India’s consideration to ease rice export limits surged KRBL shares by 13%, LT Foods to a 52-week high, and Kohinoor Foods by 11%. Plans include fixed duties on white rice, scrapping 20% parboiled rice tax. Indian exports hit 2.9 million tons this fiscal year; monsoon season planting is critical for West Africa and Middle East reliance.
Jupiter Wagons' shares dropped 4% following approval for a qualified institutional placement at Rs 689.47 per share. The company reported a significant increase in profits and revenue for the latest quarter.
While it might still not be making it to the headline, there has been a clear change in the stance for IT stocks post election results. After a long phase of underperformance the stocks are making a comeback. Because at this point of time, no one is able to assign any reason why this is happening, so there is no narrative on the street. The fact is that price action precedes the narrative. One bit of positive commentary on Q1 results and there will be no dearth of narratives. Check out Stock Reports Plus... Читать дальше...
The stock quoted a 52-week high price of Rs 892.75 and a 52-week low of Rs 649.0.
Ultimate Table Tennis (UTT) partners with Viacom18 to broadcast UTT 2024 in Chennai from August 22 to September 7. Matches can be streamed on JioCinema and shown on Sports18 Network. The fifth season features eight teams including new additions Ahmedabad SG Pipers and Jaipur Patriots, with top Indian and global players competing.
As the Union Budget, set to be presented on July 23, approaches, the defence sector is eagerly anticipating increased allocations, particularly in shipbuilding. Experts predict a continuation of the trend of higher defence spending. Industry expert Deven Choksey highlights significant shipbuilding needs for defence and inland transportation under the Sagarmala project, as well as commercial passenger ships.
India's financial shift includes 13.6 crore investors, about 10% affluent, driven by SEBI and smartphones. Participation extends beyond Maharashtra and Gujarat to states like Uttar Pradesh and Madhya Pradesh. Individual investor opinions shape economic policies. Retail investors hold an 18.5% listed share, contributing ₹25,000 crore via Securities Transaction Tax, despite risky leveraged positions.
Houseflies problem in monsoon rains? Here is how to keep houseflies away from your home in monsoon
Adda247 said in a statement, “This acquisition is expected to significantly expand Adda247’s user base, which currently has 40 million monthly users.” The company did not disclose the financial details of the deal. Adda247 provides courses in 12 regional languages and plans to extend its reach to two-three more states and languages this year.
A total of 8,660 shares changed hands on the counter till 01:54PM (IST)
Effwa Infra and Research IPO has been oversubscribed 80.4 times, with shares trading at a premium in the unlisted market. Investors can bid for shares in the price range of Rs 78-82.
A total of 669,724 shares changed hands on the counter till 01:49PM (IST)
The gaming industry is set to grow 20% on year by the end of this fiscal year to Rs 25,300 crore, as per a study by Grant Thornton Bharat. This is in partnership with E-Gaming Federation. The report added that India has left China behind in terms of online gamers, with its number hitting 422 million.
Chinese tech giant Xiaomi showcased its electric vehicle SU7 in Bengaluru, alongside new electronic products like the Star-Redmi 13 5G. Although not for sale in India, the SU7, resembling a Porsche Taycan but cheaper, marks Xiaomi’s EV ambitions. Heavy rains in Muradabad have damaged tomato crops, driving prices up in North India.
Silver price up more than 25% in one year: check latest price of silver
On the technical charts, the RSI of the stock stood at 64.76.
The sectoral/thematic funds saw a surge of 16% in the inflows and stood at Rs 22,351. Debt mutual funds saw an out of Rs 1.07 lakh crore in June against an inflow of Rs 42,294 crore in May
Nitish Kumar, Chandrababu Naidu Budget demands: Prime Minister Narendra Modi's coalition government faces a significant test as his second-biggest ally in Bihar demands Rs 30,000 crore for state projects, while another ally, Andhra Pradesh, seeks over $12 billion. With fiscal pressures mounting, Modi must balance demands while curbing government debt ahead of the upcoming budget release.
Delhi Police has filed over 200 FIRs in the past week under the new section in Bharatiya Nyay Sanhita dedicated to vehicle thefts, with potential punishment of up to seven years in prison. Investigating officers are promptly filming crime scenes and uploading reports on the e-pramaan app, hoping the crackdown will reduce thefts as cases are now registered under Section 305-B.
Patanjali Ayurved Ltd has stopped the sale of 14 products following the suspension of their manufacturing licenses by the Uttarakhand State Licensing Authority. The company has instructed franchise stores and media platforms to withdraw these products and their advertisements. The Supreme Court has directed Patanjali to provide an affidavit on the removal of advertisements within two weeks, with the next hearing scheduled for July 30.
The Amsterdam-based group, called remove, has raised more than 220 million euros ($238 million) to support carbon dioxide removal (CDR) projects throughout Europe, and will now accept applications from Indian start-ups. Successful applicants will gain access to remove's network of experts and international buyers, and could be eligible for additional funding.
The bench referred to the fact that the decision to cancel the contract was taken purportedly at the behest of a minister. The top court had reserved the judgement on May 8. While reserving the verdict, the bench had said the contracts awarding work to private parties should not be cancelled without assigning reasons.
Mirae Asset Mutual Fund has introduced the Mirae Asset Nifty200 Alpha 30 ETF Fund of Fund, an open-ended scheme that invests in units of the Mirae Asset Nifty200 Alpha 30 ETF