Gap Financial News

Shree Cements Ltd. traded at Rs 27622.95 on BSE at 01:08PM (IST) on Friday, up 0.51 per cent from previous close. The scrip quoted a 52-week low price of Rs 23431.9 and a high of Rs 30710.15.

I hear and I forget. I see and I remember. I do and I understand. — Confucius

InterGlobe Aviation Ltd. traded at Rs 4498.85 on BSE at 12:43PM (IST) on Friday, up 1.54 per cent. The stock quoted a 52-week low price of Rs 2334.95 and a high of Rs 4610.0. Earlier in the day, the stock saw a gap up opening.

Cholamandalam Investment & Finance Company Ltd. gained 2.41 per cent to Rs 1397.65 in Friday's session as of 11:11AM (IST) even as the equity benchmark Sensex traded 672.24 points higher at 80712.04. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price of Rs 1475.95 and a 52-week low of Rs 997.4 on NSE. Around 18304 shares changed hands on the counter till 11:11AM (IST).

benchmark sovereign bond yield retreated Thursday, closing at 6.951%, following budgetary announcements that sought to narrow the fiscal gap through judicious use of the bumper surplus the government received from its money manager — the central bank. The yield on the 10-year benchmark government security has eased 23 basis points so far in 2024. Bond yields stood at 6.96% on Wednesday. One basis point is 0.01%.

As Dogecoin marks its tenth year in crypto, a new project, Doge2014 has stepped onto the scene.

apparel and footwear may become a larger part of the global sourcing for brands like Zara, H&M, Marks and Spencer and Gap with finance minister Nirmala Sitharaman announcing a lot of exemptions on import duties of raw materials for apparel and footwear only when they are further exported. Local manufacturers said this will make the Indian produce price competitive in the global market compared to Bangladesh, Vietnam, Cambodia, China, and Southeast Asian nations.

Avenue Supermarts Ltd. traded at Rs 5129.7 on BSE at 12:43PM (IST) on Thursday, down 0.51 per cent from previous close. The scrip quoted a 52-week low price of Rs 3493.05 and a high of Rs 5220.0.

Political Science at the University of Rochester. Speaking to Srijana Mitra Das, he discusses major gaps — and some points of unity — in US politics: Q. What is the core of your research?

Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday alleged that the liquor policies introduced by the previous YSRCP regime have caused a loss of Rs 18,860 crore to the state exchequer in the last five years. Releasing a white paper on excise policies in the assembly, the Chief Minister noted that the southern state saw a liquor income gap of Rs 42,762 crore in the past five years when compared to neighbouring Telangana.

budget proposals to facilitate employment and skilling have boosted sentiment but are likely to translate into sizeable numbers only in the medium to long term, rather than triggering any major turnaround in the job market in the near future, said economists and hiring experts.

The partnership with Visa will combine a Visa payment card with Tangem's hardware wallet enabling users to make seamless payments using their crypto or stablecoin balance at Visa-accepting merchant location.Tangem Wallet is a card-shaped cold wallet that allows users to store, buy, earn, transfer, and swap over 6,000 cryptocurrencies and digital assets. Unlike traditional custodial solutions, which depend on third-party entities to handle user funds, Tangem's card embeds a private key within the chip and requires the physical card's use in every transaction.

Under pressure from the disappointment in the Lok Sabha polls, the government got a massive boost for its 2024-25 budget in the form of a windfall dividend transfer by the Reserve Bank of India (RBI). With help from that revenue gain, the Centre chose to focus on cutting the fiscal deficit, and offer some tax relief to boost consumption, but only with a marginal increase in revenue expenditure. Did the budget manage to fire on all cylinders, or did it just showcase policy continuity? Mint breaks it down: After an unexpected loss of majority in the elections, the temptation to deliver a pro-welfare or a populist Budget could have run high for the ruling party.

₹16.13 trillion, compared with ₹16.85 trillion in the interim budget, as the finance minister sought to send a strong signal to the market and rating agencies about the government’s commitment to fiscal prudence. The gap between receipts and spending will partly be financed by market borrowing of ₹11.63 trillion, compared with ₹11.75 trillion projected in the interim budget. In the financial year ended in March, the government had raised ₹11.75 trillion from the market.

tax rate for foreign companies to 35% from 40%, aiming to attract more overseas firms to set up a permanent base in the country and boost foreign inflows. «We want more investment to come into the country that is why it has been brought down,» Sitharaman told reporters after the budget. The government decision will benefit overseas companies looking to open branch offices such as branches of foreign banks and warehouses in India with a permanent establishment tag. It will also help those looking to open project offices for undertaking engineering, procurement, and construction (EPC) contracts. «When the tax rate for domestic companies was cut, the gap between the two had further widened...so it had to be narrowed,» said finance secretary T V Somanathan. The tax cut along with the scrapping of taxation for foreign shipping companies operating cruises in India, and safe harbour rates for foreign mining companies selling raw diamonds is expected to further enhance the country’s attractiveness as a destination for foreign capital.

Bond 26 remains shrouded in secrecy as fans eagerly await news on the next chapter in the James Bond franchise. Currently, no specific release date has been set for the film. The last installment, No Time To Die, premiered on October 8, 2021, and with the development of the new era of 007 still underway, it appears that audiences may need to exercise patience.

₹1.48 trillion allocated for education, employment, and skilling, today’s announcements bode well for the future of our youth, given the government’s emphasis on skill development. The barriers faced by the workforce are immense: Nearly 73% of workers aged 15-59 years did not receive any formal or informal vocational or technical training, according to the Periodic Labour Force Survey 2022-23. With India’s demographic dividend expected to peak around 2041 and the working-age population forecast to shrink, we must seize the current window of opportunity to harness the potential of India’s labour force and fuel economic growth.

SBI Cards and Payment Services Ltd. traded at Rs 717.5 on BSE at 01:34PM (IST) on Tuesday, down 1.4 per cent. The stock quoted a 52-week low price of Rs 649.0 and a high of Rs 892.75. Earlier in the day, the stock saw a gap up opening.

Fiscal Deficit Target: Aiming to reach a fiscal deficit level below 4.5 per cent of the GDP by 2025-26, Finance Minister Nirmala Sitharaman has lowered the fiscal deficit target for 2024-25 to 4.9, well below the 5.1% budget gap pegged in Interim budget for this fiscal year.

Tube Investments of India Ltd. fell 1.54 per cent to Rs 4057.55 at 12:17PM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap down start to the session. As per data available on BSE, total traded quantity on the counter stood at 3,534 shares with a turnover of Rs 1.44 crore till 12:17PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 65.18, while the price-to-book value ratio stood at 14.15.