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Business
Sensex jumps 438 points in early trade; Nifty tops 15,400
21 Jun 2022 5:28 AM GMT
Mumbai, Jun 21: Equity indices made a firm start on Tuesday, with the BSE benchmark Sensex jumping 438 points in early trade in line with a positive trend in other Asian markets. The BSE benchmark was trading with a gain of 438.48 points to 52,036.32. The NSE Nifty climbed 139.35 points to...
Business
Markets tumble after initial rally amid mixed global trends
20 Jun 2022 5:29 AM GMT
Mumbai, Jun 20: Equity indices started the trade on a firm note on Monday with the Sensex climbing 254 points, but within minutes, the benchmarks pared all early gains to trade in the negative territory. The BSE benchmark was trading with a jump of 253.69 points at 51,614.11 in early trade. The...
Business
EV prices to be on par with cost of petrol vehicles within a year: Gadkari
17 Jun 2022 9:11 AM GMT
New Delhi, Jun 17: The prices of all electric vehicles (EVs) will be equal to the cost of petrol vehicles in the country within one year, Road Transport and Highways Minister Nitin Gadkari said on Friday. Gadkari further said the government is promoting ethanol produced from crop residue instead...
Business
Equity indices settle sharply low, Sensex down over 1K points
16 Jun 2022 10:51 AM GMT
New Delhi, June 16: Domestic equity benchmark indices declined as the day progressed and settled sharply lower on Thursday as investors evidently feared a looming recession. "The market is fearing that inflation is not going to come under control soon whereas a tight monetary policy may cause a...
Business
Air India fined Rs 10 lakh for denying boarding despite valid tickets
15 Jun 2022 7:53 AM GMT
New Delhi, June 15: Civil aviation watchdog Directorate General of Civil Aviation (DGCA) has imposed a fine of Rs 10 lakh on Air India for denying boarding to passengers holding valid tickets. After going through the airline's submissions, as part of enforcement action, the DGCA has levied the...
Business
Indices tumble in opening session as high inflation in US trigger selloff
13 Jun 2022 8:53 AM GMT
New Delhi, June 13: Domestic equity indices extended their losses from the previous week and tumbled even sharply on Monday as high inflation in the US triggered possibilities of even more aggressive policy tightening by the Federal Reserve.With Monday's slump, the indices declined for six out...
Business
Rs 10 lakh penalty on companies for misleading ads, unfair trade practice
11 Jun 2022 8:05 AM GMT
New Delhi, June 11: Notices and financial penalties amounting to Rs 10 lakh are among the multifold actions taken by the Central Consumer Protection Authority (CCPA) against the erring companies under the various sections of the Consumer Protection Act, the government said on Friday. The CCPA has...
Business
Amit Shah bats for RBI's decision to increase credit flow through Cooperative...
10 Jun 2022 5:51 AM GMT
Guwahati, June 10: The Union Minister for Home and Cooperation, Amit Shah, has welcomed the important steps announced by RBI to increase credit flow through Cooperative Banks. Amit Shah said that in a span of less than one year, Prime Minister Narendra Modi has taken many historic decisions for the...
Business
Sensex falls over 270 pts in early trade; Nifty slips below 16,300
9 Jun 2022 6:53 AM GMT
Mumbai, Jun 9: Equity benchmark Sensex fell over 277 points in opening trade on Thursday, tracking losses in index majors Asian Paints, TCS and HCL Tech amid a negative trend in global markets. The 30-share BSE gauge was trading 277.91 points or 0.51 per cent lower at 54,614.58 in early trade....
Business
Indices extend losses; Sensex, Nifty shed over 1% each
7 Jun 2022 7:52 AM GMT
New Delhi, June 7: Domestic indices on Tuesday extended their losses from the previous session as the overall sentiments still remain cautious amongst investors as they are worried about inflation and benchmark interest rates, said analysts. At 10.02 a.m., Sensex was 1.1 per cent down at 55,037...
Business
Sensex slides 227 points in early trade; Nifty falls to 16,517 level
6 Jun 2022 6:19 AM GMT
Mumbai, Jun 6: Benchmark indices continued to fall on Monday, with the Sensex declining 227 points in early trade as investors remained cautious amid unabated selling by foreign funds and elevated crude oil prices. The 30-share BSE Sensex was trading 226.7 points lower at 55,542.53 points. The...
Business
Snapping 2-day losses, indices settle in green; Reliance top gainer
2 Jun 2022 11:19 AM GMT
New Delhi, June 2: Snapping two straight sessions of losses, domestic equity benchmark indices settled in the green on Thursday. Gains were led by up move in Nifty oil & gas, IT, metal, and media stocks. Also, a decline in global crude oil prices ahead of the Organization of the Petroleum...
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