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Source: Live Mint Gold and Silver Prices Today: Gold prices experienced a minor increase on Wednesday. The cost of 24 carat gold is Rs.7392.0 per gram, reflecting an increase of Rs.460.0. The cost of 22 carat gold is Rs.6886.0 per gram, which has risen by Rs.1510.0. The price change in 24 carat gold over the…
Source: Live Mint Kross Limited IPO; The Initial public issue that opened for subscription on 9 September closes today. The Kross IPO had been subscribed 2.73 times by Day 2 with retail portion having been subscribed 4.15 times. It had been subscribed 0.03 times in the QIB category, and 3.03 times in the NII category….
Source: Live Mint US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that…
Source: Live Mint Stock market today: On Tuesday, the Indian stock market extended its gains for the second consecutive trading session. The Nifty 50 rose by 0.42 percent, ending the day above the 25,000 mark at 25,041 points. The BSE Sensex also closed higher, climbing 0.43 percent to reach 81,912 points. Trade setup for Wednesday…
Source: Live Mint I’m planning to return to India after working abroad for 35 years. I have some FCNR deposits. I have been advised to convert them to RFC deposits upon my return. Like FCNR deposit interest, is RFC deposit interest also tax free?—Name withheld on request Returning Indians have the option to convert their…
Source: Live Mint Information technology (IT) services companies will likely report muted revenue growth at four to six per cent in the current fiscal year 2024-25 (FY25) for a second consecutive year. Despite the challenges, domestic credit rating agency ICRA projects the sector’s operating profit margin (OPM) to remain healthy at ~22 per cent in…
Source: Live Mint Action Construction Equipment Share Price Today: Shares of Action Construction Equipment Ltd snapped their four-day losing streak on Tuesday, September 10, after receiving new work orders from the Ministry of Defence. The midcap construction machinery manufacturing company’s stock price has risen nearly 76 per cent in the last one year on growth…
Source: Live Mint US stocks were mixed on Tuesday ahead of key inflation data later this week. The latest data could provide clues on the size of the expected interest rate cut by the Federal Reserve on September 18. As of 9:40 a.m. Eastern time, the Dow Jones Industrial Average was down less than 0.1…
Source: Live Mint Ventive Hospitality, a company specializing in luxury assets within both business and leisure segments, has submitted its draft red herring prospectus to the market regulator SEBI, seeking to raise funds through an IPO. The company’s IPO includes a fresh equity issuance of up to ₹2,000 crore, with a face value of ₹1….
Source: Live Mint The Toronto International Film Festival expects to generate seven times more sales of movies, television series and video-game projects within the next five years, after launching a market to facilitate such transactions. Unlike the Cannes and Berlin film festivals, which have programs and areas dedicated to selling new projects, the Toronto event…
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