Motilal Oswal has come out with the fourth quarter (January-March ’22) estimates income for the consumer sector. The broker’s house expects ITC to report net profit at 4.076.4 Crore rises up 8.7% year-on-year (down 1.9% quarter in the quarter). Net sales are expected to increase by 4.1 percent y-o-y (down […]
Category: Business
RBI spoke: What RBI governor and his deputy said about the problem at the bank, NBFCs
The monetary policy committee from the Bank of India’s reserve (RBI) on Friday clarifies that the days of money policy that is easy will end soon. At a press conference after announcing the April Bi-month policy, the Governor of Shaktikanta Das and his deputy answered questions about other problems in […]
CBDCs can replace cash transactions to a certain extent in India, said Deputy Governor of RBI
The Digital Currency of the Central Bank (CBDC) can replace cash-based transactions to a certain extent in India, Reserve Bank of India Deputy Governor of T. Rabi Shankar said in the Icrier Webinar on ‘get a central bank digital currency for India: lessons from the G20 and the rest of […]
Stocks to watch: Bank & Nbfc, M & M, Sonata Software, NTPC, Dr. Reddy’s, Sobha
Here is a list of the top 10 shares that will focus on Friday: Bank and Finance: Lenders will focus because the RBI will announce its decision about the main interest rates on Friday. Analysts mostly expect the central bank to hold key rates but say it can change its […]
HDFC Bank to consider raising up to ₹ 50,000 CR through obligations
HDFC Bank on Wednesday told stock exchanges that the Board would consider the proposal to raise up to ₹ 50,000 crore for the next 12 months, along with approving financial results. The HDFC Board Bank is scheduled to meet on April 16 to consider and approve financial results for the […]
Taking Stock | Profit booking pulls Nifty to 17,800; Sensex falls 566 points; power stocks gain
Indian benchmark index saw a profit order for the second consecutive day on April 6 behind a weak global cue because investors waited for the FOMC March meeting minutes, to be released tonight. At the close, Sensex fell 566.09 points or 0.94 percent at 59.610.41, and Nifty fell 149.70 points […]
4 Ways to Save Time in Your Business
30% of small business owners work over 50 hours a week, and 20% work over 60! If this sounds like you, then you might be exhausted and maybe even second-guessing your decision to strike out on your own. But we’re here to tell you not to give up. There are […]
Paytm Payments Bank has not appointed the company for the audit, the government told Lok Sabha
Paytm Payments Bank has not yet appointed the company to conduct an audit of the Information Technology System (IT), the Ministry of Finance has told parliament. “RBI (Bank of India’s backup) has further informed that Paytm Payments Bank Limited has not appointed an IT audit company to conduct a comprehensive […]
Gasoline, diesel prices climb again, ride almost ₹ 10 in 2 weeks
New Delhi: The price of gasoline and diesel is closed again by 80 Paise each, taking an increase in rates in the last two weeks to ₹ 9.20 per liter. Gasoline in Delhi will now cost ₹ 104.61 per liter with ₹ 103.81 earlier, while diesel rates rise from ₹ […]
Stocks to watch: Tata Motors, HDFC Bank, Reliance, M & M
Here is a list of the top 10 shares that tend to be focused on Monday: Tata Motors: Tata Motors on Friday said the total domestic sales increased 30 percent to 86,718 units in March compared to 66,462 units in the period last year. The company said the large party […]