NEW DELHI: India’s power sector tendering pipeline is now shifting towards hybrid and storage-based projects, reflecting a growing focus on improving energy reliability and supporting renewable energy integration, according to a report by Nuvama Research.The report also noted that the country currently has an adequate solar power supply, with solar-hour electricity prices remaining low at…
Equity benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in banking, IT and capital goods stocks.The 30-share BSE Sensex climbed 173.81 points, or 0.21 per cent, to close at 83,450.96. During the session, it touched a high of 83,598 and a low of 82,987.43.The 50-share NSE Nifty advanced 42.65…
Draft Income Tax Rules 2026: Redesigned income tax return (ITR) forms, broader criterion for applicability of ITR forms, and more pre-filled details are some of the changes that income taxpayers can look forward to for the upcoming tax year 2026-2027 for which returns will be filed in 2027-28.The Income Tax Department has released the Draft…
Domestic passenger vehicle (PV) volumes are estimated to grow 4–6 per cent year-on-year in 2026–27, supported by sustained demand momentum.Srikumar Krishnamurthy, senior vice president & co-group head – corporate ratings at ICRA, said, “The current fiscal has unfolded as a tale of two halves for the Indian automotive industry, with the first half witnessing subdued…
Gold prices declined more than 1 per cent in the futures trade on Tuesday amid easing safe-haven demand, improving geopolitical sentiment and a firm US dollar.On the Multi Commodity Exchange (MCX), gold for April delivery fell by Rs 2,228, or 1.44 per cent, to Rs 1,52,532 per 10 grams in a business turnover of 7,553…
Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…
Vande Bharat chair car is an all air-conditioned service that was first introduced in 2019. How do the fares of Vande Bharat chair car trains compare to similar trains around the world? According to Railway Minister Ashwini Vaishnaw, the ticket prices for the Vande Bharat chair car are much lower than such trains operating in…
Representative image (AI) Financial experts are urging investors to cash out their profits from gold and silver investments following unprecedented gains over the past 18 months. Both precious metals have more than doubled in value, with gold rising over 100 per cent and silver surging nearly 200 per cent in rupee terms. However, wealth managers…
Gold price prediction today: Gold prices may trade with a bearish bias, and the silver market is very tight, according to Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan: Source link
