SUN Financial News

Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 4.89%), Krishana Phoschem Ltd.(up 3.72%), The Fertilisers and Chemicals Travancore Ltd.(up 2.06%), Southern Petrochemicals Industries Corporation Ltd.(up 1.56%), Chambal Fertilisers & Chemicals Ltd.(up 0.73%), Nagarjuna Fertilizers and Chemicals Ltd.(up 0.49%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 0.46%), Rama Phosphates Ltd.(up 0.35%), Paradeep Phosphates Ltd.(up 0.35%) and Rashtriya Chemicals & Fertilizers Ltd.(up 0.15%) were among the top gainers.

₹250-per-month micro-SIP, chairperson Madhabi Puri Buch said. It would add another rung in India’s financial inclusion ladder. Mint explains what micro-SIPs are and what the industry thinks of them.

solar eclipse in the ancient Hindu text, the Rig Veda, dating back approximately 6,000 years. This discovery marks the oldest known mention of an eclipse.

Pacific Ocean, southern Chile, and southern Argentina. The event, occurring on October 2, will feature the moon creating a "ring of fire" as it partially covers the sun.

imports of goods such as umbrellas, toys, certain fabrics, and musical instruments are severely hurting MSMEs as many of these products are also made by domestic businesses, according to think tank GTRI. The report said that during January to June 2024, India exported goods worth only USD 8.5 billion, while imports stood at USD 50.4 billion, resulting in a trade deficit of USD 41.9 billion. This low export and high import makes China India's largest trade deficit partner. «China accounts for 29.8 per cent of India's industrial goods imports. India must invest in deep manufacturing to cut dependence on import of critical industrial products from China,» Global Trade Research Initiative (GTRI) Founder Ajay Srivastava said.

Rajinikanth’s ‘Coolie’ is one of the most anticipated films in Tamil cinema. It looks like the magnum opus will have a spectacular ensemble cast! According to reports, many bigwigs, such as Telegu icon Nagarjuna, and actress Shruti Hassan, will be associated with the project. On Nagarjuna's 69th birthday, the filmmakers revealed his official poster from the movie, introducing his character with the message, «Kicked to have King Nagarjuna Sir joining the cast of Coolie as Simon. Welcome on board and wishing you a very happy birthday Sir.» Director Lokesh Kanagaraj also shared a poster featuring Shruti Haasan, announcing on X (formerly Twitter), «Kicked to have Shruti Haasan joining the cast of Coolie as Preethi. Welcome on board.» Prior to that, Lokesh Kanagaraj welcomed Soubin Shahir to the team, announcing on X, «Thrilled to have Soubin Shahir Sir join the cast of Coolie as Dayal. Welcome aboard, Sir.»

The far-right Alternative for Germany could become the strongest party for the first time in two state elections Sunday in eastern Germany

Aro Granite Industries Ltd.(up 0.80%) stood among the top gainers.

Dalmia Bharat Sugar and Industries Ltd.(up 5.69%), Magadh Sugar & Energy Ltd.(up 5.53%), KCP Sugar & Industries Corporation Ltd.(up 5.00%), Simbhaoli Sugars Ltd.(up 4.09%), Balrampur Chini Mills Ltd.(up 3.14%), Avadh Sugar & Energy Ltd.(up 2.77%), Shree Renuka Sugars Ltd.(up 2.40%), Mawana Sugars Ltd.(up 2.22%), Vishwaraj Sugar Industries Ltd.(up 2.04%) and Bajaj Hindusthan Sugar Ltd.(up 1.31%) stood among the top gainers.

Nifty opened slightly higher on Wednesday, driven by gains in auto and energy stocks. The BSE Sensex was up 89 points, or 0.11%, at 81,799, while the Nifty50 rose 19 points, or 0.08%, to 25,036—just 42 points shy of its all-time high—around 9:22 am.

Premier Energies, a manufacturer of solar cells and modules, aims to raise ₹2,830 crore through an initial public offering (IPO) that is set to open on August 27. Of this, ₹1,291 crore will be generated from a fresh issue of shares, which will be used for capacity expansion. The remaining will come from an offer for sale by the promoter and private equity investors. After the proposed IPO, the promoter's stake in the Hyderabad-based company will decrease to 66% from 72%. The company's earnings are expected to benefit from the government's push to increase the share of renewable energy in the installed energy capacity, which is projected to reach 500 GW by 2030 from 172 GW now. A significant contribution is anticipated from solar power. India's installed solar capacity has grown nearly fourfold in the last six years and is expected to reach nearly 200 GW by FY28.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Federal Reserve chair Jerome Powell on Friday gave the clearest indication yet that the central bank is likely to start cutting interest rates, which are currently at their highest level in two decades.

Domestic benchmark index NSE Nifty ended 11.66 points up at 24823.15, while the BSE Sensex closed 33.02 points up at 81086.21.

The NSE Nifty index ended the session 11.66 points up at 24823.15, while BSE Sensex rose 33.02 points to 81086.21.

pharmacy of the world," its pharmaceutical giants are not just keeping pace—they're setting the pace. With the industry projected to leap from a value of $40 billion in 2021 to $130 billion by 2030, the stage is set for unprecedented growth. But as these companies scale new heights, they must also navigate a complex landscape of regulatory hurdles, global competition, and supply chain risks.

Benchmark NSE Nifty closed 11.66 points up at 24823.15 amid buying in frontline bluechip counters.

corporate bond funds in August 2024. These schemes invest at least 80% of their corpus in the papers of the highest-rated companies. This makes them relatively safer than other debt schemes such as credit risk funds. They are also safer than gilt funds and long term debt funds that are highly sensitive to interest rate changes in the economy. You should pay attention to these two factors: safety and interest rates. Safety became a crucial factor for debt fund investors after a series of defaults and downgrades in the debt space almost three years ago. The shutting down of six schemes by Franklin Templeton Mutual Fund shook conservative investors in debt schemes. Though the environment is different now, you should still proceed cautiously.

The BSE Sensex was trading 42 points, or 0.05%, lower at 81,009. The Nifty50 was down 7 points, or 0.03%, trading at 24,803 around 9:19 am.

health risks in the biggest crackdown since 2016 when 344 FDCs were prohibited. FDCs are medicines that combine two or more drugs into a single dosage. The union health and family welfare ministry on Thursday issued a gazette notification, prohibiting manufacture, sale and distribution of these medicines based on the recommendation of an expert panel that evaluated 324 FDCs. «The review of these FDCs started in 2019 and then Covid happened. The companies were heard and, thereafter, the committee gave its report at the end of 2021, recommending banning 156 FDCs,» a member of the panel said on condition of anonymity. «This is the largest FDC ban since 2016,» he added.

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