Business
Extending losses for the third session, the rupee weakened another 14 paise to a fresh 29-month low of 68.19 against the dollar in early trade on Thursday following month-end demand from importers and banks amid a strengthening American currency overseas. Forex dealers said increased demand for the dollar and a lower opening in the domestic […]
Gold prices again zoomed past the Rs 27,000-level by surging Rs 380 to close at a three-month high of Rs 27,130 per 10 grams at the bullion market on Wednesday, tracking a firm trend overseas and increased buying by jewellers to meet the ongoing wedding season demand. Moreover, a weaker rupee against the dollar that […]
Market benchmark BSE Sensex recaptured the 24,000-mark by adding over 240 points in early trade today, tracking gains at other Asian markets. Moreover, recovery in the rupee and value-buying in recently battered bluechip stocks influenced sentiments. The rupee firmed up by 24 paise to trade at 67.78 against the dollar in early trade at the […]
The benchmark BSE Sensex was trading lower by about 73 points in early volatile trade on sustained capital outflows by foreign funds and selling by retail investors on muted corporate earnings amid weak Asian cues. The 30-share index declined 72.97 points or 0.30 per cent to 24,382.07 after rising to 24,524.85. The gauge has lost […]
Reserve Bank of India governor Raghuram Rajan has suggested Australian firms to invest in the lucrative Indian market stating that India’s contribution to global growth would get “bigger and bigger from here”. Rajan was talking on a wide range of issues when he asked Australian investors to tap the Indian market now. “If anybody was […]
Today in Delhi, Prime Minister Narendra Modi addresses at Startup India at Vigyan Bhawan and emphasised on Standup India Startup India Start-ups will be exempted from paying income tax for the first 3 years. * No inspection for 3 years of start-up businesses in respect of labour, environment law compliance post self-certification * This Startup […]
The benchmark BSE Sensex pared its early gains to drift lower by 135.33 points in late morning deals on selling in key blue-chips stocks IT, Teck, telecom, banks and oil&gas. Participants traded caution ahead of key macro numbers of Industrial Production (IIP) for December and (CPI) Inflation data to be released later in the day […]
Tomorrow nationalized bank employees will observe strike. In Gujarat, 5 lakh bank employees of 35,000 banks will go on strike. Tomorrow at 10:30 am in morning, bank employees on strike will assemble in Ahmedabad near State Bank of Mysore at Parimal Cross Road. Strike by bank employees is announced to protest against pressure from Bank […]
In the worst crash this year, the benchmark Sensex today broke below the 25,000-level by tanking about 555 points to close at 24,851.83, a 19-month low, as global stock and currency markets reeled after China let the yuan fall faster to battle a slowing economy. The NSE Nifty too plunged headlong as it went below […]
With increase in taxes by Gujarat government petrol and diesel will become costlier from tomorrow. With 3% increase on petrol, taking increase upto 28 % from 25 % whereas with 4 % increase on diesel, taking increase upto 28 % from 24 %. With increase in tax, petrol will cost Rs 1.90 more per liter […]
