Business
Gold Futures Drop Rs 88 on Weak Global Cues
Amid a weakening global trend gold futures traded Rs 88 down at Rs 29,295 per 10 grams on Thursday as speculators reduced their positions.
Cyrus Mistry's Hostility Towards Tata Sons Led to His Removal: Harish Bhat
Cyrus Mistry's "hostility" to primary promoters had led to his removal as chairman of Tata Global Beverages as it posed significant risk to the company's future performance, said the new head Harish Bhat.
Cash Crunch if Lasts Long Can Hit Firms' Q3 Results, Says CII
Government's move to demonetise higher denomination currency notes is bound to adversely impact the third quarter earnings of corporates, particularly those involved in retail trade, unless the cash crunch is alleviated by the month-end, industry body CII...
Banks Get 3 Trillion of Old-currency Notes in Four Days
Several banks in the country received 3 trillion rupees of 500-and 1,000-rupee notes over the last four days, the Finance Ministry said on Sunday, after the government announced it would withdraw such bills to crack down on corruption.
Asian Shares Dip, Soaring U.S. Bond Yields Rattle Emerging Markets
The money market futures FFZ6 FFF7 are pricing in about 75 percent chance of a rate hike.
Gold Gives Up Ground From 3-yr High, Tumbles Rs 600
Gold prices came off a three-year high by plunging Rs 600 to Rs 31,150 per 10 grams on Thursday, hit hard by big fall in demand from jewellers amid profit-booking by stockists, but the metal firmed up overseas.
Sensex Rebounds 390 Points, Nifty Hits 8,500 on Global Cues
Recuperating from a double whammy of Trump win and the Centre's black money crackdown, Sensex on Thursday soared over 390 points and Nifty topped the 8,500-level in early session, tracking a rally in global equities.
Sensex Ends 339 Points Down on Black Money Measures, Donald Trump's Win
Markets went off the rails as Sensex crashed 1,689 points and Nifty over 541 points in early session after a surprise Donald Trump win and the government's move to withdraw high value notes, but managed to pull back towards the fag-end to close 339 points...
Rupee Jumps to 1-Month High vs Dollar; Ends Up 12 Paise at 66.62
The rupee on Tuesday recovered 12 paise to close at one-month high of 66.62 per US dollar following heavy dollar unwinding by banks and exporters amid capital inflows.
My Sacking Was Over in a Minute, says Nirmalya Kumar
Recalling how he was ousted as one of the non-executive directors of Tata Sons, Prof. Nirmalya Kumar of the London School of Economics says it was over in a minute.
'China's Contribution to World Economy to Remain Around 30%'
Though China's economy is currently witnessing a slowdown, the contribution of the world's second largest economy to global growth will remain around 30 per cent for the next five years, a top Chinese economist says.
Stock Markets to Hold Muhurat Trading Session on Diwali
This ritual has been observed for ages by the trading community.
Key Indian Equity Market Indices Open in Red
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 8,615.25 points, was trading at 8,585.95 points, down 29.30 points or 0.34 per cent.
Apple Partnering with Mukesh Ambani's Reliance Jio, Says Tim Cook
Citing Reliance Jio's roll-out of 4G coverage in India, Apple CEO Tim Cook has said his company "couldn't be more excited" about the enormous investments being made in high-speed telecom networks, even as he conceded that Apple smartphone has "not done as...
AT&T Says New Streaming Service will Cost USD 35 a Month
AT&T says a streaming service with more than 100 popular TV channels that's coming out next month will cost USD 35 a month.
Cyrus Mistry Ouster May be Good for Tata Steel's UK Operations, Says Media
The shockwaves over Tata Group's decision to oust its chairman Cyrus Mistry were felt strongly here with the British media on Tuesday speculating that it may be "good news" for the company's UK operations due to interim chairman Ratan Tata's affinity towa...
