Petrol and diesel prices remained unchanged across India on July 6, with public sector oil marketing companies keeping retail fuel rates stable in metro cities and several state capitals. The daily price revision mechanism remained in place, but no c
The Centre and leading automobile manufacturers have defended the mandatory rollout of E20 petrol, stating that testing and service records do not support claims that the fuel causes widespread engine damage or operational issues in existing vehicles
India’s automobile retail sales posted strong growth in June, with passenger vehicle sales rising 28.6 year-on-year and alternative-fuel models accounting for a record share of total car registrations, according to data released by the Federation
Indian government bond yields opened marginally lower on Monday, with the benchmark 10-year paper slipping by around 1 basis point as sustained foreign inflows continued to support the debt market. Trading activity remained subdued in early deals as
Several stocks are expected to remain in focus on Monday after companies released quarterly business updates and operational data after Friday’s market close. Banking stocks are likely to attract attention following healthy growth in deposits and a
A number of shares caught the investors' fancy on Monday as these showed strong price movement supported by positive technical signals. The following were among the gainers whose stock prices were trading above their moving averages. Invest in
The activity in the primary market will continue with four initial public offerings (IPOs) that will be available for subscription and 10 companies that will be listed in the stock exchanges. While the number of new public issues is lower than last w
Fintech unicorn Moneyview has secured the Securities and Exchange Board of India’s (SEBI) approval to move ahead with its proposed initial public offering (IPO). The market regulator issued its final observation letter on June 29, enabling the comp
The Central government is expected to unveil a revamped Gold Monetisation Scheme (GMS) within the next two weeks, according to sources familiar with the matter. The proposed framework is aimed at mobilising more than 1,000 tonnes of idle household go
Growth in India’s services sector slowed in June, as the HSBC India Services Purchasing Managers’ Index (PMI) Business Activity Index dipped to 57.4 from 59.8 in May, on the back of weakening domestic demand and slowing growth in new business ord
CG Power share price, Hitachi Energy share price and several other power equipment stocks declined sharply on Friday after the Centre granted limited permission to four Chinese-linked manufacturers operating factories in India to bid for government c
Around 25 of the Nifty 50 constituents have delivered negative to low single-digit compounded annual growth rate (CAGR) returns over the past five years, significantly underperforming the benchmark index. A review of the index’s performance shows
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