Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been left unchanged for the 84th day by OMCs on August 17. The most recent price reduction had come in Maharashtra when the state government announced a cut in value-added tax (VAT) on petrol by Rs 5 …
The current account savings account (CASA) ratio of CSB Bank will remain at an average of 30-31% for next one year as the bank will adopt a more diversified liability strategy, says managing director and chief executive officer Pralay Mondal. “When you grow faster than what you have grown in the past, a lot of …
Indian equity markets are likely to open higher on week’s last trading day. Ahead of Friday’s session, SGX Nifty was up with gains, suggesting a positive opening for benchmark indices BSE Sensex, NSE Nifty 50. Global cues were mixed after Dow Jones and S&P 500 closed with losses while the tech-heavy NASDAQ gained in the …
By Ashley Coutinho The steep run-up in the last month-and-a-half has pushed up valuations of Indian equities. After a punishing first half, the Nifty50 rallied 8.7% in July on hopes that the US Federal Reserve would raise rates at a slower clip, paring the year-to-date decline to 1.3%. “The Nifty, at 15,200, was a good …
Reversing a two-session losing streak, the rupee appreciated by 16 paise to close at 79.24 against the US dollar on Friday after the Reserve Bank hiked interest rates by 50 basis points. At the interbank foreign exchange market, the domestic currency opened at 79.15 per dollar and hovered in a range of 78.94 to 79.29.It …
Gold Price Today, Gold Price Outlook, Gold Price Forecast: Gold prices were trading flat to negative in India on Wednesday, as yellow metal trades flat globally. On Multi Commodity Exchange, gold October futures were trading at Rs 51,807 per 10 gram, as against the last close of Rs 51,837. Silver September futures were ruling at …
Reasonable affordability, preference for home-ownership post Covid and low mortgage penetration (11% of GDP) should drive housing demand, Jefferies India said in a note, initiating coverage on select stocks in the sector. The research firm noted that under-penetration should drive 13 per cent CAGR in housing loans, and 17 per cent loan CAGR at smaller …
In the domain of AI and content creation, there has been a rise in concern with regards to the imperative of responsible navigation. Beyond the allure of technology, the crux lies in its consequential impact. This understanding resonates with Meta, which claims to transcend mere rhetoric into tangible action. As per the company, it actively …
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Lucknow: The price of petrol and diesel has been kept steady for the 90th day by OMCs on Friday, 19 August 2022. Petrol price in Delhi today stands at Rs 96.72 a litre as against Rs 105.41 a litre prior to the cut in excise …
Bulls and bears continued to battle it out on Dalal Street on Wednesday only for headline indices to close in the green, extending their up-move to their second day straight. At the end of the day, S&P BSE Sensex added 54 points or 0.9% to settle at 59,085 while the NSE Nifty 50 index jumped …