CareEdge Ratings in its latest report has said that India’s solar equipment manufacturing capacity is poised for healthy growth over the next 2-3 years, entailing a capex of nearly Rs 1 lakh crore. It stated of that Capex, an estimated debt funding of nearly Rs 70,000 crore is expected over the medium term, including investments … Read more
The Indian rupee weakened to its record low on Friday, hurt by persistent dollar strength after strong U.S. economic data reinforced the Federal Reserve's hawkish tilt while likely intervention by the Reserve Bank of India capped the currency's losses. The rupee declined to 85.10 against the U.S. dollar in early trading, inching past its previous … Read more
Datamatics Global Services is currently trading at Rs. 655.00, up by 3.90 points or 0.60% from its previous closing of Rs. 651.10 on the BSE. The scrip opened at Rs. 646.00 and has touched a high and low of Rs. 667.55 and Rs. 646.00 respectively. So far 4077 shares were traded on the counter. The … Read more
GE Vernova T&D India is currently trading at Rs. 2159.00, up by 41.10 points or 1.94% from its previous closing of Rs. 2117.90 on the BSE. The scrip opened at Rs. 2149.00 and has touched a high and low of Rs. 2197.00 and Rs. 2133.00 respectively. So far 3846 shares were traded on the counter. … Read more
Gold prices were set for a weekly decline on Friday after the Federal Reserve's verdict on its monetary policy-easing cycle signalled a slowdown in rate cuts, while focus shifted to the U.S. Personal Consumption Expenditure data due later in the day. Spot gold was little changed at $2,596.89 per ounce, as of 0326 GMT, and … Read more
KPI Green Energy is currently trading at Rs. 796.55, up by 33.20 points or 4.35% from its previous closing of Rs. 763.35 on the BSE. The scrip opened at Rs. 792.00 and has touched a high and low of Rs. 801.50 and Rs. 780.00 respectively. So far 16814 shares were traded on the counter. The … Read more
Deep Industries is currently trading at Rs. 612.95, up by 10.75 points or 1.79% from its previous closing of Rs. 602.20 on the BSE. The scrip opened at Rs. 613.70 and has touched a high and low of Rs. 618.20 and Rs. 606.20 respectively. So far 1680 shares were traded on the counter. The BSE … Read more
More than 27,000 household biogas plants have been installed in 19 states across the country under various schemes in the dairy sector, according to an official statement issued on Thursday. Further, the household biogas initiative has also helped in generating carbon credits for the dairy cooperative sector. Under the first such initiative, a total … Read more
The Indian rupee is likely to hold near its all-time low at the open on Friday after robust U.S. data reinforced the view that the Federal Reserve will cut interest rates at a measured pace next year. The one-month non-deliverable forward indicated that the rupee will open at 85.06-85.08 to the U.S. dollar, near its … Read more
Oil prices fell in early trading on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down more than 2%. Brent crude futures fell by 31 cents, or 0.43%, to $72.57 a barrel by 0139 GMT. U.S. West Texas Intermediate … Read more
