SynopsisA long bear candle that almost engulfed the previous bull candle on the downside, resembled Bearish Dark Cloud Cover formation.Shutterstock.comThe index closed the day at 16,663.00, down 208.30 points or 1.23 per cent.NEW DELHI: Nifty50 on Tuesday saw a strong selling pressure near its 200-day moving average, with the index ending up forming a large…Continue Reading
Synopsis“There will be volatility in the metal space because of the current China lockdown but if one looks at their valuations and mid-cycle positioning, Jindal Steel and Power is trading three times EV/EBITDA; Tata Steel probably at about four times EV/EBITDA and Hindalco about five times. For the medium term investor clearly there is a…Continue Reading
Mumbai: Direct-to-consumer (D2C) fresh meat and seafood brand Licious has raised $150 million in a funding round led by Singapore based Amansa Capital, along with Kotak PE & Axis Growth Avenues AIF-I, as part of its Series F2 round, a senior company official said. The company will use the funding to fuel its inorganic growth…Continue Reading
New Delhi: Gold on Monday declined by Rs 362 to Rs 52,443 per 10 grams in the national capital in line with its weak international prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 52,805 per 10 grams. Silver also tumbled Rs 612 to Rs 69,665 per kg from…Continue Reading
New Delhi: The government on Tuesday said it has received Rs 4,353 crore as dividend tranches from seven public sector enterprises, including Coal India and PFC. “Government has respectively received about Rs 575 crore and Rs 2038 crore from Nuclear Power Corporation of India Ltd and Coal India Ltd as dividend tranches,” Department of Investment…Continue Reading
SynopsisAccording to the norms, the process of underwriting loans will be carried out on an analysis of risk, and in line with the same, a risk premium would be charged from the borrower. The revised framework is applicable from April 1.Getty ImagesThe regulated entities which fall under the purview of the RBI’s norms include NBFC-MFIs,…Continue Reading
SynopsisNational Stock Exchange on Monday put the company in the list of securities banned from trading in the futures and options (F&O) segment after it crossed 95 per cent of the market-wide position limit.iStockBalrampur Chini Mills plans to ship 7.5 million tonnes of sugar this year.NEW DELHI: Balrampur Chini Mills, which has been among the…Continue Reading
JAIPUR: The Indian Premier League (IPL) franchise Rajasthan Royals on Tuesday unveiled the official jersey for the 2022 season. The 2022 Royals jersey is inspired by a unique Rajasthani design called the ‘Leheriya’, meaning ‘wave’ in English. Dating back to the 17th century, the tie-and-dye patterns used in this design result in diagonal or v-shaped…Continue Reading
Wild asparagus is often paired with cheese sauce in the northwestern Italian region of Piedmont, where chef Stefano Secchi of New York City’s Rezdôra often finds inspiration. “When asparagus is coming up, it’s typically still colder at night, and the fonduta is nice and warming,” Secchi says. In this twist on a classic fonduta, Secchi…Continue Reading
Not only is ground chicken or turkey a fast-cooking weeknight superstar, but the fat leftover from crisping it up can get work done. Case in point, this low-lift one-pan dish. The leftover fat is used to blister olives that then get mixed with cooked rice (or any other cooked grain you’ve got) and chopped greens…Continue Reading
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