Solid Outing on Thursday: We took a step toward yet another mistake-free trading week with our list of potential plays in yesterday’s premarket report, wherein we hashed out four possibilities that all returned solid performances. We’ll give it our best shot today at closing out the week without a hitch. Yesterday’s movers were the NVDA Weekly…
Gold is still at record highs. And the gold stocks are doing well for the most part, keeping up with the move in the gold price, but aren’t providing much “leverage” to the rising price for our favorite shiny, yellow metal at this point — this is the chart so far this year for a…
The Subam Papers IPO is a book-built issue of Rs 93.70 crores, comprising entirely of a fresh issue of 61.65 lakh shares. Subscription for the Subam Papers IPO commences on September 30, 2024, and concludes on October 3, 2024. The finalisation of allotment for the Subam Papers IPO is anticipated to take place on Friday,…
September 27, 2024September 27, 2024 Brent crude approached the USD 71 per barrel mark and is down by more than 4% for the week, while West Texas Intermediate is trading above USD 67. According to the Financial Times, reports on Thursday indicated Saudi Arabia’s commitment to higher production. Oil…
September 27, 2024September 27, 2024 The Indian government, in coordination with the Reserve Bank of India (RBI), revealed its intention on Thursday (September 26) to secure Rs 6.61 lakh crore in the second half (H2) of the financial year (FY) 2024-25. This amount, which aligns with expectations, accounts for…
September 27, 2024September 27, 2024 On Thursday, September 26, Prime Minister Narendra Modi unveiled three PARAM Rudra supercomputers. These supercomputers, created domestically as part of the National Supercomputing Mission, signify a significant advancement in the country’s weather and climate research capabilities. Speaking via video conference to scientists and others,…
Some off beat reads for the weekend: The new Lords of Bihar (Open) The Meiteis in Manipur (Organiser) India’s strategic ballet on global stage (StratNews) Normalising India-China relations (Print) Tensions in the Taiwan Strait (Crisis Group) All eyes on Iran’s balancing act (Arab News) New IMF package for Pakistan (Friday Times) The final countdown in…
September 27, 2024September 27, 2024 Trinidad & Tobago has taken a pioneering step as the first Caribbean nation to partner with India in creating a real-time payment platform utilising India’s Unified Payments Interface (UPI). This initiative positions the country alongside global leaders such as France, the UAE, and Singapore,…
September 27, 2024September 27, 2024 The minimum wage rates were last adjusted in April 2024. The Ministry of Labour & Employment stated that the upcoming revision aims to support further workers in unorganised sectors such as building construction, loading and unloading, housekeeping, and agriculture in central establishments. In a…
September 27, 2024September 27, 2024 Shares of SJVN Ltd. rallied 6% to reach a day’s high of Rs 134.65 on 27th September, after the company announced it had signed two agreements with the Maharashtra government. SJVN signed Memorandums of Understanding (MoUs) with the Maharashtra government to develop pumped storage…