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File picture of Punit Goenka The Securities Appellate Tribunal on Monday lifted the ban on Zee Entertainment top boss Punit Goenka to hold board positions in any of the four Zee Group companies, paving the way for him to resume the proposed role in the planned merger between ZEE and the Indian unit of Japan’s…
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File. | Photo Credit: C. Venkatachalapathy The rupee was trading in a narrow range against the US dollar in early trade on Monday, amid a negative trend in domestic equities. Forex traders said the rupee is trading in a narrow range as sustained foreign fund outflows and strength of the American currency in the overseas…
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Equity benchmark indices declined in early trade on Monday (October 30) after a day’s breather amid continuous foreign fund outflows and sluggish trends in global market. The 30-share BSE Sensex declined 179.06 points to 63,603.74 despite a positive beginning. The Nifty dipped 49.25 points to 18,998. Among the Sensex firms, Tata Motors, Mahindra & Mahindra,…
The BSE benchmark jumped 634.65 points or 1.01 per cent to settle at 63,782.80 on Friday. (File) Mumai: Equity benchmark indices declined in early trade on Monday after a day’s breather amid continuous foreign fund outflows and sluggish trends in the global market. The 30-share BSE Sensex declined 179.06 points to 63,603.74 despite a positive…
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A worker levels iron ore in a freight train at a railway station in Karnataka. | Photo Credit: REUTERS This is the first of a three-part series of articles on the Indian railways, its capital expenditure and freight business. The Indian Railways (IR) has been on a spending spree with respect to capital expenditure (capex),…
Economists feel a prolonged conflict in West Asia could push crude oil prices beyond India’s comfort zone. | Photo Credit: Getty Images/iStockphoto The story so far: The Indian economy, measured in terms of the Gross Domestic Product (GDP) as well as Gross Value-Added (GVA), grew 7.8% between April and June (first quarter or Q1) this…
Read More “What’s in store for the economy in second half? | Explained” »
The U.S. Federal Reserve is widely expected to keep its key short-term interest rate unchanged when it meets next week. File | Photo Credit: Reuters An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the…
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High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer. Several central banks are still expected to begin cutting interest rates by the middle of…
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Onion prices have further risen to Rs 65-80 per kg in the retail market in Delhi on lower supply New Delhi: The government on Saturday imposed a minimum export price (MEP) of USD 800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the…
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A vegetable vendor arranging onion and other vegetables at a local market, in New Delhi. File | Photo Credit: Sushil Kumar Verma The government on Saturday imposed a minimum export price (MEP) of $800 per tonne on onion exports till December 31 this year with a view to increase availability of the vegetable in the…
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