OMCs have left the retail prices of fuel unchanged despite a steep rise in crude oil prices, which has resulted in a "significant drop" in margin, learns Rachita Prasad.
For more details π
https://www.moneycontrol.com/news/business/nayara-energy-says-industry-facing-significant-drop-in-margins-due-to-retail-fuel-price-freeze-8257281.html?utm_source=telegram&utm_medium=social
For more details π
https://www.moneycontrol.com/news/business/nayara-energy-says-industry-facing-significant-drop-in-margins-due-to-retail-fuel-price-freeze-8257281.html?utm_source=telegram&utm_medium=social
Moneycontrol
Nayara Energy says industry facing significant drop in margins due to retail fuel price freeze
The supply of both petrol and diesel has been reduced at some stations as companies are facing losses on the sale of these products, according to petrol pump dealers.
#India and #Australia will establish taskforce to develop qualifications recognition, allow students from one country to easily go to study in the other, and explore possibility of offshore campuses, reports Prashant K Nanda.
Read:
https://www.moneycontrol.com/news/business/economy/india-australia-to-establish-taskforce-on-qualifications-recognition-two-way-student-mobility-offshore-campuses-8257221.html?utm_source=telegram&utm_medium=social
Read:
https://www.moneycontrol.com/news/business/economy/india-australia-to-establish-taskforce-on-qualifications-recognition-two-way-student-mobility-offshore-campuses-8257221.html?utm_source=telegram&utm_medium=social
Moneycontrol
India, Australia to establish taskforce on qualifications recognition, two-way student mobility, offshore campuses
Improved qualifications recognition arrangements will also underpin trade in professional services between Australia and India.
Suryoday Small Finance Bank aims for at least 25% YoY rise in its AUM in the next financial year, said MD & CEO Baskar Babu R.
Read at π»
https://www.moneycontrol.com/news/business/banks/aiming-for-25-35-aum-growth-in-fy23-says-suryoday-small-finance-bank-md-8257271.html?utm_source=telegram&utm_medium=social
Read at π»
https://www.moneycontrol.com/news/business/banks/aiming-for-25-35-aum-growth-in-fy23-says-suryoday-small-finance-bank-md-8257271.html?utm_source=telegram&utm_medium=social
Moneycontrol
Aiming for 25-35% AUM growth in FY23, says Suryoday Small Finance Bank MD
βWe want to deepen our relationship not only through microfinance loans but also through other asset classes like two-wheeler loans which we will be introducing next fiscal," Baskar Babu said.
Tasked with funding stuck projects across the country, the govt's Rs 25,000-crore stressed-asset fund #SWAMIH has achieved completion of Panchsheel Greens 2 in Greater Noida: Finance Ministry.
Read at π»
https://www.moneycontrol.com/news/business/real-estate/swamih-fund-achieves-completion-of-panchsheel-greens-2-in-greater-noida-8257341.html?utm_source=telegram&utm_medium=social
Read at π»
https://www.moneycontrol.com/news/business/real-estate/swamih-fund-achieves-completion-of-panchsheel-greens-2-in-greater-noida-8257341.html?utm_source=telegram&utm_medium=social
Moneycontrol
SWAMIH Fund achieves completion of Panchsheel Greens 2 in Greater Noida
SWAMIH Fund has already completed more than 4,000 homes in the last 12 months. It is currently on track to complete at least 10,000 homes every year in the next three to four years, the finance ministry tweeted.
A closer convergence in critical minerals and investment, continuing engagement on migration and defense, and more cooperation in tech & digital sectors were at the forefront of talks at the second #IndiaAustraliaVirtualSummit.
Read:-
https://www.moneycontrol.com/news/business/economy/india-australia-virtual-summit-government-moves-to-secure-critical-minerals-and-investments-from-australia-8257041.html?utm_source=telegram&utm_medium=social
Read:-
https://www.moneycontrol.com/news/business/economy/india-australia-virtual-summit-government-moves-to-secure-critical-minerals-and-investments-from-australia-8257041.html?utm_source=telegram&utm_medium=social
Moneycontrol
India-Australia Virtual Summit | Government moves to secure critical minerals and investments from Australia
A significant outcome of the latest virtual summit was the decision to hold annual summits at the level of the Heads of Government under the Comprehensive Strategic Partnership.
