Bank fraud, willful default hampering ease of doing business: Jaitley

Bank fraud, willful default hampering ease of doing business: Jaitley

New Delhi: Finance Minister Arun Jaitley on Saturday said cases of willful default and bank fraud will have a detrimental impact on the government’s objective of ensuring ease of doing business. Speaking at the ET Global Business Summit 2018 here, Jaitley said repeated occurrence of fraud causes major setbacks to efforts for improving ease of doing business, and this subsequently creates […]

Sensex recovers 141 pts, snaps 3-day downtrend

Sensex recovers 141 pts, snaps 3-day downtrend

Mumbai: Snapping its three-day losing streak, the BSE Sensex today recovered by over 141 points on value-buying by domestic investors in IT, banking, FMCG and oil and gas stocks amid firming trend on Asian bourses. Also, a slide in crude oil prices boosted sentiments. However, investors appeared cautious ahead of the expiry of derivative contracts for […]

Sensex drops 195 pts, Nifty below 10,400

Sensex drops 195 pts, Nifty below 10,400

Mumbai: The benchmark BSE Sensex dropped 195 points or 0.57 per cent in afternoon trade due to increased selling in bluechips led by Tata Steel , SBI and Larsen & Toubro. Metals, industrials, banks, financials, telecom, realty, FMCG and oil&gas stocks declined. The BSE Sensex trading down 194.17 points or 0.57 per cent at 33,816.59 186.29 […]

Sensex recovers 260 points, Nifty above 10,500-mark

Sensex recovers 260 points, Nifty above 10,500-mark

Mumbai: Stocks staged a strong comeback in early trade with the BSE Sensex gaining over 260 points and the Nifty recaputuring the 10,500-level on continued buying by domestic funds ahead of inflation data to be released after market hours on Monday. Asian markets were also trading in the green after a late-day rally on Wall Street […]

RBI chief Urijit Patel defends monetary policy

RBI chief Urijit Patel defends monetary policy

The Reserve Bank of India governor Urjit Patel on Saturday defended maintaining tight monetary policy even when retail inflation remained low. Addressing reporters along with finance minister Arun Jaitley by his side after a customary post-Budget meeting, Patel said the central bank’s monetary policy remains forward looking rather than “looking at inflation rates of today […]

Stocks retreat on global rout, Nifty ends below 10,500

Stocks retreat on global rout, Nifty ends below 10,500

Mumbai: Stocks tripped over the growing worries about rise in interest rates and a global rout in equities on Friday, with the benchmark Sensex falling over 1 per cent to close at a one-month low and the broader Nifty crashing below the 10,500 level.The 30-share Sensex closed lower by 407.40 points or 1.18 per cent at […]

Sensex drops below 34K, Nifty loses over 1.5% amid global fall

Sensex drops below 34K, Nifty loses over 1.5% amid global fall

Mumbai: Stocks suffered heavy losses in opening trade with the BSE Sensex dropping below the 34,000- mark by slumping about 564 points and Nifty sinking over 1.6 per cent on widespread sell-off triggered by a rout in global equity markets.The BSE 30-share barometer dived 563.51 points, or 1.63 per cent, to 33,849.65, wiping out its gains […]

Sensex recovers 168 points in early trade

Sensex recovers 168 points in early trade

Mumbai: The benchmark Sensex recovered about 168 points in early trade today on buying in realty, IT, capital goods and banking stocks after the RBI maintained status quo in its monetary policy review yesterday.The 30-share index rose by 167.73 points, or 0.49 per cent, to 34,250.44 opening trade. All the sectoral indices led by realty, IT, […]

Markets will continue to fall: Experts

Markets will continue to fall: Experts

New Delhi : The Indian stock markets continued their free fall for the third day since the presentation of the Union Budget 2018-19. If experts are to believed, the slump is likely to continue for the next few days. Stock market expert Sunil Shah attributes the reason to the fall seen in global markets. “There is a […]

1 2 3 16