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GAS ALLOCATION CUT
In New Mexico, 10,388 homes received free weatherization upgrades; the program reports 27% lower energy use and $210-$250 in annual utility savingsNew Mexico's Energy$mart program provides complimentary home weatherization services, enabling residents to cut their utility bills by more...
Small and midcap trade at up to 50% premium, says Bajaj Life CIO. Why largecaps look better nowAfter years of outperformance by the broader market, Ravuri says largecaps now offer better valuation comfort, earnings visibility and room...
Rs 2.8 lakh crore out, Rs 47,000 crore in: Why FIIs are selling listed stocks but chasing IPOsFIIs are increasingly turning to India’s primary market even as they withdraw heavily from listed stocks. Foreign investors have pulled nea...
Warren Buffett and IBM: Praying the stock price goes nowhere. The maths explains whyHe is not being clever. He does the arithmetic and shows you exactly how much a falling price would be worth to him. Then he turns on the a...
Nifty mega caps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his Flexicap fund beyond largecapsMutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum sh...
Small, microcaps offer better alpha opportunities; midcaps look expensive: Equitree CIO Pawan BharaddiaIndian equities may stay supported by a resilient domestic economy, but future returns are likely to depend more on earnings growth than va...
India’s cheap-urea model faces an expensive reckoningIndia faces rising fertilizer costs, prompting a review of its subsidy system. Global supply chain issues and war have doubled procurement ...
Nifty could deliver low-teen returns as earnings drive next leg of bull market: Anand Rathi AMCThe June-quarter earnings season has now begun, and we will be tracking this closely as results come in, with more insights to follow throu...
All bad news is priced in, but don't call it a bull market yet: SAMCO MF CEO Viraj GandhiLargecaps offer better safety as valuations are below historical averages. Private banks and cement sectors show clear earnings visibility ...
NSE receives approval to launch derivatives on the Nifty India FPI 150 IndexThe National Stock Exchange received approval to launch derivatives on the Nifty India FPI 150 Index. These new contracts will be available...
Reliance Industries, Groww and MTAR Technologies among stocks bought and sold by mutual funds in JuneMutual funds invested Rs 50,600 crore in stocks during June. They significantly bought JSWInfra, Bajaj Finance, and HDFC Bank. Conversely, ...
Polygamy to invite welfare benefits bar, dismissal from govt service: Assam budgetAssam's budget proposes barring polygamous individuals from state welfare schemes. Government employees practicing polygamy will face dismi...
Govt cut cheaper APM gas supply to CNG retailers IGL, MGL, Adani Total GasThe government has decreased the supply of lower-cost APM gas to city gas distributors like Indraprastha Gas Ltd by up to 20%, substituting...
Govt cuts gas allocation for LPG, diverts to city gas retailersThe government redirects low-cost natural gas from LPG production to CNG/piped cooking gas to counter rising CNG prices. This adjustment in...
IGL, MGL shares nosedive 18% on APM gas allocation cuts for CGD firmsIGL Gas Allocation News: Shares of Mahanagar Gas and Indraprastha Gas dropped by up to 18% after the government reduced the APM allocation ...
CNG price may go up Rs 4-6 on input supply cut, excise duty cut to ease situationThe government's decision to cut domestic gas supplies by up to 20% to city retailers is likely to increase CNG prices by Rs 4-6 per kg. To...
CNG prices may rise as Govt cuts domestic gas supply to city gas firmsCNG prices across India may increase as the government reduces the allotment of cheap domestic gas by about 20% to city gas distributors. I...
Gujarat industries accuse GAIL of taking arbitrary actionGAIL on September 27 slashed gas supplies to 30 small industries in South Gujarat to meet fuel requirement of CNG and piped cooking gas sup...
Oil Ministry orders RIL to meet full gas requirement of Dabhol plantOil Ministry has ordered Reliance Industries to first meet full requirement of Dabhol power plant and distribute any remaining KG-D6 output...
'Allocate more gas to fertiliser sector to cut subsidy'In an interview with ET, Union minister for steel, chemicals and fertilisers Ram Vilas Paswan discusses what his ministries have achieved i...