The ratio of premium turnover to cash market has remained stable over the last three years. The rapid increase in futures and options (F&O) trading volumes in recent years could pose several challenges as market fluctuations impact retail investors who do not follow proper risk management, a Reserve Bank report has said. These fluctuations may…
Online food ordering and delivery platform Zomato on Thursday said it is expanding its ‘Restaurant Service Centre’, a one-stop solution to help restaurants expand across the country. Through its Restaurant Services Centre, Zomato currently provides services related to staffing and licensing in restaurants. Over the past six months, the Restaurant Service Center has already served…
The 30-share BSE Sensex closed at a new closing peak of 78,674.25, up 620.73 points or 0.80 percent.Shares of Reliance Industries surged 4 percent on Wednesday, taking its market valuation above Rs 20 lakh crore and helping benchmark indices close at record highs.The market bellwether stock closed 4.09 percent higher at Rs 3,027.40 on BSE….
In a major boost to pilgrimage centre, the Vaishno Devi shrine, the much-awaited helicopter service from Jammu to Vaishno Devi via Panchhi helipad started on Tuesday(26 June 2024) The service will offer a convenient and comfortable mode of transportation to the shrine. The direct helicopter service from Jammu to Vaishno Devi was confirmed by the…
The Railway Ministry has issued a statement clarifying that any individual with an IRCTC account can book e-tickets for others, dismissing as false and misleading a social media claim suggesting restrictions based on differing surnames. A post on the social media platform X claimed that a person with an account on the website of the…
Oil prices rose slightly on Monday as strong summer fuel demand and rising geopolitical tensions helped offset the impact of a stronger dollar.Brent futures for August delivery rose 53 cents to $85.77 a barrel, representing a gain of 0.6% by 11:38 a.m. EST (1538 GMT). Meanwhile, US crude futures rose 65 cents to $81.38 a…
India recorded a current account surplus in the last quarter of the last financial year due to higher service income. Additionally, the Reserve Bank of India (RBI) on Monday said the overall current account deficit for FY2024 has narrowed due to decline in goods trade deficit. India’s current account deficit (CAD) declined to 0.7 per…
According to the HSBC survey, the final manufacturing, services and composite purchasing managers’ index (PMI) figure rose 0.4 percentage points to 60.9 in June, compared with a revised figure of 60.5 in May.According to a survey, business activity in the country became stronger in June due to growth in manufacturing and services sectors and the…
Shares of Vodafone Idea rose 3.51 percent after the telecom service provider reported it met its 5G rollout obligations across all circles. The company has 5G spectrum in 17 circles and has met the rollout needs for both spectrum bands.According to CNBC Awaaz, Vodafone Idea has completed network testing in both spectrum bands conducted by…
India is poised to reconsider its stance on tobacco alternatives following intense debate over their role in public health and regulatory frameworks. The Policy Consensus Centre’s latest report challenges India’s 2019 ban on products like heated tobacco systems and e-cigarettes, advocating for a regulatory approach instead. This shift comes amidst concerns over the impact on…
