Daily Newsletter

Daily Newsletter
31 December 2022
Markets | Companies | Banking | Economy | Opinion | Life | Management | Technology
LIVE MARKETS SENSEX 60840.74 (-293.14) NIFTY 18105.30 (-85.70) GOLD (MCX 10 GM) 54954.00 (-17.00) SILVER (MCX 1 KG) 69375.00 (-392.00) USD ($) / INR(Rs) 82.81 (0.02)
Front Page Core sector rebounds sharply to grow at 5.4% in November: Govt data Data released by the industry department on Friday showed sequential acceleration in output growth in sectors like coal (12.3 per cent), steel ... Stock markets maintain winning streak for seventh consecutive year Outperform most global peers even as returns moderate to just over 4% in 2022 SBI, LIC among key govt-run financial institutions set to see new faces The first quarter of calendar 2023 will see new faces heading four large public-sector banks -- Canara Bank, Bank of Baroda, Indian Overseas ... IIT Madras testing plan for hyperloop parallel to Chennai-Bengaluru route IIT Madras has demonstrated contactless propulsion and braking for the project, and will be ready technology-wise by July 2023 As Pele bows out, let's revisit the time when Pelemania gripped India He was the one footballer people who never watched a game of football knew and loved. Pele™ is immortal Adani pays 16.5% premium on offer price for NDTV founders' shares Proxy advisory firms say premium now must be paid to all shareholders who participated in open offer Finance Ministry sharply raises small savings rates for March quarter Small savings rates for 1-year time deposit (6.6 per cent), 2-year time deposit (6.8 per cent) and 3-year time deposit (6.9 per cent) were ... Spectacle films to large media deals, 2022 was a big-deal year for cinema From spectacle films to large media deals, scale, both on and off screen, remained the central theme in the evolving entertainment landscape Syrup deaths in Uzbekistan: Pharmexcil suspends Marion Biotech's membership Co grew rapidly in the last four-five years; primarily makes cold medication At 100 in 3 years, IHCL arm eyes 500 luxury homestays by FY 2026 Of the 61 operational properties which are all managed assets, around 21 properties are Tata company homes or bungalows
Companies Industry body IAMAI bids to form a self-regulatory body for online gaming As per a gazette notification issued earlier this week, the Ministry of Electronics & Information Technology (MeitY) has become the nodal ... FMCG companies see some respite in rural demand in last two weeks While it is too early to say that rural demand has revived but this is the first time demand for consumer goods have witnessed green shoots Quick commerce: One lighter a day, Rs 9,500 tip; insight into Blinkit use A resident of Jaipur generously tipped his delivery partner on Blinkit Rs 9,500, the highest of the year After many rocking years, we needed a rocky year: Byju's CEO Raveendran He said 2022 was the year of learning for all tech businesses, of every kind. "We had our share of learnings and growing, too. This was the year ... » Read More Stories in Companies
Economy & Policy Retail inflation for industrial workers eases to 5.41% in November Retail inflation for industrial workers eased to 5.41 per cent in November compared to 6.08 per cent in October this year mainly due lower ... Tax collections up by 29.66%, to enable govt roll out tax reforms With such a surge in tax collections, government would look to unleash reforms in the coming 2023-24 fiscal, especially as far as tax ... India to take up affordability of energy, foodgrains issue at G20 strongly External Affairs Minister S Jaishankar on Friday underlined that during its G20 presidency, India intends to take up the issue of affordability ... Centre's fiscal deficit for April-November period at 58.9% of FY23 target In fact, in November the fiscal deficit widened by Rs 2.2 trillion, the highest ever in any month this financial year » Read More Stories in Economy & Policy
Markets BSE 52-WEEK HIGH Company Price (Rs) Change (%) Canara Bank 333.55 3.91 Guj Pipavav Port 100.50 7.49 BSE TOP GAINERS Company Price (Rs) Change (%) Hikal 410.25 11.92 New India Assura 125.60 8.79 BSE 52-WEEK LOW Company Price (Rs) Change (%) Chola Financial 551.05 -2.45 BSE TOP LOSERS Company Price (Rs) Change (%) Max Healthcare 438.95 -3.29 Adani Total Gas 3695.25 -3.05 IEX gets shareholders' nod to buy back shares worth up to Rs 98 crore Indian Energy Exchange (IEX) has got shareholders' approval through postal ballot to buy back shares worth up to Rs 98 crore. The proposal to ... Last trading day: Indices end in red owing to fag-end selling amid losses The 30-share BSE Sensex fell 293.14 points or 0.48 per cent to settle at 60,840.74 on Friday. During the day, it had risen by 258.8 points or ... Sah Polymers IPO subscribed 86% on first day, RII subscribed 2.07 times The initial public offer of Sah Polymers was subscribed 86 per cent on the first day of subscription on Friday. The initial share-sale received ... With NSE for years, Ramamurthy now set to take over as BSE chief on Jan 4 He is among the early architects of NSE, handling various positions from 1995 to 2014; Till recently, he was Chief Operating Officer-India at ... » Read More Stories in Markets
Opinion The free grain scheme risks undermining more than the rural economy The problem with govt's decision lies not with fiscal maths but with how it addresses realities of economics of farming and the income levels of ... Assumptions that didn't survive 2022 In a year marked by conflict and loss, silver linings were few and far between, with many statements much harder to repeat at the end of 2022 ... Good, bad and intelligent ChatGPT is at the cutting edge of AI research. Its use cases are endless. But it is also not hard to see how AI could potentially cause a global ... Tech beyond AI From moon missions to resurrecting the dead - emerging technology trends to watch in 2023 » Read More Stories in Opinion
Finance Govt hikes interest rate on post office savings schemes by up to 1.1bps The government on Friday raised interest rates on most post office savings schemes that do not get income tax benefits in line with the firming ... RBI to extensively use AI, MI driven tools for info creation, data analysis Artificial Intelligence (AI) and Machine Learning (ML) driven tools for data analysis and information creation will be integral part of Reserve ... » Read More Stories in Finance
Technology Microsoft reveals its best Xbox games of 2022 for gamers: Details here Starting with the racing game of the year, the latest edition of the "Forza Horizon 5 Hot Wheels" has been specially enhanced for Xbox Series » Read More Stories in Technology
PF Safety to liability: What changes for bank locker customers from Jan 1 Rules for accountability and obligations enhanced after RBI mandate, say experts » Read More Stories in PF
Beyond Business Where's the New Year's party? It's everywhere, across restaurants & resorts The party scene started with the FIFA World Cup; it continued into Christmas; and is expected to reach a crescendo on New Year's Eve » Read More Stories in Beyond Business
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