Market and Business News

New delhi date. 18 February 2021, Thursday Exports from India to the US have been steadily increasing for the last four months. Seeing that, it can be said that the demand for Indian goods is increasing in America. According to available data, December saw a 14.2 per cent increase in exports over the same month last year. However, exports to the US declined from April to August last year due to the epidemic. As a result, exports to the US fell 11.3 per cent during the April-December period of the current financial year compared to the same period last year. Imports from the US also declined by 20.1 per cent during the period. During the period, India exported અમેરિકા 51.19 billion (approximately Rs. 3.69 lakh crore) to the United States. While imports were valued at .3 27.39 billion. During December, India exported ખાતે 4.89 billion (approximately Rs 35,208 crore) to the United States. Which dec. Was 4. 4.28 billion during 2019. Imports stood at 2. 2.78 billion in December. Which...

(Gujarat News Office) Mumbai, Ta. 17 February 2021, Wednesday Prices of various domestic and imported edible oils rose in the Mumbai Oilseeds market today. However new demand was slow. World market news was encouraging. Manufacturing establishments were also firm. In the Mumbai market today, scattered trades of imported palm oil at hawala-resale ranged from Rs 115 to Rs 115 per 10 kg in ready delivery. Soyoil traded between 1,150 and 115 tonnes for February and March deliveries of about 500 to 700 tonnes. In the global market, palm oil futures rose in Malaysia today, closing at 4.5 and 6 points higher in various deliveries, while soybean prices were up 16 points, soymeal 12 points, soyoil 12 points and cotton 7 points higher in the US agricultural markets overnight trade. Soybean prices were seen bouncing as soybean crushing figures came in bullish. Soybean oil prices rose another 20 to 5 points in the projection this evening, while soybean and soymeal prices were also in the proje...

(Gujarat News Correspondent) Mumbai, Ta. 17 February 2021, Wednesday Governments in India are now alarmed by the influx of African-Brazilian cores in Kerala and Maharashtra and the alarming rise in the number of positive cases, with fears of another massive lockdown in the coming days, including Mumbai-Maharashtra, and early warning to governments to do so. Today, for the second day in a row, funds continued to ease bullish trading in caution. With petrol prices rising to Rs 100 per liter and diesel prices soaring in the coming days, the funds booked huge profits today, avoiding bullish new trades as a precautionary measure to create a challenging situation for the central government in the face of rising inflation. While the farmers' agitation over the agriculture bill has continued, the privatization of PSU banks by the government has given the agitators one more chance in the country. In the coming days, experts began to ease the booming trade. In banking-finance, IT, pharma a...

(Gujarat News Correspondent) Mumbai, Ta. 16 February 2021, Tuesday As the state of corona transition is deteriorating again in states including Maharashtra and Gujarat and positive cases of corona are on the rise by Maharashtra Deputy Chief Minister Ajit Pawar and the mayor of Mumbai, the situation is likely to worsen in the coming days. The bullish trade eased as trade showed caution. After the central government announced measures to push ahead with economic reforms in the budget, the country's four PSU banks Bank of Maharashtra, Indian Overseas Bank, Bank of India, Central Bank of India yesterday signaled privatization. After a new history of index-based gains in oil and gas stocks, profit-booking in IT-software services, consumer durables stocks washed out at the end of the day, the Sensex fell 4.5 points to 3109.15 and the Nifty spot was up 1.50 points. Sensex jumps 3 points in early rally, sets new history Trading started strong today. Reliance Industries, Maruti Suzuki, ...

(Gujarat News Office) Mumbai, Ta. 16 February 2021, Tuesday The prices of imported edible oils rose in the Mumbai oilseeds market today. Indigenous edible oils were also firm. However, fresh demand fell in the Mumbai market today and imported palm oil was traded at Rs 1,115 to Rs 115 per 10 kg at a hawala resale. World market news was encouraging. Meanwhile, the government has made changes in the tariff value used as a benchmark to calculate the import duty on edible oils imported domestically. Such tariff value has increased in palm oil while such tariff value has decreased in soyoil. This has led to an increase in the effective import duty on palm oil while a decline in soyoil, market analysts said. Meanwhile, palm oil futures in Malaysia today closed lower by 9 points at the end of the day after rising. In the US agricultural markets, soyoil futures were in the projection of 5 to 20 plus in the projection this evening. Soybean and soymeal prices were also higher in the evening i...

