Business

Mumbai, July 12 (IANS) Sensex and Nifty traded slightly lower during the early trade on Friday ahead of the release of key data points, Consumer Price Index (CPI) and Index of industrial production (IIP).IIP data for May and CPI…
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New York, July 12 (IANS) The New York Stock Exchange's key indexes set new record highs on Thursday, fueled by expectations that the US Federal Reserve will cut interest rates.The Dow Jones Industrial Average gained 227.88 points, or…
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By Anjana Das New Delhi, July 11 (IANS) Public sector Bharat Sanchar Nigam Ltd (BSNL) is in the process identifying land parcels all over the country for monetisation, which as per its internal estimate is valued at Rs 20,000 crore in…
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Mumbai, July 11 (IANS) The Sensex and Nifty opened higher on Thursday after US Federal Reserve Chairman Jerome Powell hinted at a rate cut.Earlier, owing to strong job data from the US had faded hope of an aggressive rate cut. Analysts…
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San Francisco, July 11 (IANS) For many of us, Tesla is a new entrant in the global auto industry but Elon Musk has actually become the longest serving CEO in today's automotive segment.The feat was achieved when then-Daimler CEO Dieter…
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Chicago, July 11 (IANS) Gold futures on the COMEX division of the New York Mercantile Exchange rose significantly on Wednesday as US Federal Reserve Chairman Jerome Powell's testimony boosted hopes for interest-rate cuts.In prepared…
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New Delhi, July 10 (IANS) Domestic passenger car sales continued to slump with the segment's off-take falling 24.07 per cent in June. According to industry observers, high cost due to GST, low demand, and lack of adequate liquidity…
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Mumbai, July 10 (IANS) Shares of IndiGo fell 17 per cent during early trade on Wednesday after the dispute between its promoters came out in the open.At 9.47 a.m., the budget passenger carrier was trading at Rs 1,379.65 apiece, down by…
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Mumbai, July 9 (IANS) The country's largest lender, the State Bank of India (SBI), on Tuesday announced that it will lower the marginal cost of funds based lending rates (MCLR) across all tenors, which will result in its home, car and other…
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Mumbai, July 9 (IANS) Market regulator Sebi has sought a response from budget passenger carrier IndiGo on the alleged grievances raised by one of its promoters, Rakesh Gangwal.According to IndiGo's regulatory filing: "... we inform you…
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