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August 20, 2019 2:09 PM
Domestic equity benchmarks were trading almost flat in afternoon trade amidmixed cues from Asian stocks. Sensex at Bombay Stock Exchange was up marginallyby six points to trade at 37,408. Divergently, Nifty at National Stock Exchangewas trading marginally down by 11 points at 11,043. On the other ...
August 19, 2019 2:29 PM
RBI governor Shaktikant Das has ruled out ordering an asset quality review of the large NBFCs but he reiterated the regulatory resolve to not let any large NBFC fail. He was addressing the press on the sidelines of the national banking conference being organised by the industry lobby Ficci in Mumba...
August 16, 2019 4:46 PM
Domestic equity benchmarks today closed with marginal gains amid positive cues form global stocks. Recovering losses of morning session, Sensex at Bombay Stock Exchange climbed 39 points to end at 37,350. Nifty, at National Stock Exchange, also added 18 points to settle at 11,048.
August 15, 2019 9:31 PM
The European markets fell sharply today after China's announcement that the US intent to impose fresh tariffs violates a consensus between President Trump and Xi Jinping. The FTSE 250, seen as a good gauge of the UK economy, fell 0.9% after closing down 1.5% the previous day. Weak data from...
August 14, 2019 9:14 PM
India's exports grew by 2.25 per cent to 26.33 billion US dollar in July this year. According to data released by the Ministry of Commerce and Industry, Imports, however, slipped by 10.43 per cent to 39.76 billion US dollar, narrowing trade deficit to 13.43 billion US dollar in July. The ...
August 14, 2019 1:08 PM
Wholesale price-based inflation in July fell to a multi-year low of 1.08 per cent mainly on account of cheaper fuel and food items. Data released by the Government today showed inflation in food articles was 6.15 per cent in July as against 6.98 per cent in the previous month. Similarly, wholesale i...
August 14, 2019 12:29 PM
Consumer price index-based retail inflation eased marginally to 3.15 per cent in July on the back of softening fuel prices. Retail inflation was 3.18 per cent in June 2019, while it stood at 4.17 per cent in year-ago period. According to the Ministry of Statistics and Programme Implementation, the o...
August 13, 2019 9:05 PM
The rupee today plunged 62 paise to close at a nearly six-month low of 71 rupees and 40 paise against the US dollar. The domestic Unit weakened amid strengthening of the US currency and weakness in domestic equities. The rupee deal also has taken cues from weak global equity markets and Argentine cu...
August 9, 2019 7:51 PM
Industrial production growth dropped to two per cent in June this year, mainly on account of poor show by mining and manufacturing sectors. According to official data released today, there was a slowdown in the manufacturing sector, which grew at 1.2 per cent in June as compared to 6.9 per cent a ye...
August 8, 2019 7:57 PM
Oil prices today jumped around one per cent a barrel due to expectations that falling prices may lead to production cuts Steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions also pushed crude prices up. Brent crude prices, in intra day trade, w...
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