Business
The National Stock Exchange (NSE) has extended concessions on transaction charges for currency derivatives by two months till September 30, a move that will help bring in more liquidity in the segment. The bourse has also decided to continue with the transaction fee it is currently levying on trading members for interest rate futures (IRF) […]
US President Barack Obama, is very enthusiastic about the prospect of increased Indo-US collaboration, economic growth for American companies and investments in India, the White House has said. “Generally speaking, in terms of the US-India partnership, which you’ve referenced, the President is very enthusiastic about the prospect of increased collaboration, increased economic growth for American […]
Market again took a beating today, with the benchmark BSE Sensex crashing over 551 points to 27,561.38, its weakest closing in over five weeks, on concerns that stricter norms for participatory notes may hit foreign investments and a major slump in Chinese stocks. The NSE Nifty also dipped below the 8,400-level. Market slumped amid fears […]
The rupee dropped by another 15 paise to 63.73 against the US currency in late morning trade due to sustained dollar demand from banks and importers amid higher dollar overseas. The rupee resumed lower at 63.65 per dollar as against previous closing of 63.58 at the Interbank Foreign Exchange (Forex) market. It moved in a […]
Paring its early losses, the benchmark BSE Sensex rose by 158 points on buying in pharma, FMCG, power and auto stocks. The broader market also gained with BSE Midcap and Smallcap indices gaining over 0.5 per cent. The Sensex had opened lower by 109 points, while NSE Nifty had fell below the 8,500 level due […]
Darshana Jamindar Recently, Mumbai based Technocrat turned Producer- Director, Nandita Singgha, a young, dynamic, charismatic and enterprising lady talks and shares her business ideas and vision with media. Nandita says since my childhood I was very creative doing sketching etc, I never liked to be in helplessness. I was never dependent. I completed my basic […]
Prime Minister Narendra Modi today said that “unilateral sanctions” are hurting the global economy, in a veiled attack on the West which has imposed sanctions on Russia over the Ukraine crisis. He pitched for stronger and deeper cooperation among the member countries of BRICS (Brazil, Russia, India, China and South Africa) at a time when […]
Continuing its slide, the benchmark BSE Sensex in mid-session tanked over 500 points and the NSE Nifty cracked the 8,400-mark after Chinese shares extended rout and fears of Greek eurozone exit hit trading sentiment. Reflecting steep fall in blue-chips, the 30-share index which dipped below the crucial 28,000-mark in early trade, continued to slide and […]
The benchmark BSE Sensex cut initial losses but was still down by 292 points following selling pressure in metal, banking, IT, auto, teck, power and FMCG sectors triggered by weak Asian stocks amid Grexit fears. The barometer index hit a low below the psychological 28,000 mark at onset of trading session. The market breadth indicating […]
Finance Minister Arun Jaitley is leaving for Russia on Monday evening to participate in the inaugural meeting of the BRICS-backed New Development Bank. During the four-day visit, he will also be participating at the functions on the sidelines of the BRICS Summit at Ufa which is being attended by Prime Minister Narendra Modi. The minister, […]
