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Business
Sensex climbs 448 points in early trade amid firm global market trends
8 July 2022 12:40 PM IST
Mumbai, Jul 8: Market benchmarks started the trade on a positive note on Friday, with the Sensex climbing 448.68 points, mirroring a bullish trend in global equity markets. The 30-share BSE benchmark advanced 448.68 points to 54,627.14 in early deals. The broader NSE Nifty went higher by 142.6...
Business
Markets gain for 2nd day; Sensex, Nifty climb nearly 1 pc
7 July 2022 4:46 PM IST
Mumbai, Jul 7: Equity benchmarks Sensex and Nifty advanced nearly 1 per cent each on Thursday following positive trends in global markets. The 30-share BSE Sensex climbed 427.49 points or 0.80 per cent to settle at 54,178.46. During the day, it rallied 503.82 points or 0.93 per cent to...
Business
Sensex climbs nearly 500 points in early trade; Nifty above 16,000
7 July 2022 11:28 AM IST
Mumbai, Jul 7: The benchmark indices, Nifty and Sensex, opened higher on Thursday following positive trends in global equity markets. The 30-share BSE benchmark index climbed 498.77 points to 54,249.74 in early trade. The NSE Nifty advanced 149.7 points to 16,139.50. Among the Sensex pack,...
Business
LPG price hiked by Rs 50 per cylinder; to cost Rs 1,053 per 14.2-kg cylinder
6 July 2022 11:13 AM IST
New Delhi, Jul 7: The price of domestic liquid petroleum gas cylinders on Wednesday was hiked by Rs 50 per cylinder, the third increase in rates since May. Non-subsidised LPG will now cost Rs 1,053 per 14.2-kg cylinder, according to a price notification of oil companies. Non-subsidised LPG rate...
Business
Sensex climbs 327 pts on firm global market trends
4 July 2022 4:41 PM IST
Mumbai, Jul 4: The BSE benchmark Sensex climbed 326.84 points on Monday, tracking gains in global equity markets and buying in index majors ICICI Bank and Hindustan Unilever. The 30-share BSE index gained 326.84 points or 0.62 per cent to settle at 53,234.77. During the day, it jumped 394.06...
Business
Crypto broker Voyager suspends all trading, withdrawals, deposits
3 July 2022 11:52 AM IST
San Francisco, July 3: Cryptocurrency broker Voyager Digital (VYGVF) has suspended all trading, deposits withdrawals and loyalty rewards, as top crypto hedge fund Three Arrows Capital (3AC) filed for bankruptcy in the US, in which Voyager has made significant investments. Voyager disclosed in a...
Business
Indian EV makers hail industry-wide GST rate cut
1 July 2022 5:30 PM IST
New Delhi, July 1: Electric vehicle (EV) manufacturers on Friday hailed the GST Council's decision that EVs with or without battery pack will now be taxed at 5 per cent. At present, e-vehicles are taxed at 5 per cent while lithium-ion batteries are taxed at 18 per cent. The decision was taken...
Business
Govt slaps tax on petrol, diesel exports; imposes windfall tax on crude oil
1 July 2022 11:08 AM IST
New Delhi, Jul 1: The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF) shipped overseas by firms like Reliance Industries Ltd, and imposed a windfall tax on crude oil produced locally by companies such as ONGC and Vedanta Ltd. The government imposed a Rs 6 per litre...
Business
Unbranded packaged foods to be brought under GST
29 Jun 2022 4:25 PM IST
Chennai, June 29: Unbranded pre-packaged food items, hotels with room rent less than Rs 1,000 to be brought under the Goods and Services Tax (GST) net seems to be the decision of the GST Council. The two-day GST Council meeting at Chandigarh began on Tuesday. It is said the Council at its 47th...
Business
Mukesh Ambani steps down from Reliance Jio, son Akash named Chairman
29 Jun 2022 11:01 AM IST
Chennai, June 28: Mukesh Ambani has resigned as a Director in Reliance Jio Infocomm Limited with the company's Board on Tuesday approving his elder son Akash Ambani's appointment as the Chairman. In regulatory filing, Reliance Jio, the telecom arm of the Reliance group, said the Board of...
Business
Sensex jumps 438 points in early trade; Nifty tops 15,400
21 Jun 2022 10:58 AM IST
Mumbai, Jun 21: Equity indices made a firm start on Tuesday, with the BSE benchmark Sensex jumping 438 points in early trade in line with a positive trend in other Asian markets. The BSE benchmark was trading with a gain of 438.48 points to 52,036.32. The NSE Nifty climbed 139.35 points to...
Business
Markets tumble after initial rally amid mixed global trends
20 Jun 2022 10:59 AM IST
Mumbai, Jun 20: Equity indices started the trade on a firm note on Monday with the Sensex climbing 254 points, but within minutes, the benchmarks pared all early gains to trade in the negative territory. The BSE benchmark was trading with a jump of 253.69 points at 51,614.11 in early trade. The...
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