Rama Phosphates Ltd, Dolly Khanna-owned stock, opened its trading hour today at Rs 192.30 and currently trades at Rs 224.75 showcasing a gain of around 17 percent. The scrip has witnessed an upside of about 28 percent in a period of just 5 days. According to the data available as on December 2022, the ace [...]
Bharti Airtel Ltd stock started its trading session at Rs 762.60 and currently trades at Rs 765.70. The scrip is flat gaining around 0.30 percent as compared to the previous closing price of Rs 763.45. In January 2020, the company issued USD 1,000 million 1.50% Convertible Bonds (FCCB) due in 2025. The Bonds are convertible [...]
The growth in world trade is expected to grow by a meagre 1.7 per cent in 2023 due to global uncertainties, the World Trade Organisation (WTO) said on Wednesday. The 1.7 per cent forecast is up from the previous estimate of 1 per cent last October. For 2024, the WTO in its forecast said, the [...]
High dividend-paying stocks can emerge as a good bet amid volatile markets. This is particularly true in times of high-interest rates and weak global trends. Dividends are part of a company’s profits that are distributed to shareholders. Generally, companies that pay high dividends are financially healthy. Here are two high dividend yield stocks to buy [...]
Avalon Technologies' initial share sale received a lukewarm response from investors, with the offer getting subscribed 9 per cent on the second day of subscription on Wednesday. The Initial Public Offering (IPO) received bids for 10.77 lakh equity shares against 1.14 crore shares on offer, according to the data available with the National Stock Exchange [...]
Open source design of computer chipsets RISC-V is becoming a global movement with India as a leading player, Minister of State for Electronics and IT Rajeev Chandrasekhar said here on Wednesday. While speaking at RISC-V Technology Conference organised by Tenstorrent, the minister said Indian startups using RISC-V have tremendous opportunities for developing products, devices and [...]
On the back of a record 26-28 per cent volume growth in FY23, the air conditioner market is set to log in another healthy year with 15-20 per cent sales growth this fiscal, according to a report. A report by Icra Ratings also said that the production-linked incentive scheme will help reduce import dependence for [...]
The performance of the Goods and Services Tax Network system has improved steadily over time, resulting in a steady increase in taxpayers in the country, Economic Advisory Council to the Prime Minister (EAC-PM) has said in a working paper. After years of debate, India rolled out the Goods and Service Tax (GST) in July 2017. [...]
A Parliamentary panel has asked the Ministry of New & Renewable Energy (MNRE) to revive one MWe solar thermal power plant at the National Institute of Solar Energy, saying the "project led (to) an infructuous expenditure". A grid-interactive solar thermal power plant, with a capacity of 1 MWe at Direct Normal Irradiance (DNI) radiation of [...]
The European Union's carbon tax regime will affect exports from countries, including India and least developed countries, to that region, trade experts said on Wednesday. EU is introducing the Carbon Border Adjustment Mechanism (CBAM) from October 1 this year. According to a report by economic think tank Global Trade Research Initiative (GTRI), CBAM will translate [...]