Mumbai, Ta. 16 February 2021, Tuesday By the end of March, the number of non-banking finance companies (NBFCs) in the country under stress is expected to reach 3 to 4.50 per cent of their total assets under management. The number of loans under stress is estimated at Rs 1.50 trillion to Rs 1.50 trillion, according to a report by ratings agency Crisil. However some regulatory measures such as restructuring of loans will limit the increase in gross non-performing assets. The Reserve Bank has taken some steps to prevent Corona from affecting the loan book. Corona has affected most of NBFC's assets, which were not seen during the previous crisis. During the first quarter of the current financial year, i.e. from April to June, the operations of NBFCs were almost disrupted. The loan disbursement and recovery operations were halted due to Corona. Although the recovery of loans has improved since the second quarter, the recovery rate is still not at the previous level due to slower ca...

Mumbai, Ta. 16 February 2021, Tuesday If the government sells its entire stake in Bank of India (BOI) and Indian Overseas Bank (IOB), it will be able to raise about Rs 2 crore today. The government has announced plans to privatize at least two public sector banks in the next financial year. The government has set a target of raising Rs 1.5 lakh crore through disinvestment in FY 2021-2. It is yet to be officially announced which bank the government intends to privatize, but it has so far compiled a list of four banks, including Central Bank of India, Bank of Maharashtra, Indian Overseas Bank and Bank of India, government sources said on Monday. . If the Bank of India and Indian Overseas Bank reduce their stake to 21 per cent, the government could get a total of Rs 1,200 crore from both. Similarly, if the stake in Bank of Maharashtra and the Central Bank of India is reduced to 21 per cent, the government could get Rs 50 crore, according to rating agencies. The government currently ...

New delhi date. 16 February 2021, Tuesday Unlisted companies will soon have to submit their financial details to the Registrar of Companies during the regular period. Companies which are not listed themselves but whose subsidiaries are listed on the stock exchange are included in the issue. Tata Sons and Bharti Telecom are among such companies. The exercise is being conducted under a new provision of the Companies Act. According to government sources, listed companies regularly make all announcements, including financial results, but their holding company only submits annual financial statements, even after 18 months. This step will be taken to eliminate this disparity of information. In the Companies Act Amendment 2020, the Ministry of Corporate Affairs has added a new provision, Section 12A. Under this, the government may ask certain categories of companies to prepare economic results at regular intervals. As per the provision, such companies have to provide a copy of the result t...

(Gujarat News Office) Mumbai, Ta. 16 February 2021, Tuesday In the Mumbai gold-silver market, silver gained today. Against the gold prices were falling and rising again. In the currency market, the dollar was trading at Rs 4.5 against the rupee today. In the global market, however, gold prices fell from ૮૨૨ 15 to ૮૨૩ 15 an ounce to ૮ 1,215 to ૮ 1,215 this evening, while global silver prices fell from ૬૬ 4.5 to ૬૭ 7.5 to ૬ 2.50 to ૬ 2.31 this evening. Prices rebounded on lower domestic demand, despite global markets falling sharply. The rise in the dollar index in world markets led to a sell-off in gold. Platinum prices fell sharply to below ૩ 1,300 this evening from ૨૯૭ 15 to ૨૯૮ 15 and palladium prices from ૨૪ 215 to ૬ 215 this evening were થી 60 to 71. In the Mumbai market, gold excluding GST today closed at Rs 815 per 10 grams at Rs 305 and Rs 305 at Rs 8.50 per 10 grams. Silver, on the other hand, closed at Rs 305 per kg, excluding GST. The prices of these two precious metals,...

- The decision may be taken by the Central Government on March 4 New delhi date. 16 January 2021, Tuesday A headline for jobs is coming up. In the financial year 2020-21, the interest of the Employees Provident Fund is to be reduced once again. If that happened then it would be a major setback for millions of salaried employees. So far EPF subscribers who were worried about not getting interest till last year are now going to be hit twice. Interest earned on EPF will decrease According to sources, a large number of people have withdrawn EPF during the Corona epidemic. Contributions have also declined in the meantime. As a result, EPFO ​​may decide to reduce rates. The EPFO ​​Central Board of Trustees (CBT) will meet on March 4 to decide on the new rates. In such an environment, reduction in rates is being considered. Interest rates will be decided on March 4 EPFO's earnings have been badly affected in FY20. EPFO trustee Raghunath said the Central Board of Trustees would meet...

