News Overview

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes. These influences lead to varying fuel rates across different states in the country.

The company will utilize Gemini models to strengthen and expand its portfolio of industry solutions through its dedicated Cloud Native Labs and AI Labs.

Powell stated that, "assuming the economy evolves broadly as we expect," a lower policy interest rate will be appropriate "at some point this year," in agreement with his fellow Fed members.

According to the filing, on March 26, 2024, Jindal Stainless Ltd (JSL) and JSL Overseas Ltd (JOL) signed a share purchase agreement for the sale of a 4.87% equity investment in JCL.

With the impending elections in Q1 and monsoons in Q2, cement demand could see some moderation. But, with the current government most likely continuing, the focus on infrastructure spends and affordable housing should remain intact; driving cement demand over the medium term. Thus analysts of IIFL Capital Services maintain their positive view on the sector and BUY on UltraTech Cement, Dalmia Bharat and JK Lakshmi.

Traders dealing with indices do not face security ban situations.

A $500 million syndicated term loan (USD 400 million plus USD 100 million for Green Shoe) would be drawn down over two years, with terms of three and five years each.

With general elections just a month away, the RBI may prefer status quo across all monetary variables.

Based in Ahmedabad, the company reported a net profit of ₹19.24 Crore in FY23, marking a compound annual growth rate (CAGR) of 29.21% during FY21-FY23.

Subscriptions for SRM Contractors' Initial Public Offering (IPO) were accepted from March 26 to March 28. On April 1, the IPO allotment was completed, and on April 3, the shares were listed.