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Equity indices up in early trade; Sensex rises 250 pts
Business

Equity indices up in early trade; Sensex rises 250 pts

New Delhi, March 9: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their gains from the previous day's closing and rallied in early trade on Wednesday. At 9.55 a.m., Sensex was 0.5 per cent or 251 points up at 53,674 points, whereas Nifty 0.4 per cent or 59 points up at...
Stock Markets: Sensex, Nifty crash as crude prices soar
Business

Stock Markets: Sensex, Nifty crash as crude prices soar

Mumbai, March 7: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- fell sharply during the opening session on Monday amid skyrocketing crude oil prices.Notably, the Ukraine crisis pushed Brent crude oil price to $130 a barrel on Monday. The trend is expected to trigger an inflationary...
Fueling Inflation: Petrol, diesel prices set to rise as Crude to range around $95-125
Business

Fueling Inflation: Petrol, diesel prices set to rise as Crude to range around...

New Delhi, March 5: Hostilities between Russia and Ukraine, along with sustained demand, is expected to keep global crude oil prices in the range of $95-to-$125 per barrel in the short term.Consequently, the geo-political crisis-led global hike in crude oil prices is expected to push India's...
Equity settles low, Nifty auto top loser on subdued retail sales
Business

Equity settles low, Nifty auto top loser on subdued retail sales

New Delhi, March 4: India's key indices -- S&P BSE Sensex and NSE Nifty50 - fell sharply during the session and settled lower on Friday.Sensex settled 769 points, or 1.4 per cent, down at 54,334, whereas Nifty dipped 253 points, or 1.5 per cent, down at 16,245. On the sectoral front, Nifty auto...
India-Japan collaboration can boost NE India
Business

India-Japan collaboration can boost NE India's trade, economy: Envoy

Shillong, March 3: Japan's Ambassador in India Suzuki Satoshi on Thursday said that the comprehensive collaboration between India and Japan would provide the landlocked northeast region with access to the Bay of Bengal and access to ASEAN countries leading to the socio-economic growth of the...
Equity indices extend losses, Sensex down over 800 pts
Business

Equity indices extend losses, Sensex down over 800 pts

New Delhi, March 4: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses and fell sharply in the opening session on Friday amid skyrocketing crude oil prices.At 10.09 a.m., Sensex was 1.5 per cent or 818 points down at 54,284 points, whereas Nifty 1.5 per cent or 251...
Ashneer tells BharatPe Board to do its actual job and stop vilifying him
Business

Ashneer tells BharatPe Board to do its actual job and stop vilifying him

New Delhi, March 3: Ashneer Grover, who quit fintech platform BharatPe he co-founded amid serious allegations of financial wrongdoings against him and his wife, has hit back at the Board of the company, saying he is "appalled at the personal nature of the BharatPe Board's statement, but not...
Indian equities trade positive in opening session
Business

Indian equities trade positive in opening session

New Delhi, March 3: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- rose marginally in the opening session on Thursday possibly due to some value buying after the recent decline in the indices.At 9.56 a.m., Sensex was 0.3 per cent or 178 points up at 55,647 points, whereas Nifty 0.3 per...
BharatPe removes Ashneer Grover from all positions at company
Business

BharatPe removes Ashneer Grover from all positions at company

New Delhi, Mar 2: Fintech firm BharatPe on Wednesday said it has removed Co-Founder Ashneer Grover from all positions at the company. BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds. "The board will not allow the...
Investors
Business

Investors' wealth tumble over Rs 76,808 cr in morning trade

New Delhi, Mar 2: Investors' wealth tumbled Rs 76,808.9 crore in morning trade on Wednesday, mirroring weakness in the global equity markets amid escalating tensions between Russia and Ukraine. The BSE benchmark Sensex slumped 975.06 points to 55,272.22 in line with a global selloff. Surging...
Ruble sinks 26% after SWIFT sanctions against Russian banks
Business

Ruble sinks 26% after SWIFT sanctions against Russian banks

Tokyo, Feb 28: The ruble plunged to a record low of less than 1 U.S. Cent in value Monday after Russia was cut off from the global bank payments system in retaliation for Moscow's invasion of Ukraine. The Russian currency dropped nearly 26% to 105.27 per dollar, down from about 84 per dollar...
Cryptocurrency: Everything you need to know about the digital asset
Business

Cryptocurrency: Everything you need to know about the digital asset

Guwahati, Feb 25: The Advertising Standards Council of India (ASCI) recently announced a set of guidelines for crypto products and virtual digital assets mentioning that these products are "unregulated and can be highly volatile". As per the guidelines which will be effective from April 1, crypto...
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