Search Results for: retail investors

Seven of family charred to death in Mumbai grocery shop fire

At least seven members of a single-family burned in their sleep when a major fire broke out in a grocery shop-cum-residence in Mumbai's Chembur suburb, the BMC Disaster Control said here on Sunday.

Oct 6, 2024

Gold prices skyrocket amid Middle East tensions as Iran-Israeli War looms larger

Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers position intact even after prices were overbought.

Oct 5, 2024

Improvement in employment rates and record foreign exchange reserves have further strengthened India's economic position

India created 1.7 Cr or 36% jobs between 2016-17 and 2022-23: Centre

Contrary to the claims of "jobless growth," the latest government data shows that employment in India increased by 36 per cent (17 million jobs) between 2016-17 and 2022-23.

Oct 5, 2024

india, india forex reserves, rbi, foreign exchange reserves, fii, fpi, fdi, modi govt, arun jaitley, india trade

India's foreign exchange reserves this week cross $700 billion for first time

Despite geo-political uncertainties, the investors' confidence remained intact in India's growth story as the country's foreign exchange reserves surpassed $700 billion for the first time, reaching $704.89 billion in the week ending September 27, the Reserve Bank of India

Oct 4, 2024

IPO market buzz continues next week with 3 new public issues

Middle East Tensions Stir Global Markets, Investors Advised to Stay Calm

Middle East tensions have caused global market volatility, with crude oil prices rising over 5% in two days. Indian markets have seen a decline, but the Nifty Metals index has continued its upward trajectory.

Oct 4, 2024

Middle East Crisis Wipes Out Rs 14 Lakh Crore from Indian Equity Market

The Middle East conflict has led to a loss of over Rs 14 lakh crore in the Indian equity market. The Bombay Stock Exchange saw a sharp decline in market capitalization, with major companies emerging as top losers.

Oct 4, 2024

Apple Festive Sale: iPhone 15, iPhone 15 Plus on offer, Today at Apple session & more

In light of the festive spirit, iPhone 15 and iPhone 15 Plus will receive a complimentary pair of Beats Solo Buds Festive Special Edition, which has been designed by renowned designer Aaquib Wani.

Oct 4, 2024

PM Modi to flag off, take a ride on new fully underground Mumbai Metro 3 line

In a Navratri gift of sorts, Prime Minister Narendra Modi will show the green flag to the inaugural train service on the city's first fully underground Mumbai Metro-3's first phase between Bandra Kurla Complex-Aarey JVLR section on Saturday, officials said on Friday.

Oct 4, 2024

Apple to launch more retail stores in India as it manufactures all iPhone 16 models in country

Apple sets to expand presence in India, to open more retail stores

Apple has recently announced its plans to expand its retail footprint in India. This decision comes in response to the positive reception of its existing stores in Mumbai and Delhi, and the surge in domestic sales and export figures.

Oct 4, 2024

Today Stock Markets: Sensex trades lower amid weak global cues

Indian equity markets were trading in the red on Friday following weak cues from US markets.

Oct 4, 2024

Middle East Conflict Triggers Rs 10 Lakh Crore Investor Loss

The escalating conflict in the Middle East has dealt a significant financial blow to investors, with a staggering Rs 10 lakh crore loss recorded on October 3, 2024. India's equity indices, the Sensex and the Nifty, plummeted, with the former falling by 1,769 points, or 2.10 per cent, to 82,497, and the latter dropping 546 points, or 2.12 per cent, to 25,250.

Oct 3, 2024