Gold Silver Rate Today: The opening price for 999 purity gold was Rs 58,032 per 10 grams, down 364 from Friday’s closing price of Rs 58,396, while that of 999 purity silver was Rs 69,404 per kg, down 327 from Rs 69,731, as per the data posted on India Bullion and Jewellers Association’s (IBJA) website.
The tariff discrepancy was among the factors why India’s three key Free Trade Agreements (FTAs) with ASEAN, South Korea, and Japan were not successful as per the think tank which resulted in India’s merchandise trade deficit with these partners increased significantly more than its global trade deficit.
JSW Infrastructure’s stock made its debut at Rs 143, registering a jump of 20.16 per cent from the issue price on the BSE. It rallied 32.18 per cent to settle at Rs 157.30.
The lender’s net interest margin (NIM) stood at 4.78 per cent in the reporting quarter as against 4.01 per cent in the same period of the previous fiscal. NIM in the fourth quarter of the previous fiscal was at 4.9 per cent.
As an interim arrangement, the bank said, Dipak Gupta, the Joint Managing Director, will carry out the duties of the MD & CEO until December 31, 2023, subject to approval from the Reserve Bank of India and the members of the bank
In an e-auction, the firm sold 1.4 million standard cubic meters per day – a fraction of the planned output from the block that sits next to Reliance Industries’ prolific KG-D6 area in the Bay of Bengal, to Torrent Gas Pune Ltd, GAIL (India) Ltd and Hindustan Petroleum Corporation Ltd (HPCL)
JSW Steel, Tata Steel, Tech Mahindra, Infosys, Wipro, Tata Consultancy Services, Nestle, HCL Technologies, HDFC Bank and Maruti were the major laggards.
Asian shares sank to nine-month lows on Thursday, while the dollar was at a two-month peak as fears over China’s sluggish economic recovery and concerns that the Federal Reserve may still raise interest rates rattled investors.
The stock began the trade at Rs 900.05, registering a jump of 21.46 per cent against the issue price on the BSE. Later, it zoomed 23.61 per cent to Rs 916.
At present, while the government contribution is 14 per cent under NPS, an employee contributes 10 per cent of his salary plus DA.