Equities, currency tumble over weak global cues, J&K decision

Mumbai (IANS) The equity and currency markets declined on Monday over heightened trade tension between the US and China, and the political developments in Jammu and Kashmir (J&K).

Union Home Minister Amit Shah earlier in the day proposed…

Sensex loses 580 points in early trade

Mumbai (IANS) The benchmark Sensex fell over 580 points on Monday over sustained outflow of foreign funds and poor global investor sentiments.

Global markets came under further stress after China vowed to respond to the US tariffs it announced…

Financial surplus of Indian households falling since 2017-18

Mumbai (IANS) Indians, traditionally known to save money, have of late shown a behavioural change in terms of managing their money as their financial surpluses have shrunk in the last couple of years.

A recent Reserve Bank of India (RBI) report…

MG's e-vehicle strategy to cause disruption

New Delhi/Mumbai (IANS) One of the world's largest automobile manufacturers SAIC's India subsidiary MG Motor plans to replicate the sales dream run of its SUV Hector with its first electric offering -- ZS EV -- slated to be launched in December.

Taxation amid slowing economy killing market's 'animal spirit'

New Delhi (IANS) Recently, the former Reserve Bank of India Governor D. Subbarao said the government's attempt to squeeze out RBI reserves is a sign that it is desperate. This "desperation" could well be killing the animal spirit…

J&K alert sets air fares soaring on Srinagar route

New Delhi/Srinagar (IANS) Average air fares to and from Srinagar have increased by 20-25 per cent after the Jammu and Kashmir administration on Friday curtailed the Amarnath Yatra and issued an advisory asking pilgrims and tourists leave the valley…

Dollar weakens against major rivals amid downbeat data

New York (IANS) The US dollar weakened against its major rivals in late trading on Thursday as market participants sifted through a slew of downbeat economic data.

US manufacturing sector lost further momentum in July, the Institute for Supply…

M&M's July sales down 15% on subdued consumer sentiment

Mumbai (IANS) Automobile major Mahindra and Mahindra (M&M) on Thursday reported a 15 per cent decline in its total vehicle sales for July, owing to tight liquidity and low buying sentiment in the domestic market.

The total sales of the…

Sensex crashes 500 pts after Fed's hawkish remarks

Mumbai (IANS) Sensex plunged by over 500 points to fall below the 37,000-point mark during the afternoon trade on Thursday.

Indian equities in line with global markets fell as the US Federal Reserve after slashing the interest rates by 25 basis…

Equity indices open in red; Sensex down 185 points

Mumbai (IANS) The key Indian equity indices opened on a negative note on Thursday, with the BSE Sensex down over 180 points.

The domestic indices traded in line with global indices, as Asian markets also were largely trading in the red.