Business

[ad_1] Gold has outperformed the broader Nifty 50 index over the past year, yet wealth managers caution that its growth may slow. (AI image) Gold bull run nearing end? Gold’s performance has surpassed the Nifty 50 index in the past year, with a 30.69% increase in rupee terms and 39.10% in dollar terms, compared to…

[ad_1] Embassy REIT CEO Aravind Maiya (File photo/ Embassy REIT website) MUMBAI: In a first of its kind order that can have implications for auditors, Sebi on Monday asked Embassy Office Parks Management Services, which manages Embassy REITs, to immediately suspend its CEO Aravind Maiya for failing to meet its “fit &proper” criteria for top…

[ad_1] Analysts expect markets to remain subdued on the back of several global events. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red in trade on Tuesday after Monday’s’ crash. While BSE Sensex dipped over 200 points, Nifty50 was shy of 24,000. At 9:17 AM, BSE Sensex was…

[ad_1] Goldman Sachs Group Inc tactically turned neutral on Indian equities from overweight last month. Foreign investors are souring on India’s stock market, selling a record amount of shares amid signs the South Asian nation’s post-pandemic economic boom is losing steam.Global funds pulled out more than $10 billion on a net basis in October, helping…

[ad_1] NEW DELHI: The country’s largest carmaker Maruti Suzuki is banking on a “few lakhs marriages” slated for Nov to carry forward the festive sales momentum, a senior executive said.The company clocked retail sales of 2,02,402 units last month, which is its highest for any Oct month on the back of festive sales, breaking the…

[ad_1] NEW DELHI: Gold is expected to deliver 15-18% return in the new Samvat year 2081, driven by positive economic factors and safe-haven demand, analysts said. Diwali marks the start of the Vikram Samvat year, the new year according to one of the Hindu calendars that is followed mainly by the Gujarati trading community. Samvat…

[ad_1] NEW DELHI: Govt has infused around Rs 1,650 crore in state-owned RINL, gripped with operational and financial issues, according to an official document. Govt is also taking various measures to keep RINL as a going concern, the ministry of steel said in a note. “In this regard, govt of India has infused Rs 500…

[ad_1] Niva Bupa Health Insurance Company Ltd (previously known as Max Bupa Health Insurance Company) on Monday announced a price band of Rs 70-74 per share for its Rs 2,200 crore IPO, which will be open for bids from November 7 to November 11. Anchor investors can bid for one day on November 6.The issue…

[ad_1] BENGALURU: Dehaat, the largest agritech startup in terms of valuation, has reported a 36% increase in its overall revenue to about Rs 2,720 crore in the financial year ended March 2024.While sale of agri-input goods stood at Rs 545.82 crore in the reported period, sale of agri output goods stood at Rs 2,121.61 crore,…

[ad_1] Top 10 largest economies in the world: In 2029-30 (FY30), India would have moved up the ranks to become the world’s third largest economy, according to the IMF estimates. In fact India would have achieved the third rank in the list of the top 10 largest economies in the world by 2028 itself, as…