Asia

Stock Markets closure: Indices ends sharply up, Sensex up over 1,500 points

Benchmark indices ended sharply up on Tuesday after falling sharply on Monday due to delivery-based buying by the FIIs and short covering in the F&O market, dealers said.

Aug 30, 2022

Centre's show-cause notices to manufactures/importers of weighing & measuring instruments

Keeping in view the unauthorised sale of weighing and measuring instruments on e-commerce sites, the Centre has issued show cause notices to the manufacturers and importers for seeking details of compliance.

Aug 30, 2022

Indian rupee declines sharply to a record low, one dollar equals Rs. 80.14

At 11 a.m., the rupee was trading at 80.04, as compared to 79.86 close on the previous trading session against the US dollar.

Aug 29, 2022

Bitcoin plunges below $20K, may reach $10K level this year [details]

Bitcoin prices had stabilised around the $23,000 to $24,000 level after plunging below $20,000 in June.

Aug 28, 2022

Sequoia Capital India sells 17.2 crore Zomato shares; brings down stake to 4.4% [details]

Zomato said Sequoia Capital India sold some 6.7 crore shares in the September 6-October 14, 2021 period and 10.5 crore shares between June 27-August 25, 2022.

Aug 26, 2022

Who gets what in Rakesh Jhunjhunwala's will, family bequethed Rs. 50K Cr

Known for his value investing model, the Big Bull was known to own 35 company holdings

Aug 25, 2022

RBI to increase interest rates by another 50-60 bps in 2022

The minutes of the August 22 Monetary Policy Committee of the RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8 per cent recorded in April, Acuite Ratings said in a note.

Aug 23, 2022

CRISIL downgrades AP capital development bonds, here's why

The ratings agency CRISIL has downgraded the AP Capital Region Development Authority's (APCRDA) bonds worth Rs 2,000 crore, to 'CRISIL A-(CE)' from 'CRISIL A+(CE)

Aug 22, 2022

RBI Gold bonds: Second Sovereign Gold Bond Scheme series to open on August 22

The government has announced that the second series of the Sovereign Gold Bond Scheme for the current fiscal will open for subscription on August 22, and the issue price is Rs 5,197 per gram.

Aug 20, 2022

Chinese economy struggling, policy rate cut could impact 'Global Financial Markets'

Latest economic review, the DEA said the geopolitical environment remains tense and fraught.

Aug 20, 2022

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Sensex ends above 60K points for fourth day in row

Equity benchmark sensex stretched its winning run to the fourth straight session on Wednesday

Aug 17, 2022

Independence Day celebration at NY's Times Square

PHOTOS: Indian diaspora celebrate Independence Day in NY's Times Square with fervour

India's 75th Independence Day was celebrated with fervour at the iconic Times Square in New York and here's a glimpse of the grand event.

Aug 17, 2022

Crypto Meltdown: BitGo deal fails as Galaxy Digital terminates $1.2 acquisition

Galaxy Digital has terminated the $1.2 billion acquisition of digital asset trust company BitGo as it failed to provide audited financial statements for the year 2021.

Aug 16, 2022

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Big market crash coming? Bank of America predicts Nifty to slump to 15600 by December [read now]

The firm stated that it is neutral on the information technology sector and underweight on stocks in the external/export-driven sectors like materials and select discretionary.

Aug 12, 2022

Stock markets: Benchmark indices rise marginally, Sensex ends over 59,400

Benchmark indices ended on a positive note on Friday, with Sensex and Nifty both rising marginally on the back of metals and oil & gas stocks.

Aug 12, 2022

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