New delhi date. Tuesday, February 16, 2021 The stock market continued its rally, opening higher on the second day of trading today. The BSE Sensex opened 308.17 points or 0.59% higher at 52462.30. At the same time, the NSE Nifty opened 56.57 or 0.37% higher at 15,371.45. 991 stocks rallied in early trade. 353 stocks declined and 60 stocks remained unchanged. The domestic stock market closed at an all-time high on Monday after a day of ups and downs. The Sensex closed at 52,154.13, up 609.83 points. The Nifty closed 151.40 points, or 1.00%, higher at 15,314.70. The market remained bullish last week. Last week, the Sensex climbed 812.67 points, or 1.60 per cent. The total market capitalization of seven of the top 10 Sensex companies rose by Rs 1,40,430.45 crore.

New Delhi, 15 February 2021 Monday In her budget speech, Finance Minister Nirmala Sitharaman said that the government was aiming to privatize two public sector banks, now three government sources said that among them were Bank of Maharashtra, Bank of India, Indian Overseas Bank and Central Bank of India. Included. Mostly the government avoids privatization in the banking sector as it is also politically dangerous for the government. Although the Modi government has taken this bold decision, the government will take action to sell two of the four banks in the financial year starting April. While the government has selected small banks to gauge the mood of investors, the government may consider privatizing large banks in the near future. At present, Bank of India has about 50,000 employees, Central Bank of India 33,000, IOB 26,000 and Bank of Maharashtra 13,000. This privatization process can take up to 6 months. Although the government will retain SBI, the country's largest ba...

New Delhi, 15 February 2021 Monday The countrymen have been hit hard by inflation on the first day of this week, with the price of LPG cylinders going up by Rs 50, while petrol-diesel prices have also gone up by 26 paise per liter. Following the hike, the price of a 14.2-kg unsubsidised domestic LPG cylinder has gone up to Rs 769 from Rs 719 earlier, with effect from today. On the other hand, petrol and diesel prices have been rising steadily across the country for the past one week. Even on Monday, the price of petrol and diesel in Delhi has gone up by 26 paise per liter. The figure is seen to be close to 100. Crude oil prices are also steadily rising, although the price of petroleum in India, which depends on the next crude oil in the Indian basket, has a price effect after 20 to 25 days. The prices of petrol and diesel in the four major cities of the country are as follows Major cities petrol - diesel Delhi 88.99 - 79.35 Mumbai 95.46- 86.34 Chennai 91.19- 84.44 Kolkata 9...

New delhi date. 15 February 2021, Monday The stock market has reached a new record high today. The BSE Sensex opened 363.45 points higher at 51,907.75 and reached 52,036.14 while the Nifty opened 107 points higher at 15,297.10. Analysts believe that the domestic stock market is showing signs of recovery on the back of strong signals from overseas markets. After the general budget, there has been a tremendous recovery in the domestic market and a sharp rise in the weekly level for two consecutive weeks. The Sensex was trading at 52,022.57, up 478.24 points or 0.93% from the previous session at 9.23 am. The Nifty gained 128.30 points, or 0.85%, to 15,291.60 from the previous session. The 30-stock BSE benchmark Sensex opened 363.45 points higher at 51,907.75 points from the previous session and jumped to 52,036.14. Meanwhile, the Sensex touched a low of 51,886.46. Sensex soars 524.61 points, currently at 52,068.91. Nifty up by 138.80 points, currently at 15,302.10. pic.twitter.com/y...

- Multinational, IFGL Refractories Ltd., a 5 per cent promoter holding, a 107 per cent increase in net profit for the first nine months from April to December 2020, against the expected EPS of Rs 5 for the full year 2020-21 and Rs 2 against the expected book value. P / EA available at only 10.15 (Gujarat News Correspondent) Mumbai, Saturday With the success of the Corona outbreak, efforts by various countries to get the global economy back on track are beginning to pay off, with recent reports that the Corona virus is spreading in a new form, raising concerns around the world. Global markets are also likely to see a boom in the coming days as corona cases re-emerge, with further development in vaccines so far inevitable and a look at how fast the vaccination program can move forward. Foreign portfolio investors' (FPIs) major buying figures in Indian stocks are now disappearing. Which is a sign of caution. Indian stock markets have seen record-breaking bullishness subside over th...

