Новости за 16.04.2024

The Nifty Bank index closed 0.6 per cent down at 47484.8.

The index recouped some losses but closed 288 points lower at 47,484. The Nifty50, however, fell over 100 points to close below 22,200 levels. Federal Bank, Bank of Baroda, AU Small Finance Bank, IndusInd Bank, and PNB witnessed selling pressure while some buying was seen in HDFC Bank.

Juniper Green Energy has commissioned 25.2 MW of its 70-MW wind power project ahead of schedule. This project will provide power under a 25-year PPA with GUVNL at Rs 2.90 per unit, contributing to renewable energy efforts in Gujarat and reducing carbon emissions. The initiative is expected to benefit around 45,440 households and aligns with efforts to provide cost-effective and environmentally responsible energy solutions.

On April 16, 1853, Indian Railways launched the first passenger train, travelling 34 km from Bori Bunder to Thane. Sahib, Sultan, and Sindh were the three locomotives that drove its 13 carriages.

Voting in Lok Sabha Elections 2024: Voter ID is an important document as it verifies the identity and details of the holder. One must verify name is on the Election Commission of India's official voter list before taking part in the voting process (ECI). Here is a look at how to cast your vote with a Voter ID card.

P.K. Sidharth Ramkumar's remarkable success in the UPSC Civil Services exam highlights his dedication, perseverance, and determination. His unexpected achievement has surprised many, including his own parents. Ramkumar's decision to switch from IPS to IAS has proven wise, showcasing his adaptability and commitment to growth. Described as an all-rounder, his multifaceted talents and strong work ethic position him for a promising future in civil service. His story serves as an inspiration to aspiring candidates... Читать дальше...

The company and some of its existing shareholders plan to sell a combined 6.56 million shares, nearly one million more than its previous offering after some selling investors decided to offer more stock.

GQG had invested around Rs 2,400 crore for acquiring a 5.96% stake in the offer for sale of Patanjali in July 2023. The US-based investment firm has been increasing its exposure to India after investing in the Adani group. It holds positions in companies including ITC and Sun Pharmaceutical Industries.

The Nifty Realty index closed 0.46 per cent down at 937.75.

In the Nifty pack, 15 stocks closed in the green, while 34 stocks ended in the red.

Union Finance Minister Nirmala Sitharaman highlighted India's status as the fastest growing economy for three consecutive financial years, projecting sustained growth in the future. She emphasized the critical nature of the next 25 years and pointed to an eight percent growth rate in the financial year 2023-24. Sitharaman attributed foreign investor interest to India's economic policies and stability.

In the first half of April, India's petrol consumption surged by 7%, reaching 1.22 million tonnes, compared to 1.14 million tonnes during the same period last year. However, diesel sales witnessed a decline of 9.5% to 3.14 million tonnes. This rise in petrol sales can be attributed to increased use of personal vehicles following a price cut, along with the crop harvesting season and the onset of summer.

Replying to a question over jail reforms during his tenure in Tihar, Director General (prisons) Sanjay Baniwal said, "We have started skill development programme with the help of Urban Development Ministry inside the prisons. Under this programme, around 700 inmates have got the job in hotel industry and 1,200 are getting training to get the job in hospitals."

A total of 1,016 candidates (664 men and 352 women) have cracked the examination and have been recommended by the Union Public Service Commission (UPSC) for appointment to various services.

India is a major sugar producing country in the world. Sugar season runs from October to September. Currently, there are curbs on sugar exports for an indefinite period. Indian Sugar Mills Association (ISMA) has revised the net sugar production estimate for 2023-24 season to 32 million tonnes.

Amid rising tensions in the Middle East, airlines including Air India, Vistara, and IndiGo have altered flight paths to avoid Iranian airspace. The Civil Aviation Ministry has advised carriers to conduct their own risk assessments. The geopolitical situation may lead to longer routes, increased fuel costs, and potential airfare hikes for international flights.

​​The Indian rupee ended at a record closing low on Tuesday, as rising geopolitical tensions in the Middle East and worries that the Federal Reserve will delay interest rate cuts triggered a selloff in risky assets.

The Nifty Pharma index closed 0.42 per cent up at 18695.6.

Branches of fund houses are opening beyond top 30 towns. This is encouraging people to look at these as a suitable investment vehicle. There is an increasing awareness and growing interest among retail investors to park cash in equities and bonds through the mutual fund route.

Project management is crucial for success in various initiatives and sectors. IIMC and ISB programs focus on project governance, agile methodologies, and interdisciplinary collaboration for modern project management success.

Rahul Singh from Tata Mutual Fund evaluates the impact of US rate cuts, India rate cut consensus, inflation rate matrix, real estate demand, monsoon correlation, rural economy recovery, and valuation challenges in manufacturing sector. Singh says: "You have to be more patient and you have to hunt for those companies or stocks where the valuations are still reasonable."

SBI MF manages assets worth Rs 9.19 lakh crore.