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Silver Price Prediction 2025: As precious metal hits record high, it could climb to as high as Rs 1.5 lakh per kg in the next 12 months, according to a report. Silver surged Rs 1,668 to hit its fresh all-time high of Rs 1,30,000 per kilogram on the MCX, as investors rushed to the white metal on strong bets of a US Federal Reserve rate cut next week. On the Multi Commodity Exchange (MCX), silver futures for March next year delivery soared Rs 1,668 or 1.3 per cent to hit a lifetime high of Rs 1,3 ...Read More >
Euro Pratik Sales has announced a price band of Rs 235-247 apiece for its IPO, opening on September 16. The issue will close on September 18. Investors can bid for a minimum of 60 shares and in multiples thereafter. The IPO is entirely an OFS of up to Rs 451 crore by promoter and promoter group selling shareholders. The offer also includes a reservation for eligible employees applying in the employee reservation portion. The Mumbai-based company operates on an asset-light business model, with a ...Read More >
Eight crop segments -- rice, cotton, wheat, soybean, chillies, grapes, sugarcane and gram -- contribute about 65 per cent of the domestic agrochemical market. India's agrochemical exports nearly trebled in 10 years to $3.3 billion in FY25, up from $1.3 billion in 2014-15, making the country the third-largest exporter of agrochemicals after China and the US, a report by the Agro-Chemicals Federation of India (ACFI) and Deloitte released late last evening showed. To sustain the momentum, ACFI ha ...Read More >
New Delhi: Industry leaders welcomed the recently announced GST reforms, which reduce the number of tax slabs, stating that it will make tax compliance easier while also directly benefiting consumers through lower prices. Jharkhand Chamber of Commerce Joint Secretary Navjot Alang Rubal said that the reduction of the number of slabs from four to two under the new GST structure is a highly positive step. According to Rubal, this reform will greatly benefit the middle and lower-income groups as t ...Read More >
New Delhi, Sep 5 (SocialNews.XYZ) The fast-moving consumer goods (FMCG) sector stands at the cusp of a structural reset as the GST Council has rolled out GST 2.0, with the reform simplifying the existing four-tier structure into two slabs - 5 per cent and 18 per cent - with a 40 per cent rate reserved for sin and luxury goods, a report said on Friday. "For FMCG companies, the reform is set to unlock volume growth, strengthen rural penetration, and enhance profitability -- reshaping the sector's ...Read More >
NEW DELHI, Sept 5 (Reuters) - India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow. As Europe and the U.S. have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude. New Delhi has said its pu ...Read More >
By Hritam Mukherjee and Nidhi Verma NEW DELHI (Reuters) -India will continue to buy Russian oil as it proves economical, its finance minister said on Friday, despite the Trump administration's decision to impose heavy import tariffs on Indian goods due, in part, to its energy purchases from Moscow. As Europe and the U.S. have shunned Russian oil over Moscow's 2022 invasion of Ukraine, India has taken advantage of discounts on Russian output to become the largest buyer of Russian seaborne crude ...Read More >
Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with customers and celeb ...Read More >
Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with customers and celeb ...Read More >
PRNewswire Mumbai (Maharashtra) [India], September 3: Axis Bank, one of the largest private sector banks in India, today announced the launch of Sparsh Week 2025, a landmark initiative that will bring together over 1 lakh employees across its network of 5,868 branches nationwide to strengthen relationships and deliver memorable experiences for customers. Scheduled from 1st to 5th September, this flagship event will see the leadership and employees across the country actively engage with custome ...Read More >
New Delhi: Maruti Suzuki India Ltd on Tuesday started the production of its electric sports utility vehicle (SUV) e-Vitara for exports to 100 countries from its Gujarat factory, marking the beginning of its EV push that contrasts with strategies of its domestic rivals. While Tata and Mahindra began their EV journey by first boosting sales in the domestic market, Maruti Suzuki is producing these cars majorly for exports, with its Japanese parent looking to test its mettle in the global EV market ...Read More >
