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Indices positive in opening deals with all eyes on LIC listing
Business

Indices positive in opening deals with all eyes on LIC listing

New Delhi, May 17: Indian equity benchmark indices started Tuesday's trade in green ahead of listing of insurance major LIC's exchange debut. It is expected that the listing will take place in a while. The initial public offering of Life Insurance Corporation of India has received robust response...
Snapping 6-day losses, equity indices rise in opening deals
Business

Snapping 6-day losses, equity indices rise in opening deals

New Delhi, May 16: Snapping their six straight session losses, Indian equity indices rose in opening deals on Monday, possibly due to value buying at lower levels. At 9.51 a.m., Sensex was 1.0 per cent or 513 points up at 53,307 points, whereas Nifty was 1.2 per cent or 185 points up at 15,967...
Centre bans wheat export
Business

Centre bans wheat export

New Delhi, May 14: The Central government has placed a ban on wheat export with immediate effect in the wake of the grave situation of less than estimated domestic wheat production and an excessive global price hike after a spike in demand following the Russia-Ukraine war. There is just one...
State of economy cause of
Business

State of economy cause of 'extreme concern': Chidambaram

Udaipur, May 14: Asserting that the state of the economy is a cause of "extreme concern", senior Congress leader P Chidambaram on Saturday said taking into account global and domestic developments, it may be necessary to contemplate a reset of economic policies. Addressing a press conference,...
Equity indices up in opening deals
Business

Equity indices up in opening deals

New Delhi, May 13: Indian equity benchmark indices climbed in opening deals on Friday led by gains across all sectoral indices after a steep fall in the previous session and a consistent decline in the past five straight sessions. Sensex was up 481 points or 0.9 per cent to 53,411 points in early...
Indices extend losses, Sensex declines nearly 1K pts
Business

Indices extend losses, Sensex declines nearly 1K pts

New Delhi, May 12: Indian equity benchmarks extended their losses from the previous session and tanked sharply due to weak global cues amidst high volatility.Asian stocks fell as the US inflation for April stood persistently high, which dented investors' confidence. The US April inflation print...
Indian equities start new week in red
Business

Indian equities start new week in red

New Delhi, May 9: Indian equity benchmarks declined in opening deals on Monday on weak global cues. Asian markets started the fresh week on a volatile note as the US stocks took a hit on interest rate worries. At 9.28 a.m., Sensex was 801 points or 1.5 per cent down at 54,034 points, whereas...
567 projects identified worth Rs 58,700 cr: Shipping Minister Sonowal
Business

567 projects identified worth Rs 58,700 cr: Shipping Minister Sonowal

New Delhi, May 7: Minister for Ports, Shipping Sarbananda Sonowal on Friday said that the Ministry has identified a total of 567 projects under convergence mode with an estimated cost of Rs 58,700 crore. Addressing the media after the meeting of the National Sagarmala Apex Committee (NSAC), he...
Equities plunge in early trade on weak global cues, Sensex declines over 1K pts
Business

Equities plunge in early trade on weak global cues, Sensex declines over 1K pts

New Delhi, May 6: Indian equity benchmarks declined sharply in opening deals on Friday, in line with weakness in global markets. Asian stocks fell over concerns that the US' central bank and some other major central banks will have to raise interest rates even more aggressively to check...
India
Business

India's manufacturing sector sees faster growth amid high inflation in Apr: PMI

New Delhi, May 2: India's manufacturing sector activities witnessed faster growth in April amid quicker increases in production as well as factory orders, and renewed expansion in international sales, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing...
Indian economy may take 12 yrs to recoup pandemic losses: RBI report
Business

Indian economy may take 12 yrs to recoup pandemic losses: RBI report

Mumbai, Apr 30: The Indian economy may take more than a decade to overcome the losses emanating from the COVID-19 pandemic, said a report published by the Reserve Bank of India. In an analysis of the impact of COVID-19 on the economy, the report has estimated the output losses during the...
What is the Minimum Amount of Investment for a Fixed Deposit Account?
Business

What is the Minimum Amount of Investment for a Fixed Deposit Account?

Perfect for investors who are in the category of those averse to risk taking, a fixed deposit is the go-to investment product. Commonly known as an 'FD', this is an investment product in which interest gets collected over a period based on the principal amount that is invested in a fixed deposit...
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