(Gujarat News Office) Mumbai, Ta. 13 February 2021, Saturday New demand was seen in the Mumbai oilseeds market today. Trades were slow. World market news, however, showed strength. In the Mumbai spot market today, the price of 10 kg of cingulum oil was trading at Rs. The price of cingulum oil at Rs 30-40 was reduced to Rs 70-80 today by the manufacturing companies. The price was 15 kg while the price of 10 kg loose was Rs. There, the prices of cotton washed ranged from Rs 1,050 to Rs 105, though Rs 105 to Rs 1,050. Peanut prices were Rs 70 to Rs 150 per quintal today. Cottonseed oil prices remained quiet at Rs 1,150 in the Mumbai market today. The price of mustard was quoted at Rs. Imported palm oil was priced at Rs 1,100 and crude palm oil CPO Kandla was priced at Rs 1,013. Soyoil prices were at Rs 1,150 for digam and Rs 1,150 for ref. The price of sunflower was Rs.150 and Rs.150 for ref. Coparel was priced at Rs 12 per 10 kg. Mumbai spot castor prices were fluctuating narrowly t...

Mumbai, Ta. 13 February 2021, Saturday India's crude palm oil imports in January grew by 7.5 per cent year-on-year to 6.5 lakh tonnes. In January last year, the figure was 6.5 lakh tonnes, according to the Solvent Extractors' Association of India (C). Since November last year, the import duty on crude palm oil has been reduced from 7.50 per cent to 7.50 per cent. While the duty on soft oil has been maintained at 5 per cent, which has led to an increase in palm oil imports. India's palm oil imports are mainly from Malaysia and Indonesia. In January, the country imported 4.5 lakh tonnes from Malaysia and 2.50 lakh tonnes from Indonesia. Overall imports of edible oil fell by 3% to 10.4 lakh tonnes in January. Soybean oil imports fell sharply to 8 tonnes in January from 2.50 lakh tonnes in January last year. Argentina has seen a decline in soybean oil imports due to logistical disruptions. The truckers' strike in Argentina in November 2020 had a major impact on loading...

(Gujarat News Office) Mumbai, Ta. 13 February 2021, Saturday The bullion market in Mumbai gold-silver market was officially closed today due to Saturday. In the closed market, however, the shock was absorbed by the world market and prices were quoted higher again. Gold prices in the world market fell from ૮ 1,215 to ૮ 1,215 an ounce to ૮ 1,215 to ૮ 1,215 an ounce and then rose again to ૮૨૪ 15 to અંતે 12 over the weekend. Silver also traded lower at ૬ 4.05 to ૭ 2.05 an ounce, down from ૦૧ 2.01 to ૨ 2.08 an ounce in the previous session. As the world market soared, the domestic market was reduced to precious metals. World market analysts said that the rise in crude oil prices over the weekend by 2.5 per cent to above 8 a barrel has also had an impact on gold prices in the global market. Meanwhile, in the Ahmedabad market, gold prices rose by Rs 200 to Rs 2,100 per ounce and Rs 800 per ounce. While Ahmedabad silver was being traded at Rs. In the Mumbai market today, gold without GST ...

Mumbai, Ta. 13 February 2021, Saturday Despite the approval of up to 50 per cent increase in air fares, the airlines are unlikely to reap the benefits. The continued rise in crude oil prices will limit the benefit of the fare hike for airlines, aviation sources said. However, the benefit of the fare hike will be available only when airlines continue to operate at 50 per cent of capacity. If this percentage is raised to 50 or 100 per cent, it will push for a reduction in fares as the number of passengers is still low. Currently running the fourth quarter of the financial year which is usually a weak period. The average daily number of passengers landed at 7.5 lakh on the weekend of February 8, as against 6.5 lakh on the weekend of January 30. On the other hand, the number of departures was a daily average of 311 in the week of January 30, which was a modest increase to 215 in the week of February 8. At present most of the passengers in the airline are friends or relatives, there is...

