BSE Sensex began Samvat 2080 on a positive note with the index climbing 354 points beyond the 65,000 mark in the Muhurat trading session on Sunday. The Sensex ended the special one-hour session up 355 points at 65,259 points. Infosys led the Sensex gains up 1.4 per cent followed by Wipro, Asian Paints, TCS…
In response to Tesla’s request that India reduce import tariffs on electric vehicles (EVs) as a prerequisite for setting up a manufacturing plant in the country, the Centre is considering a 15 per cent reduction in customs duties for EVs across all price ranges, Financial Times reported on Monday. India currently imposes high customs…
Australian stock markets experienced a widespread decline on Monday, driven by weakness in financial stocks, persistent concerns about interest rates, and anticipation of crucial US inflation data. The S&P/ASX 200 index closed 0.4 per cent lower at 6,948.800 points, marking its lowest closing level since November 2, following a 0.6 per cent drop on Friday….
The government has provided a one-time exemption from the export ban to Patanjali Ayurved for shipping 20 tonnes of non-basmati white rice as a donation to Nepal for earthquake victims. Though exports of non-basmati white rice were banned on July 20 to boost domestic supply, exports are allowed on the basis of permission granted…
Oil prices faced a setback on Monday, reversing their recent Friday rally, as mounting concerns about waning demand in both the United States and China took a toll on market sentiment. Brent crude futures for January dipped by 0.4%, down 35 cents to $81.08 a barrel, at 0051 GMT, while US West Texas Intermediate (WTI)…
Shares of state-owned engineering company Bharat Heavy Electricals Ltd witnessed a rally of 6.01% today to 136.70 per share on Monday. BHEL shares also saw a spurt in volume by more than 3.12 times today. The rally in BHEL stock took place despite the firm reporting a consolidated net loss of Rs 238.12 crore for…
Hindustan Copper Ltd shares surged nearly 7% on Monday after the company reported a more than two-fold jump in net profit for the September quarter. The stock opened higher and rose further by 7% to hit a high of ₹160.55 per share on BSE in morning deals. Trading volume surged by nearly 3 times…
Shares of Suzlon Energy Ltd jumped for the third straight day on Monday ahead of the MSCI rebalancing, which is scheduled for Wednesday, November 14. The stock gained, as Suzlon Energy is seen to have high probability to get included in the MSCI India Standard index, along with half a dozen other stocks. The move…
Shares of BSE on Monday scaled their record high level. The stock jumped over 6% to hit an all-time high of ₹2273.9 against its previous close of ₹ 2,135. At 12:15 pm, shares of the exchange were ruling 6.16% higher at ₹ 2,257.05 per share as against a 0.45% decline in the benchmark Nifty50 index….
The Centre is planning to introduce new norms in car safety as road accidents continue to surge in India. The Ministry of Road Transport and Highways (MoRTH) has shared a draft policy which proposes installing in-built collision warning signal in passenger cars as well as commercial vehicles to bring down the number of road accidents…