The collaboration intends to use solar technologies to create a variety of energy solutions, boosting both on- and off-grid capabilities. Tata Power Renewable Energy (TPREL) has teamed up with Nepalese firm Dugar Power to help Nepal’s renewable energy ambitions. TPREL’s strategic foray into Nepal’s developing renewable energy sector aims to speed Nepal’s transition to sustainable…
The deadline of September 30, 2023, for amending mutual fund (MF) investment nominations is rapidly approaching. However, a sizable portion of investors have not yet finished this important work. A startling 25 lakh Permanent Account Number (PAN) users haven’t changed their nomination information, according to a Moneycontrol investigation. The fact that many of these PAN…
As foreign investors continued to leave the country amid ongoing economic worries, Chinese equities resumed their dismal trend on Thursday, putting a key measure on track for its lowest closing since November. – China stocks As much as 1.5% was lost by the MSCI China Index, continuing what is expected to be a third straight…
The corporation is in conversations and negotiations with labor union officials in order to resolve their concerns and reach an equitable arrangement for the renewal of a long-term settlement agreement. – Apollo Tyres Apollo Tyres Limited shares fell more than 2% to Rs 369 in early trade on September 21 after the firm announced a…
The whole of Asia’s stock markets dipped as traders anticipated the U.S. Federal Reserve’s rate decision on Wednesday domestically while China kept its one-year and five-year lending prime rates constant. The prime rates for China’s one-year and five-year loans were maintained at 3.45% and 4.2%, respectively. Japan released its August trade data to the region,…
Analysts predict that significant non-banking finance firms (NBFC stocks) in India would reform in response to new bank-like requirements and as they transition from being monoline and specialty lenders to multiproduct, diversified lenders. Shadow lenders have emerged as a significant player in the Indian credit environment, accounting for 25% and 21% of total and retail…
This is a progress report on my 19th-June 2008-started mutual fund investing journey. I’ve gone from being a spendthrift to being in debt to being financially independent over the past three decades – mutual funds. I want to be clear that this is just a personal accomplishment and not some monumental occasion. I am familiar…
In an effort to combat inflation that is still persistently over its long-term target of 2%, the Fed has rapidly hiked interest rates over the last 18 months to a level not seen in 22 years – US stocks. As Wall Street traders were ready for the Federal Reserve’s impending interest rate decision, US markets…
Global markets – At $2.73 per 1,000 cubic feet for October delivery, natural gas prices increased by 9 cents. Bullion At $1,953.40 per ounce, gold for December delivery increased $7.20. At $23.50 per ounce, silver for December delivery increased by 11 cents. Prior to the Federal Reserve’s expected announcement on key interest rates on Wednesday,…
Global Market Updates: The US stock market saw a dramatic correction on Friday, with all three major benchmark indices, the Nasdaq, Dow Jones, and S&P 500, falling significantly. The Dow Jones Index fell 0.83 percent, the S&P 500 fell 1.22 percent, and the Nasdaq Composite fell 1.56 percent. The S&P 500 and Nasdaq reversed their…
