Gold Rate Today: On Wednesday, January 31, the domestic futures market saw a lackluster morning session for gold as investors awaited the US Federal Reserve’s impending decision and muted global cues. Further pressure on gold prices was also applied by the dollar index’s appreciation. Due to investors’ tempered bets on swift and significant rate cuts…
The rise of cryptocurrencies has caused a dramatic change in the financial industry in recent years. The growing number of individuals who are interested in learning about the advantages and disadvantages of investing in digital assets makes knowing how to buy cryptocurrencies essential. The goal of this step-by-step guide is to demystify the process and…
Budget 2024: On February 1, 2024, Finance Minister Nirmala Sitharaman will present the interim budget ahead of the Lok Sabha elections that will take place in the upcoming months. Given that this is the final budget of the current union government, many analysts anticipate the finance minister to propose some populist policies. Here are some…
What Is Grey Market Premium (GMP)? The Grey Market Premium (GMP) is the amount that investors pay over the issue price. The amount at which shares will be made available for purchase prior to their official listing on the stock exchange is known as the issue price. There is a significant grey market premium in…
On January 27, the company announced in an exchange filing that Piramal Enterprises had chosen to sell Shriram Investment Holdings its whole interest for ₹1,440 crore to Shriram Ownership Trust. The company has a share purchase agreement in place to sell all of its 20% fully paid-up equity share capital in Shriram Investment Holdings, which…
Tesla’s stock fell more than 12% after CEO Elon Musk issued a warning that sales growth would not pick up this year, even in spite of price cuts that have already negatively impacted the company’s margins and heightened investor apprehension about weak demand and competition from China. Elon Musk stated on Wednesday that growth will…
An agreement has been signed by Airbus and the Tata group to co-manufacture the H125 single-engine helicopters made by the European aircraft manufacturer and to establish a Final Assembly Line (FAL) for commercial use in Vadodara, Gujarat. By mid-2024, the 36-acre FAL will be prepared, and by November of that same year, operations will begin….
Budget 2024 Expectations: Commodity markets have emerged as a reliable exchange for managing the risks associated with commodity trading in India. However, the growth rate has slowed since the Commodity Transaction Tax (CTT) was implemented in 2013. Commodity markets still have a huge unfinished agenda. The interim budget 2024 could be a good start in…
According to a press release issued by the Tel Aviv Stock Exchange on Wednesday, billionaire hedge fund manager Bill Ackman and his spouse Neri Oxman are purchasing a nearly 5% stake in the company. According to CNBC calculations, the announcement coincided with the Israeli exchange announcing the pricing of a secondary offering of 17,156,677 shares,…
The $100 million Plastic Waste Reduction-Linked Bond, which is principal-protected, has a seven-year maturity period and is priced by the World Bank (International Bank for Reconstruction and Development, or IBRD). With this novel bond, investors receive a financial return that is correlated with the Voluntary Carbon Units (carbon credits) and Plastic Waste Collection Credits (plastic…
