Sensex, Nifty recover as energy, IT stocks rise; Reliance up 6%

Indian shares recovered from session lows to end Thursday higher, helped by energy and IT stocks, with a 6% rally in Reliance Industries leading the way. The blue-chip NSE Nifty 50 index ended up 0.7% at 17,536.25, while the benchmark S&P BSE Sensex rose 0.78% to 58,795.09. “A lot of shopping has…

Amazon seeks to pause antitrust review of 2019 deal with India’s Future Group: Report

Amazon.com Inc has asked India’s Supreme Court to pause an expedited review of allegations that the U.S. firm concealed information while seeking antitrust clearance for a 2019 deal with India’s Future Group, legal papers seen by Reuters showed. The Competition Commission of India (CCI) in…

Soaring tomato prices across several states make households bleed

Tomato prices across several states in the country have witnessed a rapid rise over the past few weeks, leading to a higher burden on households that are already dealing with high fuel and gas prices. While prices of other staple vegetables such as potato and onions have also increased, the rise in tomato prices is…

Gautam Adani’s net worth within touching distance of Mukesh Ambani

Leading industrialist Gautam Adani could soon become Asia’s richest man as his net worth is within touching distance of Mukesh Ambani. On Thursday, Adani’s net worth stood at $89.1 billion on the Bloomberg Billionaires Index, just 0.6 billion less than Reliance Industries Limited (RIL) chairman Mukesh Ambani’s…

Cryptocurrency prices today: Bitcoin, Ether rise slightly after falling; altcoins struggle

The cryptocurrency market has witnessed mixed trends over the past 24 hours as smaller virtual coins lost momentum while Bitcoin (BTC) and Ether (ETH) gained slightly. Bitcoin, the world’s most popular cryptocurrency, was trading at $57,256 or 1.20 per cent higher than its price 24 hours ago. Bitcoin’s market…

Sensex, Nifty flat as banks counter gains in energy, tech

Indian shares were subdued in volatile trading on Thursday, as technology and energy sectors offset losses in banking stocks, while heavyweight Reliance Industries jumped more than 1% after a sharp fall in the previous session. The blue-chip NSE Nifty 50 index was up 0.12% at 17,436 by 9:19 am, while the benchmark…

Gold, Silver prices today: Precious metals record hike on MCX for second time in a row| Check latest rates here

On November 25, 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 103 or 0.22 per cent, gold futures, maturing on December 3, 2021, are trading at Rs 47,545 per 10 grams on the MCX. Meanwhile, recording a marginal hike of Rs 240…

Petrol, Diesel prices today: No revision in fuel rates on November 25| Check latest rates here

There has been no change in prices of petrol and diesel on Thursday, November 25, 2021. Notably, it has been over 3 weeks since Diwali that the fuel rates have been kept unchanged by the state-run oil marketing companies (OMCs). Petrol and diesel prices across key cities were last revised on November 4 when the central…

Paytm shares recover for 2 straight sessions, rise over 16%

Shares of One97 Communications, Paytm’s parent firm, recovered sharply for the second straight session after falling sharply for the first two days. Paytm shares were trading nearly 16 per cent higher on the Bombay Stock Exchange (BSE) at above Rs 1,700 apiece at 12:50 pm. On the NSE, too, the shares of the leading…

SBI wants customers to link PAN with Aadhaar for seamless banking services| Check details

To avoid any inconvenience and continue enjoying seamless banking services, the State Bank of India (SBI) has urged its customers to link their permanent account number (PAN) with an Aadhaar number. SBI, India’s largest commercial lender, also gave a stern warning to its accountholders that if the two documents…