Ranchi (Jharkhand) [India], August 4 (ANI): The Jharkhand government declared a three-day state mourning, starting Monday, following the passing of the state's former Chief Minister and co-founder of Jharkhand Mukti Morcha, Shibu Soren. "In honour of the late Honourable former Chief Minister-cum-Rajya Sabha MP, the State Government has decided to observe 03 (three) days of state mourning from August 4 to August 6," the message from the Jharkhand government read. Also Read | Kerala Shocker: 47- ...Read More >
Mumbai, August 4: Apple MacBook is available on Independence Day sale in India at a huge discount. MacBook deals during the Independence Day sale in 2025 include discount offers, exchange offers, and more. The interested customers can get the Apple laptop by paying a lower amount and get all the features and specifications before the offers end. Here, we have compared the MacBook on Amazon and Flipkart to help you choose the best deals during this year's Freedom Sale. Amazon Great Freedom Festi ...Read More >
NEW DELHI: A day after the arrest of one of its former fund manager Viresh Joshi by the enforcement directorate on allegations of front-running, the Axis Mutual Fund has clarified that the proceedings of the recent investigation by ED on a former employee bear no connection to the AMC's current operations, and that investors' investments with the AMC remain unaffected. "We would like to assert that none of the search or seizure actions involve any of Axis AMC's offices, branches, or premises. T ...Read More >
In a stunning turn of events, Viresh Joshi, once a key player at Axis Mutual Fund, has been arrested by the Enforcement Directorate on charges of money laundering. The case revolves around serious allegations of investor deception through front-running. Viresh Joshi, a former chief trader and fund manager of Axis Mutual Fund, has been arrested under the anti-money laundering law in a case linked to alleged cheating of investors to the tune of Rs 2 lakh crore by 'front-running' in trade activiti ...Read More >
Due to inclement weather conditions along the yatra routes, authorities have suspended the Amarnath Yatra from Jammu starting Thursday. The decision was made as a precautionary measure due to heavy rains affecting pilgrim movement from base camps in Kashmir. Authorities on Wednesday announced that the Amarnath Yatra will be suspended from Jammu on Thursday due to the inclement weather conditions. "In view of the inclement weather conditions on the yatra routes, as an abundant precaution, the o ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wan ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector. The Nifty 50 index opened at 25,108.55, witnessing a marginal dip of 2.90 points or 0.01 per cent. Meanwhile, the BSE Sensex began the session at 82,193.62, declining by 65.62 points or 0.08 per cent. Also Read | Priyanka Chopra Jonas Birthday: She Continues ...Read More >
Mumbai (Maharashtra) [India], July 18 (ANI): The Indian stock market opened flat on Friday as weak investor sentiment continued due to sustained selling by Foreign Portfolio Investors (FPIs) and a subdued earnings season in the IT sector. The Nifty 50 index opened at 25,108.55, witnessing a marginal dip of 2.90 points or 0.01 per cent. Meanwhile, the BSE Sensex began the session at 82,193.62, declining by 65.62 points or 0.08 per cent. Experts attributed the weak market opening to the ongoing ...Read More >
Mumbai, Jul 17 (PTI) Axis Bank on Thursday reported a 3 per cent dip in its June quarter consolidated net profit at Rs 6,243.72 crore, impacted by the implementation of changes in non-performing assets and loan upgrade policy. On a standalone basis, the third largest private sector lender's net profit declined to Rs 5,806 crore from the year-ago period's Rs 6,034 crore, but was down sharply when compared with the quarter ago period's Rs 7,117 crore. The bank's core income showed low growth in ...Read More >
BENGALURU, July 17 (Reuters) - Indian private lender Axis Bank (AXBK.NS), opens new tab reported a surprise drop in first-quarter profit on Thursday, as it set aside more funds for potential bad loans and as its lending margin contracted. The standalone net profit at India's fourth-largest private lender by market capitalisation fell 4% to 58.06 billion rupees ($674.8 million) for the quarter ended June 30 from 60.35 billion rupees a year earlier. Analysts had expected a profit of 63.73 billion ...Read More >
