Markets

Iran seeks $2.5 billion to modernise its oil tankers

Chinese firms were pushing for multi-billion-dollar deals with Iran to modernise its shipping fleet and build a high-speed railway.

Apr 3, 2016

Sensex, Nifty slump 9% in FY16, but post biggest monthly gains in 4 years

The benchmark index Sensex closed at 25,341 Thursday, losing 9.35 percent over its March 31, 2015, closing of 27,957.

Mar 31, 2016

IPOs raise Rs. 14,500 crore in 2016, 10-fold higher than 2015

While 21 out of 22 entities were oversubscribed during the current fiscal, 15 reported listing gain.

Mar 31, 2016

Sensex up over 400 points on global cues; Nifty closes above 7,700

The Sensex rally was led by bank and metal stocks, supported by consumer durables and healthcare.

Mar 30, 2016

Sensex, Nifty close down over 1% on profit booking; Infosys hits 52-week high

Indian benchmark indices Sensex and Nifty lost almost 1.5 percent on profit-booking Monday.

Mar 28, 2016

Oil prices rise in thin Asian trade after break

U.S. crude's front-month contract CLc1 was up 37 cents at 39.83 a barrel at 0055 GMT.

Mar 28, 2016

Britain's EU exit campaign backed by 250 business leaders

Vote Leave group said it was forming a Business Council to argue that EU membership was holding back business.

Mar 27, 2016

Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Market cap of Sensex stocks up by Rs 38,620 crore

Indian stock markets witnessed truncated trading week in which market capitalisation of select frontline stocks rose sharply.

Mar 26, 2016

India's foreign exchange reserves touch a historic high of $355.94 billion

India's foreign exchange reserves rose $2.53 billion in the week ended March 18, according to RBI weekly supplement released Friday.

Mar 26, 2016

FIIs remain net buyers of Indian equities in truncated trading week

During the three-day week, the S&P BSE Sensex gained 1.54 percent to close at 25,337 Wednesday.

Mar 24, 2016

Why the sugar tax is a sweet deal for Tate and Lye, Pure Circle and Whitbread

A proposed tax on imported sugar-sweetened drinks may have some surprising beneficiaries.

Mar 24, 2016

SEBI bans Sharepro for share transfer fraud

An order by the market regulator alleged the company's registrar's operations head siphoned off dividend and did not allot shares to the rightful owners.

Mar 23, 2016

Mounting debts could derail China's plans to cut steel, coal glut

Tackling industrial overcapacity has become a priority for Beijing to make its slowing economy more efficient.

Mar 23, 2016

Spot gold steadies, but rate hike worries resurface

Prospects for higher interest rates were already helping the dollar revive from five-months lows touched last week.

Mar 22, 2016

Indian bonds rally on rate cut expectations

Bonds yields have fallen to the lowest since 2013 over the government's prudent fiscal consolidation and deposit rate cuts on several small savings schemes.

Mar 21, 2016