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Market Updates - Angel One

Elevating India’s Agriculture: Historic MSP Increase Fuels Farmers’ Prosperity

Elevating India’s Agriculture: Historic MSP Increase Fuels Farmers’ Prosperity

19 October 2023

In a groundbreaking move aimed at transforming the agricultural landscape of India, the Cabinet Committee on Economic Affairs, under the visionary leadership of Hon’ble Prime Minister Shri Narendra Modi, has approved a momentous increase in Minimum Support Prices (MSP) for all mandated Rabi Crops for the forthcoming Marketing Season 2024-25. The government’s resolute commitment to …

Why Tejas Networks’ Latest News Deserves Your Attention Today

Why Tejas Networks’ Latest News Deserves Your Attention Today

18 October 2023

Tejas Networks Ltd, headquartered in India, is a globally recognized R&D-driven telecommunications equipment company. Specializing in the design, development, and manufacturing of cutting-edge optical and data networking products, Tejas Networks serves a wide range of clients, including telecom service providers, utility companies, government agencies, and defense networks. Press Release Digest: Key Highlights for You FibreConnect, …

Historic Contract: India’s First Coast Guard Training Ship by Mazagon Dock

Historic Contract: India’s First Coast Guard Training Ship by Mazagon Dock

18 October 2023

In a momentous event that unfolded on October 17, 2023, the Ministry of Defence orchestrated a groundbreaking contract that promised to reshape the horizon of maritime training for the Indian Coast Guard (ICG). Nestled in the heart of New Delhi, this pivotal agreement, valued at Rs 310 crore, was inked with none other than the …

Empowering India’s Future: REC’s Digital Revolution Partnership with NICSI

Empowering India’s Future: REC’s Digital Revolution Partnership with NICSI

16 October 2023

In a groundbreaking move, the Rural Electrification Corporation Limited (REC), now a ‘Maharatna’ company under the Ministry of Power, has forged a visionary partnership with the National Informatics Centre Services Inc. (NICSI), a subsidiary of the National Informatics Centre (NIC) operating under the Ministry of Electronics & Information Technology, Government of India. This Memorandum of …

Infosys Faces Tax Penalty Setback

Infosys Faces Tax Penalty Setback

16 October 2023

In a rollercoaster of a day for Infosys, the stock opened with a thunderous gap-down on Friday, leaving investors jittery. But what followed was nothing short of remarkable. Infosys, like a phoenix rising from the ashes, fought its way back from the abyss, clawing its way to an intraday high of Rs 1438. It defied …

India’s Trade Overview: September 2023 Exports, Trends, and Projections

India’s Trade Overview: September 2023 Exports, Trends, and Projections

16 October 2023

The Indian economy, one of the world’s most dynamic and diversified, is experiencing significant shifts in its trade dynamics. In September 2023, India’s exports, particularly in merchandise, demonstrated both strengths and challenges. This blog post delves into the latest trade statistics, showcasing India’s trade deficit, sector-wise performance, and the trends that are shaping the country’s …

Lloyd Metals and Energy makes a bold move by entering a new sector; details inside

Lloyd Metals and Energy makes a bold move by entering a new sector; details inside

12 October 2023

Lloyd Metals & Energy Ltd. (Lloyd) has announced its expansion into the renewable energy sector through the incorporation of a 100% wholly owned subsidiary (WOS) company named Lloyds Surya Private Limited (LSPL). LSPL will engage in the generation of renewable energy and other allied activities. Lloyd Metals & Energy Ltd (Lloyd) is a debt-free company …

Market Mystery: Surprising figures in NSE

Market Mystery: Surprising figures in NSE

12 October 2023

Did you know that the U.S. stock market and India’s NSE are worlds apart in many ways? Join us as we uncover fascinating insights, including a jaw-dropping revelation about one tech giant’s daily trade that could leave you wide-eyed. Recent Trends in the NSE Unlocking NSE’s Near-Monopoly: The F&O Trading Revolution The National Stock Exchange …

Empowering “Atmanirbhar Bharat” – Enhancements to the PLI Scheme for White Goods

Empowering “Atmanirbhar Bharat” – Enhancements to the PLI Scheme for White Goods

12 October 2023

India’s journey towards becoming self-reliant in manufacturing has been marked by a series of visionary steps, with the latest being a pivotal upgrade to the Production Linked Incentive (PLI) Scheme for White Goods. This scheme, aimed at encouraging the production of components and sub-assemblies for Air Conditioners (ACs) and LED Lights, has witnessed further refinements …

Empowering Mining: Cabinet Sets Royalty Rates for Lithium, Niobium, and REEs

Empowering Mining: Cabinet Sets Royalty Rates for Lithium, Niobium, and REEs

12 October 2023

Introduction: In a significant move towards unlocking India’s vast mineral wealth, the Union Cabinet, led by Prime Minister Shri Narendra Modi, approved a game-changing amendment to the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act). The amendment, passed by the Parliament in 2023, introduces groundbreaking changes to the regulation of critical and strategic …

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