Swift gains on Dalal Street this year have also led to a sharp surge in shares of equity market intermediaries like depositories, exchanges, and registrar and transfer Agents (RTAs). The stock prices of BSE, CDSL, CAMS, and KFin Technologies are up 24-283 per cent so far in 2023 when compared to a 9 per cent rise in the benchmark Nifty […]
Read moreThe winners for the December draw for Premium Bonds have been announced including two £1million winners. The first £1million prize went to a Bond holder in in York. They have £49,976 in Premium Bonds and bought their winning bond 481BJ590233 two years ago, in December 2021. The second £1million winner is from Essex and their winning number is Bond number […]
Read moreBritain’s house prices rose 0.2 percent in November, according to Nationwide’s latest House Price Index. Annual house price growth remains weak but is the strongest it has been since February, 2023. This was the third successive monthly increase and resulted in an improvement in the annual rate of house price growth from -3.3 percent in October, to -2.0 percent. Despite […]
Read moreThe net profit of the listed Adani group companies more than doubled year-on-year (Y-o-Y) in the first half of 2023-24 (H1FY24), even as their revenue declined in this period. The nine firms posted a 107.7 per cent jump in net profit at Rs 23,929 crore in April-September compared to the year-ago period. Net sales, on the other hand, were down […]
Read more‘Revision of the base year for both CPI and GDP are long overdue.’‘The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.’‘We have since seen the emergence of new sectors like platform-based work and online marketing.’‘The employment surveys and the consumption surveys need to reflect these adequately.’ Critics have been pointing out […]
Read moreTreasuries showed a notable move to the downside during trading on Thursday, giving back ground after moving notably higher over the three previous sessions. Bond prices came under pressure early in the session and remained firmly negative throughout the day. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, jumped 8.1 basis points […]
Read moreOlder Britons are being urged to “act now” as 1.7 million pensioners may be forced to rent into their retirement. New research from the Pensions Policy Institute (PPI) is shining a light on the deteriorating prospects of homeownership in the UK. According to the think tank’s Renting in Retirement ‘The Fault Line Below the UK Pension System’ report, middle-aged people […]
Read moreSave articles for later Add articles to your saved list and come back to them any time. While we’ve been laser focused on the battle to curb inflation, a middle-aged shock-absorber has made the Reserve Bank’s job a little easier. Shortly after landing in the top seat of Australian politics in 1983, Bob Hawke floated the Australian dollar. Now, he’s […]
Read moreA PORSCHE supercar previously owned by an F1 star has sold for a huge six-figure sum despite some damage. The 2018 911 GT2 RS was snapped up by a private buyer in Belgium last week. The sporty motor is kitted out with a performance upgrade from Manthey Racing. This likely has something to do with the fact that it was […]
Read moreGlobal 5G subscriptions are forecast to increase more than 330 percent over the next six years to reach at 5.3 billion, with 85 percent of the global population to have 5G coverage access, according to Ericsson Mobility Report. The November 2023 edition of the report, which is key industry reference source for network data, performance, statistics, and forecasts, estimates that […]
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