Indian benchmark indices extended gains for the second straight day as investors bought beaten down shares on hopes of a relief rally. The BSE Sensex surged 600 points to 53,830.…
UP: Unauthorised Muzaffarnagar madrasas told to shut or pay Rs 10,000 fine per day
The Basic Education Department of Uttar Pradesh has issued a notice stating that unregistered madrasas operating in Muzaffarnagar will be subject to a daily penalty of Rs 10,000 if not…
IILM University, Greater Noida inks MoU with NIT Uttarakhand to foster research and learning
IILM University, Greater Noida, has inked a Memorandum of Understanding (MoU) with the National Institute of Technology (NIT) Uttarakhand with an aim to foster research and learning, according to the…
AMFI nod to MFs to resume subscription to overseas funds
The Association of Mutual Funds in India (AMFI) clarified on Tuesday that AMCs (asset management companies) may resume subscriptions and make investments in overseas funds and securities up to the…
City Union Bank plans to raise Rs 500 crore via QIP
Private sector lender City Union Bank on Wednesday said that it plans to raise Rs 500 crore via a qualified institutional placement (QIP). The bank will seek the approval of…
US Stocks: Wall St set for opening losses in gloomy start to second-half
Futures pointed to opening losses on Wall Street at the start of the second-half on Friday, as investor worried about the hit to economic growth from the aggressive steps by…
Rupee likely to appreciate today on weak dollar, lower crude prices, recovery in Asian currencies
The Indian rupee is likely open higher on Thursday amid strong dollar, recovery in Asian currencies and lower crude oil prices. USDINR is expected to break the hurdle of 78.25…
US Stocks: Wall Street set to slide on rising recession fears
U.S. stock indexes were on track for sharp declines on Thursday, with growth shares taking the biggest hit, after the Federal Reserve’s biggest rate increase since 1994 to tame rising…
Nifty technical pullback on cards, may move towards 16600; Reliance, SBI, HUL, Infosys among top picks
Despite market sentiment being at bearish extremes, benchmark index NSE Nifty 50 may stage a technical pullback soon from oversold territory. The index may head towards 16,600 in the coming…
IiAS, InGovern ask shareholders to vote against reappointment, salary of Asian Paints’ CEO & MD
Two proxy advisory firms have recommended Asian Paints’ shareholders to vote against the reappointment and remuneration of its CEO and managing director Amit Syngle, citing lack of disclosures on salary.…