Experts Financial News
27.12 / 13:17
27.12 / 12:59
27.12 / 12:59
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Gold jumps Rs 350 to Rs 79,200 per 10 gm; silver surges Rs 900
capital on Friday on the back of continued buying by jewellers and depreciation in the rupee, according to All India Sarafa Association. Traders said the safe-haven asset is also strengthened by escalating geopolitical tensions stemming from the ongoing Russia-Ukraine war and tensions in the Middle East. The yellow metal on Thursday settled at Rs 78,850 per 10 grams.
27.12 / 12:59
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Govt issues allocation order to Hindalco Industries for coal mine in Odisha
Aditya Birla Group firm Hindalco Industries Ltd. The government issued the vesting order for the Meenakshi coal mine that has a peak rating capacity of 12 million tonnes per annum (MTPA).
27.12 / 12:59
27.12 / 11:27
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Manmohan Singh saved India from economic crisis and debt trap: Deve Gowda
Manmohan Singh's death a «great loss» for the nation, JDS supremo H D Deve Gowda on Friday credited him with «saving the country» from an economic crisis and preventing it from falling into a «debt trap». The former Prime Minister described Singh as a simple, honest, and gentlemanly figure.
27.12 / 11:27
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Stock market update: Sugar stocks up as market rises
Simbhaoli Sugars Ltd.(up 1.65%), Triveni Engineering & Industries Ltd.(up 1.28%), Ugar Sugar Works Ltd.(up 1.26%), Avadh Sugar & Energy Ltd.(up 1.09%), EID Parry(India)Ltd.(up 0.77%), Rajshree Sugars & Chemicals Ltd.(up 0.58%), Sakthi Sugars Ltd.(up 0.52%), KCP Sugar & Industries Corporation Ltd.(up 0.35%), Vishwaraj Sugar Industries Ltd.(up 0.28%) and Balrampur Chini Mills Ltd.(up 0.05%) stood among the top gainers.
27.12 / 11:27
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social
China defends plan to build world's largest dam over Brahmaputra River in Tibet; says will not affect lower reaches
Brahmaputra River in Tibet saying that the project will not affect riparian states and safety issues have been addressed through decades of studies. Chinese Foreign Ministry spokesperson, Mao Ning played down apprehensions over the massive project estimated to cost around USD 137 billion being built in the ecologically fragile Himalayan region located along a tectonic plate boundary where earthquakes occur frequently.
27.12 / 11:27
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Singh is King! Sensex surged nearly 5 times when Manmohan Singh was Prime Minister
index BSE Sensex surged 398% or nearly five times between 2004 and 2014, climbing from 4,961 to 24,693, when then Prime Minister Manmohan Singh was at the helm. The 30 stock index ended positive on 8 out of 10 occasions during his tenure. The highest Sensex return of 81% came in 2009 followed by 47%, each in 2006 and 2007. In 2004, 2005, 2010, 2012 and 2013, the returns were at 33%, 42%, 17%, 26% and 9%, respectively.
27.12 / 11:27
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Stock market update: Nifty Bank index 0.27%
Shares of IndusInd Bank Ltd.(up 2.31 per cent), IDFC First Bank Ltd.(up 1.25 per cent), ICICI Bank Ltd.(up 0.79 per cent), Au Small Finance Bank Ltd.(up 0.72 per cent) and HDFC Bank Ltd.(up 0.42 per cent) ended the day as top gainers in the pack.
27.12 / 11:27
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DAM Capital Advisors shares make a strong debut on exchanges. What should investors do?
DAM Capital Advisors made a strong debut on the exchanges, listing at a 39% gain over its issue price. The IPO received a significant investor subscription of nearly 82 times. DAM Capital is the fastest-growing merchant bank in India, achieving the highest revenue CAGR from FY22 to FY24 and the best profit margin among peers in FY24.
27.12 / 10:33
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JSW Energy appoints Feby Koshy as EVP-Head Thermal
JSW Energy on Friday announced that its board has approved appointment of Feby Koshy as the Executive Vice President — Head of Thermal. His appointment is effective from December 30, JSW Energy said in an exchange filing.
27.12 / 10:33
27.12 / 10:33
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Market Wrap: D-Street pares early gains to end higher, Sensex closes 226 points up, Nifty above 23,800
The S&P BSE Sensex settled at 78,699, up by 226.6 points or 0.29% while the broader Nifty 50 index closed at 23,813.40, higher by 63.20 points or 0.27%.
27.12 / 10:33
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budget 2025
Budget 2025: Cut income tax rates! The clamour is getting louder for a reason
Budget 2025, Finance Minister Nirmala Sitharaman faces mounting pressure to reduce income tax rates, particularly for the middle class.
27.12 / 10:33
27.12 / 10:33
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Manmohan Singh encouraged young technocrats to join government: EAC-PM member Rakesh Mohan
Rakesh Mohan recalled how former prime minister Manmohan Singh used to encourage young technocratic talent to join the government and play a role in policy-making. Singh, the architect of India's economic reforms, died here at the age of 92 late on Thursday. He served as prime minister for two terms from 2004 to 2014.
27.12 / 10:07
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Reliance Jio
Reliance Jio launches Rs 601 annual plan for unlimited 5G data, here are benefits, validity, how to avail
Reliance Jio subscribers can now enjoy affordable speed and convenience of unlimited 5G network. The telecom company has introduced an annual Rs 601 True 5G gift voucher, which offers unlimited 5G data along with enhanced 4G data benefits.
27.12 / 09:51
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NFO Alert: Bajaj Finserv Mutual Fund launches gilt fund
Bajaj Finserv Mutual Fund has announced the launch of Bajaj Finserv Gilt Fund, an open ended debt scheme investing in government securities across maturity with relatively high interest rate risk and relatively low credit risk.
27.12 / 09:51
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testing
Virat Kohli booed at MCG after dismissal; turns around for short standoff with fans
Virat Kohli was booed and jeered while walking back to the dressing room after his dismissal in the Boxing Day Test against Australia here on Friday, prompting him to turn around for a brief stand-off with the fans. Kohli's conduct has become a hot topic in the ongoing fourth Test where he shoulder-charged 19-year-old debutant Sam Konstas on the opening day. It resulted in a fine and a demerit point.
27.12 / 09:51
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Fujita Corporation backed Neilsoft files DRHP for IPO
Fujita Corporation backed Neilsoft, a technology-driven, pure-play engineering services and solutions (ER&D) company with over 20 years of experience in servicing global customers, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The IPO, with a face value of Rs 5, is a mix of fresh issue of shares up to Rs 100 crore and an offer-for-sale for sale up to 8 million shares by promoters and other selling shareholders.
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