Business Archives - Page 27 of 81

Bajaj Allianz launches ‘Na Ka bynta jong phi’ for the people of Meghalaya

23Jun

By Business BureauNo Comments

Business

Bajaj Allianz launches ‘Na Ka bynta jong phi’ for the people of Meghalaya

Bajaj Allianz General Insurance has introduced a tailor-made health insurance product, Na Ka bynta jong phi—translated as “For You”—specifically crafted to meet the healthcare needs of Meghalaya’s residents. This initiative marks a shift from one-size-fits-all policies to state-centric healthcare protection. The new plan features wide-ranging benefits including coverage for hospitalization, day care procedures, robotic surgery, stem cell therapy, and even organ donor expenses. With flexible sum insured options from ₹5 lakh to ₹20 lakh and lifetime renewal, it offers financial security for individuals and families alike. Customers can choose optional add-ons like unlimited reinstatement of the insured sum and cumulative bonuses of up to 200% for claim-free years. In Shillong, the pro...

Waaree Energies shares upsurge 8% today; what is driving the stock higher?

21Jun

By editorNo Comments

Business, News

Waaree Energies shares upsurge 8% today; what is driving the stock higher?

Waaree Energies shares rose more than 8 percent during the trading session on Friday on the back of strong buying in the broader markets. Waaree Energies shares rose on Friday as the stock rose more than 8 percent during the trading session on the back of strong buying in the broader markets. The stock has been on a bullish trend after several reports about the stock came out recently. Waaree Energies Ltd shares rose 8.4 percent to Rs 2,896.60 on Friday, taking its total market capitalisation to over Rs 83,000 crore. The stock had closed at Rs 2,672.20 on Thursday. Despite a 23 percent drop from its 52-week high of Rs 3,740.75, the stock is still down 92 percent from its IPO price of Rs 1,503 per share. First, the reshuffle in the indices of the London-based Financial Times...

20Jun

By editorNo Comments

Business, News

Zinc futures reduce on weak demand

New Delhi, June 20: Zinc prices fell 0.34 percent to Rs 252.85 per kg in futures trade on Friday as speculators cut their positions following negative cues from the spot market. Zinc contracts for July delivery on the Multi Commodity Exchange fell 85 paise, or 0.34 percent, to Rs 252.85 per kg in a business turnover of 2,163 lots. Analysts said offloading of positions by participants due to weak demand from consuming industries in the spot market mainly put pressure on zinc prices.

Aluminium futures prices decay on weak demand

19Jun

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Business, News

Aluminium futures prices decay on weak demand

New Delhi, June 19: Aluminium prices fell by 35 paise to Rs 247 per kg in futures trade on Thursday as participants cut their positions following a weak trend in the spot market. Aluminium contracts for July delivery fell by 35 paise, or 0.14 percent, to Rs 247 per kg on the Multi Commodity Exchange in a business of 2,471 lots. Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.

Guarseed futures prices upsurge on spot demand

18Jun

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Business, News

Guarseed futures prices upsurge on spot demand

New Delhi, June 18: Guarseed prices rose by Rs 26 to Rs 5,083 per quintal in futures trade on Tuesday as speculators increased the size of their deals amid a strong trend in the spot market. Guarseed contract for July delivery rose by Rs 26, or 0.51 per cent, to Rs 5,083 per quintal on the National Commodity and Derivatives Exchange, with open interest trading in 51,990 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, strong trend in the spot market and lower supplies from producing regions.

Silver futures increase : Prices rose to ₹1,06,870/kg

17Jun

By editorNo Comments

Business, News

Silver futures increase : Prices rose to ₹1,06,870/kg

New Delhi, June 17: Silver prices rose by Rs 306 to Rs 1,06,870 per kg in futures trade on Tuesday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 306, or 0.29 percent, to Rs 1,06,870 per kg in a business turnover of 16,885 lots. Analysts said fresh deals by participants led to a jump in silver prices. Globally, silver was trading 0.33 percent higher at $36.43 per ounce in New York.

Coriander futures prices gain on heavy demand

16Jun

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Business, News

Coriander futures prices gain on heavy demand

New Delhi, June 16: Coriander prices rose by Rs 4 to Rs 7,034 per quintal in futures trade on Monday as speculators increased their positions in view of a firm trend in the spot market. Coriander contracts for July delivery on the NCDEX rose by Rs 4, or 0.06 per cent, to Rs 7,034 per quintal with a turnover of 16,460 lots. Market analysts said coriander prices rose due to a firm trend in the spot market and limited supplies from producing regions.

Yes Bank shares decay 14% in 10 days, slip below Rs 20; RBI extends Prashant Kumar’s tenure

14Jun

By editorNo Comments

Business, News

Yes Bank shares decay 14% in 10 days, slip below Rs 20; RBI extends Prashant Kumar’s tenure

Yes Bank shares continued their slide by 2 per cent on Friday and declined over 14 per cent in the last 10 trading sessions from the level of Rs 23.27 on June 03. Yes Bank Ltd shares continued their slide by 2 per cent on Friday and declined over 14 per cent in the last 10 trading sessions. However, the Reserve Bank of India (RBI) has extended the tenure of Prashant Kumar as the Managing Director and CEO of Yes Bank, according to an exchange filing. "We wish to inform that RBI vide its letter dated June 12, 2025 has approved the extension of the tenure of appointment of Shri Prashant Kumar as Managing Director and CEO for a period of six months from October 6, 2025 or till the appointment of a new Managing Director and CEO/successor, whichever is earlier," the filing said. ...

Paytm shares downturn 10% amid massive sell-off; know why the stock plunged

13Jun

By editorNo Comments

Business, News

Paytm shares downturn 10% amid massive sell-off; know why the stock plunged

Shares of One97 Communications, the parent company of payment solutions provider Paytm, fell 10% on the National Stock Exchange and hit an intraday low of Rs 864.40. Shares of Paytm fell 9.97% on the BSE and hit an intraday low of Rs 864.20. This sharp fall in Paytm shares came after the Finance Ministry dismissed speculations of the implementation of Merchant Discount Rate (MDR) on Unified Payments Interface (UPI) transactions. The Finance Ministry said in a post on social media on Wednesday, "Speculations and claims of imposition of MDR on UPI transactions are completely false, baseless and misleading. Such baseless and sensational speculations create unnecessary uncertainty, fear and doubt among our citizens. The government is fully committed to promote digital payments through UPI....

Silver futures rose: Prices rise to ₹1,06,107/kg

12Jun

By editorNo Comments

Business, News

Silver futures rose: Prices rise to ₹1,06,107/kg

New Delhi, June 12: Silver prices rose by Rs 715 to Rs 1,06,107 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, silver contracts for July delivery rose by Rs 715, or 0.68 percent, to Rs 1,06,107 per kg in a business turnover of 19,263 lots. Analysts said fresh deals by participants led to a jump in silver prices. Globally, silver was trading 0.16 percent higher at $36.31 per ounce in New York.