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NSE, BSE remove 3 Adani group stocks from short-term surveillance
Business

NSE, BSE remove 3 Adani group stocks from short-term surveillance

New Delhi, Mar 17: The National Stock Exchange (NSE) and the BSE has announced that three Adani group companies — Adani Enterprises, Adani Power and Adani Wilmar — will move out of the short-term additional surveillance measure (ASM). The stocks will be excluded from the short-term ASM framework...
Asian markets fall amid SVB fallout fears
Business

Asian markets fall amid SVB fallout fears

Hong Kong, March 14: Asian stocks fell broadly on Tuesday, dragged down by banking shares, as fears over the fallout of Silicon Valley Bank's collapse gripped the market despite US government efforts to stabilize the financial system, media reports said. Japan's Nikkei 225 tumbled 2.19 per cent...
E-rupee worth over Rs 130 crore in circulation: Sitharaman
Business

E-rupee worth over Rs 130 crore in circulation: Sitharaman

New Delhi, Mar 13: Digital or e-rupee worth over Rs 130 crore is in circulation on a pilot basis as of February 28, finance minister Nirmala Sitharaman said on Monday. The Reserve Bank of India (RBI) had launched pilots in digital rupee in the wholesale segment (e-W) on November 1, 2022 and in...
Sensex, Nifty decline 1 pc on selling in IT, financial shares amid weak global cues
Business

Sensex, Nifty decline 1 pc on selling in IT, financial shares amid weak global...

Mumbai, Mar 10: Benchmark stock indices Sensex and Nifty tanked more than 1 per cent on Friday due to heavy selling in IT, financial and oil stocks in line with weak trends in the global markets. The 30-share Sensex tanked 671.15 points or 1.12 per cent to close at 59,135.13, as 21 of its...
Sensex, Nifty plunges over 1 pc as IT, financial shares drop
Business

Sensex, Nifty plunges over 1 pc as IT, financial shares drop

Mumbai, Mar 10: Benchmark stock indices Sensex and Nifty declined by more than 1 per cent in opening trade on Friday due to heavy selling in financials, IT and capital goods stocks amid weak global trends. The 30-share BSE barometer plunged 730.17 points or 1.22 per cent to 59,076.11 as 25 of...
Cryptocurrency transactions to come under money laundering provisions: Govt
Business

Cryptocurrency transactions to come under money laundering provisions: Govt

New Delhi, March 9: Any participation in transactions involving virtual digital assets or cryptocurrency, would come under the Prevention of Money Laundering Act or PMLA, the Centre has said. This was announced through a gazette notification, issued on March 7. The step has been taken to...
Equity market falls in early trade; Sensex slides 300 points
Business

Equity market falls in early trade; Sensex slides 300 points

Mumbai, Mar 8: Equity market opened sharply lower on Wednesday, with Sensex sliding more than 300 points as the US Federal Reserve's hawkish view on interest rate trajectory and weak global cues hit investor sentiments. Most of the Asian markets, including Hong Kong, were also trading in the...
Sensex, Nifty close higher for 2nd day on gains in global equities; IT, financials shares advance
Business

Sensex, Nifty close higher for 2nd day on gains in global equities; IT,...

Mumbai, Mar 6: Benchmark indices Sensex and Nifty advanced for a second session in a row on Monday on gains in IT, banking and auto stocks following strong global trends. The 30-share BSE benchmark rose by 415.49 points or 0.69 per cent to close at 60,224.46 with 25 of its constituents ending in...
Sensex crosses 60,000 level in early trade; Nifty tests 17,700
Business

Sensex crosses 60,000 level in early trade; Nifty tests 17,700

Mumbai, Mar 6: Equity market opened on a strong note on Monday, with the benchmark crossing the 60,000 level and Nifty making strong gains amid positive global cues. BSE Sensex jumped 554.06 points or 0.91 per cent to 60,363.03 points, while the broader NSE Nifty climbed 143.35 points or 0.81 per...
India, Sri Lanka mulling over using Indian Rupee for economic transactions
Business

India, Sri Lanka mulling over using Indian Rupee for economic transactions

Colombo, Mar 5: India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative that will help in building a stronger and closer partnership through trade and investment-led measures between the two countries. The High...
Sale of gold jewellery and gold artefacts hallmarked without six-digit code to be banned from Apr 1
Business

Sale of gold jewellery and gold artefacts hallmarked without six-digit code to...

New Delhi, Mar 4: Sale of gold jewellery and gold artefacts hallmarked without six-digit alphanumeric HUID — unique identification number — shall not be permitted from April 1, the government on Friday said. Food and Consumer Affairs Minister Piyush Goyal on Friday chaired a meeting to review the...
SC order on Hindenburg issue: Gautam Adani says truth will prevail
Business

SC order on Hindenburg issue: Gautam Adani says truth will prevail

New Delhi, Mar 2: Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail. Shortly after a bench headed by Chief Justice D Y...
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