Mumbai, Ta. 13 February 2021, Saturday After the presentation of the budget for the financial year 2021-2, the mood of the country's industry is showing a one-sided improvement while the mood of the consumers has weakened. The Consumer Sentiments Index fell 2.50 per cent in the week after the budget was released, indicating a sharpening of consumer sentiment, according to a report by the Center for Monitoring Indian Economy (CMIE). In the full week since the Union Budget was released, the Consumer Sentiments Index has declined by 2.50 per cent while the equity market has risen by 3 per cent. The country's consumers have not been particularly affected by the budget. On the contrary, he has expressed his displeasure with the budget. Of the survey participants, 2.50 per cent expected their income to deteriorate in a year. In the week before the budget, the figure was 8.50 per cent. Of the survey participants, only 2.50 per cent expected their income to grow in a year. 3.50 pe...

New Delhi, Saturday 13 February 2021 In some cities of the country, the price of premium petrol has crossed Rs 100 on Saturday. These cities also include Bhopal. Meanwhile, Petroleum Minister Dharmendra Pradhan on Saturday blamed oil-producing countries for artificially raising prices. Retail prices of petrol and diesel are at an all-time high, and opposition parties are slamming the government over rising fuel prices. "As crude oil becomes more expensive, we are facing challenges in terms of prices," he said. The minister is here to attend the inauguration of a petrochemical park at the BPCL Kochi refinery by Prime Minister Narendra Modi on Sunday. He said the Covid-19 lockdown had led to a drop in global demand for petroleum products and forced petroleum producers to reduce production. He further said that now the economy is back on track and India is back to almost pre-covid-19 state. However, oil producers have not increased production. "I am saddened to say tha...

New Delhi, Saturday 13 February 2021 Toll tax Toll tax will be paid only on FASTag from Monday 15th February at toll plazas across the country. If your vehicle does not have FASTag, you will get a big hit. Because vehicles without FASTag will be charged double toll tax. It is noteworthy that the government has extended the deadline for implementation of FASTag several times. The government made FASTag mandatory from January 1. But the FASTag was extended to 15 February 2021 for four-wheelers across the country, giving vehicle owners some relief. But now the system of paying toll tax from FASTag from February 15 without any relief has been implemented. This would be a double tax Giridhar Arman, Secretary, Ministry of Road Transport and Highways, has written a letter on February 12 to the NHAI, the Regional Officers (ROs) posted in the states and the Chief Secretaries of all the states. It said the central government was going to make the payment of toll tax mandatory on toll plazas...

New Delhi, 11 February 2021 Thursday The good news for air travel enthusiasts is that their flight tickets will now be 30 per cent more expensive, due to the government raising the minimum and maximum fares for various routes, up to 10 per cent on minimum fares and up to 30 per cent on maximum fares. With the increase announced, the government has made it clear to the airlines that by March 31, 2021, domestic flights will be operated at 80 per cent capacity. Because of this the government increased the Air Fair The government said the main reason for the increase in air fares was the increase in the price of jet fuel, adding that the new air fares would remain in force until all flights flew at 100 per cent capacity. Now the ticket fare for the flight from Delhi to Mumbai will be between Rs 3,900-13,000 instead of Rs 3,500-10,000. Fares for 40-minute flights range from Rs 2,200-7,800, while flights for 40-60 minutes cost Rs. Between Rs 2,800-9,800, 60-90 minute flight fare is Rs....

New Delhi, 11 February 2021 Thursday Bitcoin, the world’s largest cryptocurrency, is becoming very popular among investors who would have bought it 10 years ago to become millionaires today, the coin has risen from એક 1 to, 48,226 in the last 10 years. According to Mint, the digital currency Bitcoin was launched in 2009, first reached one dollar on February 9, 2011 and then reached 48226 on February 9, 2021. Compared to the Sensex, the Sensex rose 191.76 per cent in 10 years, from 17,592 to 51,329 points, according to data from Goldprice.org. Bitcoin has become one of the best performing assets in a decade.

Mumbai, Ta. 10 February 2021, Wednesday Given the high fiscal deficit and the slowdown in consolidation, India's medium-term growth outlook could play a key role in assessing India's sovereign ratings, said global ratings agency Fitch. The budget for the next financial year has directed the fiscal policy to be relaxed to support the economic recovery. Corona has plunged the country's economy into a deep recession, forcing the government to increase public debt to get it out. Debt to Gross Domestic Product (GDP) remains important in assessing sovereign ratings, Fitch said in a statement. Fitch downgraded India's BBB-rating outlook from stable to negative in June 2020. The reshuffle came in the wake of Corona's impact on India's public debt arithmetic. When India entered the Corona era, its fiscal scope was very limited in terms of ratings. In 2012, India's public debt was 9% of GDP. In the next five years, the figure is likely to rise to more than 30 pe...

