Indian Army is getting all set to induct the indigenous Light Utility Helicopters (LUH) which are expected to replace the ageing Cheetah and Chetak helicopters. On the completion of their…
Indigenous LUH Set to Replace Aging Cheetah and Chetak Fleet
Rupee to depreciate further this week till 78.70 amid strong dollar, persistent foreign funds outflow
By Raj Deepak Singh Rupee depreciated in the previous week majorly on the back of strong dollar and fall in domestic indices. Meanwhile, drop in crude oil prices provided some…
US Stocks: Wall Street set to crawl higher under shadow of recession fears
Wall Street’s main indexes were set to open higher on Friday after a brutal selloff triggered by the Federal Reserve and other major central banks raising interest rates heightened recession…
Sebi imposes Rs 7-cr fine on NSE, Rs 5 cr each on Ramkrishna, Varanasi in ‘dark fibre’ case
Capital markets regulator Sebi has penalised total 18 entities, including National Stock Exchange (NSE) and its former chief Chitra Ramkrishna and Ravi Varanasi in the ‘dark fibre’ case. The regulator…
FPI selling in Indian equities quietly receding: $34 billion pulled out since October
The ongoing selling by foreign portfolio investors – the most intense in more than a decade – seems quietly receding, with the five-day rolling average through Tuesday falling to less…
US Stocks: Wall Street set for lower open ahead of Powell testimony
U.S. stock indexes were set for a lower open on Wednesday after a rally in the previous session, with investor focus squarely on Federal Reserve Chair Jerome Powell’s congressional testimony…
Sebi asks PFS not to change board till completion of forensic audit
Capital market regulator Securities and Exchange Board of India (Sebi) on Tuesday asked PTC India Financial Services (PFS) not to make any changes to the company’s board till the completion…
Reliance, Vodafone Idea, Bank of India, LIC, Happiest Minds, Adani Power stocks in focus on 21 June 2022
Domestic stock indices snapped their 6-day losing streak on Monday as BSE Sensex and NSE Nifty 50 rose higher. BSE Sensex closed 237 points, or 0.46 per cent, higher at…
US Dollar flies higher while Euro and GB Pound dive down; what’s next on the cards for major currencies?
By Amit Pabari A tranquil business of currency trading has now been jumbled to high volatility due to war, soaring inflation, central banks tightening at vastly different speeds, and recessionary…
India’s import of crude oil driven by national interests: Foreign Secretary Vinay Mohan Kwatra
With the upcoming G7 summit set to discuss cutting dependency on Russian fossil fuels, India on Friday said its sourcing of crude oil is totally driven by its national interests…