The govt has so far spent Rs 419.55 crore on the work undertaken under the Central Vista Master Plan.
Read more at π
https://www.moneycontrol.com/news/business/real-estate/rs-419-55-crore-spent-so-far-on-various-works-undertaken-under-central-vista-master-plan-8256071.html?utm_source=telegram&utm_medium=social
Read more at π
https://www.moneycontrol.com/news/business/real-estate/rs-419-55-crore-spent-so-far-on-various-works-undertaken-under-central-vista-master-plan-8256071.html?utm_source=telegram&utm_medium=social
Moneycontrol
Rs 419.55 crore spent so far on work undertaken under Central Vista Master Plan
The new Parliament building project, which has its deadline in October, has achieved 44 percent physical progress, and the government has so far spent Rs 480 crore on it, the Rajya Sabha was informed on March 21
Congress leader and MP Karti Chidambaram calls Zomato's plans to deliver food to its customers in record 10 minutes as 'absurd'; To raise issue in parliament.
Read at π»
https://www.moneycontrol.com/news/trends/absurd-karti-chidambaram-slams-zomatos-10-minute-food-delivery-says-will-raise-issue-in-parliament-8257501.html?utm_source=telegram&utm_medium=social
Read at π»
https://www.moneycontrol.com/news/trends/absurd-karti-chidambaram-slams-zomatos-10-minute-food-delivery-says-will-raise-issue-in-parliament-8257501.html?utm_source=telegram&utm_medium=social
Moneycontrol
βAbsurdβ: Karti Chidambaram slams Zomatoβs 10-minute food delivery, says will raise issue in parliament
Zomato founder Deepinder Goyal said in a blog post on March 21 that the online food delivery service provider plans to deliver food to its customers in record 10 minutes.
The M&E sector recorded revenue of Rs 1.61 trillion in 2021, a growth of 16.4% on year. However, the industry is yet to reach pre-pandemic levels, reports Maryam Farooqui.
Read more at π
https://www.moneycontrol.com/news/trends/entertainment/media-and-entertainment-sector-grew-16-on-year-in-2021-yet-to-reach-pre-covid-levels-report-8257241.html?utm_source=telegram&utm_medium=social
Read more at π
https://www.moneycontrol.com/news/trends/entertainment/media-and-entertainment-sector-grew-16-on-year-in-2021-yet-to-reach-pre-covid-levels-report-8257241.html?utm_source=telegram&utm_medium=social
Moneycontrol
Media and entertainment sector grew 16% on year in 2021, yet to reach pre-COVID levels: Report
The M&E sector recovered just 16 percent as consumersβ subscription spend remained impacted by COVID-19 across film, events and television.
#TradeSetup for March 22nd β‘οΈ Here are the top 15 things to know before Opening Bell π
https://www.moneycontrol.com/news/business/markets/trade-setup-for-tuesday-top-15-things-to-know-before-opening-bell-171-8257671.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/markets/trade-setup-for-tuesday-top-15-things-to-know-before-opening-bell-171-8257671.html?utm_source=telegram&utm_medium=social
Moneycontrol
Trade setup for today: Top 15 things to know before the opening bell
Based on the open interest future percentage, there were 87 stocks in which a short build-up was seen including Petronet LNG, Indian Hotels, ACC, Indian Oil Corporation, and Bharat Electronics.
The SC was informed that the consortium of six banks out of seven have sent in their final approval for funding for the completion of Amrapali housing projects, reports Vandana Ramnani.
Read more at
https://www.moneycontrol.com/news/business/real-estate/amrapali-case-consortium-of-six-banks-give-final-approval-for-funding-of-incomplete-projects-8257641.html?utm_source=telegram&utm_medium=social
Read more at
https://www.moneycontrol.com/news/business/real-estate/amrapali-case-consortium-of-six-banks-give-final-approval-for-funding-of-incomplete-projects-8257641.html?utm_source=telegram&utm_medium=social
Moneycontrol
Amrapali case: Consortium of six banks give final approval for funding of incomplete projects
At the hearing on March 21, the Reserve Bank of India questioned the funding by the consortium of banks for the incomplete Amrapali projects.
