India benchmark bonds fall on supply reshuffle before RBI policy

India benchmark bonds fall on supply reshuffle before RBI policy

Benchmark Indian government bonds fell on Monday following an increase in the share of their issuance in New Delhi’s fiscal second half borrowing plan, with traders also turning cautious ahead of Wednesday’s central bank policy decision. The yield on the 10-year benchmark note jumped 3 basis points to 6.5547%, its highest level in four weeks. … Read more

Puma shares surge 10% after media report investors are preparing for takeover

Puma shares surge 10% after media report investors are preparing for takeover

Shares in Puma jumped 10% on Wednesday, with traders pointing to a media report that two parties were preparing for a potential takeover of the German sportswear maker. Germany’s Manager Magazin reported that two investors were ready to take the 29% stake held by the French billionaire Pinault family, paving the way for a potential … Read more

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

Gold surges Rs 1,800 to Rs 1.15 lakh/10 g in Delhi on weak dollar, Fed easing bets

Gold price surged Rs 1,800 to touch a fresh peak of Rs 1,15,100 per 10 grams in the national capital on Tuesday amid a weak US dollar and growing expectations of rate cut by the Federal Reserve. According to the All India Sarafa Association, the precious metal of 99.5 per cent purity appreciated Rs 1,800 … Read more

Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold drops Rs 400 to Rs 1,00,020/10 g, silver plunges Rs 1,500

Gold prices dropped Rs 400 to Rs 1,00,020 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 1,00,420 per 10 grams in the previous market close. In the local market, … Read more

Gold plunges Rs 1,000 amid sell-off in global markets

Gold plunges Rs 1,000 amid sell-off in global markets

Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had settled at Rs 1,02,520 per 10 grams. In the local markets, gold … Read more

Odisha surpasses Kerala to secure 5th rank in school education index

Odisha surpasses Kerala to secure 5th rank in school education index

Odisha has achieved a remarkable climb in the Union Ministry of Education’s Performance Grading Index 2.0 (PGI2.0) for 202324, securing the fifth position nationally. The state improved from 14th place in 2019 to fifth, registering a score of 595.6 out of 1,000, and earning the Prachesta3 grade. In a post on X, former Chief Minister … Read more

What is the UV index: Levels and tanning risks explained

What is the UV index: Levels and tanning risks explained

Getty Images Warm weather can often bring high levels of ultraviolet (UV) radiation. UV radiation is emitted by the Sun and penetrates the Earth’s atmosphere. Some exposure is essential for our wellbeing, but too much can cause skin damage. Is UV dangerous? UV is beneficial because it enables our skin to produce essential vitamin D. … Read more

Sebi tightens derivatives rules to protect investors and improve market discipline

Sebi tightens derivatives rules to protect investors and improve market discipline

Capital markets regulator Sebi has introduced a comprehensive set of reforms to strengthen risk monitoring and make the equity derivatives market safer and more transparent for investors. This comes amid rising retail participation, surging expiry-day volumes, and the growing complexity of index options. “Derivatives market enables efficient price discovery, improves market liquidity and permits investors … Read more

Geopolitical developments, earnings to drive markets in holiday-shortened week: Analysts

Geopolitical developments, earnings to drive markets in holiday-shortened week: Analysts

Geopolitical developments between India and Pakistan, quarterly earnings and macro data will be the key drivers of stock markets in the holiday-shortened week, say analysts. Trading activity of foreign investors, who were sustained buyers in the Indian market last week, and global trends would also guide movement in the market, they said. Equity markets will … Read more