Govt further tightens stock limits on wheat to curb hoarding, check prices on December 8, 2023 at 9:15 am

Briefing media, Food Secretary Sanjeev Chopra said the stock limit has been reduced to 1,000 tonnes from the existing 2,000 tonnes for traders/wholesalers.

Govt ready to offload extra 2.5 million tons of FCI wheat under OMSS in January-March: Food Secretary on December 8, 2023 at 9:20 am

In May this year, the Food Corporation of India (FCI), the government#39;s nodal agency for procurement and distribution of grains, was given a mandate to sell wheat from the central pool to bulk consumers through an e-auction under OMSS throughout the fiscal except during procurement period in wheat growing states.

Bank Nifty hits record high of 47,170, clocks biggest weekly gain since July 2022 on December 8, 2023 at 5:38 am

So far this year, the Bank Nifty index has surged over 9 percent as against 15 percent rally in the benchmark Nifty50 index

Das#39;s speech adds cheer to market that#39;s scaled Mount 21k on December 8, 2023 at 6:35 am

While the Nifty’s ascent to 21000 calls for a celebration, the RBI Governor’s speech has already delivered an icing for the party cake

India#39;s forex reserves surpasses $600 billion mark after nearly four months on December 8, 2023 at 7:24 am

The forex reserves were last above the USD 600 billion mark on August 11 this year.

Can President Javier Milei inspire new life to Argentina#39;s slumping economy on December 8, 2023 at 7:22 am

Given that Javier Milei suggests that he is an anarcho-capitalist, there is a lot of discussion on how he will push Argentina towards individual liberty, free markets, abolish central bank, dollarise the currency and so on

India will address EU#39;s carbon tax issue; will retaliate if required: Piyush Goyal on December 8, 2023 at 6:52 am

The CBAM (Carbon Border Adjustment Mechanism) or carbon tax (a kind of import duty) will come into effect from January 1, 2026.

Nifty at 21k: IT, media languish as all other indices scale new highs on December 8, 2023 at 8:00 am

IT companies are facing weak demand outlook due to cost-cutting by clients in the West. The tough macro conditions are likely to continue, resulting in muted demand for major verticals

India#39;s forex reserves surpasses $600 billion mark after nearly four months on December 8, 2023 at 7:24 am

The forex reserves were last above the USD 600 billion mark on August 11 this year.

11 stocks of time as bulls return with a boom, and RBI retains rates, raises growth forecast on December 8, 2023 at 8:07 am

Experts feel the central bank seems to be following other central banks and indicating higher rates for longer, but by any chance if the Federal Reserve cuts fed funds rate in first quarter of calendar year, which is 60 percent probability and there is 80 percent probability of cutting in second quarter, then the RBI… Continue reading 11 stocks of time as bulls return with a boom, and RBI retains rates, raises growth forecast on December 8, 2023 at 8:07 am