Crude Above $107 Adds To Market Jitters, Sensex Plunges 1,124 Points As Nifty Drops 1.56% And PSU Banks Sink

Mumbai: Indian stock markets closed sharply lower on Monday as surging crude oil prices, elevated and a  sparked broad selling across sectors. PSU banks led the decline, while only two Nifty 50 stocks finished higher. The Nifty 50 fell 360.25 points, or 1.56%, to 22,780.25. The BSE Sensex dropped 1,124.02 points, or 1.52%, to close … Read more

Silver Takes A Rs 7,000 Hit On MCX, Prices Slip Below Rs 2.28 Lakh As Global Sell-Off Deepens

Mumbai: Silver prices fell sharply on Monday as a global sell-off in precious metals pushed the December futures contract below ₹2.28 lakh per kg on the  (MCX). At noon, MCX December silver futures traded at ₹2,27,494 per kg, down ₹7,202, or 3.07%, from the previous close of ₹2,34,696. The decline brought prices close to a … Read more

Dow Slips Over 350 Points, Nasdaq And S&P 500 Also In The Red As Treasury Yields, Crude Oil Prices Rise

Investors are eyeing key labor, inflation and growth data alongside Micron’s earnings later this week. U.S. Treasury yields moved higher as selling pressure returned to global government bond markets. Crude oil prices jumped after President Donald Trump rejected Iran’s conditions to reopen the Strait of Hormuz. Oil futures are nearly 50% above their level before … Read more

SEBI Likely To Form Panel On Stock Exchange Self-Listing Rules After NSE Listing Debate

Market regulator Securities and Exchange Board of India (SEBI) is likely to set up a committee to examine the possibility of allowing stock exchanges to list and trade their own shares on their platforms, according to a CNBC-TV18 report citing sources. If introduced, the proposed self-listing framework would also apply to exchanges that are already … Read more

Iran Completes Chabahar-Zahedan Railway, Boosting India’s Connectivity To Afghanistan And Central Asia

Iran has completed construction of the 730-km Chabahar-Zahedan railway line, a development expected to strengthen India’s access to Afghanistan, Central Asia and parts of Russia through Iranian territory. The railway project, which has been under development for several years, is expected to begin full operations within three to four months after Iranian authorities complete final … Read more

YSRCP slams media for calling protesting employees ‘ganja batch’

YSRCP spokesperson Putha Siva Shankar slammed media for calling protesting government staff a ‘ganja batch,’ demanding legal action. He said many employees are highly qualified and urged the AP government to address their grievances and drop protest cases. YSRCP Condemns Media for ‘Insulting’ Protesting Employees YSRCP spokesperson Putha Siva Shankar strongly condemned sections of the … Read more

DK Shivakumar urges Centre to address concerns on CZMP, Western Ghats

Karnataka CM DK Shivakumar urged the Centre to address concerns over the CZMP and Western Ghats ESA. He sought intervention to ensure the state’s ecological, livelihood, and developmental concerns are considered before finalising the frameworks. Karnataka Chief Minister DK Shivakumar has urged Union Environment, Forest and Climate Change Minister Bhupender Yadav to address the State’s … Read more