Yes Bank has reported impressive growth in its performance for the second quarter of the financial year 2024-25, covering the period from July to September 2024. The significant increase in its current and savings accounts indicates a robust upward trend, demonstrating the bank’s solid positioning in the competitive banking sector. Quarterly Performance Overview In the ...
Introduction Hindustan Zinc, a subsidiary of Vedanta Group, recently announced its production figures for the second quarter of the current fiscal year. The company reported a significant boost in its production of mined metal, reflecting its ongoing efforts to enhance operational efficiency and meet market demands. Production Highlights Mined Metal Production Growth On October 2, ...
The stock market in India will reopen for trading on October 3rd, following a mid-week holiday. Investors are keenly watching the ongoing geopolitical tensions in the Middle East, as well as recent trends in the U.S. stock markets, which are likely to influence market behavior in the coming days. Amid these circumstances, Chris Wood from ...
The stock market is currently experiencing a significant influence from domestic liquidity, according to various experts in the field. As investor confidence fluctuates, market dynamics are largely driven by local factors rather than foreign investments. However, potential changes in international monetary policies, particularly in countries like Japan, could have profound implications for global financial flows. ...
The electronics manufacturing landscape in Taiwan has witnessed a significant development with Foxconn, a major player known for its contract manufacturing of iPhones, making a robust investment in a semiconductor joint venture. The company plans to invest ₹424 crores in collaboration with HCL Group, signaling its dedication to strengthening its foothold in the semiconductor industry. ...
The share price of NMDC (National Mineral Development Corporation) has experienced significant fluctuations recently. After a remarkable surge of over 15% in just eight consecutive days, today’s trading saw a downward trend primarily due to profit booking. However, an unexpected revelation led to a resurgence in buying interest, hinting at a potential recovery for the ...
The Securities and Exchange Board of India (SEBI) has recently made headlines by maintaining the status quo with respect to its index derivatives regulations. This decision, made during a board meeting on September 30, 2023, has caught the attention of market participants who were eagerly awaiting potential changes. In the months leading up to this ...
The Indian cement industry is experiencing challenges due to a confluence of environmental factors and market dynamics. The summer heatwave, followed by heavy monsoon rains, has significantly impacted cement demand across the country. According to a report by Elara Securities dated September 26, the average price of cement in India has dropped to a 51-month ...
In a bid to curb administrative expenses, Pakistan has taken significant measures by eliminating over 150,000 government jobs. Additionally, around six ministries have been dissolved, while the announcement for the merger of two ministries has also been made. These actions are a part of the reforms agreed upon with the International Monetary Fund (IMF) under ...
The Subam Papers IPO is generating significant interest among investors as the company prepares to release 6,165,000 fresh equity shares. This initial public offering (IPO) is particularly notable as it marks the company’s entry into the capital markets, offering investors an opportunity to be a part of its growth story. With the expected listing on ...