On the back of a positive business outlook, Gokdaldas Exports’ stock hit an all-time high of Rs 505.65 on the BSE in intra-day trade on Wednesday. The company’s stock, which is in the textiles and apparel business, has surpassed its previous high of Rs 488, which it reached on May 5, 2022. It has outpaced the market by 30 percent in the last month, compared to a 4 percent fall in the S&P BSE Sensex.…
Sri Lanka has increased its credit line with India by $200 million in order to purchase emergency gasoline supplies, according to the country’s power and energy minister, who also stated that China supports attempts to restructure the island nation’s debt. Minister Kanchana Wijesekera told a news conference that Colombo was in talks with New Delhi to extend the credit line by an extra $500 million, with four gasoline shipments set to arrive in May. Minister…
"As China expresses support, Sri Lanka extends a credit line to India"
On Monday, the rupee lost some of its early gains against the dollar, settling practically level against the greenback as domestic equities offset the impact of a strong drop in global crude oil prices. Forex brokers noted that a rising US dollar overseas and ongoing foreign fund outflows weighed on the domestic currency. The rupee opened marginally higher against the dollar on the interbank foreign exchange market, at 76.48, then gained further ground to trade…
"Rupee closes the day unchanged versus the US dollar, despite foreign outflows and a drop in oil prices." According to Johns Hopkins University, the global coronavirus caseload has surpassed 512.5 million, with over 6.23 million deaths and over 11.33 billion vaccines. The University’s Center for Systems Science and Engineering (CSSE) released its latest report on Friday morning, revealing that the current worldwide caseload and death toll were 512,225,941 and 6,230,957, respectively, while the total number of vaccine doses delivered grew to 11,334,817,928. According to the CSSE, the United States continues to be the…
"Global Covid caseload reaches 512.2 million, including 6.23 million deaths." Bajaj Auto’s stock fell over 2% in early Thursday trade after the business reported a 2% drop in consolidated net profit for the fourth quarter ended March 2022. On the BSE, Bajaj Auto shares fell 2.58 percent to Rs 3,804.80. The stock fell 2.57 percent to Rs 3,805 per share on the NSE. Bajaj Auto reported a 2% drop in consolidated net profit to Rs 1,526 crore for the fourth quarter ended March 2022, owing…
"After Q4 earnings, Bajaj Auto shares fell over 2% to Rs 3,804.80 on the BSE." On Tuesday, the price of a gramme of 24-carat gold stayed steady at Rs 53,440, while the price of silver (per kg) dropped by Rs 1,000 to Rs 65,700. The price of a gramme of 24-carat gold in Bangalore and Hyderabad is the same as it is in Mumbai and Delhi, i.e. Rs 53,440, but 22-carat gold costs Rs 48,990. The price of 1 kg of silver in Delhi, Kolkata, and Mumbai is Rs 65,700,…
" gold trading Rs 53,440 per 10 gram, while silver trading Rs 65,700 per kilogram." Prime Minister Narendra Modi expressed his sadness at the death of renowned Odia writer Binapani Mohanty on Sunday, praising her “monumental contributions” to Odia literature, particularly fiction writing. Mohanty died on Sunday night at her Cuttack home owing to age-related issues, according to her relatives. Mohanty, a Padma Shri recipient, died at the age of 85. She was a single woman who shared her home with her nephew. “Pained by the passing away of noted…
"PM Modi expresses his condolences on the death of great Odia writer Binapani Mohanty." Prime Minister Narendra Modi on Thursday said India moving from the 75th year of independence to its centenary in 2047 cannot be a routine affair and it should be a watershed moment for the country. “Our Amrit Kaal is not just to laud the last seven decades. We may have gone from 70-75 (years of independence) in routine. We may go from 60-to 70 (years of independence) in routine. But from 75 to 2047, India…
"India at 100 should be watershed moment for country: PM Modi" The Biden administration is launching a USD 6 billion effort to save nuclear power plants at risk of closing, citing the need to continue nuclear energy as a carbon-free source of power that helps to combat climate change. A certification and bidding process opened Tuesday for a civil nuclear credit program that is intended to bail out financially distressed owners or operators of nuclear power reactors, the U.S. Department of Energy told The Associated Press exclusively, shortly before…
"Joe Biden launches $6 billion effort to save distressed nuclear plants" The Biden administration is considering sending a high-level official to Kyiv to meet Ukrainian President Volodymyr Zelenskyy. The report on Wednesday said that the US administration has made no final decision about who to send to Kyiv but it could be President Joe Biden, Vice President Kamala Harris, Secretary of State Antony Blinken, or Defense Secretary Lloyd Austin, Sputnik added Moreover, the US announced to provide Ukraine with an additional 800 million US dollars’ worth…
"US considering sending high-level official to meet Zelenskyy in Kyiv" In the second such assault in less than 10 days, two Sikh men were attacked and robbed in Queens here, the same neighborhood in the city where an elderly Sikh man was assaulted early this month. The Consulate General of India in New York said in a tweet that the assault on two Sikh gentlemen in Richmond Hills, New York is deplorable. We have approached the local authorities and New York City Police Department in…
"Two Sikh men attacked, robbed in NY in second assault in the last 10 days"
