State Bank of India (SBI) on Monday, July 21, said it has successfully raised ₹25,000 crore through a qualified institutional placement (QIP). The board of directors of the national bank at a meeting approved the allotment of 30.59 crore (or 30,59,97,552) equity shares having a face value of ₹1 per share at an issue price…
Kolkata: Tea exports from India in FY 2024-25 rose by 2.85 per cent as compared to the previous fiscal, according to official data. Tea exports from the country rose from 250.73 million kg to 257.88 million kg. According to the latest data from the Tea Board, the export volume from North India reached 161.20 million…
JSW Steel, the country’s second-largest steel producer, on Friday, July 18 reported a consolidated net profit of ₹2,184 crore in the first quarter of the current financial year, up 158% from ₹845 crore in the same period last year. This sharp jump in profits was driven by good capital expenditure by the government in the…
New Delhi, Zinc prices rose by 5 paise to Rs 256.55 per kg in futures trade on Thursday amid strong spot demand. At the Multi Commodity Exchange, the price of zinc contract for August delivery rose 5 paise or 0.02 percent to Rs 256.55 per kg in a business turnover of 1,531 lots. Zinc prices…
New Delhi, Crude oil prices rose by Rs 9 to Rs 5,653 per barrel in futures trade on Wednesday as traders increased the size of their deals following strong spot demand. At the Multi Commodity Exchange, the price of crude oil contract for August delivery rose by Rs 9 or 0.16 percent to Rs 5,653…
New Delhi, Silver prices on Tuesday fell by Rs 256 to Rs 1,12,680 per kg as participants reduced their deals. At the Multi Commodity Exchange, the price of silver contracts for September delivery fell by Rs 256, or 0.23 percent, to Rs 1,12,680 per kg in a business turnover of 21,003 lots. Analysts said selling…
New Delhi, Aluminium prices rose by 65 paise to Rs 249.95 per kg in futures trade on Monday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery rose by 65 paise, or 0.26 percent, to Rs 249.95 per kg in a business…
Glenmark Pharma Share Price: Shares of Glenmark Pharmaceuticals Ltd surged 10 per cent on Friday after the company announced that it has signed an up to USD 2 billion deal with AbbVie to commercialise its under-development drug for treating cancer and autoimmune diseases, in one of the biggest transactions in the pharma sector. The stock…
Kolkata: Used car sales are expected to grow 8 to 10 percent in FY2025-26, according to a report by Crisil Ratings. The report said that due to increasing digital usage and better financial access, sales are likely to reach around 60 lakh units this fiscal. The ratio of used to new cars in sales has…
New Delhi, Life Insurance Corporation (LIC) has recorded a 14.60 percent year-on-year growth in individual premium in June 2025, much higher than the 12.12 percent growth in premium income of private life insurers, data from the Life Insurance Council showed on Thursday. In June 2025, LIC collected Rs 5,313 crore from individual premium, while the…