Bangalore, Ta. 10 February 2021, Wednesday The current year has also seen a sharp decline in the export of roses, a symbol of love, as Corona has hit the export of many goods from the country. Roses are widely exported from India for Valentine's Day. India's roses are in high demand in the UK, Europe and Australia. According to an official of the Indian Society of Floriculture Professionals, one crore branches of roses were exported from the country last year. About 5 to 20 per cent of the annual income from rose exports comes during the Valentine's season. Most of the roses are exported from the country to Pune and Bangalore. Normally, 50 lakh twigs are exported from Pune, which is expected to reach 3 to 4 lakh this year, the official said. Corona has doubled the cost behind the export of flowers. The cost of shipping flowers from Bengaluru and Pune to European countries, which used to be Rs 5 to 20 per kg, has now risen to around Rs 200 to Rs 50. This was preceded by...

(Gujarat News Office) Mumbai, Ta. 10 February 2021, Wednesday The Mumbai gold-silver market witnessed a rebound today on rising prices. World market news was showing a decline due to rising gold-silver prices. However, short supply of platinum in the global market today pushed the price from ૮ 1,150 to ૮ 1,171 an ounce, surpassing the 1,300 level, hitting a six-year high of ૨૨૭ 16 to સાંજે 12 in the evening, world market analysts said. Meanwhile, gold prices in the world market fell from ૮૪૨ 15 to આજે 16 today to ૮૩૮ 16 to સાંજે 17 in the evening, while silver prices in the world market today fell from ૨૭ 2.50 to ૬ 2.31 to ૨૭ 2.15 to ૮ 2.15. Even at home behind the world market, prices were under pressure today. In the Ahmedabad market, silver fell by Rs 1,200 per kg to Rs 2,000 today. Ahmedabad gold prices were quoted at Rs 200 for 10 grams at Rs 2.50 and Rs 200 for 2.50. In the Mumbai market, silver without GST was trading at Rs 6 per kg, while gold was trading at Rs 21 per kg, ...

Mumbai, Ta. 10 February 2021, Wednesday Sales volume through e-commerce increased by 3% in the last quarter of 2020, i.e. December quarter. The Personal Care, Beauty and Wellness segment saw the highest sales growth, according to a report. During the October-December quarter, the personal care, beauty and wellness and FMCG segments saw year-on-year growth of 3% and 3%, respectively, according to a report. The second and third tier cities have seen a 20 per cent increase in sales volume and value addition through e-commerce in the country, the news agency PTI quoted the report as saying. The volume of sales on popular e-commerce websites has increased by 3% in the December quarter of 2020 compared to 2016. The Corona era has seen a huge increase in online shopping through e-commerce. The lockdown imposed by Corona has resulted in a sweeping shift in consumer shopping practices as well as an increase in online platforms. The average order value of electronic goods increased by 12 ...

Mumbai, Ta. 10 February 2021, Wednesday The red onion season in the country is now almost over and the new onion crop is yet to hit the market while onion prices are likely to go up in the near future. Onion revenue in Asia's largest Lasalgaon onion market has dropped by fifty per cent. Onion income in Lasalgaon market has come down to 11,600 quintals against the daily average income of 5,000 to 2,000 quintals. Onion prices, which were hovering around Rs 500 per quintal at the end of January, are now hovering around Rs 200. Retail prices of onions in Maharashtra's major markets are currently hovering between Rs 5 and Rs 20 per kg. In early January, unseasonal rains damaged the onion crop. However, there will be abundant availability of onions in the current season and there will be no shortage, said an official of the Maharashtra State Onion Growers' Association. In October last year, the price of onion had reached around Rs 2,000 per quintal. However, the ban on onion...

