Indian oil refiners are on track to take the most American crude in almost a year after tighter enforcement of US sanctions crimped trade with Russia and forced processors to look elsewhere for supply. State-owned Bharat Petroleum Corp. and Indian Oil Corp., along with top private refiner Reliance Industries Ltd., have purchased about 7 million … Read more
Best FD rate: North East Small Finance Bank (NESFB) has introduced upgraded fixed deposit (FD) schemes with attractive rates. These schemes offer rates of up to 8.50% for the general public and an impressive 9.25% for senior citizens. “NESFB is committed to creating value and enhancing the financial well-being of our customers. Our new fixed … Read more
The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading around 22,060 level, a discount of over 70 points from the Nifty futures’ previous close. On Monday, the benchmark equity indices ended with minor gains amid volatility. The Sensex rose 104.99 points to close at … Read more
Several factors contribute to this change, including the rise of mobile trading platforms offering enhanced accessibility and streamlined trading experiences, as well as greater access to financial information for researching listed companies. Additionally, regulatory initiatives aimed at boosting awareness about stocks, coupled with a growing willingness among young Indians to take on some degree of … Read more
In a groundbreaking AI development, the UP Police is reportedly using an AI tool to catch criminals. The new AI tool, dubbed Crime GPT, is created by Staqu Technologies. It will help the UP police department by using the digital database of criminals and find specific details about the queries, reported India Today. As per … Read more
Aditya Birla Capital and Sun Life (India) AMC Investments have granted approval today, March 18, for the sale of a maximum of 2.01 crore shares of Aditya Birla Sun Life AMC. This sale represents 7 percent of the company’s issued and paid-up equity share capital. The sale will be conducted through an offer for sale … Read more
The ability to transfer shares between demat accounts offers shareholders greater flexibility, efficiency, and control over their investments. Whether for consolidation purposes, ownership changes, or portfolio management needs, leveraging this functionality can streamline the process of managing and monitoring shares effectively. Advantages Transferring shares between demat accounts offers several advantages: Consolidation of Shares: By transferring … Read more
The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more
KP Green Engineering IPO: The initial public offering (IPO) of steel products manufacturer KP Green Engineering Ltd is witnessing strong demand as seen in the subscription status. The ₹189.50 crore KP Green Engineering IPO has been oversubscribed heavily led by retail investors. KP Green IPO is an SME IPO that opened for bidding on March … Read more
Revered beyond the university for his groundbreaking contributions to investment management and mentorship of future leaders in the field, Swensen was equally esteemed within Yale for his dedication as an educator, astute advisor, and spirited member of the university community. David has bestowed upon the financial world a multitude of investment principles, a selection of … Read more