New Delhi : Delhi’s ruling AAP on Wednesday blamed the Modi government for the Delhi Metro fare hike and said it was meant to defame the city government. Addressing the media here, Aam Aadmi Party MLAs Pankaj Gupta and Nitin ...
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Feed SubscriptionWeak rupee, oil prices depress equity indices; TCS m-cap over Rs 8 lakh cr
Mumbai : Broadly negative global cues such as high crude oil prices and concerns over escalation in global protectionist measures coupled with a weak rupee depressed the Indian equity markets on Tuesday. According to market observers, heavy selling pressure was ...
Read More »Weak global cues subdue equity indices; Sensex down over 300 points
Mumbai : Weak global cues along with a slowdown in the manufacturing sector plunged the key Indian equity indices nearly 1 per cent on Monday after the indices started the day’s trade on a sharply higher note. Globally, investor sentiments ...
Read More »Petrol, diesel hit fresh high, rise for 9th straight day
New Delhi : Prices of petrol and diesel, already at unprecedented levels in the country, rose for the ninth consecutive day on Monday. In the national capital, petrol was sold at Rs 79.15 per litre, up from Rs 78.84 on ...
Read More »Rupee movement, trade tensions to set course of equity indices (Market Outlook)
By Rohit Vaid, Mumbai : Escalating geo-political tensions following further trade protectionist measures, coupled with high crude oil prices and the rupee’s movement against the US dollar will determine the trajectory of the Indian equity markets in the coming week, ...
Read More »Equity indices rise for 6th straight week; IT stocks gain (Market Review)
By Rituraj Baruah, Mumbai : Firm global cues lifted the Indian equity market for the sixth consecutive week as both the key indices — S&P BSE Sensex and the NSE Nifty50 — rose by over one per cent during the ...
Read More »Demonetization ‘butchered’ Indian economy: Shiv Sena
Mumbai : The Shiv Sena on Friday again attacked the BJP for demonetizing Rs 500 and Rs 1,000 bank notes in 2016, calling it a “butchering of the Indian economy” which it said even the Reserve Bank Of India (RBI) ...
Read More »Manufacturing upswing lifts India Q1 GDP; growth at 8.2%
New Delhi : An upswing in manufacturing activity accelerated India’s GDP growth rate in the first quarter of 2018-19 to 8.2 per cent, official data showed here on Friday. According to the Central Statistics Office (CSO), the GDP at 2011-12 ...
Read More »Caution ahead of growth data pulls rupee lower; breaches 71-mark
Mumbai : Caution ahead of key macro-economic growth data, coupled with high global crude oil prices, pulled the Indian rupee to a fresh low of 71 to a US dollar on Friday. According to analysts, the continuous outflow of foreign ...
Read More »Indian enterprises to spend $1.7 bn on bolstering security in 2018
Mumbai : Increasing security breaches amid skill shortage will push enterprise spending on information security products and services in India to reach $1.7 billion in 2018, Gartner said on Thursday. This is an increase of 12.5 per cent from 2017. ...
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