Gap Financial News

SRF Ltd. traded at Rs 2431.35 on BSE at 10:51AM (IST) on Wednesday, up 0.36 per cent from previous close. The scrip quoted a 52-week low price of Rs 2050.0 and a high of Rs 2636.65.

Not even education can close the pay gap that persists between women and men, according to a recent U.S. Census Bureau report

UBS Group chief executive Sergio Ermotti said catching up with Wall Street giants in the US will take time, as the bank seeks to build its product offering in the world’s largest wealth market.

Muthoot Finance Ltd and Manappuram Finance Ltd are currently in the spotlight with prices of the yellow metal scaling new highs. Domestic gold prices are hovering above the psychological ₹65,000 per 10-gram mark, indicating a robust demand for gold loans. This augurs well for both Muthoot and Manappuram as it could lead to growth in their assets under management (AUM).

With Women’s History Month in full swing, Limra is highlighting the untapped potential of the women consumers in the life insurance industry and providing a number of reasons the life insurance sector should further engage with female consumers to foster industry growth.

It’s not uncommon to see female underrepresentation across sectors in India, including the already underpenetrated insurance sector. Right from nurturers to breadwinners, women not only play diverse roles with ease, but also constitute half of the country’s total population. Despite this, they tend to overlook their own needs and the importance of insuring themselves adequately. Recognising their invaluable contribution to the house – tangible or not – there’s a growing need for women to assume better control over their financial decisions. The stepping stone to achieving this financial freedom is to invest in a robust term insurance policy.

Health insurance serves as a vital safety net, offering financial protection against the ever-present risks of illness and injury. In India, where healthcare costs continue to rise, having adequate health insurance coverage is crucial for safeguarding one’s well-being and financial stability. However, what happens when your existing health insurance policy fails to cover the specific illness or medical condition you may require coverage for?

₹16,600 crore, as telecom firms are likely to bid for airwaves to bolster capacity in certain bands or circles, analysts said. They would also be keen on renewing spectrum where it's expiring, resulting in demand in the 800, 900, 1800 and 2300 MHz bands. Analysts expect Bharti Airtel to lead the spending with purchases worth $0.5-1.5 billion, with limited participation by Vodafone Idea, which has spectrum renewals in just two circles, and Reliance Jio, that may look to add spectrum in some bands.

₹30/kg, whichever is higher," Singh said. “We are requesting a duty cut to protect the small industries in India, and the inverted duty structure needs to be urgently addressed," the AIRIA president said. Explaining the need for restructuring the inverted duty, Singh said, “When we import raw material, the industry must pay more duty.

Mumbai Coastal Road. A 10.5-kilometer-long stretch will be opened for traffic in the first phase, an official earlier said, adding that motorists can enter the coastal road from Worli Seaface, Haji Ali interchange and Amarson's interchange points, and exit at Marine Lines.

CPM leader M Y Tarigami on Monday said he will try to mend the cracks that have emerged among PAGD constituents — the National Conference and the PDP — over seat sharing for the Lok Sabha polls in Kashmir. The PAGD — an amalgam of seven parties, including the NC and the PDP — was formed in the wake of the abrogation of Article 370 of the Constitution by the Centre in August 2109. «The emergence of PAGD was due to a crisis which still exists. There have been differences between the constituents recently which are out in public. I will still try to mend the gaps that have emerged,» Tarigami, who is the spokesperson of the PAGD, told reporters in Srinagar. The People's Alliance for Gupkar Declaration (PAGD) had a seat-sharing arrangement for the District Development Council (DDC) polls held in 2020.

TOI. The window to file nominations will open at 9:30 am and close by 5:00 pm on Friday, March 16.

LTIMindtree Ltd. fell 0.18 per cent to Rs 5111.0 in Monday's session as of 01:19PM (IST) even as the equity benchmark Sensex traded 380.94 points lower at 73738.45. Earlier in the day, the stock witnessed a gap up start to the session. The stock quoted a 52-week high price of Rs 6442.65 and a 52-week low of Rs 4130.3 on NSE. Around 3541 shares changed hands on the counter till 01:19PM (IST).

Page Industries Ltd. rose 0.35 per cent to Rs 35985.3 at 12:48PM hours (IST) on Monday. 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 142 shares with a turnover of Rs 0.51 crore till 12:48PM (IST). The stock traded at a price-to-earnings (P/E) multiple of 74.69, while the price-to-book value ratio stood at 30.86.

Bank of Baroda traded at Rs 281.65 on BSE at 11:31AM (IST) on Monday, down 0.05 per cent. The stock quoted a 52-week low price of Rs 155.65 and a high of Rs 285.5. Earlier in the day, the stock saw a gap up opening.

As younger generations take the reins of wealth from the Silent Generation and baby boomers, a new report from Knight Frank sheds light on the evolving affluent landscape and implications for future investment strategies.

Stocks that traded heavily or had substantial price changes on Friday: DocuSign, Gap rise; Costco, Marvell fall

government could tweak the policy for setting up medical colleges in order to increase the intake of students and address the problem of shortage of doctors in the country, a senior official told ET. The changes being considered include relaxing the norms for setting up medical colleges, enhanced fiscal and infrastructure support, and speedy approvals. Government support will help them become viable at lower fee levels, making medical education more affordable.

Shreyash Devalkar, Head-Equity, Axis MF, says «rather than calling out a segment like PSU versus private versus NBFC, etc, I would like to more focus on which end use or which end segment these lending entities are catering to and the outlook on the credit growth in those segments along with the asset quality.» Incrementally macros appear very stable. RBI Governoe in a special interview to ET Now said that closer to 8% GDP is what they are working for this fiscal. Earnings season is just over. Elections dates would come out by mid-March. Is the market already pricing in the outcome? Shreyash Devalkar: We have always observed that when it comes to big events, like elections, markets tend to move up prior to that and in that context, the movement of the market in the last one month, three months, more importantly, and sixth month if you observe, then yes, it is getting broadly priced in.

India’s fledgling electric vehicle market on expectations that a government push towards ecofriendly mobility and greater consumer awareness will further accelerate sales. Domestic electric passenger vehicle sales have picked up pace, with the number of mass-market models growing threefold to a dozen by seven companies in 2023, from just four models by three manufacturers prior to the pandemic, according to data collated by automotive market research firm Jato Dynamics. Tata Motors dominates the local EV market with its Tiago, Nexon, Tigor and Punch, followed by MG Motor India and Mahindra & Mahindra. China’s BYD, a relatively new entrant, is making strong inroads, surging ahead of even established rivals such as South Korea’s Hyundai and Kia. BYD, the world's number one electric vehicle maker, launched the Seal sedan earlier this week — the third model in its portfolio after the e6 multipurpose vehicle and Atto 3 SUV.

India has more than 820 million active internet users at present. Over half of them — 442 million — now come from rural parts of the country. In 2023, internet penetration grew eight per cent year-on-year. A new report shows that Indians’ internet behaviour and activities are changing in several ways.