Sensex plunges over 1,700 points, Nifty below 10,000

Mumbai (IANS) The BSE Sensex plummeted over 1,700 points on Thursday tracking similar cues in the global markets after the World Health Organization (WHO) declared coronavirus as a global pandemic.

All Asian indices also were trading in the…

Coronavirus: 80% bookings in Rajasthan hotels cancelled

Jaipur, March 12 (IANS) Tourism has been hit hard in Rajasthan after the outbreak of coronavirus with around 80 per cent of bookings being cancelled in the state till Wednesday, said Hotel association of Rajasthan president Gajendra Luniwal.

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India's industrial output expands by 2% in Jan

New Delhi (IANS) Higher electricity generation coupled with mining activity expanded India's January factory output by 2 per cent from 0.07 per cent reported for December 2019.

Similarly, on a year-on-year basis the growth rate of factory…

Markets open in red on Wednesday

Mumbai (IANS) The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade.

The Sensex of the BSE opened at 35,468.90 points and touched a high of 35,586.84. The Sensex touched a low of…

RBL Bank says it is well capitalised, concerns 'misplaced'

New Delhi (IANS) Amidst concerns of stability and asset quality of RBL Bank, the private lender on Friday said that it has adequate capital and there has been no adverse change in the asset quality.

Concerns have gained momentum after the Yes…

US stocks suffer worst day since 2008 as recession fear spirals

New York (IANS) US stocks fell off a cliff on Monday with major indexes plunging close to bear market levels for the first time in more than 10 years as coronavirus fears and tanking oil prices brought back dark memories from the financial crash of…

Fuel prices drop further as crude rates plunge

New Delhi (IANS) Fuel prices dropped further after international crude oil went into a free fall due to major slump in demand following the global outbreak of coronavirus epidemic.

The price of petrol was cut by 24-27 paise a litre and that…

Sensex now falls over 1,600 points, Nifty down 450

Mumbai (IANS) Indian equity indices on Monday continued its bear run with the BSE Sensex plunging over 1,600 points.

The plunge in the domestic indices can be attributed to the similar trend in global markets on persistent fears of economic…

Indusind defers fund raising due to "market conditions" post Yes Bank revamp

New Delhi (IANS) The crisis at Yes Bank is affecting sentiment in the banking sector and fund raising as Indusind Bank has deferred its board meeting scheduled for Monday to consider raising funds.

"In view of the current market conditions…

Unshackling coal sector: Easier commercial mining bid documents in Q1 FY21

New Delhi (IANS) After waiting for more than five years, the government may finally throw open the doors of the regulated coal sector for commercial mining by the private sector Indian and overseas miners in the first quarter of fiscal year 2020-21.