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Silver futures hit Rs 100,000/kg on MCX

Silver prices traded above Rs 1,00,000/kg on Wednesday on MCX December futures — the most active contract for the white metal — for the first time ever. The December futures saw a high of Rs 1,00,081/kg and currently at Rs 99,000/kg. In Mumbai’s Jhaveri Bazaar spot market, it was trading at Rs 98,862. In the

Dumping duty imposed on five products from China

The government has imposed anti-dumping duties on imports of five products from China at below normal prices to remove injury to local industry. The products on which the duties have been imposed include Cellophane Transparent Film, Isopropyl Alcohol, Sulphur Black, Thermoplastic Polyurethane and Unframed Glass Mirror. These additional duties will be levied for five years.

GMR secures Rs 6,300-crore debt funding from ADIA

Abu Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will to invest Rs 6,300 crore in structured debt instruments of GMR Infra Enterprises. GMR Group will use the funds to refinance external debt of GMR Enterprises (GEPL), the promoter of GMR Airports (earlier called GMR Airports Infrastructure). GEPL’s total debt has increased nearly

Upstox targets to make retail trade more profitable: CEO

In a bid to create a level-playing field for retail traders, Upstox has launched tick-by-tick (TBT) engine to provide real-time insights on order flow, market depth and trade price checker. “We want to play a role in making retail more profitable. That’s the basic drive towards what we’re doing. The big reason why retail traders

What to watch for trade on October 24? Focus on SBI, HUL, BEML, and Dalmia Bharat to remain in focus

Action-packed day for Indian markets tomorrow with Adani Wilmar, ACC, ITC, and Godrej Consumer Products set to release their quarterly results. Also, the HUL stock is likely to be in focus on the back of its quarterly earnings plus the decision to separate the ice cream business. Both the IPOs, Deepak Builders & Engineers and

Triumph Tiger Sport 800 breaks over ahead of EICMA debut

Triumph had teased an 800cc bike last week on its social media handles. The iconic British motorcycle brand has now unveiled this to be the Tiger Sport 800. The Tiger range was the first to upgrade to the new 800cc platform with the Tiger 800 XC and Tiger 800 XR which made their debuts a

Piramal Pharma Q2 Results: Profit jumps 350% at Rs 22.59 crore, revenue up 17.3% YoY on growth in CDMO business

Piramal Pharma Ltd on Wednesday released its fiscal second quarter earnings with profit at Rs 22.59 crore, posting a jump of 350.0 per cent in comparison to Rs 5.02 crore recorded during the corresponding quarter of FY24. It recorded Q2 revenue from operations at Rs 2241.75 crore, up 17.3 per cent as against Rs 1911.38

India’s sustainable eating habits offer hope to address heightened ecological concerns, says GlobalData

India has a sizable vegetarian population and has a huge history of vegetarian diets. The Indian population has sustainable eating habits which offers a small sign of hope to address the heightened ecological concerns, as per a report by GlobalData. Sustainable eating habits includes practices such as minimizing food waste, prioritizing plant-based diets, and consuming

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Belated ITR Filing 2024-25: Don’t miss this new deadline! Check penalty, steps for filing belated tax return online

Belated ITR Filing 2024-25: The extended deadline for filing belated income tax returns or submitting revised returns for the assessment year 2024-25 is quickly approaching. The final date for submission is just a week away, on January 15, 2025. Initially, the Central Board of Direct Taxes (CBDT) set the original deadline for filing belated or

Credit Card Against Fixed Deposit: Features, benefits and eligibility criteria

Secured credit cards are a viable solution for people with poor or no credit history. These cards help build or repair credit scores over time. Here’s a detailed look at secured credit cards available in India, focusing on their benefits, eligibility criteria, and key features. So, what exactly is a secured credit card? A secured

Swiggy Instamart expands to 76 cities, says co launching a parallel standalone app

Foodtech major Swiggy on Thursday announced that Swiggy Instamart has expanded to 76 cities across the nation, and the platform will soon also be available as a standalone app. As one of Swiggy’s flagship services, Instamart will continue to be accessible via Swiggy’s unified platform, where it has delivered rapid growth in the past year

Q3 Business Update: Q3 earnings season kickstarts today- Key business numbers, progress report by India Inc

With the quarter earnings season already on and IT giant Tata Consultancy Services (TCS) all set to announce its Q3 results today, while investors and market participants are hooked on the numbers to be released in the coming days, India Inc is already releasing its business updates numbers. During the third quarter, Elara Securities stated

Sat Kartar Shopping IPO opens tomorrow: 8 things to know before you subscribe 

Sat Kartar Shopping, an Ayurveda healthcare company, is set to open its public offering tomorrow, January 10, 2025. As the IPO goes live, here are the key details of the issue, including the price range, investment requirements, and important dates that potential investors should know. Sat Kartar Shopping IPO: GMP In the grey market, an