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Sensex rebounds 126 pts on value-buying, positive Asian cues
Mumbai: The benchmark BSE Sensex recovered from 20-month low by rising over 126 points in early trade today, mainly driven by value-buying in recently battered blue-chip stocks amid firm Asian cues.
Besides, covering-up of short positions…
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Sensex plummets 267 pts on exports dip, oil below $28
Mumbai: Market benchmark Sensex today fell to a 20-month low after plunging 266.67 points to 24,188.37, dragged down by a massive dip in exports, while RIL cracked over 5 per cent on crude slipping below USD 28 per barrel.
Moreover, muted…
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Invest in lucrative Indian market, RBI guv Rajan tells Aus cos
Melbourne: Reserve Bank of India governor Raghuram Rajan has suggested Australian firms to invest in the lucrative Indian market stating that India's contribution to global growth would get "bigger and bigger from here".
Rajan was talking…
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Sensex down 73 pts in early trade on Asian cues
Mumbai: The benchmark BSE Sensex was trading lower by about 73 points in early volatile trade on sustained capital outflows by foreign funds and selling by retail investors on muted corporate earnings amid weak Asian cues.
The 30-share…
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Govt working to make start, exit easy for startups
New Delhi: The government is working to make it easy for budding entrepreneurs to start a business or exit from it, giving boost to the Indian startup ecosystem, Union Minister Nirmala Sitharaman said today.
"I understand that starting a…
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Govt to announce friendly tax regime for startups in Budget
New Delhi: Government in the Budget next month will announce a friendly tax regime that will encourage setting up of startups in the country, Finance Minister Arun Jaitley said on Saturday.
"We have already worked upon an…
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WB to be anchor investor in Rail Development Fund: Prabhu
Washington: The World Bank would be the anchor investor in the new Railway Development Fund, which would be used to fund modernisation of Indian railways, Union Minister Suresh Prabhu has said.
"We have decided to work with the World Bank…
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Infosys Q3 profit up 6.6%, raises annual revenue guidance
Bengaluru: Infosys Ltd today reported a better-than-expected 6.6 per cent rise in its third quarter net profit and raised its annual revenue growth forecast, sending its shares up by as much as 5 per cent.
Consolidated net profit rose to…
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Gold, silver rebound on global cues, jewellers buying
New Delhi: After falling for two days, gold prices rebounded by Rs 190 to Rs 26,250 per ten grams at the bullion market today, tracking a firm trend overseas and emergence of buying by jewellers at prevailing levels.
Silver followed suit…
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India, Japan working on deepening energy ties: Goyal
Tokyo: Power and Coal Minister Piyush Goyal today said that Niti Aayog is working actively with the Institute of Energy Economics, Japan (IEEJ) for developing a long-term cooperation in the energy sector which will help India plan its…
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