High vegetable prices are expected to keep food inflation firm in the months to come.
In a bid to mount pressure on the government over imposition of local body tax (LBT), all trade organisations across Maharashtra have decided to observe a two-day statewide bandh from July 15.
Along with Lord Ganesha and goddess Laxmi, electronic gadgets will also enter the pantheon of Hindu gods this Diwali.
In the notice issued on Sunday, the ECI has notified the main organiser of the 'Auto Rajakanmar Iftar' event, Abubakar Siddique, for violating the election model code of conduct.
Equity trading volumes, both in the cash and derivatives segments, dropped in March amid wild swings in stock prices. The average daily trading volume for the cash segment (National Stock Exchange, or NSE, and BSE combined) fell by 16.3 per cent to Rs 1.07 trillion - the lowest since November 2023. Market players said the drop could have been sharper if not for the large block deals in companies such as ITC, Tata Consultancy Services, and IndiGo seen during the month.
The regulator has doubled the deposit money that a trader is required to keep with exchanges for trading in turmeric following unusual price movement.
'Liquid ETFs help in cash management by enabling a smooth transition between equity and cash within the same settlement cycle, as they trade in the same segment as equity.'
A day after empowered committee of state finance ministers expressed its determination to implement VAT from April1, traders on Tuesday said they will "gherao" Parliament on Wednesday in protest against the new "inflationary" tax system.
Adani group plans to invest about Rs 1.3 lakh crore across its portfolio companies this fiscal as it doubles down on its $100 billion investment guidance over the next 7-10 years to grow businesses, group CFO said on Tuesday. The investment across portfolio companies that range from ports to energy, airports, commodities, cement and media will be 70 per cent met through internal cash generation and the remaining through debt, Group CFO Jugeshinder 'Robbie' Singh told reporters in Ahmedabad.
Section of traders in Maharashtra on Monday night agreed to call off their prolonged agitation protest against the Local Body Tax after a meeting with Chief Minister Prithviraj Chavan in Mumbai.
'It is a fiercely fought battle, like our fiery chillies in Guntur.'
Social activists, small traders and farmers organised protests in various cities across India, seeking restriction on foreign players' participation in the retail sector.
An Uttar Pradesh government spokesperson said a formal order for all eateries along the Kanwar Yatra route in the state was likely to be issued soon.
According to police sources, Maoist rebels attacked Bamdah Bazaar under Chandramandi police station killing two traders and injuring some others.
The other members of the interim government will be finalised after consultations with various political parties, the press secretary added.
Moreover, the process to release those arrested between July 1 to August has started, and many have already been released, it added.
Market benchmarks Sensex and Nifty wilted under selling pressure on Friday after a five-day rally as investors pared exposure to banking, financial and consumer durable stocks amid mixed trends in global markets. Rising global crude prices, a depreciating rupee and persistent foreign fund outflows further weighed on sentiment, traders said.
Few in Varanasi expect the result to be different from 2014 and 2019. The only point of interest is whether Narendra Modi will increase his winning margin against his rivals.
The expectations of a borrowing cut by the government faded among bond-market participants after the general election results because they feel the compulsions of running a coalition may put pressure on the exchequer, according to dealers. The recent trend of moderate depreciation in the rupee's nominal effective exchange rate (NEER) might not persist if there are significant changes to the structural reform agenda.
pkeepers in many cities took out marches demanding a rollback of the government move on FDI in retail.
Fresh plans of privatisation or divestment in central public sector enterprises and public sector banks might take a back seat this financial year because these may require a large consensus among coalition partners.
Chief Minister Basavaraj Bommai appealed to people to celebrate Hindu new year Ugadi and 'Hosa Tadaku' festivals peacefully without disturbing law and order.
Speaking to reporters after meeting the family, he said, as MLA of the locality, Arvind Limbavali is said to have tried to settle things.
'During times of adversity, a brick becomes better than a stone. That is how I look at the election season.'
Domestic institutional investors pumped Rs 2.3 trillion into equities during H1 CY24. Of this, mutual funds contributed 80%.
The Local Body Tax replaces octroi.
The customary naadan or home-cooked meal is rather memorable fare.
Talks with government officials on VAT waiver fails.
Describing the unrest among party members as just the "tip of the iceberg," the report shed light on the underlying discontent within the BJP.
The trader's association, CAIT, which has called for a 3-day nationwide strike from Wednesday, has decided to present a petition to President APJ Abdul Kalam opposing the service tax levied on traders and the proposed value added tax from April 1, 20
Anti-corruption-activist-turned -politician Arvind Kejriwal has emerged as the 'new theme' for stock market traders.
Lewis Hamilton has actively supported the Black Lives Matter movement, calling out his own sport's initial silence over the killing of Floyd, who died after a white US police officer knelt on his neck last month.
From the Sensex basket, Larsen & Toubro, Maruti, Reliance Industries, Nestle, Bharti Airtel, UltraTech Cement, Kotak Mahindra Bank and JSW Steel were among the major laggards. Bajaj Finance climbed nearly 1 per cent higher.
"The 25,000 traders should avail of this opportunity and give the required information on a clear sheet of paper to the monitoring committee," Jaipal Reddy said.
She wondered whether reforms meant pointing guns at farmers and that there would be no shopkeepers in the localities.
The National Stock Exchange (NSE) on Tuesday said it has halved the lot size for trading derivatives contracts for the Nifty 50 index to 25 and also reduced the lot sizes of the Nifty Financial Services and Nifty Midcap indices as part of its periodic revision. "All contracts, i.e. weekly, monthly, quarterly, and half-yearly expires available for trading from the trade date of April 26, 2024, onwards will be with the revised market lot size," the NSE said, referring to applicability of the change for Nifty 50. The lot size in the derivatives segment refers to the fixed number of shares in a unit or group for which contracts are traded.
'The situation in Nuh could have easily returned to normalcy if the trader class wished so, but they didn't.'
Going ahead with its festive sales as per schedule, companies such as Flipkart, Jabong, and Myntra are having week-long Valentines' Day sales, offering discounts of as much as 80 per cent. Amazon India is also offering discounts of almost 40 per cent.
