On December 1, while gold was trading on the lower side of the Multi Commodity Exchange (MCX), silver recorded a marginal hike. Witnessing a dip of Rs 65 or 0.14 per cent, gold futures, maturing on February 4, 2022, are trading at Rs 47,799 per 10 grams on the MCX. Meanwhile, recording a marginal hike of Rs 63 or 0.10…
Finance Minister Nirmala Sitharaman shared a crucial update about the government’s new cryptocurrency bill on Tuesday. Speaking in Parliament, the finance minister said the government will be coming up with a completely reworked bill on cryptocurrencies once it gets cabinet clearance, adding that the previous bill…
The initial public offering (IPO) of Rakesh Jhunjhunwala-backed Star Health and Allied Insurance Company opened for subscription on Tuesday. Investors will be able to bid for the public offering till December 2. The company said yesterday that it has raised a little more than Rs 3,217 crore from anchor investors ahead…
Most cryptocurrencies dipped over the past 24 hours as the world’s most popular cryptocurrency, Bitcoin, slumped over 3 per cent after inching closer to $59,000. Bitcoin was trading at $56,499 or 1.73 per cent lower than its price 24 hours ago at 12:25 pm. The popular cryptocurrency’s market capitalisation fell to…
Shares of Go Fashion Limited made a stellar debut on Dalal Street on Tuesday, listing at a premium of 90 per cent compared to the IPO issue price. The shares of the firm, which operates the leading women’s bottom-wear brand Go Colors, debuted at Rs 1,316 on the Bombay Stock Exchange (BSE). This means the price of…
The Reserve Bank of India (RBI) on Monday said it has imposed a penalty of Rs 1 crore on Union Bank of India for deficiencies in regulatory compliance. The penalty was imposed by an order dated November 25 for non-compliance with the certain provisions of directions issued by the RBI contained in “Reserve Bank of…
There has been no change in the prices of petrol and diesel across the country on Tuesday, November 30, 2021. The state-run oil marketing companies (OMCs) have maintained stability in domestic fuel prices as global crude oil rates continue to fall in the international market. According to the Indian Oil Corporation,…
Indian shares rose marginally on Tuesday ahead of growth data that is expected to show the country’s economic recovery strengthened in the second quarter, buoyed by a pick-up in consumer spending. The blue-chip NSE Nifty 50 index was up 0.75% at 17,180.70 by 9:23 am, while the benchmark S&P BSE Sensex rose…
On November 30, gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX), for the second time in a row. Witnessing a hike of Rs 177 or 037 per cent, gold futures, maturing on December 3, 2021, are trading at Rs 47,570 per 10 grams on the MCX. Meanwhile, recording a marginal hike of Rs 158 or…
India’s economy witnessed a sharp recovery after the second Covid-19 wave battered growth earlier in the year. Official GDP data to be released later in the day is expected to show that growth remained steady during the second quarter of the ongoing financial year. In the first quarter of FY22, the country’s GDP…