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IOCL will invest ₹657.33 crore in this joint venture. This will help the company prove its commitment to diversify and expand into new industries.

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Subscriptions for the Indo Farm Equipment IPO will be accepted starting on December 31, 2024, and will end on January 2, 2025.

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The festive demand and the cessation of SGBs, led to surge in gold imports in November 2024

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U.S. West Texas Intermediate crude futures increased 29 cents, or 0.42%, to $69.53 a barrel, while Brent crude futures increased 33 cents, or 0.45%, to $72.95 a barrel.

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The company's Technology Centre in Bengaluru will be upgraded, in-house battery assembly capabilities will be developed

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The NFO is available for subscription from Dec 24, 2024 to Jan 22, 2025.

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Spot gold was trading unchanged at $2,614.87 an ounce. At $2,628.90, U.S. gold futures were stable.

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In terms of sectors, auto, FMCG, IT, oil & gas, telecom, and real estate stocks recorded gains of 0.5% to 1%.

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Equity fund inflows fell 14% to ₹35,944 crore in November as the SIP stoppage ratio spiked

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The sterling fell 0.01% to $1.2534, while the euro recently traded $1.0403, not far from a two-year low it reached in November.

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