Gap Financial News

Tata Power Company Ltd. 0.33 per cent to Rs 413.65 in Thursday's session as of 12:12PM (IST) even as the equity benchmark Sensex traded 828.08 points at 79354.12. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 494.85 and a 52-week low of Rs 312.60 on NSE. Around 375488 shares changed hands on the counter till 12:12PM (IST).

The Canadian dollar’s slide continued Wednesday amid expectations for a slower pace of rate cuts from the U.S. Federal Reserve.

Donald Trump lobbed a fresh taunt at Canada as Prime Minister Justin Trudeau tries to weather a crisis sparked by the sudden departure of a minister who was a bulwark against the U.S.president-elect’s plan to start trade wars with his neighbours.

Ex-Credit Suisse people have turned up in a lot of places since their house burned down, but Santander has rescued more than most. By our reckoning, the Spanish bank added over Credit Suisse bankers last year. Most, but not are all, were ex-Credit Suisse managing directors in the US. Many were CS veterans, who spent tens of years at the firm. They included David Miller, the former head of Credit Suisse's investment bank, who joined in the US last November.

India Budget: As India prepares for Budget 2025, retailers are calling for measures that could transform the sector, including low-interest financing, tax relief, and a faster rollout of the National Retail Policy. The Retailers Association of India (RAI), in its pre-budget memorandum, urged the government to use the Union Budget for FY25-26 as a platform to address structural gaps, boost consumption, and improve ease of doing business. These changes, the RAI stated, would bolster consumer sentiment and support growth in the retail sector. A key demand from retailers is affordable financing. RAI highlighted the need for the government to announce lower interest rates specifically for retail businesses in the budget. “There is a need to provide lower interest rates to the retailers through the special announcement in the budget to assure easier financing for the retail businesses,” RAI stated. The association proposed the creation of a special fund, facilitated by the Small Industries Development Bank of India (SIDBI), to help independent retailers across the nation. This scheme could provide low-cost loans and relaxed regulatory guidelines to millions of small businesses, addressing a critical gap in financing options.

Advertisements pasted along the sidewalk in Kyiv ask for donations to help fill financial gaps across Ukraine's military

manufacturing sector recorded a steady 5.6% compound annual growth rate (CAGR) in compensation for contractual workers between fiscal years 2021 and 2024, according to the findings of a TeamLease Services report released on Monday. This rise is attributed to inflation, the growing demand for skilled labour and the need for competitive pay to address high attrition rates, said the report, titled ‘A Staffing Perspective on Manufacturing’. The report sheds light on the challenges and opportunities facing the contractual workforce as the sector aims for a $1 trillion valuation by 2025-26.

Bajaj Holdings & Investment Ltd. traded at Rs 11113.65 on BSE at 11:46AM (IST) on Monday, 0.19 per cent from previous close. The stock quoted a 52-week low price of Rs 7631.10 and a high of Rs 11515.10.

India Women Innings Highlights : India Women vs West Indies Women Live Score: India Women Smriti Mandhana 33 (23) Jemimah Rodrigues 33 (17) West Indies Women Shamilia Connell 0/11 (1) India Women vs West Indies Women Live Score: SIX! TRAVELS THE DISTANCE FOR SIX! Short-pitched around leg, Jemimah Rodrigues pulls this and the ball sails over the fence towards the long leg region for six runs. Jemimah Rodrigues is striking at around 200.

Steve Smith surpassed Mark Waugh to become the sixth-highest run-scorer in international cricket history. Smith achieved this milestone during the third Test against India at Brisbane. In the match, Smith returned to form with a commanding knock of 101 runs off 190 balls, including 10 fours. This marked his first century in 25 innings, the longest gap in his career without reaching three figures. His previous longest gap was 22 innings, from his debut to his maiden Test century.

Mie Takahashi is one of a small group of female toji, or master Japanese sake brewers

Earth on Friday, the 13th, but not this one. The 2029 Friday 13 is the most concerning of all because there is a slim chance that we will be struck by a massive asteroid that is speeding towards Earth. Today is the day to pay close attention to the gap when boarding the train and to cast ten glances left and right before crossing the street. For what reason? Of course, it's Friday 13, the dreaded day, as quoted in a report by the Daily Star UK. You can avoid disaster on this year's frightfully unlucky day if you take precautions, but in 2029, just over four years from now, you might not be so fortunate because a massive asteroid might be on its way to Earth.

Floating-rate borrowers got their Christmas bonus from the Bank of Canada on Wednesday: a half-point drop in their borrowing costs.

Pidilite Industries Ltd. traded at Rs 3150.90 on BSE at 12:04PM (IST) on Friday, 1.2 per cent from previous close. The scrip quoted a 52-week low price of Rs 2490.00 and a high of Rs 3414.40.

Colgate-Palmolive (India) Ltd. traded at Rs 2861.10 on BSE at 10:04AM (IST) on Friday, 0.61 per cent from previous close. The scrip quoted a 52-week low price of Rs 2330.10 and a high of Rs 3893.00.

MSMEs, estimates suggest the actual number could be significantly higher, potentially reaching 140 million. The informal sector plays a substantial role in India's economy, with numerous unregistered businesses operating outside the formal system. This vast, untapped economic potential presents a significant opportunity for growth, innovation, and development waiting to be leveraged. In an interaction with ET Digital, Oliver Prill, CEO, Tide, says that India offers a tremendous growth opportunity, particularly as the country rapidly advances on its growth trajectory. To capitalise on this potential, it is essential to tap into the MSME sector, which is poised to play a vital role in driving India's economic growth, adds Prill. Edited excerpts:

You might have thought the Bank of Canada‘s latest interest rate cut — a second consecutive 50-basis-point whopper — would have sent the loonie plunging, but you were wrong if you did.

Avenue Supermarts Ltd. traded at Rs 3701.55 on BSE at 11:16AM (IST) on Thursday, 0.21 per cent from previous close. The stock quoted a 52-week low price of Rs 3567.35 and a high of Rs 5484.00.

Marico Ltd. 1.27 per cent to Rs 640.80 at 10:14AM hours (IST) on Thursday. Earlier in the day, the stock saw a gap up start to the session. As per data available on BSE, total traded quantity on the counter stood at 21,198 shares with a turnover of Rs 1.36 crore till 10:14AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 52.29, while the price-to-book value ratio stood at 16.73.

He, however, cautioned that there is no room for complacency.