The rupee fell 20 paise to close as 81.37 against the US dollar on Monday amid rise in crude prices and unabated foreign fund outflow. However, strong sentiment at domestic equities market restricted the fall of the local currency, forex traders said. “Dollar index helped rupee strength as dollar was weak at morning session at […]
The Securities and Exchange Board of India (Sebi) has extended the suspension on derivatives trading of seven commodities for one more year till December 20, 2023. The ban was on paddy (non-basmati), wheat, chana, mustard seeds, soyabean, crude palm oil and moong. The industry had hoped the ban would be relaxed as retail inflation as […]
Oil prices stabilised on Tuesday after falling early in the previous session on investor worries that recent banking-sector problems would weigh on the global economy and limit demand for crude. Brent crude futures for May settlement gained 5 cents and traded at $73.84 per barrel by 0049 GMT. U.S. West Texas Intermediate (WTI) crude futures […]
Gold prices rose over 1% as FM Sitharaman announced that the basic customs duty on articles and items made from gold bars will be hiked in the Union Budget 2023. The Finance Minister also added that conversion of gold to e-gold would not be liable for any capital gains. On the back of this news,gold […]
The Securities and exchange board of India has banned 31 individuals including Arshad Warsi and his wife Maria Goretti Warsi from buying, selling or dealing in securities for manipulating shares of Sadhna Broadcast by uploading misleading videos on YouTube. Capital markets regulator SEBI said that promoters of Sadhna Broadcast, and Arshad Warsi, along with Manish […]
The rupee fell 28 paise to close at 81.70 against the US dollar on Tuesday amid stronger American currency and unabated foreign fund outflow. However, lower crude prices capped the losses in the local unit, forex traders said. Also read: Markets Wrap – Tue, 24 Jan ‘23: Stocks rise, rupee falls; Asia, Europe markets, Gold, […]
Stock Market Today, Nifty, Bank Nifty: Benchmark indices NSE Nifty and BSE Sensex may trade lower on Wednesday amid negative global cues. The Nifty futures on the Singapore Exchange (SGX) were trading 31 points or 0.18% lower at 17,755 in the early morning trade. Asian markets were trading mixed with China’s Shanghai Composite Index rising […]
Fees collected by investment bankers in 2022 from activities related to the equity capital market has more than halved from the previous year amid a decline in public share sales. Fees for ECM underwriting stood at $203.1 million, down 54% from a year ago, data from Refinitiv, a financial markets data tracker, showed. Forty companies […]
At the virtual investor meet last week, the management at Voltas highlighted that given above-normal temperatures in the country ahead of the summer season, primary room air conditioner (RAC) sales to channel partners have been good from Feb-23. While the company’s secondary market share in Jan-23 remained stable at 19%, management expects improvement to earlier […]
Edelweiss Group chairman Rashesh Shah believes one reason why risk-taking by the private sector isn’t coming back is because promoters are wary of taking on debt even though equity is available. Shah tells Shobhana Subramanian the new generation of businessmen prefers to invest in existing business rather than set up capacity on their own. We […]
网站备案号: 粤ICP备16118000号-1