Competition in India’s cables and wires industry is set to intensify further. Shares of Polycab India Ltd., Havells India Ltd., and peers like RR Kabel, Finolex Cables will be in focus yet again on Thursday, March 20, after another conglomerate has announced a foray into this space. In an exchange filing on Wednesday, Adani Enterprises,…
Gold fluctuates around $3,035–$3,050, gaining after Fed holds rates and slows balance sheet reduction. Powell cites rising economic uncertainty and tariff-driven inflation; Fed anticipates two rate cuts in 2024. Geopolitical tensions mount as Russia-Ukraine ceasefire talks stall and Israel intensifies airstrikes, boosting safe-haven demand. Gold prices rallied sharply and hit a new all-time high of…
SEC to Drop Lawsuit Against Ripple, Confirms CEO Brad Garlinghouse Bitcoin.com News XRP price today surges: Ripple wins as SEC drops appeal – Will XRP skyrocket to new highs? The Economic Times XRP Jumps as Ripple CEO Brad Garlinghouse Says SEC ‘Case Has Ended’ Decrypt Ripple CEO claims US SEC to drop appeal against crypto firm India Today 🔥…
Senior executives at Hero MotoCorp are likely to have resigned amid mounting challenges facing the India’s largest two-wheeler maker by volume. Those who are likely to have resigned include Reema Jain — chief information and digital officer and member of the executive management team, Sameer Pande- (HR head for talent management), Swadesh Srivastava (CBO Emerging…
Shares of Bajaj Housing Finance Ltd., a Bajaj Group company and a unit of Bajaj Finance Ltd. are trading with gains of as much as 6% on Wednesday, March 19, extending their gains for the second day in a row. The stock is up 14% in the last one month and has nearly turned positive…
Live: Can Nifty reclaim 23,000 and extend recovery to the third day? | Opening Bell Markets recorded their biggest single-day gain in nearly two months, with the Nifty reclaiming 22,800 and the Sensex surpassing 75,300. All sectoral indices posted gains, while broader markets saw significant upward movement, with midcap stocks rising 2 percent and smallcaps…
The US Dollar is turning green and avoids a fresh five-month low in the US Dollar Index. Traders see Germany boost its spending by 0.5 trillion Euro. The US Dollar Index recovers from earlier declines as Putin and Trump are talking. The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against six major…
BYD, China’s leading electric vehicle (EV) maker, saw its market capitalisation surge to almost $162 billion on Tuesday, March 18, after unveiling a new battery and charging system that charges almost as fast as refuelling a conventional car. The surge in BYD’s stock pushed its market capitalisation beyond the combined market value of India’s top…
Satellite capacity offered by Starlink is anticipated to be substantially higher, approximately 80-90 times more than competitors Elon Musk-led Starlink’s satellite connectivity capabilities in India could potentially deliver a few terabytes per second of data throughput, with significant infrastructure already established. The service could commence immediately after receiving necessary regulatory approvals, according to sources familiar…
Live: Will Nifty’s recovery gain further strength? | Opening Bell | Opening Bell The Sensex and Nifty kicked off the week on a strong note, with the Nifty maintaining its range of 22,300-22,600 for the sixth consecutive session. The index surged over 100 points to close above 22,500, reflecting positive market sentiment. Sectoral performance was…
