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Category: Business

Business

Sensex Rises 145 Points In Early Trade After 2 Days Of Decline

Posted on August 21, 2023 By admin
Sensex Rises 145 Points In Early Trade After 2 Days Of Decline

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…

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Business

Rupee rises 5 paise to 83.05 against U.S. dollar

Posted on August 21, 2023 By admin
Rupee rises 5 paise to 83.05 against U.S. dollar

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…

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Business

Markets climb in early trade after two days of decline

Posted on August 21, 2023 By admin
Markets climb in early trade after two days of decline

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” »

Business

Pulses costs might spiral as poor mist mars sowing

Posted on August 20, 2023 By admin
Pulses costs might spiral as poor mist mars sowing

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” »

Business

Farmers from flood-ravaged northern States to bundle in Chandigarh to press for particular bundle, reimbursement from Centre 

Posted on August 20, 2023 By admin
Farmers from flood-ravaged northern States to bundle in Chandigarh to press for particular bundle, reimbursement from Centre 

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…

Read More “Farmers from flood-ravaged northern States to bundle in Chandigarh to press for particular bundle, reimbursement from Centre ” »

Business

J&K Bank sacks Chief Manager Sajad Bazaz for ‘State’s security interests’

Posted on August 20, 2023 By admin
J&K Bank sacks Chief Manager Sajad Bazaz for ‘State’s security interests’

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’” »

Business

Finance Commission expected to be constituted by November end: Finance secretary

Posted on August 20, 2023 By admin
Finance Commission expected to be constituted by November end: Finance secretary

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…

Read More “Finance Commission expected to be constituted by November end: Finance secretary” »

Business

Vegetable prices likely to cool down next month, says Finance Ministry

Posted on August 20, 2023 By admin
Vegetable prices likely to cool down next month, says Finance Ministry

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” »

Business

India’s ONGC Videsh Secures 3-Year Extension To Explore South China Sea

Posted on August 19, 2023 By admin
India’s ONGC Videsh Secures 3-Year Extension To Explore South China Sea

ONGC Videsh is the overseas investment arm of India’s top oil explorer Oil and Natural Gas Corp. Mumbai: Indian energy company ONGC Videsh has secured a three-year extension from Vietnam to explore ‘Block 128’ in the South China Sea, it said in a post on social messaging platform X, formerly known as Twitter. Conflicting territorial…

Read More “India’s ONGC Videsh Secures 3-Year Extension To Explore South China Sea” »

Business

Centre imposes 40% duty on onion exports, to offload stocks

Posted on August 19, 2023 By admin
Centre imposes 40% duty on onion exports, to offload stocks

A labourer shortlist onion at APMC wholesale Market in Ahmedabad. File | Photo Credit: Vijay Soneji The Centre, on Saturday, imposed a 40% duty on the export of onions. The Centre will also offload stocks of onions in various wholesale markets to reduce the retail prices. The national average prices of the essential vegetable had…

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Business

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