Business
How a Cashless Rural Economy and Climate Change Contributed to High Food Inflation in India
Abhijit Sen, an Economics professor at JNU and a former member of the erstwhile Planning Commission of India, explained that a major part of this ‘climate change-trade’ problem is related to demonetisation.
Onions Will be Provided for Rs 22/kg, Says Centre as Retail Inflation Hits 5-year High
Onion prices ruled above Rs 100 per kg in various markets till recently because of crop damage due to excessive rains. However, prices have started to move southwards with fresh crop arrival and imports.
Sebi Defers Deadline For Companies to Split CMD and Chairman Post by Two Years
Now, the date of implementation of the regulatory provision has been deferred to April 1, 2022, according to a gazette notification dated January 10.
ED Moves HC to Modify Order of No Coercive Steps against Bhushan Steel's Neeraj Singal in PMLA Case
The ED had issued summons to Neeraj Singal in the money laundering case registered in connection with alleged siphoning of funds worth over Rs 2,000 crore.
Yes Bank Slides 13% in Two Days as Bank’s Former Audit Committee Head Seeks Sebi Probe
After closing 5.4% lower on Friday, Yes Bank shares further cracked as much as 8% in intra-day trade on Monday. At 11:04 am, the stock was trading at Rs 42, down 6.2% from its previous close.
India is in Talks with Mongolia and Russia for Importing Coking Coal: Dharmendra Pradhan
The minister said the Centre is looking to import coking coal, a raw material for making steel, at a reasonable price as the country has set a target to produce 300 million tonne of the metal by 2030-31.
Bharti Airtel, SBI, Sunteck Realty and Strides Pharma Among Key Stocks in Focus Today
At 10:33 am, the benchmark S&P BSE Sensex jumped 493.67 points, or 1.21%, to 41,311.41, while the Nifty 50 index was up 148.75 points, or 1.24%, to 12,174.10.
HDFC Bank, ITI, PI Industries and Tata Motors Among Key Stocks in Focus Today
HDFC Bank Ltd shares jumped 2.5% as advances in the December quarter jumped 20% to Rs 9.34 lakh crore, while deposits grew 25% to Rs 10.67 lakh crore compared with a year ago.
Sensex Recovers 500 Points; Nifty Above 12,100 in Early Trade
HDFC Bank was the gainer in the Sensex pack, rallying up to 2.16 per cent, followed by IndusInd Bank, Reliance Industries, Tata Steel, SBI and Axis Bank.
Rupee Jumps 22 Paise to 71.71 as Crude Oil Prices Ease
The domestic unit started the session on a positive note and held its ground in early transactions at the Interbank Foreign Exchange.
$5 Trillion Economy Achievable But Time Frame is Uncertain, Says SBI Chief
FICCI president Sangitha Reddy said there is a slowdown in the economy and the government needs to infuse Rs one-two lakh crore to revive the sentiment.
SBI, IIFL Securities, ONGC and MTNL Among Key Stocks in Focus Today
The benchmark S&P BSE Sensex fell 124.29 points, or 0.3%, to 41,502.35, while the Nifty was down 41.70 points, or 0.34%, to 12,240.50.
Sensex Tumbles Over 100 Points, Nifty Tests 12,250 amid Flare Up in Middle-east
The 30-share BSE index was trading 107.35 points or 0.26 per cent lower at 41,519.29. Similarly, the broader NSE Nifty slipped 39.10 points or 0.32 per cent to 12,243.10.
RBI's 3rd 'Operation Twist' on January 6 to Improve Transmission
Operation Twist involves a central bank simultaneously buying long-dated securities, while selling short-term securities. The objective is the management of the yield curve.
Sensex Rallies 320 Points, Nifty Ends at New Lifetime High
The 30-share BSE Sensex ended 320.62 points, or 0.78 per cent, higher at 41,626.64. Similarly, the NSE Nifty closed 99.70 points, or 0.82 per cent, up at 12,282.20, its new closing record.
Rupee Kick Starts New Year on Positive Note, Settles 14 Paise Higher at 71.22 Against Dollar
The domestic currency settled at 71.22 against the previous close of 71.36 as positive macro data and optimism over the US-China trade deal boosted the investor sentiment.
