India’s exports have dropped marginally by 0.25 per cent to $27.67 billion in February as imports rose nearly 7 per cent to $40.55 billion, provisional data from the Ministry of Commerce and Industry shows. This means that the trade deficit has widened to nearly $13 billion in the month gone by compared to $10.16 billion …
Retail petrol and diesel prices have touched record highs over the past few days. On March 3, petrol price for a litre was unchanged for the fourth day in a row at Rs 97.57 in Mumbai, Rs 91.17 in Delhi, Rs 93.11 in Chennai and Rs 91.35 in Kolkata. Diesel prices too have been left …
A year after the first lockdown was imposed in India, the country has seen a rise in the number of cases yet again, indicating that this is the dreaded second wave of Covid-19 infections. On Wednesday, India registered 47,262 Covid-19 cases and 275 fatalities, taking the tally of infections to 11,734,058 and the death toll. …
NIIT share price rallied 19.98 percent to gain Rs 27.55 and closed on Rs 165.45 ahead of the buyback news. The company announced its plans to buy back shares from existing shareholders, beginning on April 12. In a letter submitted to the BSE, NIIT mentioned that it had received all necessary approvals from the market …
NIIT’s Board of Directors had approved the company’s buyback plan. Investors can surrender their current holding of NIIT shares for a price of Rs 240, offered at a premium to the current market price. The decision was taken on December 24, and the skill and talent development company has received all required approvals from SEBI …
It’s 1-0 in the battle between Telegram vs WhatsApp. Recently the massaging giant, WhatsApp revised its Terms of Use policy which raised concern among different segments of the population. But much before the recent controversy, several brokerage and advisory firms have shifted to Telegram because of its wider customer reach and better admin control. In …
For a considerable part of 2020, gold price kept soaring. In the domestic market, the gold price even crossed Rs 50,000 marks for 10 grams of gold for the first time. However, for the last few trading sessions, both gold and silver futures prices dipped significantly following global cue as dollar strengthens and economies showing …
The last IPO of 2020 that made a market debut on January 1, 2021, traded 29 percent higher on its listing date. Anthony Waste Cell’s initial public offering was the last of 2020, was opened for subscription from December 21-23. Antony Waste Handling Cell, the second-largest solid waste management company in the country, hit the …
At the beginning of February 2021 itself, India set a record for crossing the 60 lakh figure for the Covid-19 vaccine administration in 24 days, the fastest in the world. Although 9,110 new Covid cases have been reported in recent days, the number was lower than that of recoveries (14,016). This amounted to the total number …
Growth forecasts are when financial tools are used to assess the economic conditions and future of a country. Growth forecasting is carried out by a variety of organizations on a professional level. However, within the last 60 years, public and private institutions across the world have developed a wealth of analytic tools to analyze the world’s …
