BUSINESS

China opens its borders to import billions of dollars of gold

China has allowed domestic and international banks to import large amounts of gold into the country, five sources familiar with the matter said, potentially helping to support global gold prices after months of decline. China is the world’s largest consumer of gold, buying hundreds of tons of precious metal worth billions of dollars each year, …

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Travel

Travel in all these cities including Leh, Jammu in Rs 1400

Travel- Indigo Airline: If you are also planning to travel in the next few days, it is now even easier for you to travel. Indigo airline has started offering direct flights on many routes. It includes many cities including Jammu, Leh, Indore, Shillong, Jodhpur and Prayagraj. Declaration issued by the company The company has issued …

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FIIs raise stake in more than 60% of Nifty50 firms by March, ownership returns to pre-COVID levels at Nifty500

Foreign institutional investors (FIIs) who converted total retailers last month poured $ 7.3 billion into Indian markets in March quarterly, data from Motilal Oswal showed, while local institutional investors recorded a $ 3.2 billion outflow. FIIs increased the figure to more than 60 percent of Nifty-50 companies in QoQ, while DIIs reduced participation to 62 …

FIIs raise stake in more than 60% of Nifty50 firms by March, ownership returns to pre-COVID levels at Nifty500 Read More »

As bitcoin goes down, Elon Musk shares tweets of ‘diamonds’ meaning that Tesla will not sell his stake

Tesla CEO Elon Musk has released a mysterious tweet using emoji stating that he has no plans to sell his stake in bitcoin, even though the world’s most popular cryptocurrency sank by 30 percent on May 19th. Musk seemed confident about not trading with Tesla’s crypto with his latest tweet, even though there were widespread …

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Trading commission halved in Abu Dhabi, second cut this year

The Abu Dhabi Securities Exchange (ADX) said on Saturday they would reduce their trading commissions to 0.025% from 0.05% from September 1, the second exchange commission cut this year and the third in three years. Both ADX and Dubai Financial Market (DFM), in separate statements, also said they would increase trading hours by one hour …

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American senators criticize Apple for not testifying on issues of concern

Apple Inc is refusing to testify at the upcoming U.S. Senate conference on competition issues related to mobile app stores, leaders of both sides of the team said on Friday. App makers have long accused the Apple Store of iPhones and iPads, as well as the Google Play Store for Android devices, of engaging in …

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Devyani International IPO: KFC, Pizza Hut driver problem written 3.74 times over Day 2

The public offering of Devyani International, KFC operator and Pizza Hut for fast food services, is now 3.74 times higher as it has received 42.14 crore equity bids compared to the IPO size of 11.25 crore shares, trade-related data is available for trade. August 5th. Commercial investors continued to exacerbate the IPO madness as the …

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IDFC First Bank is annoying investors as infra pain returns for Q1

Investors of IDFC First Bank Ltd are disappointed with the performance of the June quarter for the June quarter. The bank reported quarterly losses compared to profit expectations due to shortfalls in the major infrastructure loan account.The worst loans for private lenders have risen to 4.61% of its book from 4.15% in the previous quarter. …

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Chalet Hotels joins Climate Group programs connected to renewable energy, electric mobility

Chalet Hotels Limited (CHL) on September 21 said it was the first hospitality company in the world to join Climate Group’s programs related to renewable energy, energy efficiency and electricity flow. More than 500 companies around the world have joined the Climate Group’s efforts of RE100, EP100 and EV100 connected to renewable energy, energy efficiency …

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Housing prices rise only 1.4% in first 3 quarters of FY15: report

According to an analysis by CARE Ratings, housing prices have increased by just 1.4% in the first three quarters of FY 2021 compared to a GDP growth of 6.7% at a CAGR of 5.6% in the five-year fixed period. The analysis stated that due to consumer response from demand-side Kovid-19 restrictions and on the supply …

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