LPG price increase: Commercial LPG cylinder prices were raised by ₹100 by Oil Marketing Companies (OMCs) at different locations across the nation. It should be emphasized that this is the second increase in prices for commercial LPG cylinders in the previous two months. Starting on November 1, the increase will be implemented. While the price…
Bajaj Auto announced on November 1 that its total sales increased by 19 percent year on year (YoY) to 471,188 units in October of this year. In October 2022, the company had dispatched 395,238 units. Year-to-date (YTD) domestic unit sales increased by 25% to 1,608,730 units sold in the April-October 2023 period, compared to 1,290,128…
Currency News: As of 11:08 a.m. IST, the rupee was slightly weaker than it was in the previous session, trading at 83.27 against the US dollar. As traders predicted, the Reserve Bank of India’s defense of the rupee will eventually become unsustainable, and the currency is likely to break out of rangebound trade. Despite ongoing…
Sensex Today: The early trade on Wednesday saw a decline in equity benchmark indices as a result of continued outflows of foreign funds and weakness in banking, financial, and metals stocks. Ahead of the US Federal Reserve’s interest rate announcement, traders reported that investors favored staying out of the market. The biggest laggards amongst the…
Adani Total Gas obtained gas from IGX, and bilateral trades were completed. According to YES Securities, Adani Total Gas took advantage of falling LNG prices as well. Adani Total Gas Ltd shares fell nearly 1% in Wednesday trade after the Company group firm reported an 8% increase in consolidated profit to Rs 173 crore in…
Driven by its strong Q2FY24 performance, non-banking financial company (NBFC) Shriram Finance saw a notable 12.9% increase in its stock price, reaching a new all-time high of ₹2,029.7 per share during Friday’s trading session. The NBFC reported a consolidated net profit of ₹1,792 crore in its quarterly report, which was made public on Thursday. This…
ACCOUNT FOR PROFIT AND LOSS – ICICI Bank To be completed by March 31, 2023. Schedule Year ended31.03.2023 Year ended31.03.2022 I. INCOME Interest earned 13 1,092,313,380 863,745,452 Other income 14 198,314,479 185,175,299 TOTAL INCOME 1,290,627,859 1,048,920,751 II. EXPENDITURE Interest expended 15 471,027,360 389,084,507 Operating…
Nifty 50 and Sensex – Tuesday’s opening of the Indian stock market is predicted to be flat, following mostly positive global cues. The Indian benchmark index has had a mediocre start, according to Gift Nifty’s trends. Compared to the Nifty futures’ previous close of 19,234, the Gift Nifty was trading at about 19,220. The benchmark…
In the first hour of trading on Tuesday morning, November crude oil futures were trading at ₹6891 on MCX, up from the previous close of ₹6880. Tuesday morning saw a rise in the price of crude oil futures as market participants kept an eye on the geopolitical unrest in the Middle East. On Monday, the…
Nita has been pushed by her banker to use her gold assets, which are passive. The banker advised her to borrow money against her gold coins, jewelry, and other possessions and use it to invest in equity markets. The banker claims that doing this will increase her wealth and bring life to her passive assets….
