LPG subsidy for Bharat Petroleum Corporation Limited (BPCL) consumers will continue post-privatisation, said Oil Minister Dharmendra Pradhan on Friday. "Subsidy on LPG is paid to consumers directly and not to any company. So the ownership of the company that sells LPG is not of any material consequence," Pradhan told PTI.
Gold has now corrected to Rs. 48100 levels on the MCX in Friday's trade primarily led by optimism on quicker recovery from the pandemic in light of strong data as well as progress being made on vaccine front.
So, now the given trend reversal price reversal, when price of gold has crashed by almost Rs. 8000. Can investors in the yellow metal should still be bullis
It has been a longest winning weekly streak since July on Indian markets amid huge FII inflows and before the trend reversal begins, analyst from HDFC Securities suggest 2 stock picks that can offer quick gains in coming week:
And on Wednesday we saw the first major correction or pullback in the last 4 weeks.
Its third by the RBI and the centre, there has been launched another new 10-year benchmark bond. This has been done as the previous issue reached Rs. 1 trillion in outstanding.
As per bond dealers, a quick benchmark setting can create some confusion in the markets on rates. When the outstanding comes close to Rs 1.2 trillion, people may not take positions.