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Author: admin

TVS Supply Chain shares debut with over 5% premium

Posted on August 23, 2023 By admin
TVS Supply Chain shares debut with over 5% premium

Shares of TVS Supply Chain Solutions Ltd, part of TVS Mobility Group, began the trade with a premium of over 5% against the issue price of ₹197 on its debut trade on Wednesday. The stock listed at ₹206.30, up 4.72% from the issue price on the BSE. It later jumped 5.83% to ₹208.50. At the…

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Business

The Science Quiz | Twilight time – the world between worlds

Posted on August 23, 2023 By admin
The Science Quiz | Twilight time – the world between worlds

Q: Twilight is the light visible above the horizon when the sun is below the horizon. It is civil twilight when the sun is 6º below the horizon; X twilight when 12º below; and astronomical twilight when 18º below. Name X. A: Nautical twilight Q: At astronomical twilight in the evening, Y becomes visible in…

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Science

Markets pare early gains; trade lower amid continuous foreign fund outflows

Posted on August 23, 2023 By admin
Markets pare early gains; trade lower amid continuous foreign fund outflows

The BSE Sensex climbed 216.07 points to 65,436.10 in early trade on August 23. | Photo Credit: PTI Equity benchmark indices began the trade on a bright note on August 23 but later pared their gains to quote lower amid mixed global market trends and continuous foreign fund outflows. The BSE Sensex climbed 216.07 points…

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Business

Chandrayaan-3 | Not just sons of Tamil Nadu but State’s soil itself contributed to Moon mission

Posted on August 23, 2023 By admin
Chandrayaan-3 | Not just sons of Tamil Nadu but State’s soil itself contributed to Moon mission

Students of Everwin School with their faces painted with Moon celebrate the pre-soft landing of Chandrayaan-3, in Chennai. | Photo Credit: PTI It is not only Tamil Nadu’s sons of the soil – former President Dr. APJ Abdul Kalam, Chandrayaan-2 Mission Director Mayilsamy Annadurai, and Chandrayaan-3 Project Director Veeramuthuvel P – who have contributed to…

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Science

Inflation pressures may linger, but food prices to cool soon: Finanace Ministry

Posted on August 22, 2023 By admin
Inflation pressures may linger, but food prices to cool soon: Finanace Ministry

Grocery item put on display for sale at a market, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said on August 22, attributing the latest spike in headline inflation to global uncertainties triggered by the termination…

Read More “Inflation pressures may linger, but food prices to cool soon: Finanace Ministry” »

Business

Bharat- NCAP norms to benefit consumers, enhance safety, say automakers

Posted on August 22, 2023 By admin
Bharat- NCAP norms to benefit consumers, enhance safety, say automakers

Representational file image | Photo Credit: B. Velankanni Raj Automobile companies and auto-component manufacturers have responded positively to the central government-initiated Bharat- New Car Assessment Programme (Bharat-NCAP) norms announced by Union Road Transport Minister Nitin Gadkari on Tuesday. “We strongly believe that it is a step in the right direction. The decision comes at a…

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Business

Jio Financial Services shares decline 5% for second straight day

Posted on August 22, 2023 By admin
Jio Financial Services shares decline 5% for second straight day

File. | Photo Credit: Reuters Life Insurance Corporation of India (LIC) has secured 6.66% holding in Jio Financial Services Ltd. consequent to the demerger of the financial services business of Reliance Industries. It was an investment function and the shares were acquired through the demerger. The cost of acquisition was 4.68% of the demerged cost…

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Business

Adani Enterprises climbs 2% after promoters raise stake

Posted on August 22, 2023 By admin
Adani Enterprises climbs 2% after promoters raise stake

File. | Photo Credit: Reuters Adani Enterprises Ltd. gained 2.24% to ₹2,697.70 on the BSE on August 22 after the promoter group increased its stake in the Adani Group holding company by 2.22%. Earlier, the stock rose to as much as ₹2,720.65, up 3.10%, in intraday trade. On the NSE, the stock added 2.09% to…

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Business

GDP growth to be higher than RBI’s estimate of 8% for June quarter, say Economists

Posted on August 22, 2023 By admin
GDP growth to be higher than RBI’s estimate of 8% for June quarter, say Economists

Reserve Bank of India Governor Shasikanta Das. The RBI which expects the GDP to grow at 6.5% in FY24, has estimated a growth of 8% in the April-June period. | Photo Credit: The Hindu The country’s real GDP growth in the first quarter will be better than the Reserve Bank’s estimate of 8%, economists said…

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Business

Vodafone Idea plans to clear about ₹2,400 crore dues by September

Posted on August 22, 2023 By admin
Vodafone Idea plans to clear about ₹2,400 crore dues by September

File. | Photo Credit: Reuters Debt-ridden telecom operator Vodafone Idea plans to clear about ₹2,400 crore of dues to the government by September, sources privy to the development said. The company recently cleared pending dues of licence fees and spectrum usage charges of about ₹450 crore for the March quarter of 2022-23, a source told…

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