentrated sunlight through large lenses, as reported by Space dot com. Unlike Earth, the moon lacks erosion processes caused by wind and water, resulting in the presence of sharp-edged particles in lunar dust.

By Toby Sterling

₹7.45 apiece a year ago, has skyrocketed 315.5% to cross the ₹30 level in today's session, the highest level since April 2015. The stock began its one-way rally in April, consistently closing each subsequent month with positive returns until September. Among these months, May was the standout performer with a remarkable rally of 41.6%, followed by June with a return of 30%.

The FMCG major’s gross margin and operating margin are likely to expand both YoY and sequentially, on the back of softer raw material prices, price hikes, and operating leverage benefits. Nestlé India is scheduled to release its earnings on Thursday. Here is a summary of analysts’ expectations from the company’s Q3 earnings: Nuvama Institutional Equities Expect revenue/EBITDA/PAT to grow by 13%/15%/17.6% YoY.