New Delhi: India’s goods and services tax collections rose 9.9 percent to Rs 1.96 lakh crore in March this year compared to the same month last year, reflecting higher levels of economic activity and better compliance. Sequentially, GST collections were 6.8 percent higher than the Rs 1.84 lakh crore revenue recorded in February this year….
Bajaj Auto shares have rallied over 2%, hitting an intraday high of ₹8,039.65, as the market took note of the company’s investment in Pierer Bajaj AG (PBAG), the parent company of Austrian motorcycle company KTM. Overall, the launch reflects Bajaj Auto’s desire to strengthen its position in the premium motorcycle market. Strategic Investment DetailsBajaj Auto…
Gold prices hit a new all-time high in Vietnam on Monday morning, as global rates also peaked.The price of a gold bar from Saigon Jewellery Company rose 0.8% to VND101.5 million (US$3,968.72) per tael. One tael is equivalent to 37.5 grams or 1.2 ounces.The price of a gold ring rose 1.2% to VND101.6 million per…
Mandi prices of pulses and oilseeds fell below MSP, forcing the government to increase procurement. Prices of tur, chana and mustard declined due to favourable crop prospects and imports.Mandi prices of most varieties of pulses and oilseeds are trading below the respective minimum support price (MSP), forcing the government to increase procurement of these commodities…
UltraTech Cement shares rose marginally to Rs 11,639 per share on March 27. The company announced the successful launch of multiple brownfield expansions across India, further adding to its production capacity. In the past month, the stock of this cement giant has jumped 14 percent, significantly outperforming the benchmark Nifty 50 index, which registered a…
Hindustan Aeronautics (HAL) shares jumped over 3 percent on March 26 after GE Aerospace announced that it has delivered the first of 99 F404-IN20 engines for the Tejas Light Combat Aircraft Mk 1A fighter jet. HAL shares were trading at Rs 4,152 per share at noon. Speaking about the latest development, GE Aerospace said, “This…
IndusInd Bank share price dropped over 5% on Tuesday after the private lender said GST authorities in Thane district have imposed a penalty of over ₹30.15 crore on it for various issues. Shares of IndusInd Bank fell 5.32% to ₹633.55 on the BSE.IndusInd Bank, which is already facing scrutiny over derivative account anomalies, also said…
New Delhi, March 25 Silver prices rose by Rs 598 to Rs 98,091 per kg on Tuesday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 598, or 0.61 per cent, to Rs 98,091 per kg in a business turnover of 18,621 lots.Analysts said fresh deals by…
New Delhi, March 24 Silver prices rose by Rs 522 to Rs 98,406 per kg on Monday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 522, or 0.41 per cent, to Rs 98,406 per kg in a business turnover of 19,237 lots.Analysts said fresh deals by…
IDBI Bank shares rallied nearly 8 percent on March 21 with trading volumes double the 20-day average, pushing the stock to a nine-week high for the fifth consecutive session. According to DIPAM Secretary Arunish Chawla, the disinvestment process of IDBI Bank is still on and is expected to be finalised in the next three months….
