Category: Business

New Delhi: Global markets exhibited a mixed trend on Friday as investors remained cautious ahead of key U.S. inflation data. After trading under pressure in the previous session, the U.S. indices managed to close slightly higher, while Asian markets opened on a divergent note this morning.

New Delhi: Indian equity benchmarks opened lower on Friday but staged a sharp recovery following the Reserve Bank’s announcement of interest rate cuts under its monetary policy, igniting buying momentum across the market. After trading under pressure until 10 AM, both the Sensex and Nifty reversed course, with the BSE Sensex climbing 136.58 points or […]

New Delhi: India’s largest carrier, IndiGo, faces an ongoing operational crisis due to crew shortages, with the disruptions expected to continue into the coming days, leaving thousands of passengers stranded. The airline acknowledged misjudging the crew shortfall and admitted lapses in its planning process.

New Delhi: The domestic bullion market witnessed a slight softening in silver prices on Friday, with declines limited to around Rs 100 per kilogram. This marginal downturn pushed silver below the Rs 2 lakh per kilogram mark again in key centres like Chennai and Hyderabad.

New Delhi: Global markets exhibited a mixed performance on Thursday, with Asian equities trading cautiously after varied signals from US and European markets. While Wall Street ended the previous session on a positive note, European indices delivered contrasting results, setting an uncertain tone for Asian trading hours.

New Delhi: Domestic equity markets witnessed an upward momentum in early trading hours on Thursday after a volatile start. The session opened on a weak note, but a surge in buying interest shortly after the opening bell lifted both benchmark indices, the Sensex and Nifty, into positive territory. By 10:00 AM, the Sensex had gained […]

New Delhi: Global markets presented mixed signals on Wednesday, with US indices closing higher on tech sector strength while European benchmarks ended unevenly and Asian trading remained divided. US markets rebounded in the previous session, driven by gains in technology stocks. The Dow Jones rose nearly 190 points to close strong, the S&P 500 advanced […]

New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday emphasized that the rapid digitalization of economic activities and the emergence of new financial products have introduced unprecedented challenges to the global economy. Addressing the 18th Global Forum Plenary Meeting in New Delhi, she stressed the urgent need for collective action by all jurisdictions to address […]

New Delhi: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) will commence its fifth bi-monthly review meeting on Wednesday, December 3, spanning three days until Friday, December 5. RBI Governor Sanjay Malhotra will announce the decisions, including any changes to the policy repo rate, at 10 a.m. on December 5. Economic experts anticipate […]

New Delhi: Global markets are exhibiting signs of weakness as mixed trends unfold across Asian trading floors. The American markets closed lower in the previous session, breaking a five-day rally, with the Dow Jones plummeting over 400 points. The S&P 500 fell 0.53%, closing at 6,812.65 points, while the Nasdaq declined by 0.46%, ending at […]