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Rupee's new low: Rs 75/$ for the first time

Rupee's new low: Rs 75/$ for the first time

19-03-2020  comments

Mumbai, March 19 (IANS) The Indian rupee touched a record low against the dollar on Thursday, trading at over Rs 75 per dollar against its previous close of Rs 74.26 a dollar.

Around 12.45 pm, it was trading at Rs 75.14, or 1.24 percent weaker…

COVID-19: Small, big businesses in TN suffer as people remain indoors

COVID-19: Small, big businesses in TN suffer as people remain indoors

19-03-2020  comments

Chennai, March 19 (IANS) Places that were the favourite haunts of people across Tamil Nadu in the recent past and normally filled with parked vehicles wore a desolate look even as educational institutions across the southern state will remain shut…

SC threatens to jail MDs of telcos over AGR fiasco

SC threatens to jail MDs of telcos over AGR fiasco

18-03-2020  comments

New Delhi, March 18 (IANS) The Supreme Court on Wednesday came down heavily on Telcos, the government and even the media as it said no further objection to its adjusted gross revenue (AGR) order will be allowed against the payable dues.

"All…

SC threatens to jail MDs of telcos over AGR fiasco

SC threatens to jail MDs of telcos over AGR fiasco

18-03-2020  comments

New Delhi (IANS) The Supreme Court on Wednesday came down heavily on Telcos, the government and even the media as it said no further objection to its adjusted gross revenue (AGR) order will be allowed against the payable dues which sums up to Rs 1.47…

Tata Motors stocks fall to multi-year low

Tata Motors stocks fall to multi-year low

18-03-2020  comments

New Delhi, March 18 (IANS) Stocks of Tata Motors on Wednesday fell to a multi-year low of Rs 75.10 per share amidst a sector-wide sell-off in the Indian stock markets.

On the BSE, its share price settled at Rs 75.50, lower by Rs 2.40 or 3.08…

US stocks plummet, Dow loses nearly 3,000 pts over COVID-19

US stocks plummet, Dow loses nearly 3,000 pts over COVID-19

17-03-2020  comments

New York, March 17 (IANS) US equities plunged on Monday with Dow closing about 3,000 points lower, as panic selling continued over COVID-19 fallout.

The Dow Jones Industrial Average fell 2,997.10 points, or 12.93 per cent, to 20,188.52. The…

Market recovers, Sensex gains 600 points

Market recovers, Sensex gains 600 points

17-03-2020  comments

Mumbai (IANS) In a largely volatile trading session so far, the key Indian equity indices on Tuesday recovered from their early losses to trade in the green.

The BSE Sensex rose over 600 points, and the Nifty50 on the National Stock Exchange…

Govt mulls relief package; may reduce charges for domestic airlines: Sources

Govt mulls relief package; may reduce charges for domestic airlines: Sources

17-03-2020  comments

New Delhi (IANS) The Centre is mulling a relief package to save Indias aviation sector which has been ravaged by the outbreak of coronavirus, sources said.

At present, the sector is the worst affected due to the outbreak. Airlines are forced…

Nifty below 9,000, Sensex tanks 900 points as volatility rises

Nifty below 9,000, Sensex tanks 900 points as volatility rises

17-03-2020  comments

Mumbai (IANS) Indian stock markets erased all its gains made during the day amid a largely volatile trade as the NSE Nifty50 traded below the psychological mark of 9,000 points.

The BSE Sensex also slumped over 900 points to traded well below…

Depositors' money safe, don't see panic withdrawals: Yes Bank

Depositors' money safe, don't see panic withdrawals: Yes Bank

17-03-2020  comments

Mumbai, March 17 (IANS) With normal banking services in Yes Bank to resume at 6 p.m. on Wednesday, the private sector bank's administrator and new investors assured all deposit holders that their savings in the bank were absolutely safe and customers…

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