By Dilip Parmar Indian rupee posted its eighth weekly loss and marked the weakest close against the American dollar following foreign fund outflows, higher dollar demand and weaker macro data.…
Oil nearly flat as macroeconomic concerns contend with tighter US supply
Oil prices were nearly flat on Wednesday as signs of tighter U.S. supplies countered economic data that dampened the outlook for energy demand. Brent crude futures edged higher 2 cents…
Dhaka’s nod likely for Indian firm’s Bt cotton
With Bangladesh likely to approve commercial cultivation of genetically modified (GM) Bt cotton varieties sourced from an Indian company soon, seed manufacturers in the country have urged for regulatory approval…
India Inc’s early birds have sent a worrying signal on second quarter revenue growth
The Q2FY24 results from India Inc’s early birds suggest that while some sectors are chugging along nicely, there are quite a few pockets of pain. One clear takeaway is that…
Alibaba and Tencent stocks plunge after latest fines
Shares of Chinese technology firms Alibaba and Tencent fell sharply on Monday, a day after Chinese regulators fined their subsidiaries for not disclosing transactions and failing to comply with anti-monopoly…
Manasa Madhya Pradesh Assembly Constituency Election 2023: Date of Result, Voting, Counting; Candidates
Manasa MP Assembly Election 2023 Details: The election for Manasa Assembly Constituency in Madhya Pradesh will be held on November 17 this year. The final date of voting and result…
Nifty, Sensex snap 6-day losing streak to end in green; volatility to persist, ‘use sell on rise’ strategy
Extreme volatility gripped the markets today as the benchmark indices swung in gains and losses all through the day. Snapping the 6-day losing streak, the BSE Sensex closed 237 points,…
Data Drive: Rising profits, for some
The corporate profit-to-GDP for Nifty-500 companies surged to a decadal high of 4.3% in FY22 due to the expansion in the economy as the Gross Domestic Product (GDP) grew 19.5%…
Data Drive: External commercial borrowings lose attractiveness
Rising interest rates and the weakening of the rupee against the dollar will dampen the attractiveness of external commercial borrowings (ECBs), which have become an important source of financing for…
Share Market Highlights: Sensex ends 303 pts higher at 54481, Nifty closes at 16220; L&T, Power Grid top gainers
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Dalal Street benchmark indices closed higher for the third day straight. S&P BSE Sensex zoomed 303 points or 0.56% to…