Final Trade August 13: Sensex & Nifty Fall 1% Amid Broad Selling
Sensex and Nifty lost nearly 1 per cent and Closed weak amid Broad-based selling today. At the closing bell, the BSE Sensex slashed 693 points, or 0.87 per cent, to…
Global Crude Prices Slide: Brent at $81.85 and WTI at $79.79
In the global crude market Brent and WTI Crude trading weak. Brent crude slid more than half a per cent and traded at 81 dollars and 85 cents per barrel.…
RBI directs NBFCs to return full cash deposit within first 3 months in case of emergency
Staff Reporter The Reserve Bank has directed non-banking financial companies – NBFCs to return 100 percent of deposit amount within the first three months, if the depositor seeks the withdrawal…
Ministry of Coal Launches Global Mining Initiative to Boost Coal Production
SUDHIR KUMAR / NEW DELHI The Ministry of Coal has unveiled an ambitious plan to boost coal production through global mining operators. The Ministry said that the primary goal of…
Adani Group rejects Hindenburg’s new allegations
accuses US short seller of manipulation The Adani Group has condemned the latest allegations by Hindenburg Research as “malicious, mischievous, and manipulative” distortions of publicly available information. According to a…
Global gold prices decline from record highs amid falling US Treasury yields
Global gold prices fell from the record highs this week on dip in US Treasury yields as investors grew confident that the Federal Reserve would lower interest rates in September.…
SEBI Chief, her husband had hidden stakes in obscure offshore funds with links to Vinod Adani: Hindenburg new Report
Hindenburg Research on Saturday launched a direct attack on Chairperson of the Securities Exchange Board of India, Madhabi Puri Buch, alleging that she and her husband held stake in offshore…
FM Sitharaman asks Banks to focus on Core Banking, mobilise deposits & lending funds
A R DAS Finance Minister Nirmala Sitharaman has stressed on the need for banks to focus on ‘core banking’. She said this while addressing the media after holding a meeting…
Sensex and Nifty Decline as Smallcap, Midcap, and Largecap Indices Shed Up to 2%
The broader indices broke a two-week streak of outperformance and ended lower, in line with the main indices, during a highly volatile week marked by mixed quarterly earnings, an inline…
BSNL to Roll Out Over-the-Air / Universal SIM Pan India
Staff Reporter / New Delhi India’s largest state run telecom operator, Bharat Sanchar Nigam Limited (BSNL) has announced the launch of its state-of-the-art New Generation Over-the-Air (OTA) and Universal SIM…