Business
RBI policy decision tomorrow: Why central bank has its task cut out
The Reserve Bank of India's Monetary Policy Committee faces a challenging task as it gets ready to announce its policy decision on August 10.
The Reserve Bank of India's Monetary Policy Committee faces a challenging task as it gets ready to announce its policy decision on August 10.
Both benchmark indices fell on Wednesday due to a mix of factors. Here is all you need to know.
Gold Price Today 9 August 2023: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Wednesday. Check the latest city-wise prices here.
Data reveals a 69.71 percent year-on-year (YoY) surge in the combined bottom line of Adani Group companies.
At around 10:00 am, shares of Adani Wilmar were down 3.07 per cent to Rs 380.90 apiece.
Adani Enterprises has been considering a potential sale of its 44 per cent stake in Adani Wilmar for a few months.
At 9:30 am, the S&P BSE Sensex was down 218.97 points at 65,627.53, while the Nifty 50 traded 44.25 points lower at 19,526. Broader market indices also tumbled in the wake of increased volatility.
The S&P BSE Sensex ended 106.98 points lower at 65,846.50, while the NSE Nifty 50 settled 26.45 points lower at 19,570.85.
The company reported a consolidated net profit of Rs 2,115 crore in the April-June period, compared to Rs 1,158 crore in the corresponding period last year.
Air India's current logo, which features a red swan adorned with the distinctive orange Konark Chakra, is set to undergo a transformation.
Ambareesh Murty's journey in the world of business commenced in June 1996, when he joined Cadbury as a sales and marketing professional.
Moody's cut the ratings of 10 banks by one notch and placed six banking giants, including Bank of New York Mellon, US Bancorp, State Street and Truist Financial on review for potential downgrades.
The news of Ambareesh Murty's death was confirmed by Pepperfry co-founder Ashish Shah.
Economists predict that retail inflation will continue to rise in July, surpassing 6 percent – exceeding the RBI's upper limit.
Gold Price Today August 8, 2023: Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Tuesday. Check the latest city-wise prices here.
At 9:27 am, the S&P BSE Sensex was down 6.25 per cent at 65,947.23, while the NSE Nifty 50 was up 0.01 per cent at 19,599.70.
Elon Musk-led Tesla named Vaibhav Taneja as its accounting head and did not specify a reason for the departure of Zachary Kirkhorn, former finance chief, who had been with Tesla for 13 years.
The IPO opened on August 4, 2023, and will close on August 8, 2023. Its price band was set at Rs 705 to Rs 741 per share.
Sebi is considering a plan to seek more disclosures from conglomerates, especially regarding financial transactions involving unlisted entities.
The Nifty 50 index settled 0.41 per cent higher at 19,597.30, and the S&P BSE Sensex rose 0.35 per cent to 65,953.48.