Explained: Why Tata Motors shares jumped more than 10% today

Shares of Tata Motors jumped sharply during Thursday’s intra-day market session as analysts remain upbeat about the company’s future business and growth outlook. Tata Motors stock rallied over 10 per cent on the Bombay Stock Exchange (BSE) on Thursday and hit a three-year high of Rs 369.60. On the National Stock…

Forbes list of 100 richest Indians sees 50% wealth rise, Mukesh Ambani retains top spot

The fortunes of India’s richest have witnessed a 50 per cent rise during the Covid-19 pandemic, according to the Forbes list of 100 richest Indians in 2021. A soaring stock market, high levels of liquidity and demand for new-age digital services helped India’s wealthy cash in during the pandemic, evens as millions…

Petrol, diesel rates hiked sharply for 3rd straight day. Check latest prices

Fuel prices were hiked sharply on Thursday despite a drop in international crude oil prices. State-run oil marketing companies have hiked petrol and diesel prices by 30 paise and 35 paise respectively. At the moment, both petrol and diesel are retailing at record high prices across the country. Petrol is retailing at…

Sensex, Nifty gain as investors bet on demand recovery during festive season

Indian shares surged early on Thursday, driven by a near 10% gain in Titan Company after it indicated a strong recovery in demand in the second quarter, while Reliance Industries rose after its retail arm said it would launch 7-Eleven stores in India. The NSE Nifty 50 index rose 0.97% to 17,818.40, while the S&P…

Gold, Silver Prices Today: Yellow metal records dip, silver trading higher on MCX| Check latest prices here

Today, while gold is trading on the lower side of the Multi Commodity Exchange (MCX), silver has recorded a marginal hike. Witnessing a downfall of Rs 63 or 0.13 per cent, gold futures, maturing on December 3, 2021, are trading at Rs 46,851 per 10 grams on the MCX. Meanwhile, recording a hike of Rs 19 or 0.03 per cent,…

Reliance to bring 7-Eleven stores to India

Reliance Retail Ventures Limited (RRVL) on Thursday announced that it has entered into a master franchise agreement with 7-Eleven Inc (SEI) for the launch of 7-Eleven convenience stores in India. It added that the first 7-Eleven store is set to open on Saturday, October 9, 2021, in Andheri East, Mumbai. The retail…

Explained: How to keep your cryptocurrency investments safe

It is no secret that the cryptocurrency market is flooded with newbies that are flocking en masse to make some money off it. They invest in all sorts of crypto-coins and Initial Coin Offerings (ICOs), making the market accessible to all and in extension, become truly peer-to-peer. Anybody with an internet connection,…

Cryptocurrency prices today: Bitcoin crosses $50,000 after sharp rally, Ether up nearly 3%

Cryptocurrency prices rose sharply on Wednesday after rebounding for the past couple of days, indicating that the virtual coin market is gradually gaining momentum. Bitcoin, the world’s largest cryptocurrency, hit a four-week high earlier in the day and was trading at $51,418.29 at 12:50 pm, up over 3.65 per cent…

Domestic LPG cylinder rates hiked by Rs 15. Check prices in major cities

The price of domestic liquefied petroleum gas (LPG) cylinders has been hiked by Rs 15. After the hike, a non-subsidised 14.2-kilogram cooking gas cylinder will cost Rs 899.50 in Delhi. LPG cylinder rates have increased by an equal amount in other parts of the country State-run oil companies have increased cooking…

Sensex, Nifty open higher as energy stocks gain; ONGC rises

Indian shares extended gains to a third session early on Wednesday, with energy stocks leading a broad-based advance, and Oil and Natural Gas Corp surged as oil prices peaked to multi-year highs. The NSE Nifty 50 index rose 0.27% to 17,868.70, while the S&P BSE Sensex was up 0.23% at 59,885.39 by 9:30 am.…