58.59 lakh metric tonne paddy procured: Haryana Dy CM Dushyant Chautala
The deputy chief minister — who also holds the charge of the Food, Civil Supplies and Consumer Affairs Department — said although the target given by the Centre was 57 lakh metric tonnes of paddy procurement for the current season, the state government procured 58.59 lakh metric tonnes till November 14, a day before procurement […]
Robust exports help UP sugar mills fetch 10% premium in export quota sale
The 2022-23 sugar export policy announced this month allows a sugar mill to swap its export quota with the domestic sales quota of another sugar mill. Trade insiders said that though some exporters have purchased the export quota, others want the government to clarify if the policy allows for trading of the export quota.
MSMEs’ revenues to touch pre-COVID levels: Report
Almost all the MSMEs are expected to cross the pre-pandemic level of revenue. “The overall MSME sector is expected to bounce back to 1.27 times of the pre-Covid level in terms of revenue this fiscal” said Pushan Sharma, director – research, Crisil Market Intelligence & Analytics.
Companies may face hefty fines up to Rs 200 crore for mishandling data
The Data Protection Board of India, slated to operate as an independent body and function as a “digital office,” will be empowered to adjudicate on deciding the quantum of any such penalties. If any organisation handling personal data of users fails to “take reasonable security safeguards to prevent personal data breach”, a penalty of up […]
RBI in final stages of retail CBDC pilot rollout
Officials indicated that the platform for CBDC is being hosted by the National Payments Corporation of India and will be similar to the current UPI platform. The central bank wants each bank to test the retail CBDC with 10,000 to 50,000 users for the pilot project.
Golden Crossovers: These 4 stocks signal further bullishness
Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.
The new don of Dalal Street gets 3 times more powerful in just 2 years!
“Retail investors’ participation into these sectors (midcaps and smallcaps) have largely been aided through the IPOs which are back on track, as also with the basket-based portfolio opportunities that are provided by various platforms,” said Anand Varadarajan, director at Asit C. Mehta Financial Services.
Axis Bank among 20 stocks that made crorepati investors richer last month
While ICICI Bank and HDFC Bank are among the top two consensus picks of both brokerages as well as mutual funds, PSU banks have been outshining amid solid growth in their corporate loan books. Global brokerage BofA Securities says PSU banks have been narrowing the gap with private lenders on many metrics. It sees Bank […]
ETMarkets Fund Manager Talk: Lure of big money the major driving force for equity investors: Basant Maheshwari
“Stock investors are different from cricketers, actors and musicians. Passion remains the driving force in other disciplines like cricket, acting and music, but the lure to make big money is the first and immediate driving force for investors. But passion comes after an investor has learnt to get it right.”
Mega bets! 9 stocks where FII holdings are valued at over Rs 1 lakh crore
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