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Jio Financial Services Ltd (JFSL) demerged from Reliance last month. (File) New Delhi: Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began…
Read More “Jio Financial Services Shares Hit Lower Circuit In Debut Trade” »
Chinese leader Xi Jinping has called for patience in a speech released as the ruling Communist Party tries to reverse a deepening economic slump and said Western countries are “increasingly in trouble” because of their materialism and “spiritual poverty.” File | Photo Credit: AP China’s economy, the world’s second-largest, is now in deep distress and…
Read More “Chinese economy in distress, its model is ‘broken’: report” »
The 30-share BSE Sensex climbed 145.44 points to 65,094.10 in early trade. (File) Mumbai: Equity benchmark indices rebounded in early trade on Monday after two days of decline amid mixed global market trends. The 30-share BSE Sensex climbed 145.44 points to 65,094.10 in early trade. The NSE Nifty gained 45.05 points to 19,355.20. From the…
Read More “Sensex Rises 145 Points In Early Trade After 2 Days Of Decline” »
Forex traders said the rupee is likely to trade with a negative bias on risk aversion in global markets and a rising U.S. dollar. Image for representation purpose only. File | Photo Credit: Reuters The rupee recovered from its all-time low levels and appreciated by 5 paise to 83.05 against the U.S. dollar in early…
Read More “Rupee rises 5 paise to 83.05 against U.S. dollar” »
From the Sensex pack, Power Grid, NTPC, JSW Steel, HCL Technologies, Wipro, Tata Consultancy Services, Axis Bank, Tech Mahindra, Tata Steel and Tata Motors were among the gainers. (For Representational purpose only) Equity benchmark indices rebounded in early trade on August 21 after two days of decline amid mixed global market trends. The 30-share BSE…
Read More “Markets climb in early trade after two days of decline” »
Pulses on the market at a store in Delhi. Costs of pulses have risen sharply, dashing to 13.3% in July from 10.6% in June. Document | Picture Credit score: The Hindu Tomato costs could also be cooling from fresh highs, however pulses may play games the nearest spoilsport within the struggle towards inflation, with a…
Read More “Pulses costs might spiral as poor mist mars sowing” »
Report picture of a farmer protective his hard paddy from rains by means of protecting it in plastic sheet | Photograph Credit score: VIJAY SONEJI Farmers from the flood-ravaged States in north Republic of India have introduced to bundle in Union Dimension of Chandigarh on August 22 to press for instant reimbursement from the Centre…
The J&K Bank has terminated the services of a Chief Manager-rank officer for “the State’s security interests” and decided against holding any formal inquiry. The terminated officer has been identified as Chief Manager Sajad Bazaz, also a widely-read columnist on economic affairs and banking. He writes for the Greater Kashmir, a local daily. “It was…
Read More “J&K Bank sacks Chief Manager Sajad Bazaz for ‘State’s security interests’” »
T.V. Somanathan, Finance Secretary. File. | Photo Credit: KAMAL NARANG The government is expected to constitute the 16th Finance Commission by end of November, Finance Secretary T V Somanathan said. Finance Commission is a constitutional body that gives suggestions on Centre-State financial relations. It suggests, among other things, the ratio in which tax is to…
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The retail inflation touched a 15-month high of 7.44% in July, a spike from 4.87% in June. File | Photo Credit: PTI The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices is a concern even though it is still…
Read More “Vegetable prices likely to cool down next month, says Finance Ministry” »
