HIGHLIGHTS Gold is trading at Rs 46,100 per 10 grams, recording a marginal dip. Silver futures stand at Rs 61,168 per kg, witnessing a hike of Rs 162. Globally, spot gold was flat at $1,754.86 per ounce, today. On Friday, the prices of both gold and silver changed on the Multi Commodity Exchange (MCX). Recording a…
Indian shares scaled record highs on Friday and were set to post a weekly gain of more than 1%, as banking stocks jumped a day after the country’s finance minister laid out details for the establishment of a bad bank. The blue-chip NSE Nifty 50 index rose 0.52% to 17,721.0 by 9:27 am, having hit a record of…
There could be bad news for individuals who frequently order from online food delivery platforms like Zomato and Swiggy. Food delivery services offered by app-based e-commerce operators (ECOs) may soon attract Goods and Services Tax (GST). At the upcoming GST Council meeting to be held on September 17, one of the…
The government has initiated the process of financial bids for the debt-laden national carrier Air India (AI) on Wednesday as Aviation Minister Jyotiraditya Scindia made it clear that September 15 date for the process is fixed and will not change. After failing to find any buyer for a 76 per cent stake in Air India in…
HIGHLIGHTS Gold is at Rs 47,185 per 10 grams on the MCX today. Silver stands at Rs 63,398 per kg with a downfall of 0.26 per cent. Globally, gold was steady above $1,800 on Wednesday. Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) today. Observing a marginal dip of 0.07 per…
Indian shares edged higher on Wednesday, boosted by gains in some energy stocks, while automobile and telecom companies jumped after local media reported that the government was considering incentives and financial relief for the sectors. The blue-chip NSE Nifty 50 index was 0.19% higher at 17,412.60 by 9:25 am, and…
The cryptocurrency market witnessed a rebound on Tuesday even as remains on the higher side. Most cryptocurrencies have rebounded supported by higher trading volumes. Bitcoin, the world’s largest cryptocurrency, was trading at Rs 45,813.65 or 3.09 per cent higher compared to its value 24 hours ago at 2 pm.…
HIGHLIGHTS CBDT has recently extended the deadline for ITR filing to December 31 for the year 2021-22. Taxpayers who file their own return should be aware how incomes from other sources have to be reported in the ITR. The provision for disclosure of assets is applicable for the tax payers whose taxable income exceeds…
Zomato co-founder and Chief Operating Officer (COO) Gaurav Gupta quit the company days after the company announced that it would exit the e-grocery business. Shares of Zomato fell as much as 1 per cent soon after Guarav Gupta’s exit from the company was confirmed. Sources quoted in a moneycontrol.com…
Shares of Surat-based speciality chemicals manufacturer Ami Organics made a strong debut on the stock market on Tuesday after its initial public offering (IPO) received a good response. The stock got listed at Rs 910 on the National Stock Exchange (NSE) at a premium of over 49 per cent above its issue price of Rs 610.…