Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies. Brent crude futures slid 33 cents, or 0.4%, to $89.59 a barrel by 0050 GMT, while U.S. West Texas Intermediate crude (WTI) […]
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India’s forex reserves decline $4.9 billion to $593.90 billionIndia’s forex reserves decline $4.9 billion to $593.90 billion
India’s forex reserves dropped by USD 4.992 billion to USD 593.904 billion for the week ended September 8, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty had jumped USD 4.039 billion to USD 598.897 billion. For the week ended September 8, the foreign currency assets, a major component […]
SEZ allowed to move IT hardware to DTASEZ allowed to move IT hardware to DTA
The government has eased rules governing IT hardware imports by allowing units in the Special Economic Zones (SEZ) to freely move equipment to domestic tariff area (DTA) subject to certain conditions. SEZs which are specifically delineated duty-free enclaves and deemed foreign territory for trade operations, duties and tariffs were earlier exempted from import restrictions on […]
Share Market Highlights: Nifty settles below 19760, Sensex below 66300; Bank Nifty sheds over 310 pointsShare Market Highlights: Nifty settles below 19760, Sensex below 66300; Bank Nifty sheds over 310 points
Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark domestic indices ended Week’s last trading in negative territory. The NSE Nifty 50 fell 0.22% to settle at 19,751.05, while the BSE Sensex shed 125.65 points to 66,282.74. The broader indices ended in red. The Bank Nifty index shed as much as 311.25 […]
Breaking News on January 3: EAM Jaishankar publishes book named ‘Why Bharat Matters’Breaking News on January 3: EAM Jaishankar publishes book named ‘Why Bharat Matters’
Latest news today (January 3): Presenting FE’s Breaking News today. We will keep you updated on all major news, views and much more throughout the day. EAM S Jaishankar signs copies of his new book ‘Why Bharat Matters’ Amid the buzz over his new book ‘Why Bharat Matters’, External Affairs Minister S Jaishankar signed some […]
FII blues make markets see red; Rs 5.5 trillion loss in investor wealth in 3 daysFII blues make markets see red; Rs 5.5 trillion loss in investor wealth in 3 days
The Indian markets continued to fall for the third consecutive trading session on the back of consistent selling by foreign institutional investors (FIIs). On Thursday, the Sensex closed at 66,230.24 points, down by 570 points or 0.85%. The Nifty closed at 19,742 points, down 159 points or 0.80%. Over a three-day period, the Sensex has […]
India to continue giving more under FTAs than it musters: StudyIndia to continue giving more under FTAs than it musters: Study
In the free-trade negotiations that India is involved in, it may end up giving up more than what it can gain, trade policy think tank said on Tuesday citing a recent study. Even in labour-intensive sectors where New Delhi is seeking parity with competitors from the developing world, it may face disappointments, the Global Trade […]
Canada wildfires unleash Nature’s fury | IN PICSCanada wildfires unleash Nature’s fury | IN PICS
1/6 Smoke rises from areas on the southeast side of wildfire EWF-035, part of the Deep Creek Wildfire Complex which is being tackled by helicopters near Shining Bank, Alberta, Canada (Reuters) 2/6 2,000 hectares planned ignition is successfully completed on the Stoddart Creek wildfire, on Saturday in Stoddart Creek, British Columbia. The operation achieved its […]
Sewerage infra player EMS plans to float IPO in Sep to raise up to Rs 320 crSewerage infra player EMS plans to float IPO in Sep to raise up to Rs 320 cr
Water and sewerage infra player EMS Ltd on Thursday said it is planning to launch an initial public offering (IPO) in the next month to raise Rs 300-320 crore. Also, the company said it has completed the pre-IPO placement round and raised Rs 33.76 crore through it, leading to a reduction in fresh issue size […]
Nifty to defend 20100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opensNifty to defend 20100 or fall in trade? See GIFT Nifty, FII data, crude, F&O ban, more before market opens
GIFT Nifty traded flat at 20,229, up by merely 11.5 points or 0.06% during Friday’s early trading session, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. The Nifty and the Sensex hit fresh all-time highs in early trade and then traded relatively choppy for the rest of the session. The […]