Markets

India's September gold imports fall 59% to four-month low

India's gold imports in September fell 59% from a year earlier to the lowest level in four months, a government source said on Tuesday, as a drop in prices from a record high failed to lure buyers, which were postponing purchases anticipating bigger drop.

Oct 6, 2020

India's Aug crude steel output falls 4%, China logs 8% rise

Production of crude steel in India in August declined 4.4 per cent on a year-on-year basis to 8.48 million tonne (Mt), according to data from the World Steel Association.

Sep 27, 2020

LIC expands market share as private insurers lose ground

APE is the sum of annualised first-year premiums on regular premium policies and 10% of single premiums on the new business written during any period.

Sep 12, 2020

If you invested ₹1.4 lakh in this stock in 2003; it's worth ₹6.4 crore now

Looking at the phenomenal journey of Divis Labs, a pharma company that kicked off its IPO in 2003 and never looked back.

Sep 9, 2020

RBI suggests measures to improve liquidity, boosts demand for govt bonds with yields monitored

RBI to allow banks to hold fresh acquisitions of SLR securities acquired from September 1, 2020 under HTM up to an overall limit of 22 percent of NDTL up to March 31, 2021.

Sep 1, 2020

India's equity mutual funds show first outflows in more than four years

India's equity mutual funds had outflows last month for the first time in more than four years as investors, worried by a share price crash in March due to the coronavirus pandemic, took their money out as stock prices recovered.

Aug 10, 2020

ICICI Bank's Q1FY21 net profit rises 36% to Rs 2,599 cr

Private sector lending major ICICI Bank reported a 36 per cent growth in standalone net profit of Rs 2,599 crore for the first quarter of 2020-21.

Jul 25, 2020

Wendell Huang, VP and Chief Financial Officer of TSMC

Taiwan's TSMC cuts off supply to Huawei - its second-priority customer; here's why

TSMC has taken a short-term blow with the U.S sanctions imposed on Huawei, but believes strong demand for 5G smartphones, infrastructure and high-performance computing applications will help fuel the growth engine, despite export ban and the Covid-19 pandemic.

Jul 18, 2020

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Sensex, Nifty rise as focus shifts to corporate earnings

The NSE Nifty 50 index rose 0.64% to 10,774.50 by 0511 GMT, while the benchmark S&P BSE Sensex climbed 0.67% to 36,570.32.

Jul 9, 2020

Sensex, Nifty rise on coronavirus vaccine hopes, financials lead gains

Indian shares rose in line with Asian peers on Thursday as investors clung on to hopes of a vaccine for COVID-19, while the central bank's move to improve liquidity at shadow lenders boosted financial stocks.

Jul 2, 2020

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Indian shares rise on recovery hopes, Nifty set for best quarter in 11 years

Indian shares rose on Tuesday, June 30 with the benchmark index set for its best quarter since 2009, as upbeat U.S. and China data renewed economic recovery hopes, while investors awaited PM Modi's speech later in the day.

Jun 30, 2020

Gold set for third straight weekly gain as virus cases soar

Gold prices edged higher on Friday and were headed for a third weekly gain on worries about rising coronavirus infections worldwide, although a firm dollar and a gain in equities blunted safe-haven demand.

Jun 26, 2020

Boycott of Chinese goods may not be feasible, Indian exporters say

A boycott of goods from China may not be feasible as India is dependent on such imports, although New Delhi should try to cut its dependence on them, India's top export promotion grouping said on Thursday, June 25.

Jun 25, 2020

Nifty, Sensex adrift as gains in defensives even out dour IMF outlook

Indian stocks swung between gains and losses on Thursday, June 25 after the International Monetary Fund slashed its growth outlook for the country and forecast a deeper global recession, with gains in consumer and pharma stocks offsetting losses.

Jun 25, 2020

Diesel price crosses ₹80-mark in Delhi for the first time, petrol at ₹79.92

Price of diesel has crossed Rs 80 mark for the first time in Delhi. On Thursday, June 25 the price of diesel in the city was reported to be Rs 80.02 a litre, up 14 paise, while that of petrol increased by 16 paise to Rs 79.92 a litre

Jun 25, 2020