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BSE Sensex trips 115 points as profit-booking persists

The market continued to feel the ripple effect of lingering Brexit worries and a lacklustre Europe as the BSE Sensex slumped 115 points, dragged down by a rush by investors to book profits in recent outperformers. Realty, power and banking counters saw much of the losses as investors felt that the recent rally is “overdone”. […]

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Forex: Rupee good run continues, 3 paise up against dollar

Continuing its good run for the sixth day at a stretch, the rupee appreciated by 3 paise to 66.43 against the US dollar in early trade today at the Interbank Foreign Exchange on continued selling of the greenback by exporters and banks amidst higher opening in the domestic equity market. Forex dealers said that besides […]

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BSE Sensex rallies 181 points on OPEC deal, F&O expiry

Market benchmark Sensex surged over 181 points and the NSE Nifty reclaimed the 8,800-mark today after global markets cheered a surprise deal by OPEC to cut oil production for the first time in eight years. Short-covering of bets with today being the last session of September expiry in the derivatives segment kept the momentum on. […]

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India among most competitive economy in the world: WEF report

India has climbed 16 places to the 39th rank on the Global Competitiveness Index prepared by the World Economic Forum as improved business sophistication and goods market efficiency pushed its ranking higher. For the eighth straight time, the list is topped by Switzerland as the most competitive economy. Singapore and the US are at the […]

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BSE Sensex soars 365 points in early trade as US Fed holds rates

The BSE benchmark Sensex surged by 365 points and the NSE Nifty regained the 8,800-mark in early trade today, reversing the two-session falling trend on positive cues from other Asian markets as the US Federal Reserve kept rates unchanged. Strong Inflows from overseas investors and across-the-board buying by the investors also helped market sentiments. The […]

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Maharashtrian Food Festival “Assal Flavors of Maharashtra” celebrated in Ahmedabad

For a city fresh out of Ganesh Chaturthi celebrations, the “Assal Flavors of Maharashtra”- an authentic Marathi food festival hosted by Courtyard by Marriottt, Ahmedabad is all set to spring in surprise for the food connoisseurs of Ahmedabad. Once again, the touch of Maharashtra will dominate the kitchens of Courtyard by Marriott starting from 16th […]

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Rupee gains 3 paise against dollar in early trade

Rupee edged higher by 3 paise to 66.98 against the dollar in early trade today at the Interbank Foreign Exchange on fresh selling of the US currency by banks and exporters. Forex dealers said that a higher opening in domestic equity market and a weak dollar against yen and other currencies overseas supported the rupee. […]

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Gandhinagar: Gujarat CM Rupani attended stone laying ceremony of SBI HQ

Today in Gandhinagar, Gujarat Chief Minister Vijay Rupani attended stone laying ceremony of local Head Quarter of SBI (State Bank Of India). It would help in disseminating banking services more effectively. CM Rupani appealed PSU (Public Sector Unit) Banks to to expand services to rural mass & provide benefits of all govt schemes transparently. SBI […]

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US, India, and Global Connect: Partners in Making Affordable Internet a Reality by 2020

New Delhi – The Institute of Electrical and Electronics Engineers hosted a workshop in New Delhi today with leaders from government, development banks, the IT sector, civil society and private industry to discuss digital connectivity and broadband access as part of the Global Connect Initiative.  In September 2015, the Department of State launched the Global […]