Investors become poorer by Rs 4.12 lakh cr during morning trade as markets slump
Investors' wealth plummeted by Rs 4.12 lakh crore during the morning trade on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tanked 896.7 points or 1.09 per cent to 81,304.46...
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Suresh Prabhu nominated to WAF Board
06 September 2024 | PTI -
India-EFTA trade deal moves forward
06 September 2024 | PTI -
Gold, silver prices surge
06 September 2024 | PTI -
Mercedes eyes India as top luxury market
06 September 2024 | PTI -
Meesho hires 8.5 lakh for festive season
06 September 2024 | PTI -
SAIL offers support for Critical Mineral Mission
06 September 2024 | PTI -
Raymond Lifestyle shares slump on market debut
06 September 2024 | PTI
Rupee rises four paise against US dollar
The rupee traded in a narrow range and settled for the day higher by 4 paise at 83.97 (provisional) against the US dollar on Thursday, on weakening of the American currency in the overseas market and an overall drop in crude oil prices. Forex traders said the domestic unit witnessed a...
Foreign inflows lift markets high
Benchmark equity indices Sensex and Nifty surrendered early gains to close lower for the second straight day on Thursday, tracking losses in the most valuable firm Reliance Industries, Bharati Airtel and L&T amid a sluggish trend in global markets. The 30-share BSE Sensex failed to hold on to initial gains and...
Manufacturers of electric vehicles no longer need to be subsidised by govt: Gadkari
Union minister Nitin Gadkari on Thursday said there is no need to provide subsidy for electric vehicles (EVs) market as consumers are on their own now choosing EVs or CNG vehicles. Addressing BNEF Summit, Gadkari said initially costs of manufacturing electric vehicles were high, but as demand has increased, production costs...
Fundamental drivers of economy gaining momentum, India on sustainable growth path, says RBI Guv Das
Reserve Bank Governor Shaktikanta Das on Thursday said the fundamental drivers of the Indian economy are gaining momentum and the country is moving on a sustainable growth path. In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in various economic sectors and markets, and...
Will try to convince finance ministry to raise steel import duties to 10-12 pc: HD Kumaraswamy
Union Steel Minister H D Kumaraswamy on Wednesday said he will try to convince the finance ministry to raise duties on steel imports to 10-12 per cent from the current 7.5 per cent. The minister expressed concerns on the manner in which China was dumping steel into India, and said several...
Sensex, Nifty slump in early trade tracking weak global markets
Benchmark equity indices Sensex and Nifty tumbled in early trade on Wednesday after a record-breaking rally, tracking extremely weak trends from the global markets. The 30-share BSE Sensex tumbled 721.75 points to 81,833.69 after a weak beginning to the trade. The NSE Nifty tanked 196.05 points to 25,083.80. Among the 30 Sensex...
Gold and silver price slip
Gold prices slipped Rs 50 to Rs 74,050 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had finished at Rs 74,100 per 10 grams in the previous session on Monday. Silver prices also slumped by Rs...
