The benchmark Sensex fell almost 72 points and the NSE Nifty slipped below the 7,900-mark in early trade on Friday as investors took profits in recent gainers amid weak Asian cues. Investors remained cautious as they looked forward to earnings show of blue-chip companies, including Reliance Industries, which is set to release its numbers after […]
Business
Business
RBI sets Reference rate at 66.2930 against US dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 66.2930 against the US dollar and 74.8978 for the euro. These rates were 66.2406 and 75.2758, respectively yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 95.1437 and 60.48 […]
Sensex regains 26k-level, climbs 219 points on upbeat global cues
Market benchmark Sensex recaptured the crucial 26,000-mark by climbing over 219 points in early trade today as investors engaged in widening their bets amid firm global cues. The 30-share barometer advanced by 219.02 points or 0.85 per cent to 26,063.20. The gauge gained 1,170.34 points in the previous five sessions. Also, the NSE Nifty shot […]
Sensex rallies 193 points; Infosys takes pole position, up 7.24%
The benchmark Sensex surged over 193 points and the NSE Nifty went past the 7,900 mark in early trade after Infosys posted estimate-beating 16 per cent growth in March quarter net profit and forecast strong revenue growth for the current fiscal amid sustained foreign fund inflows. Besides, optimistic buying by participants ahead of the release […]
Ahmedabad: flights cancelled due to Runway repair
In Ahmedabad , 15 flights were cancelled due to Runway repair work at Sardar Vallabhbhai Patel International Airport. Tourist inflow o Gujarat will reduce by 20 % with flight cancellation to Ahmedabad. The runway will be repaired from 10 am to 6 pm, as per sources.
Petrol down by 74 paise, diesel up by Rs 1.30 a litre
India cuts petrol price by 74 paise a litre, diesel by Rs 1.30 a litre. New rates will be applicable from tonight.The price of one litre of petrol in Delhi will stand at Rs. 61.13, while that of diesel will be revised to Rs 48.01 per litre. In Mumbai, Chennai and Kolkata, diesel will be […]
India and US to collaborate on tackling offshore tax evasion
India and the US have agreed to enhance collaboration on tackling offshore tax evasion and increase cooperation in sharing of cross-border tax information. “We are committed to continued collaboration and sharing of experience in tackling offshore tax evasion and avoidance, including joint tax audits and tax examination abroad,” Finance Minister Arun Jaitley and US Treasury […]
Sensex gains 372 points in early trade on positive macro data
The benchmark BSE Sensex zoomed over 372 points to 25,517.78 and the broader NSE Nifty reclaimed the 7,800-mark in early trade today on the back of positive macroeconomic data. Besides, a firming trend in other Asian markets, tracking rallies in the US and Europe as oil prices pushed up to 2016 highs on reports of […]
RBI sets rupee reference rate at 66.4950 against US dollar
The Reserve Bank of India today fixed the reference rate of the rupee at 66.4950 against the US dollar and 75.9107 for the euro. These rates were 66.3925 and 75.7538, respectively, yesterday. According to an RBI statement, the exchange rates for the pound and the yen against the rupee were quoted at 94.7487 and 61.38 […]
Jewellers Association of India requested for appointment with PM Modi
Today, different members of Jewellers association of India have requested for an appointment with Prime Minister Narendra Modi. Jewellers strike and protest in India is going on for more than 36 days and they request to roll back imposition of excise duty during Budget 2016-17. Gujarat Jewellers Association members have also gone to Delhi. Today […]