Economy

Temporarily the electricity department has cleverly increased the price of electricity
08 Aug

Temporarily the electricity department has cleverly increased the price of electricity

Banasree Sarkar0 CommentsEconomy
The BJP-led government and the power department are gearing up to hike electricity prices amid rising prices of essential commodities. Increased electricity prices have been implemented since July. The duty was temporarily increased by Rs 1.29 per unit, but now the new duty has been cleverly combined with the permanent duty. Consumers will have to pay the increased rate on their August electricity bills. Fuel and Power Purchase Price Adjustment (FPP) has been provisionally fixed at Rs 1.29 per unit of electricity for three months in view of the increase in fuel prices. The fee was withdrawn three months later,…
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Shares of Zomato have put a smile on the face of investors
07 Aug

Shares of Zomato have put a smile on the face of investors

Banasree Sarkar0 CommentsEconomy
Zomato Stock: Shares of an online food delivery app Zomato put a smile on investors' faces in 2024. This stock (stock market) has given a 155 percent return in one year and profit from the beginning of 2024. Share price increased by 112 percent. This year, out of 8 months, positive returns have come in 7 months in this stock (Zomato Share Price). But now investors are questioning whether it is right to invest in Zomato shares. The global brokerage firm advised investors in this regard. Will Zomato's share increase further? The brokerage firm has raised its target price on…
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15 lakh crores were wiped out in the shares, the money went down
06 Aug

15 lakh crores were wiped out in the shares, the money went down

Banasree Sarkar0 CommentsEconomy
A pair of disasters rattled investors on Monday. On the one hand, the Sensex index fell by more than 2,200 points. Their share wealth of 15 lakh crore rupees was deleted. If last Friday's fall is taken, the loss in two consecutive days is more than 19 lakh crore rupees. On the other hand, the currency touched an unprecedented low. The price of one dollar increased by 37 paise and stood at 84.09 taka for the first time. According to experts, on this day, the stock index was turbulent all over the world. Apart from domestic companies, many foreign investment…
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Today, the stock market crashed in the morning
05 Aug

Today, the stock market crashed in the morning

Banasree Sarkar0 CommentsEconomy
At the opening bell on Dalal Street today, the Sensex was nearly 300 points lower than last Friday. Last Friday, when Sensex stood at 80 thousand 981.95 points at the end of trading in the stock market, today Sensex was at 78 thousand 588 points at the opening bell. Later, however, the stock market turned around and reached the threshold of 80,000. However, 13 lakh crores of investors lost their money in the initial shock. Today, the Nifty fell by almost 500 points at the opening. The Nifty 50 fell below 24,200 today before trading started in the stock market.…
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Big shock at the first of the month, LPG price hike
02 Aug

Big shock at the first of the month, LPG price hike

Banasree Sarkar0 CommentsEconomy
Shock at the beginning of the month. This time the price of a 19 kg commercial gas cylinder has increased by Rs 8.50. However, there has been no change in domestic gas cylinder prices. According to IOCL's website, the new rates are applicable from August 1. Thursday is the first day of August. New prices of LPG gas cylinders are fixed on the first of every month. Accordingly, oil marketing companies increased the price of a 19 kg commercial gas cylinder by Rs 8.50 from Thursday. After the price increase on this day, the price in Delhi stood at Rs…
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A strong performance is likely to be observed in the FMCG sector, keep an eye on these stocks
01 Aug

A strong performance is likely to be observed in the FMCG sector, keep an eye on these stocks

Banasree Sarkar0 CommentsEconomy
Since the first week of June, the stock market has seen great growth momentum. The main indices of the stock market have constantly reached new heights. According to experts, there has been a strong buying trend among investors at this stage for more than a month and a half. A large section of investors have invested huge sums of money in their favorite stocks in the market. Due to the presentation of the Union Budget on July 23, the market is under uncertainty around the event. However, recently Nifty and Sensex have seen a resurgence. At the moment, the investment…
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Nifty touched 25,000, Sensex 82,000 in the stock market on Thursday
01 Aug

Nifty touched 25,000, Sensex 82,000 in the stock market on Thursday

Banasree Sarkar0 CommentsEconomy
Sensex made history by crossing the 82,000 mark today. The graph of the index was bullish as the stock market started trading on Thursday. In this environment, the Sensex rose almost 300 points within an hour of the start of trading. As a result, the share index of the Bombay Stock Exchange crossed the 82,000 mark. Sensex touched a high of 82 thousand 129.49 points in the first hour of trading today. After that, the Sensex fell again and fell below 82,000. Meanwhile, today the Nifty50 index also made a new history by crossing the 25,000 mark. Nifty reached 25…
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You can rely on these five stocks today even in the uncertain market
30 Jul

You can rely on these five stocks today even in the uncertain market

Banasree Sarkar0 CommentsEconomy
Best Stocks To Buy: The share market closed flat despite hitting all-time highs on Monday. About which concern has increased among investors? But even in this market of uncertainty today, you can rely on these five stocks (stock price). What can happen in the market today? Indian stock markets opened the week with quarterly gains ahead of central bank policy meetings in the US, Britain, and Japan. The Nifty 50 index added 7 points from the previous close to end at 24,842. The BSE Sensex closed up 23 points at 81,355, while the Bank Nifty index closed up 92 points at…
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Bank credit up 15.3% in April: RBI
01 Jun

Bank credit up 15.3% in April: RBI

Priyanka Roy0 CommentsBusiness, Economy, News
The Reserve Bank of India (RBI) said the banking sector recorded higher credit growth in the first month of FY24, led by an increase in advances to the agriculture sector.On a year-on-year basis, non-food bank credit grow by 15. %3 in April compared with 16.2% growth a year earlier. In absolute terms, bank non-food credit stood at Rs 159.55 lakh Crore in April compared to Rs 138.38 lakh Crore in April 2023.RBI's sectoral deployment of bank credit for April 2024 showed that credit to agriculture and allied activities increased to 19.7% in April 2024 from 16.8% a year ago.Growth in…
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India Q4 GDP data live updates: FY24 upsurge likely to reach 8%, Q4 print moderate on agriculture slowdown
31 May

India Q4 GDP data live updates: FY24 upsurge likely to reach 8%, Q4 print moderate on agriculture slowdown

Priyanka Roy0 CommentsBusiness, Economy, News
India Q4 GDP data live updates: India's gross domestic product (GDP) for the January-March quarter (Q4FY24) and full year (FY24) of the financial year 2023-24 (Q4FY24) will be released on Friday, May 31. The macroeconomic data will come only days before the high-stakes Lok Sabha election results 2024 on Tuesday, June 4.In the last October-December quarter (Q3FY24), the economy grew at the fastest pace in six quarters at 8.4% remaining the fastest-growing major economy in the world.In the current economic scenario, the International Monetary Fund (IMF) has raised India's GDP growth forecast by 30 basis points to 6.8% in FY2024,…
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