Markets

Gold loses sheen: Yellow metal falls from 6 year high on weak global cues, end of festive demand

Breaking its six-straight weeks of gains, gold slipped from near six-year highs with prices falling by Rs 580 to end at Rs 32,070 per 10 grams at the bullion market during the week owing to fall in de

Tamil Nadu gets SEBI nod for State Shelter Fund; key things to know

Tamil Nadu has received the nod from the market regulator Securities and Exchange Board of India (SEBI) to launch its State Shelter Fund for attracting investments in the affordable housing segment, D

Why Anand Mahindra says crude oil has received ‘knockout punch’ in ‘boxing match’ and India should cheer it

Just as crude prices fell Friday for a 10th consecutive session, posting longest losing streak in three decades, industrialist Anand Mahindra said he experienced like watching a boxing match in which

Rs 1 lakh invested equally in 10 ‘fastest’ stocks would have multiplied your wealth 17 times in just 5 years

While investing in Sensex would have grown wealth only at a CAGR of about 12% in the last 5 years, investing Rs 1 lakh equally in select 10 stocks would have multiplied investor wealth by 17 times, ac

Bharti Airtel International begins cash purchase of its $1.5 billion bonds to reduce debt

Bharti Airtel on Saturday said it will pre-pay USD 1.5 billion debt with its subsidiary Bharti Airtel International (Netherlands), using the proceeds it got from six global entities investing in its A

Share market wrap: Sensex, Nifty log minimal weekly gains amid festivity; macro-data, elections to steer ahead

Sensex and Nifty recorded minimal gains during the truncated week ended Friday amid the festive season and volatility in the global markets.

Oil’s rapid run of declines kicks up pressure as OPEC gathers

Futures in New York slid 0.8 percent to settle at $60.19 a barrel on Friday, a day after falling into a bear market on concerns growing supplies will overwhelm the market, as the U.S. offered nations

Petrol, diesel prices not hiked for 26th straight day, petrol at Rs 80.90 in Chennai; check rates in your city

Petrol, diesel prices today: The oil marketing companies (OMCs) cut the prices of petrol and diesel for 20th day in a row on Saturday.

Crude oil short-sellers make a comeback as OPEC moves to center stage

While money managers slashed bets on rising West Texas Intermediate crude prices for a ninth week in their longest retreat on record, short-selling jumped to the highest in more than a year.

Asian Markets: $4.3 trillion wipeout is getting deeper

It was looking like a week of wound-licking for Asian stocks. Then crude oil entered a bear market and alarm bells rang on China’s slowdown as tech stocks plunged.

Slump in oil prices and weak Chinese economic data weighs on global stocks

Stocks around the globe suffered their biggest drop in two weeks on Friday.

FPIs make a comeback to Indian debt market, buy $721.5 million in November so far

So far in November, FPIs have bought $721.5 million in debt, the highest monthly purchase since January.

Gold loses sheen: Yellow metal prices fall to Rs 32,250 on weak demand

Amid weak demand, the gold prices on Friday fell to Rs 32,250 per 10 grams, down by Rs 150, in the third straight session loss for precious metal.

Market volatility fails to deter investors, mutual funds’ asset base rises to Rs 22.23 lakh crore in October

According to Amfi data, the asset under management (AUM) of the industry, comprising 42 players, was Rs 22.04 lakh crore at the end of September.

Brent crude falls below $70 a barrel for the first time in seven months

Benchmark Brent crude oil fell below $70 a barrel for the first time since early April, down more than 18 percent since reaching four-year highs at the beginning of October.

LPG price hiked by over Rs 2 after rise in dealers’ commission

This is the second increase in rates this month, the earlier one being on November 1, when prices went up by Rs 2.94 per cylinder because of tax component on base price.

Surat Diamond Bourse: See pics how world’s largest diamond trade complex will look

Surat Diamond Bourse (SDB), the world’s largest single complex spread over an area of 66 lakh square feet, will be ready by 2020.

Modi government’s unique disinvestment: Enemy share sale to fetch Rs 3,000 crore; here’s what it means

In a bid to boost disinvestment receipts, the Cabinet on Thursday gave its approval to sell Enemy Property worth Rs 3,000 crore. We take a closer look.

Sweet news for sugar stocks! India to resume exports of 2 mn tonnes to China in 2019, shares surge up to 7%

Shares of domestic sugar manufacturing companies like Dhampur Sugar Mills Ltd, Balrampur Chini Mills Ltd, Shakthi Sugars, Ugar Sugar Works Ltd, Dwarikesh Sugar Industries, Mawana Sugars and E.I.D-Pa

Bharti Airtel share price cracks 6% after Moody’s puts company under review for downgrade

Bharti Airtel share price: Shares of Sunil Mittal-led Bharti Airtel cracked nearly 6% in early morning trade on Friday after Moody's Investors Service placed the telecom company's rating on review for

US Fed keeps rates unchanged; UBS sees rate tightening, trade war among key investor concerns in India

Even as the US Federal Reserve keeps rate unchanged in line and hinted that a rate hike could come in next month, UBS notes that expectations of Fed rate tightening is one of the key macro concerns fo

Indian-origin brothers charged in US with deceiving investors in supposedly unbiased reports

Two Indian-origin brothers have been charged by the US federal regulator for deceiving investors by purporting to provide unbiased research reports on certain publicly-traded small and microcap compan

Dredging Corp share price zooms 10% after Modi government approves sale; key things to know

Shares of state-run Dredging Corporation of India surged 10% in the morning trade on Friday, after the Narendra Modi-led government approved the sale of its entire stake to a consortium of four ports.

Share market HIGHLIGHTS: Sensex closes 79 points lower, Nifty at 10,585; Yes Bank gains 5%, Airtel top loser

Share market HIGHLIGHTS: The BSE Sensex closed Friday's trade lower by nearly 80 points, while the NSE Nifty 50 ended at 10,585.20 points. Yes Bank gained 5%, while Bharti Airtel was the top loser on

Bitcoin Battle: Winklevosses’ foe wins end to asset freeze

The Winklevoss brothers lost a round in a court against the disgraced former head of a New York cryptocurrency exchange.

US Federal Reserve holds interest rates steady, says economy remains on track

The US Federal Reserve held interest rates steady on Thursday and said ongoing strong job gains and household spending had kept the economy on track.

Modi government’s disinvestment drive: Dredging Corporation, enemy shares up for sale

Anxious to boost disinvestment receipts, the Cabinet on Thursday decided to dip into a portion of ‘enemy shares’ in its possession and sell Dredging Corporation of India to a clutch of state-owned

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