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Wholesale inflation based on the wholesale price index (WPI) for the month of June stood at 5.77 per cent against 4.43 per cent of May and 0.90 per cent during the corresponding month of the previous year.
Index in food articles was at 1.80 % in June 2018, where as it was 1.60 % in May 2018, it rose due to higher price of ...Read more
BSE completes 143 years on 9 July 2018. Here are some mind blowing fact about Bombay Stock Exchange (BSE).
1. Oldest stock exchange
A very few people aware of the fact that BSE is also known as the first stock exchange in the largest continent Asia, started in th ...Read more
Over the last couple of years, midcap and small cap stocks have fallen significantly. The benchmark indices like sensex and nifty had fallen sharply since the Finance Minister presented the Budget 2018 in parliament on 1st February. The market sentiments were badly hit by meltdown in global market and change in long term capital gain tax. What s ...Read more
The Narendra Modi led government entered in its 5th year on 26th May 2018. Four years back, the National Democratic Alliance (NDA) led by Bhartiya Janata Party (BJP) came in the power after defeating Congress-led United Progressive Alliance (UPA). Before becoming prime minister, Narendra Modi had served his home state for almost 12 years.< ...Read more
On 9th May 2018, Walmart acquired control of India’s largest online retailer Flipkart ltd. in its biggest deal. Flipkart owns Myntra, Jabong.com, Phonepe, E-kart, etc. Flipkart is a market leader in Indian E-commerce with 40% overall market share. On 9th May 2018, US based retail chain Walmart acquired 77% stake in flipkart for $16 billion ...Read more
Let’s start with how Oil Marketing companies make money?
In India, currently three big players are present which are IOCL (Indian Oil Corporation), BPCL (Bharat Petroleum Corporation limited) and HPCL (Hindustan Petroleum Limited)
Basically all these giants do Marketing of oil. Moreover, these ...Read more