#RussiaUkraine LIVE Updates π΄ Joe Biden says Vladimir Putin is weighing use of chemical weapons in Ukraine.
Follow this space for more π
https://www.moneycontrol.com/news/world/russia-ukraine-news-live-updates-joe-biden-says-vladimir-putin-is-weighing-use-of-chemical-weapons-in-ukraine-8258071.html
#Russia #Ukraine #VladimirPutin #RussianUkrainianWar
Follow this space for more π
https://www.moneycontrol.com/news/world/russia-ukraine-news-live-updates-joe-biden-says-vladimir-putin-is-weighing-use-of-chemical-weapons-in-ukraine-8258071.html
#Russia #Ukraine #VladimirPutin #RussianUkrainianWar
Good morning! π» Missed out on the top news yesterday? Here's your chance to catch up βοΈπ
https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-274-8257791.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/moneycontrol-daily-your-essential-7-274-8257791.html?utm_source=telegram&utm_medium=social
Moneycontrol
Moneycontrol Daily: Your Essential 7
A daily round-up of the most interesting articles to help jump-start the day.
#MarketsWithMC: Here are three buy calls for the next 2-3 weeks.
Find out π
https://www.moneycontrol.com/news/business/markets/hot-stocks-globus-spirits-indoco-remedies-imfa-can-give-up-to-12-return-in-short-term-heres-why-8257841.html?utm_source=telegram&utm_medium=social
Find out π
https://www.moneycontrol.com/news/business/markets/hot-stocks-globus-spirits-indoco-remedies-imfa-can-give-up-to-12-return-in-short-term-heres-why-8257841.html?utm_source=telegram&utm_medium=social
Moneycontrol
Hot Stocks | Globus Spirits, Indoco Remedies, IMFA can give up to 12% return in short term. Here's why
Momentum Oscillator like RSI and MFI has witnessed trendline breakout indicates higher possibility of a sharp rise in the Globus Spirits stock prices in the coming days.
β½οΈ Check petrol and diesel prices in your city today π
https://www.moneycontrol.com/news/business/economy/government-hikes-petrol-diesel-prices-by-80-paise-a-litre-8258251.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/economy/government-hikes-petrol-diesel-prices-by-80-paise-a-litre-8258251.html?utm_source=telegram&utm_medium=social
Moneycontrol
Petrol, diesel prices raised by 80 paise a litre, first hike in 137 days
This was the first fuel price hike since November 4, 2021. The government took a series of duty cuts to keep the fuel rates unaffected despite volatility in the international crude oil market
#MCPRO & Sharekhan present Investen | 19th - 30th Marβ22
Register & Watch Mr. Devang Jhaveri on Stock Investing Strategies with other 11 Experts @ just Rs. 50/- per webinar!
Visit https://www.moneycontrol.com/investen Now!
Register & Watch Mr. Devang Jhaveri on Stock Investing Strategies with other 11 Experts @ just Rs. 50/- per webinar!
Visit https://www.moneycontrol.com/investen Now!
The SFIO has arrested Aarti Singal, the former vice-chairman of Bhushan Power & Steel Ltd in charges of financial irregularities.
Read more at π
https://www.moneycontrol.com/news/business/sfio-arrests-former-bhushan-power-steel-vice-chairman-aarti-singhal-8258191.html?utm_source=telegram&utm_medium=social
Read more at π
https://www.moneycontrol.com/news/business/sfio-arrests-former-bhushan-power-steel-vice-chairman-aarti-singhal-8258191.html?utm_source=telegram&utm_medium=social
Moneycontrol
SFIO arrests former Bhushan Power & Steel vice-chairman Aarti Singhal
The SFIO is probing corporate governance violation charges against the former promoters of BPSL.
