Business

The BSE benchmark Sensex Tuesday jumped over 300 points led by gains in metal, oil and gas, banking and energy stocks amid unabated buying by foreign investors and strong global cues. Key indices extended the pre-election rally on expectations that the incumbent NDA government will get a second term following the announcement of 2019 general election dates earlier this week, ...

Gold prices Thursday declined Rs 360 to Rs 33,070 per 10 grams at the bullion market in the national capital on account of tepid demand from local jewellers amid weak global market. Following gold, silver saw a fall of Rs 520 to Rs 38,980 per kg due to reduced offtake by industrial units and coin makers. Traders attributed the fall ...

The rupee depreciated 11 paise to 70.60 against the US dollar in opening trade Wednesday on increased demand for the greenback from importers and banks. Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency. However, fresh foreign fund inflows, easing crude prices and positive opening in domestic equities supported the rupee and ...

IndiGo airlines Tuesday announced a three-day special Holi sale across its domestic and international network for travel between March 19 and September 28. “Effective March 05, 2019 till March 07, 2019, IndiGo is offering all-inclusive fare starting at Rs 899 across domestic and Rs 3,399 across international sectors. This sale is valid for travel between March 19, 2019 and September ...

GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month, the Finance Ministry said Friday. However, compliance improved and the number of sales return or GSTR-3B filed for the month of January up to February 28, 2019 stood at 73.48 lakh. This is higher than 73.3 lakh returns filed in January. “The ...

The benchmark BSE Sensex fell over 350 points in early trade Tuesday amid rising tension between India and Pakistan, weak Asian cues and selling pressure on banking, power, IT and power counters. The Sensex was trading 343.20 points, or 0.95 per cent, down at 35,870.18 after touching a low of 35,842.58. The gauge rallied 342 points in Monday’s trade. The ...

DAINIK NATION BUREAU Emerging markets guru Mark Mobius says Prime Minister Narendra Modi will not be able to return to power alone after the next general election, and the Bharatiya Janata Party (BJP) will need a lot of alliance support to stay in power. In an exclusive interview with ETMarkets.com, Mobius said BJP will most likely miss out on the ...

Ministry of Textiles, in association with Central Silk Board, is organizing an event, Surging Silk – Accomplishment and way forward, in New Delhi on 9th February 2019. Union Minister of External Affairs, Sushma Swaraj will be the chief guest and the event will be presided over by Union Minister of Textiles, Smriti Zubin Irani. The event is being organized to ...

DAINIK NATION BUREAU The Reserve Bank of India (RBI) on Thursday reduced the repo rate by 25 basis point and also changed its stance to “neutral” from existing “calibrated tightening”. The repo rate, or the key interest rate at which the central bank lends short-term funds to commercial banks, now stands at 6.25 per cent, said the RBI in its ...

Gold prices on Wednesday declined marginally by Rs 25 to Rs 34,450 per 10 gram at the bullion market in the national capital on muted demand from jewellers, according to the All India Sarafa Association. Silver also slumped Rs 320 to Rs 41,380 per kg on subdued offtake from industrial units and coin makers. Traders attributed the decrease in the ...