ICX to act as local issuer of I-RECs in India
The International Carbon Exchange Private Limited (ICX), a wholly-owned subsidiary of Indian Energy Exchange Limited,…
Technical Analysis: CARE Ratings, EIH and Samvardhana Motherson International
CARE Ratings (₹1,106.1) Potential bullish reversal The stock of CARE Ratings has been moving in a sideways pattern for over two months. It was held between ₹960 and ₹1,040. But last week, the scrip broke out of the resistance at ₹1,040, potentially ending the correction phase. Going forward, we expect the stock to appreciate. The…
Bullion Cues: No Threat for the Bulls
Gold remained largely flat last week whereas silver appreciated. In terms of dollars, gold was down 0.2 per cent as it closed at $2,653 per ounce. Silver gained 1.9 per cent and ended the week at $32.2 an ounce. In the domestic market, gold futures (₹76,143 per 10 gm) was up 0.6 per cent and…
Personal loan: Should you organise your wedding with borrowed money? Experts say this
If you have a wedding at home which is due in a month or two, and are clueless as to how will you arrange the money — there is a little that you can do apart from raising a loan from a bank or a financial institution. But there is no specific loan given for…
F&O Strategy: Buy Federal Bank Call
The long-term outlook for The Federal Bank (₹193.67) will remain positive as long as the price is above ₹157. The short-term outlook remains bullish. Immediate support levels are at ₹183 and ₹176. If the current trend sustains, the stock can hit ₹228. F&O pointers: Federal Bank October futures closed at ₹195.05 against the spot price…
Credit cards: Here are five key myths that need to be busted
If you are set to buy a credit card, there are a slew of features that you should be aware of. There is no denying the fact that a credit card enables you to buy some time — usually 40-45 days — when you use it to buy items of necessity or luxury. It works…
Mahindra Logistics: Are The Loads Stacked in Favour?
Mahindra Logistics (ML) is an integrated end-to-end logistics solutions and people transport solutions company. It serves over 300 corporate customers spread across industries such as automotives, FMCG, pharmaceuticals and e-commerce. Operating an asset-light model where the vehicles and warehouses necessary for operations are rented or leased through an extensive network of business partners, ML focuses…
PM Kisan Yojana 18th installment to be credited today: How to check eligibility
Prime Minister Narendra Modi is expected to release the 18th installment of PM Kisan Yojana Scheme on October 5, i.e, today. Under this scheme, all ‘eligible’ farmers would receive a sum of ₹2000 every four months. PM Kisan Yojana scheme provides financial aid to all the farming families in India, who have land. A total…
Gold prices may correct by 5-7% before the next leg up: Motilal Oswal
Gold prices could see some consolidation near the recent highs, Motilal Oswal said in a report as its prices hit a fresh all-time high of ₹78,450 (per 10 gram). The wealth management firm says that the gold will see a correction ranging from 5 to 7 per cent as historically, it has never added gains…
Joker: Folie a Deux: Unforgettable money lessons from an Oscar worthy film
Gotham City’s Arkham prison is not a fun place. The inmates have been tortured and medicated into submission. Among the prisoners is Arthur Fleck – dubbed the Clown Prince Of Crime – who has shot to death a TV host Murray Franklin (live on TV) as well as three drunk people who bullied him on…
Senco Gold plans ₹500 cr QIP, 1:2 share split
Jewellery retailer Senco Gold on Friday said its board of directors has approved to raise upto ₹500 crore by way of Qualified Institutional Placement (QIP) and split of one equity share into two. In a stock exchange filing, the Kolkata-based company said the board of directors at their meeting considered and approved the raising of…
