This is how oil minister react on oil prices amid war
India will be able to navigate through any oil supply shock that may result from the potential widening of the conflict in the Middle East, Oil Minister Hardeep Singh Puri said on Tuesday.International oil prices have flared to near USD 79 per barrel from about USD 70 per barrel in just over a week's time, as the market waited to…
This is why SBI is Nomura’s top pick
Nomura on SBI: Analysts at Tokyo-based brokerage firm Nomura have identified the State Bank of India (SBI) as their top pick among banks, noting that SBI is well-positioned to navigate medium-term challenges facing the banking sector. According to Param Subramanian, Ankit Bihani, Ajit Kumar, and Parth Desai of Nomura, SBI is well-equipped to maintain strong asset quality due to its…
RBI’s MPC meeting today: Will there be a rate cut?
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, is set to announce its decisions during a press briefing today, October 9. The MPC began its three-day meeting on Monday, October 7, to discuss the fourth bi-monthly monetary policy for FY25. The committee will focus on key issues such as interest rates, inflation, economic…
Byju’s transfer funds from Shell Company?
Byju's, the embattled tech company controlled by Indian entrepreneur Byju Raveendran, has been accused of illegally transferring funds from its U.S. affiliate, according to a lawsuit filed on Tuesday in a Delaware federal court, Bloomberg reported.The lawsuit claims money that should have been used to pay creditors was funnelled to Whitehat Education Technology. Court-appointed trustee Claudia Springer, a bankruptcy attorney,…
Hyundai Motor IPO is overvalued ? here what grey market says
Hyundai Motor India IPO price band: The Hyundai Motor India Limited IPO price band has been fixed in the range of ₹1,865 to ₹1,960 per equity share of the face value of ₹10. The Hyundai Motor India IPO date of subscription is scheduled for Tuesday, October 15, and will close on Thursday, October 17. The allocation to anchor investors for…
What is ‘Toilet tax’ in Himachal Pradesh?
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday denied claims of any “Toilet Tax” being imposed or proposed in the state. He called the claims as baseless and said they were being spread for political purposes."In the light of Haryana Vidhan Sabha elections, the BJP is either playing the religion card or sometimes raising the fabricated toilet tax issue.…
Israel-Iran war: where the Gold price headed?
Gold rate today: The yellow metal price in the domestic market appreciated despite profit-booking in spot gold prices. MCX gold rate finished 0.60% higher last week at ₹76,190 per 10 gm, whereas the spot gold price descended 0.40% and closed at $2,653 per troy on\unce. According to the commodity market experts, this could become possible due to weakness in the…
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