New Delhi, Jul 12 (PTI) Anthem Biosciences has raised Rs 1,016 crore from anchor investors ahead of its initial share-sale opening for public subscription. Some of the investors that participated in the anchor book are -- Abu Dhabi Investment Authority, Government Pension Fund Global, Eastspring Investments, Amundi Funds, PineBridge Global Funds and Societe Generale, HDFC MF (MF), ICICI Prudential MF, Axis MF, UTI MF, Quant MF and Motilal Oswal MF, according to a circular uploaded on BSE's webs ...Read More >
New Delhi, Jul 11 (PTI) Religare Enterprises on Friday said its board has approved a proposal to raise Rs 1,500 crore through the preferential allotment of warrants to support the company's business expansion plans and drive new strategic initiatives. Of this amount, entities linked to the Burman family, owners of Dabur, will contribute Rs 750 crore, accounting for 50 per cent of the total fundraise, while the remaining amount will be infused by The Hindustan Times Ltd, investors Ashish Dhawan, ...Read More >
New Delhi, July 11: Gold prices climbed by Rs 700 to Rs 99,370 per 10 grams in the national capital on Friday tracking safe-haven demand as heightened global trade tensions stoked investor worries. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity had closed at Rs 98,670 per 10 grams on Thursday. Gold of 99.5 per cent purity jumped by Rs 600 to Rs 98,800 per 10 grams (inclusive of all taxes). It had ended at Rs 98,200 per 10 grams in the previous market ...Read More >
New Delhi [India], July 11 (ANI): Indian stock markets opened under pressure on Friday as continued tariff tensions led by US President Donald Trump and weak earnings from the IT sector weighed on investor sentiment. The benchmark Nifty 50 index opened at 25,255.50, down by 99.75 points or 0.39 per cent, while the BSE Sensex declined by 369.52 points or 0.44 per cent to open at 82,820.76. Experts attributed the weak opening to renewed tariff concerns and lacklustre corporate earnings, particul ...Read More >
New Delhi [India], July 11 (ANI): Indian stock markets opened under pressure on Friday as continued tariff tensions led by US President Donald Trump and weak earnings from the IT sector weighed on investor sentiment. The benchmark Nifty 50 index opened at 25,255.50, down by 99.75 points or 0.39 per cent, while the BSE Sensex declined by 369.52 points or 0.44 per cent to open at 82,820.76. Experts attributed the weak opening to renewed tariff concerns and lacklustre corporate earnings, particul ...Read More >
Bengaluru : Allied Engineering Works Limited (Allied Engineering) ("the Company"), a technology-driven solutions provider, focused on meeting the evolving needs of utilities in implementing smart metering infrastructure across India and enhancing the efficiency of utility distribution systems has filed its Draft Red Herring Prospectus ("DRHP") with market regulator Securities and Exchange Board of India ("SEBI"). The Company plans to raise funds through offer of equity share capital via initial ...Read More >
Mumbai (Maharashtra) [India], July 10 (ANI): Indian stock markets opened on a positive note on Thursday as investor focus shifted to the earnings season, amid a delay in the announcement of the India-US trade deal. The Nifty 50 index opened at 25,511.65, rising 4.55 points or 0.02 per cent, while the BSE Sensex saw a marginal uptick of 28.56 points or 0.03 per cent to open at 83,564.64. Also Read | Maharashtra: Girl Students of Classes 5 to 10 Made to Strip for Menstruation Check at RS Damani ...Read More >
Indian IT bellwether Tata Consultancy Services (TCS) will announce its Q1FY26 earnings on Thursday, July 10. The company is expected to report a year-on-year (YoY) net profit growth of 1% to 3%, according to estimates from four brokerages. The bottom line is projected to be in the range of Rs 12,040 crore to Rs 12,416 crore. Revenue for the April-June quarter of FY26 is expected to grow between 2.7% and 3.8%, i.e., in the range of Rs 62,613 crore to Rs 64,993 crore. The estimates have been pro ...Read More >
Mumbai (Maharashtra) [India], July 9 (ANI): Indian stock markets opened on a flat note on Wednesday as investors remained cautious and in a wait-and-watch mode, ahead of a possible mini trade deal between India and the European Union (EU). The Nifty 50 index opened at 25,514.60, marking a marginal dip of 7.90 points or 0.03 per cent, while the BSE Sensex opened at 83,619.82, down by 92.69 points or 0.11 per cent. Market experts highlighted that investor sentiment is currently being driven by e ...Read More >
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