Tuesday, October 27
During the 2010 UK election campaign, Nick Clegg, the leader of the Liberal Democrats, demonstrated the qualities his future boss, Mark Zuckerberg, would later need desperately. Participating in a live TV debate, Clegg turned opinion polls on their head by coming across as a mild-mannered but firm leader, a man who could convincingly articulate his policy positions with ease.Britain would end up with a hung Parliament and a coalition government. Clegg became deputy prime minister under Tory leader David Cameron, an unexpected outcome for the leader of the country’s third party, which diametrically opposed many Conservative positions. It was a tense relationship that put Cameron in power for six years but torpedoed the credibility of Clegg and his party. A chance to pick up stakes in 2018
Gold discounts in India remained steady this week as elevated prices kept buyers away, while Chinese dealers charged higher premiums in anticipation of stronger demand ahead of the upcoming Chinese New Year. Indian dealers offered a discount of up to $14 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, unchanged from last week. "Local gold prices have been rising more than global prices in the last few days due to the depreciation of the rupee to a record low. This has been dampening demand," said Ashok Jain, proprietor of Mumbai-based gold wholesaler Chenaji Narsinghji. The Indian rupee depreciated to a record low this week, effectively making imports more expensive. Domestic gold prices rose to 77,947 rupees per 10 grams on Friday, after falling to 75,4
Shares of state-owned ITI Ltd, an enterprise under the Department of Telecommunications, today soared 20% in intraday trade to hit their upper circuit and a new all-time high of Rs 457.25 on the BSE.Around 2:45 pm today, the stock’s total traded value (TTV) stood at Rs 3,781.31 crore with 889.49 lakh shares traded on NSE. The company’s market capitalization stood at Rs 43,922.14 crore.On charts, the stock has been in a consistent upward trend since October 2024, when the stock ended a brief phase of consolidation, taking support at the Rs 210 level. Since then, the stock has been making higher highs and higher lows.The stock has been witnessing a surge in volumes since the month of November last year.ITI Ltd share price historyShares of ITI Ltd have increased by 37.3% in the last one y
