As of September 24, the BSE Sensex has risen by 5% year-to-date, whereas the broader indices BSE Midcap and BSE Smallcap saw declines of 1% and 3%, respectively. Equity investors on Dalal Street have had a mixed experience in the current calendar year thus far. As of September 24, the benchmark equity index BSE Sensex…
ICICI Prudential Life Insurance has declared a claim settlement ratio of 99.60%, the highest in the industry, for the period from April 2025 to June 2025. Notably, the average time to settle a non-investigated death claim was just 1.1 days. Mr. Amish Banker, Chief Operations Officer, ICICI Prudential Life Insurance said, “Claims are where promises…
Shares of Tata Investment Corporation Limited (TICL) rose 11.5% to a 52-week high of ₹8,125 per share on Tuesday, September 23. The company has received shareholder approval for the stock split, or subdivision of shares, it had previously announced. The investment company has approved splitting each fully paid-up equity share of ₹10 face value into…
New Delhi: Guar seed prices rose by Rs 11 to Rs 5,042 per quintal in futures trade on Monday as speculators increased their positions amid a firm trend in the spot market. Guar seed contracts for October delivery on the National Commodity and Derivatives Exchange (NCDEX) rose by Rs 11, or 0.22 percent, to Rs…
Amazon plans to expand its network of micro-fulfillment centers in India from 100 to 300 by the end of 2025, reflecting the global e-commerce giant’s move toward accelerated commerce. These small facilities, operating in cities like Bengaluru, Delhi, and Mumbai, are designed to expedite the delivery of daily essentials and high-demand items. They are comparable…
New Delhi: According to the All India Sarafa Association, gold prices in the national capital fell by Rs 600 to Rs 1,13,200 per 10 grams on Thursday due to a decline in local demand. Gold of 99.9 percent purity had closed at Rs 1,13,800 per 10 grams in the previous trade. Similarly, gold of 99.5…
New Delhi, Crude oil futures fell by Rs 11 to Rs 5,611 per barrel on Thursday as traders cut their positions due to weak demand in the spot market. At the Multi-Commodity Exchange, the price of crude oil contract for October delivery fell by Rs 35, or 0.62 percent, to Rs 5,611 per barrel with…
New Delhi: Vedanta shares fell more than 1 percent on Wednesday after the National Company Law Tribunal (NCLT) postponed the hearing on the company’s ambitious disinvestment proposal until October 8. The Ministry of Petroleum and Natural Gas had objected to the plan, citing lack of necessary disclosures. The company’s shares fell 3.78 percent to ₹443.90…
New Delhi, Guar gum prices rose by Rs 16 to Rs 9,311 per quintal in futures trade on Tuesday as speculators increased their deal size amid strong spot demand. At the National Commodity and Derivatives Exchange, the price of guar gum contract for October delivery rose by Rs 16, or 0.17 per cent, to Rs…
The State Transport Authority (STA) in Maharashtra has granted clearance for interim licenses to the parent corporations of app-based taxi aggregators Ola, Uber, and Rapido for bike taxi services in the Mumbai Metropolitan Region. The minimum fare is ₹15 for 1.5 km, according to officials. According to the minutes of a STA meeting, approval has…
