Daily Newsletter

Daily Newsletter
20 December 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 61806.19 (468.38) NIFTY 18420.45 (151.45) GOLD (MCX 10 GM) 54275.00 (-25.00) SILVER (MCX 1 KG) 67515.00 (-135.00) USD ($) / INR(Rs) 82.72 (0.2)
Front Page Tech needs responsible regulations and certainty in legal framework: Pichai He said India as an export economy will benefit from an open and connected internet Manufacturing sector companies outperform on the bourses in 2022 But it remains a laggard on the bourses over the past decade Defence, aerospace exports treble to Rs 12,815 cr in 5 years: Govt Foreign procurement in defence rises to Rs 50,061 cr Rs 1 trn m-cap club hits half-century in 2022 despite muted gains in Sensex It's a sign of gains in equity markets being lopsided, say analysts UPI ecosystem needs to be sustainable to grow further: Google Pay Hints at the need to make transactions on the platform chargeable Gadkari wants surety bond insurance, not bank guarantee for infra projects Launches country's first surety bond product, says instrument offers relief to contractors; govt has built in safeguards to protect insurers as ... To ease debt, L&T looks to offload Nabha Power, pare Hyd Metro stake The objective is to reduce the Rs 18,000-crore debt on the books of these firms, said D K Sen, whole-time director and senior executive ... HDFC raises home loan rates by 35 bps, effective from December 20 With this rate hike, HDFC has now passed on the entire rate hike done by the six-member monetary policy committee (MPC) of the Reserve Bank of ... India's consumer good shipments to Russia rise for 2nd month in Oct: Govt During October, India exported goods worth $280 million, up 3.7 per cent as compared to a year ago, led by demand for items such as vegetables, ... Domestic air passenger traffic rises 11% to 11.6 mn in Nov: DGCA data India's domestic passenger traffic rose 11.06 per cent to 116 lakh in November over the year-ago period, according to the latest data from ...
Companies HZL to spend over $1 bn in shift to turn into a green energy user The Vedanta group firm Hindustan Zinc (HZL), which is the world's second-largest manufacturer of the metal, is planning to invest over USD 1 ... Sterling and Wilson RE promoters to sell up to 10 mn share for Rs 270 cr Sterling and Wilson Renewable Energy promoters Shapoorji Pallonji and Company and Khurshed Yazdi Daruvala will sell up to one crore equity ... IndiGo airline ranked number one in on-time performance in November IndiGo carried more passengers on a sequential basis, while its market share fell to 55.7 per cent (from 56.7 per cent in October) Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters Capital markets regulator Sebi has sent a notice to Deccan Chronicle Holding's promoters and asked them to pay Rs 4.29 crore in a matter related ... » Read More Stories in Companies
Economy & Policy Regulators should be nimble-footed, should take decision fast: Gadkari Taking a dig at undue delay in clearance of Surety Bond Insurance product at the regulators' end, Union road transport minister Nitin Gadkari on ... Subscriber base dipped to 11.7 mn in Oct after VIL customer loss: Trai The telecom subscriber base in the country declined by 117 crore in October due to Vodafone Idea losing a large number of mobile customers ... Revisiting international trade's role in domestic development Unlocking trade-enabled economic development alongside tenets of development including gender equity, income inequality, infrastructure, and ... RSS-affiliated BKS warns govt of trouble if farmers demand not met on time Several farmers told PTI that they are ready to intensify the protest if the government did not meet their demands within three months » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Adani Enterp. 4081.30 2.57 Britannia Inds. 4525.00 1.75 BSE TOP GAINERS Company Price (Rs) Change (%) General Insuranc 187.60 12.64 UTI AMC 860.10 11.53 BSE 52-WEEK LOW Company Price (Rs) Change (%) Aurobindo Pharma 437.75 -0.88 C.E. Info System 1129.60 -1.27 BSE TOP LOSERS Company Price (Rs) Change (%) UCO Bank 33.55 -7.83 EPL Ltd 181.25 -5.10 Benchmark indices rise nearly 1% on heavy buying in oil, FMCG stocks From the Sensex pack, Mahindra & Mahindra, Power Grid, Bharti Airtel, Bajaj Finserv, HDFC, Hindustan Unilever, Maruti, ITC, Titan, Nestle, Bajaj ... Markets regulator Sebi clarifies on new ISIN allocation by depositories Markets regulator Sebi on Tuesday clarified on the allocation of new ISINs (International Securities Identification Number) by ... Sebi proposes major changes in investor grievance redressal mechanism Along with making the process completely online, Sebi has suggested measures for reducing cost Sebi moots measures to strengthen investor grievance redress mechanism Capital markets regulator Sebi on Monday proposed ways to strengthen the existing complaint redressal process in the securities market by making ... » Read More Stories in Markets
Opinion Unemployment rate rising in December The unemployment rate was over 8% in all three weeks that ended in December Gatekeepers of digital markets Dominant digital markets as gatekeepers, a sort of front-line regulator, is a turning point in competition law enforcement Ricardo would be turning in his grave There are limits to building resilience over economic efficiency The trade balance Containing imports will not help Guns and butter Govt must review its military spending » Read More Stories in Opinion
Finance RBI slaps Rs 2.66 crore penalty on Bank of Bahrain & Kuwait BSC, India ops The Reserve Bank on Monday said it has imposed a penalty of Rs 2.66 crore on Bank of Bahrain & Kuwait BSC, India operations for non-compliance ... Liquidity slips into deficit; RBI cash injections at over one-month high Tax outflows drive tightness; banks face pressure to raise deposit rates Yes Bank completes transfer of $5.81 bn worth bad loans to JC Flowers Yes Bank's gross bad loan ratio edged down to 12.89% at the end of the Sept quarter from 13.45% at the end of June We want to address concentration risk in our home ground: J&K Bank chief In a Q&A, Baldev Prakash dwells on the lender's plan to bring down NPAs and raise Rs 500 cr in equity by the end of FY23 » Read More Stories in Finance
Technology YouTube creators contributed Rs 10,000 cr to India's GDP in 2021: Study Video sharing platform supported more than 750,000 full-time equivalent jobs in the country Google to merge Digilocker in Files app to access official docs in India Google on Monday announced that it will integrate "DigiLocker", a government-issued document storage service, into the Files app on Android so ... Ericsson scaling up production in phases at Pune to meet India' 5G demand Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans Mobile user base dips for second straight month, shrinks by 1.82 million The number of mobile users has fallen twice in the past eight months now, latest fall concentrated in urban India » Read More Stories in Technology
PF Sum total of all your EMIs should not exceed 40% of your net income Make sure buying a house will not lead to compromises on other crucial financial goals » Read More Stories in PF
Beyond Business India in the nitty-gritty Former Cabinet Secretary K M Chandrasekhar's memoir is a remarkable account of the many events that took place during his tenure, including the ... » Read More Stories in Beyond Business
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