Sensex tumbles over 400 points in early trade; Nifty drops below 18,000
Nov 10, 2021, 11:17 AM ISTTata Steel was the top loser in Sensex pack, shedding around 2 pc, followed by HDFC, ICICI Bank, Kotak Bank, HUL and Asian Paints.
Tata Steel was the top loser in Sensex pack, shedding around 2 pc, followed by HDFC, ICICI Bank, Kotak Bank, HUL and Asian Paints.
Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if they don’t sell any shares. It’s a concept called “unrealized gains,” and Musk is sitting on a lot of them with a net worth of roughly $300 bn.
The net profit, which is 4.4 pc higher than the preceding June quarter, came on the back of broad-based growth across verticals and geographies, strong revenue contribution from the Daimler deal, and higher adoption of digital transformation by clients.
BSNL CMD confirmed that he has approached the govt for support, which is beyond Rs 69,000 cr relief package that was announced in 2019.
The data released by th Ministry of Statistics on Tuesday showed that the country's GDP has recovered swiftly to clock a growth of 20.1 pc in the Apr-June quarter of FY22 as against a contraction of 24.4 pc seen in the same period of previous year.
With the investments in Aug, the net FPI investment in the equities segment in 2021 now stands at Rs 54,037 cr.
The cases were related to alleged violation of securities law including market manipulation and price rigging.
The IPO comprises fresh issuance of equity shares worth Rs 165 crore and and an offer for sale of up to 5,142,067 equity shares.
Out of the total revenue collected CGST was Rs 22,197 cr, SGST was Rs 28,541 cr, IGST was Rs 57,864 cr- including Rs 27,900 cr collected on import of goods- and Cess was Rs 7,790 cr- including Rs 815 cr collected on import of goods.
The 30-share BSE Sensex has jumped 3,077.69 points or 6.21 per cent during April-July this fiscal.
However, the 6.5 pc gain was considerably less than the 8.4 pc Dow Jones estimate, Xinhua news agency reported.
The plant, which will cost around Rs 50 crore, will be funded through bank loans as well as the company's internal accruals.
"The path of the economy continues to depend on course of the virus. Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain," the Fed said in a statement after concluding a two-day meeting, Xinhua reported.
The country had imported 16.54 MT of coal in May last fiscal, according to data compiled by mjunction Services.
Just like bank fixed deposits several companies/corporates and NBFCs also collect and deposit money for fixed tenure and give interest.
The so-called core personal consumption expenditure price index, the Fed's preferred inflation measure, jumped 3.4 per cent in May from a year ago, the largest 12-month increase since April 1992, Xinhua news agency quoted the Dept as saying on Friday.
The decision came a week after the RBI granted an "in principle" approval to Centrum Financial Services for setting up a small finance bank, thereby clearing the decks for the takeover of th crisis-hit PMC Bank by Centrum and BharatPe as equal partners.
According to RBI weekly statistical supplement, the reserves increased to $608.081 billion from $605.008 billion reported for the week ended June 4.
"The Central Govt has re-appointed Shri Mahesh Kumar Jain as Dy Governor, RBI for a period of 2 years with effect from June 22, 2021, or until further orders, whichever is earlier, upon completion of his existing term on June 21, 2021," the central bank said in a statement.
President Joe Biden is proposing a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class.
Top News
Latest News