It’s 1-0 in the battle between Telegram vs WhatsApp. Recently the massaging giant, WhatsApp revised its Terms of Use policy which raised concern among different segments of the population. But much before the recent controversy, several brokerage and advisory firms have shifted to Telegram because of its wider customer reach and better admin control. In …
For a considerable part of 2020, gold price kept soaring. In the domestic market, the gold price even crossed Rs 50,000 marks for 10 grams of gold for the first time. However, for the last few trading sessions, both gold and silver futures prices dipped significantly following global cue as dollar strengthens and economies showing …
The last IPO of 2020 that made a market debut on January 1, 2021, traded 29 percent higher on its listing date. Anthony Waste Cell’s initial public offering was the last of 2020, was opened for subscription from December 21-23. Antony Waste Handling Cell, the second-largest solid waste management company in the country, hit the …
At the beginning of February 2021 itself, India set a record for crossing the 60 lakh figure for the Covid-19 vaccine administration in 24 days, the fastest in the world. Although 9,110 new Covid cases have been reported in recent days, the number was lower than that of recoveries (14,016). This amounted to the total number …
Growth forecasts are when financial tools are used to assess the economic conditions and future of a country. Growth forecasting is carried out by a variety of organizations on a professional level. However, within the last 60 years, public and private institutions across the world have developed a wealth of analytic tools to analyze the world’s …
Global stock markets have been on a sustained bull run in spite of the shadow of the coronavirus pandemic that has entered second waves in many regions. Indian stocks too have continued their bull run ever since the Union Budget was announced. The Sensex and Nifty, India’s benchmark indices opened Friday on record levels, at …
After a steep 4-day dip, gold prices continued to struggle today as well. Gold futures on MCX rose 0.3% to Rs 46,857/ 10 grams, whereas silver rose 0.6% to Rs 67,239/kg. In the last session, gold had dropped Rs 1000 or 2%/10 grams while silver had dropped Rs 1500 or 2.1%/kg. The precious yellow metal …
In a key turn of events for the Indian and global market, the Securities Exchange Board of India (SEBI) banned Future Group founder and CEO Kishore Biyani from accessing the securities for one year. Why has this happened, and what are the repercussions? Let’s find out. Why the ban? The move is a result of …
International brokerage firm Jefferies India predicted strong performance from Nifty in 2021, expects the index to grow 12 percent to touch 15,800 points milestone in December 2021. Amid favourable global backdrop, the domestic equity market is expected to rally to generate a healthy 14 percent return. Mahesh Nardurkar, MD and head of Jefferies India said …
In what has been an unprecedented time for global economies, billionaires worldwide saw their wealth grow by a massive $3.9 trillion between March 18 and December 2020, according to Oxfam’s ‘Inequality Virus Report’ that was released at the World Economic Forum in Davos. The world’s billionaire wealth collectively touched $11.95 trillion, the report said. What’s …
