Gold rises Rs 100; silver rallies Rs 870 amid strong global cues

Gold rises Rs 100; silver rallies Rs 870 amid strong global cues

Tuesday, 09 July 2024 | PTI | New Delhi

Gold prices rose Rs 100 to Rs 73,410 per 10 grams in the national capital on Monday in line with strong global trend, according to HDFC Securities. The precious metal closed at Rs 73,310 per 10 grams in the previous session. Silver prices also rallied Rs 870 to Rs 94,270 per kg....

Markets settle on flat note in muted trade

Tuesday, 09 July 2024 | PTI | Mumbai

Stock market benchmark indices Sensex and Nifty ended flat on Monday in a lacklusture trade as investors opted to book profits after the recent record rally in equities. Weak cues from Asian markets also added to the muted trend in domestic equities. After beginning the trade on a weak note, the...

Time to push disinvestment of public sector banks: SBI report

Tuesday, 09 July 2024 | PTI | New Delhi

The government should go ahead with disinvestment of public sector banks (PSBs) as they are in good condition, SBI said in its research report on Monday. The report also pitched for the consolidation of existing government-owned banks. “As banks are in good condition, the government should take stance on disinvestment of...

Employment in 27 sectors rises 3.31 pc in 2022-23: RBI data

Employment in 27 sectors rises 3.31 pc in 2022-23: RBI data

Monday, 08 July 2024 | PTI | Mumbai

The number of persons employed in 27 sectors, including agriculture, trade and financial services, increased by 3.31 per cent year-on-year to 59.66 crore in 2022-23, according to data published by the RBI on Monday. During 2021-22, the employment in these 27 sectors stood at 57.75 crore. The Reserve Bank of India (RBI)...

Tata Consumer Products to accelerate growth of core businesses

Tata Consumer Products to accelerate growth of core businesses

Monday, 08 July 2024 | PTI | Kolkata

Leading FMCG company Tata Consumer Products Limited (TCPL) will continue to invest in its brands and accelerate the growth momentum of the core businesses, tea, coffee and salt, the company's annual report said. In the annual report for 2023-24, TCPL said that to strengthen and accelerate core businesses, contribution of modern...

Markets decline in early trade

Markets decline in early trade

Monday, 08 July 2024 | PTI | Mumbai

Equity benchmark indices declined in early trade on Monday as investors opted to book profits after the recent record rally in equities. Mixed cues from Asian markets also added to the muted trend in domestic equities. After beginning the trade on a weak note, the 30-share BSE Sensex further declined 204.39 points...

7 proposals on table for Sebi expert group for short-term measures to tame F&O frenzy

7 proposals on table for Sebi expert group for short-term measures to tame F&O frenzy

Monday, 08 July 2024 | PTI | Kolkata

The Sebi-appointed expert group on exchange-traded derivatives started discussions on seven proposals to address regulatory issues and protect small investors from risks in index and stock option trading, sources said. The panel members would recommend short-term strategies to bolster investor protection and improve risk metrics in this market segment, they said. “The...

Proposals invited on Quantum Standardisation, Testing Labs

Monday, 08 July 2024 | PTI | New Delhi

The Department of Telecom has invited research proposals on ‘Quantum Standardisation and Testing Labs’ from Indian academic institutions or research and development institutions, an official release said on Sunday. The goal is to drive research and development in quantum technologies, ensuring the interoperability, reliability, and security of quantum communication systems. These labs...

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LOBSTER LOVE

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