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Daily Needs

Railways to run 200 non-AC special passenger trains from June 1

The Railways will run additional 200 special passenger trains from June 1 onwards. These non-air conditioned trains will have second class coaches and will be run on a daily basis. This will be in addition to the Shramik Special trains being run for migrants and the air-conditioned special trains. The latter is operated on the...

Read to invest: Where and When can NIFTY bottom out?

A North India based advisory group which had predicted the Market Top is now back with the latest calculations and way ahead for markets. Here is what they have to say: Ever since we wrote the last article about how Nifty’s top was anticipated with astrology and mathematics, queries have been pouring in regarding the...

Bloodbath on D-Street: Trading halted for 45 minutes as Sensex, Nifty tanks

As an automatic mechanism to contain freefall in the market, when an exchange plunges 10 per cent before 1 pm, trading is halted on stock exchanges for 45 minutes. Trading in the domestic stock markets was halted for 45 minutes on Monday morning as benchmark indices plunged 10 per cent to trigger the lower circuit...

This Crash was destined to happen! It’s all in Stars and Mathematics

You must have heard that there are a lot of mathematical calculations and formulae that actually help stock traders in judging the behaviour of the market and how it will respond to various external developments. What if we say that even planetary positions have a role in it? Surprised, don’t be. A North India based...

‘I am very much in India but didn’t have much to say about RBI decision’: Yes Bank founder Rana Kapoor

Yes Bank founder Rana Kapoor on Friday said that he is very much in India but didn’t have much to say about the Reserve Bank of India’s surprise decision. The Reserve Bank of India has set a limit to withdraw money on Yes Bank, which is facing financial crisis. It has restricted the withdrawals that...

UP Government to Install ATM-like Machines to Dispense Medicines for Free in Rural Areas

In rural areas of Uttar Pradesh, now patients will not have to face the problem of medicine. The state government is now going to install medicine ATMs for the poor. This will prove very useful in rural areas which do not have the facility of medical stores. UP Chief Secretary R.K. Tiwari said that such...

Vodafone-Idea Paid Rs 1000 Cr in AGR Dues, Shares Price Rose After Kumar met Telecom Secretary

Vodafone Idea chairman Kumar Mangalam Birla met the telecom secretary Anshu Prakash after the company’s stock gained momentum. On the other hand, Vodafone Idea has paid Rs 1000 crore to telecom Department towards the statutory dues for adjusted gross income (AGR) arrears, after which company’s stock also show a boom  on Thursday. Earlier on 17...

Gold Prices Hit Record Highs, Silver Rates also Surge

On Wednesday, there was a strong rise in the price of gold and silver in Indian Markets. In the global markets, spot gold prices were steady at near 7-year high of $ 1,614. Among the other precious metal, palladium today jumped 1.6% to $2,677.09 an ounce while silver was up 0.4% to $18.24. On the...

Patanjali Is Set To Expand Its Network Of Stores Across All Indian Airports

Baba Ramdev’s Patanjali group products will now be sold at airports across the country.Patanjali Ayurved is set to expand its network of stores selling its packaged goods across India’s airports through its existing partnership with JHS Svendgaard Retail Ventures. To be sure, JHS Svendgaard already operates four Patanjali stores at airports in New Delhi, Chandigarh...

HSBC Layoffs 35,000 Jobs, Reduce Costs by $4.5 Billion as Earnings Miss Target

The largest of Hong Kong three currency- issuing bank HSBC decided to cut its plans as much as 35,000 jobs to reduce the costs by additional 4.5 billion US dollars and shrink its investment bank and revamp its US and European Business in a drastic overhaul by interim Chief Executive Noel Quinn. The main reason...

PSBs Hit By Fraud Cases of Rs 1.17 Lakh cr in Apr-Dec 2019, Reveals RTI

According to information obtained from the Right to Information (RTI for the first 9 months of the current financial year, April-December, 2019. A total of 8,926 cases of fraud involving Rs 1.17 lakh crore hit 18 public sector banks during the first three quarters (April-December) of the current fiscal. The country’s largest lender State Bank...

Early Trends of Delhi Election has Positive Impact on Stock Market, Sensex Rises 400 Points

Mumbai: Delhi Assembly Elections results are to be declared today. The counting for the votes have been started from 8 am. In the early trends AAP indicate to return to the power in Delhi. So the stock market opened up well. It seems that the stock market is happy with the initial trends. The Bombay...