#TradeSpotlight β‘οΈ Here's what Malay Thakkar of GEPL Capital recommends investors should do with Delta Corp, Selan Exploration, Valiant Organic, Vedanta, Greaves Cotton when the market resumes trading today.
Read π
https://www.moneycontrol.com/news/business/markets/trade-spotlight-what-should-investors-do-with-delta-corp-selan-exploration-valiant-organic-vedanta-greaves-cotton-today-8257881.html?utm_source=telegram&utm_medium=social
Read π
https://www.moneycontrol.com/news/business/markets/trade-spotlight-what-should-investors-do-with-delta-corp-selan-exploration-valiant-organic-vedanta-greaves-cotton-today-8257881.html?utm_source=telegram&utm_medium=social
Moneycontrol
Trade Spotlight | What should investors do with Delta Corp, Selan Exploration, Valiant Organic, Vedanta, Greaves Cotton today?
Greaves Cotton has seen good price volume action in the last 2 days and has breached above its 20-day SMA (Rs 170). One can continue holding the stock and expect upside towards Rs 225 followed by Rs 250 levels. Downside support for the stock is placed atβ¦
After petrol and diesel, the LPG cylinder prices have been hiked by over Rs 50 in Delhi, Mumbai and other cities from today.
Check prices in your city π
https://www.moneycontrol.com/news/business/commodities/lpg-cylinder-rates-hiked-by-rs-50-in-delhi-mumbai-and-other-cities-8258401.html?utm_source=telegram&utm_medium=social
Check prices in your city π
https://www.moneycontrol.com/news/business/commodities/lpg-cylinder-rates-hiked-by-rs-50-in-delhi-mumbai-and-other-cities-8258401.html?utm_source=telegram&utm_medium=social
Moneycontrol
LPG cylinder rates hiked by Rs 50 in Delhi, Mumbai, and other cities: Check rates
The domestic LPG cylinder prices have been hiked by over Rs 50 in Delhi, Mumbai and other cities from March 22, 2022.
Dive into #MorningScan every morning.
Round-up of the biggest articles from newspapers π, all in one place!
https://www.moneycontrol.com/news/business/morning-scan-all-the-big-stories-to-get-you-started-for-the-day-178-8258391.html?utm_source=telegram&utm_medium=social
Round-up of the biggest articles from newspapers π, all in one place!
https://www.moneycontrol.com/news/business/morning-scan-all-the-big-stories-to-get-you-started-for-the-day-178-8258391.html?utm_source=telegram&utm_medium=social
Moneycontrol
Morning Scan: All the big stories to get you started for the day
A round-up of the biggest articles from newspapers
#CryptoWithMC: The global cryptocurrency market-capitalisation rose 0.53% over the last 24 hours to stand at $1.87 trillion.
Check latest #crypto prices here π
https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-prices-today-on-march-22-2022-8258261.html?utm_source=telegram&utm_medium=social
Check latest #crypto prices here π
https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-prices-today-on-march-22-2022-8258261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Cryptocurrency Prices Today on March 22: BTC continues to slide as ETH, ADA clock gains
In rupee terms, Bitcoin dipped 0.69 percent to trade at Rs 32,17,584 while Ethereum rose 1.11 percent to Rs 2,27,244.9
#MCPersonalFinance: Retail investors fret when sustained selling by institutional investors, especially #FIIs, makes news.
Since both institutional selling & buying are seen as actions by informed investors, what should you do?
https://www.moneycontrol.com/news/business/personal-finance/should-you-fret-when-foreign-investors-dump-indian-equities-8257301.html?utm_source=telegram&utm_medium=social
Since both institutional selling & buying are seen as actions by informed investors, what should you do?
https://www.moneycontrol.com/news/business/personal-finance/should-you-fret-when-foreign-investors-dump-indian-equities-8257301.html?utm_source=telegram&utm_medium=social
Moneycontrol
Should you fret when foreign investors dump Indian equities?
Institutional investors may buy or sell, depending on factors like year-end profit-booking or allocations to various geographies. These may not have any bearing on the quality of stocks. Retail investors need not unduly worry about those actions, expertsβ¦