(Gujarat News Office) Mumbai, Ta. 10 February 2021, Wednesday In the Mumbai oil and bean market, prices were seen colliding today amid bilateral fluctuations. At present, palm oil was traded at around Rs 1,100 to Rs 1,110 per 10 kg hawala resale, while direct delivery at the refinery traded at around Rs 1,200 to Rs 1,415 per tonne for February today. Meanwhile, palm oil futures in Malaysia rose 3 points in the global market today as palm oil prices rose by ૫ 5 to વિવિધ 20 in various deliveries. In the first 10 days of February, total palm oil exports from Malaysia were reported to have increased by 3 to 4 per cent. There, production fell by 12 to 15 per cent in January. However, the stock has risen by 3 to 4 per cent at the end of January, while total exports in January, however, declined by 3 to 4 per cent, while exports rose again in February. Meanwhile, soybean prices rose by 140 points in overnight trade in US agricultural markets, while soyoil prices rose by 3 points, soymeal ...

(Gujarat News Correspondent) Mumbai, Ta. 10 February 2021, Wednesday For the second day in a row, the market closed in the negative zone for the second day in a row after local fund-institutional investors started booking big profits with a flurry of stocks, breaking a new round of bullishness that began with the central budget yesterday. Local funds increased offloading in stocks yesterday against continued buying figures in foreign funds stocks. At a time when Indian stock markets have been in an overbought position for a long time and a major correction-reduction is certain, the move has been visible in the stock markets since the beginning of this week, signaling that the time has come. After the Reserve Bank of India (RBI) projected India's economic growth to be positive at 10.7 per cent for the year 2021 after the Union Budget, there are no new factors or events to bolster market sentiment. Funds have started offloading stocks. Capital goods frontline stocks were softening ...

New Delhi, 9 February 2021 Tuesday Withdrawals from mutual funds continued unabated, with equity mutual funds withdrawing Rs 9,253 crore for the seventh consecutive month in January, according to data released by the Mutual Funds Association of India on Tuesday. Invested. According to the data, the mutual fund industry has disbursed Rs 35,586 crore in net form across all continents during the period under review, compared to Rs 2,968 crore in December. Were.

New Delhi, 9 February 2021 Tuesday The government is preparing to reduce its stake in the non-strategic sector, bringing the number of public sector undertakings to about two dozen under this policy of privatization, currently numbering more than 300, out of which loss-making institutions will be shut down. Based on the recommendations made by the Policy Commission, the Cabinet will decide on the future sale of PSUs. The Policy Commission has been tasked with compiling a list of potential selling companies. Only a dozen public sector companies will be with the government. Of these, mainly banks and insurance will be in the general insurance sector. In his budget speech, the finance minister mentioned atomic energy, power, petroleum, coal and other minerals as well as banking, insurance and financial services as strategic sectors. Of these, 86 were under construction and 13 were closed.

New Delhi, 8 February 2021 Monday The BSE benchmark Sensex rose by 617.14 points, or 1.22 per cent, to close at a record high of 51,348.77 points, up 51,523.38 points in the previous trading session, boosting investors' wealth by 16.70 lakh crore. The boom has been seen since the day of the budget, which was released on February 1. The market cap of BSE-listed companies rose by a record Rs 16,70,154.05 crore to Rs 2,02,82,798.08 crore from February 1, while the BSE Sensex lost 5,063 points, or 10.93 per cent, to Rs 1 lakh crore. Passed on 28 November 2014.

New Delhi, 8 February 2021 Monday Gold has always been a partner in times of trouble, which is why people have been investing in gold for centuries. Today, the price of gold rose by Rs 94 to Rs 46,877 per 10 grams. Last week, it closed at Rs 46,783 per 10 grams. It has fallen by about Rs 9,300 from the time high, hitting a high of Rs 56,200 in August. This year has proved to be very good for gold (price of gold in 2020). Gold prices have risen about 28 percent so far this year. In August, gold-silver set a new record and touched its highest level. It is not only in India that gold prices have risen. Gold has risen 23 per cent in the global market this year. Earlier in 2019, the growth rate of gold prices was in double digits, this time too, the growth rate in gold prices is in double digits. Why the price of gold is falling The Covid crisis had created a climate of fear among investors and people turned to gold as a safe investment, although now that the Corona vaccine has arrived...

New Delhi, 8 February 2021 Monday Adani Airport Holdings Limited (AAHL), owned by Gautam Adani, a leading industrialist in the country, now owns Mumbai Airport after Mangalore, Lucknow and Ahmedabad. The company has bought a 23.5 per cent stake in Mumbai International Airport Limited (MIAL) for Rs 1,685.25 crore. The stake was bought by two foreign companies, ACSA Global Limited (ACSA) and Bid Services Division (Mauritius) Limited (Bidvest). AAHL has bought 28.20 crore shares of MIAL worth Rs 10 crore, Adani Enterprise said in a statement to the stock exchange. AAHL is a wholly owned subsidiary of Adani Enterprise. Adani Group's stake in MIAL will increase to 74% once the deal with GVK Airport Developers Ltd. is completed. The remaining 26 per cent stake in MIAL is held by the Airports Authority of India (AAI). MIAL was founded on March 2, 2006. The company is in the business of development, construction and operation of Chhatrapati Shivaji Maharaj International Airport. Late l...

New delhi date. 08 February 2021, Monday The stock market opened at a record high today. The Sensex opened 415 points higher at 51,146.67. Similarly, the Nifty opened above 15 thousand today. The Nifty opened 140 points higher at 15,064.30. The Sensex rose to a record high of 51,409.36 during trading and the Nifty touched a record high of 15,119.25. The NSE saw gains of about 1,123 stocks and declines of 271. Each sectoral index is seen in green. The Nifty Bank Index is up 2%. Similarly, the auto, PSU index has risen 1-1%. Apart from that, the Indian rupee also strengthened against the dollar on Monday. The rupee opened at 72.87 against the US dollar today. The rupee closed at 72.92 on Friday. The stock market has been steadily rising since the budget. The Sensex opened at 51,000 on Friday, the last trading day of the week. The Sensex closed 117.34 points higher at 50,731.63 at the end of trading. The Nifty closed 28.60 points higher at 14,924.25. The Bombay Stock Exchange's ...

(Gujarat News Correspondent) Mumbai, Ta. 06 February 2021, Saturday Prime Minister Narendra Modi's efforts to bring the Union Budget back to the path of rapid growth with self-reliance and Finance Minister Nirmala Sitaram and her foresight and no hindrance to foreign funds which is usually provided for in every budget are not brought back this time. Foreign funds have aggressively bought stocks, pushing the Sensex to 21,000 and the Nifty to 15,000. Along with this, the Reserve Bank of India (RBI) has confirmed the government's yes, keeping the repo rate unchanged on Friday and keeping GDP growth at 10.2 per cent, fueling the bullish sentiment. Of course, as the boom sets new records and stocks see extraordinarily high prices, attempts to maintain attractiveness in stocks by changing valuations are now surprising. In the name of reversing the re-rating-valuation, investors are now trying to pull prices at a favorable rate in the name of a change in re-rating-valuation. This ca...

Mumbai, Ta. 06 February 2021, Saturday For the week ended January 3, the country's forex reserves rose by ૮૫ 2.7 billion to a new high of. 20.12 billion. Foreign currency assets, a key component of the forex reserve, rose by ૩ 3.06 billion to ૨૨ 2.3 billion, according to Reserve Bank data. The country's gold reserves fell by ૬ 175 million to ૨૯ 2.3 billion, according to the data. The forex reserves increased by ૨ 150 billion to ૫૭૮ 5 billion in 2020. Corona led to a drop in crude oil and gold imports, while the country's capital market witnessed a sharp rise in Forex reserves in one year due to a massive influx of institutional investors, which continues in the current 2021 calendar. If the current growth rate of the forex reserves continues, it is likely to reach સપાટી 200 billion soon.

(By delegate) Mumbai, Ta. 06 February 2021, Saturday According to central government sources, it has been decided to expand the electronic national agriculture market (e-name) in the country. In the new financial year starting from April 2021, such coverage will be widened and about 1,000 more mandis across the country will be brought under the e-naming facility of such electronic national agriculture market, government sources said. The e-name is being expanded to increase the reach of farmers to multiple markets and to reach out to various buyers across the country, the sources said. The agriculture ministries have linked about 1,000 mandis in the country with e-names and in the recent budget presented to the finance minister at the Center, the government has decided to increase the number of such mandis to 5,000. Meanwhile, on a nationwide basis, about 13 million farmers and about 1.5 million traders have registered on such digital platforms, sources said. About 415 lakh tonnes ...