Sensex opens 200 points up, metal stocks surge

Mumbai (IANS) Sensex and Nifty opened on a firm note on Friday as the benchmark Sensex jumped 200 points and the Nifty traded at 10,850.

Healthy buying was seen in all the sectors with the metal index leading the pack, closely followed…

India's factory output rises to 14-month high in February

Mumbai (IANS) Healthy demand conditions accelerated the pace of India's manufacturing sector output in February to a 14-month high, a key economic data showed on Friday.

As per the Nikkei India Manufacturing Purchasing Managers' Index…

Australia, Brazil launch WTO action against India

Canberra (IANS) Australia and Brazil have decided to escalate a trade dispute with India over sugar subsidies before the World Trade Organisation (WTO), Canberra said.

Trade Minister Simon Birmingham announced this late Wednesday…

PSU banks recover Rs 98,000 cr in first 3 quarters of FY19

New Delhi (IANS) Banking Secretary Rajeev Kumar on Thursday said the PSU banks have recovered Rs 98,000 crore in the first three quarters of the current financial year.

The provision coverage ratio (PCR) of the banks for bad loans have also…

India's GDP growth projection lowered to 7% in 2018-19

New Delhi (IANS) India is estimated to grow at a slower pace of 7 per cent in 2018-19, down from the 7.2 per cent attained during the previous financial year, according to official data.

"Real gross domestic product (GDP) at constant (2011-12)…

Mukesh Ambani first Indian to join top 10 richest list: Hurun Research

Mumbai  (IANS) Reliance Industries Chairman and Managing Director Mukesh Ambani has became the first Indian to enter the global top 10 richest billionaire list complied by Hurun Research.

According to the Hurun Global Rich List…

Sensex pares losses after knee-jerk reaction to IAF strike

Mumbai (IANS) Sensex trimmed major losses and was 100 points down in the Tuesday afternoon trade session, after it tanked over 500 points reacting to reports that the Indian Air Force (IAF) struck terrorist camps in Pakistan administered Kashmir.

Sensex ends 240 points lower amid heightened India-Pakistan tension

Mumbai (IANS) Heightened geopolitical tensions in the sub-continent after India struck terrorist training camps in Pakistan dragged the domestic equity market lower on Tuesday.

However, the slide triggered a burst of value buying which was…

RBI removes Allahabad Bank, Corporation Bank, Dhanlaxmi Bank from PCA

New Delhi (IANS) The Reserve Bank of India (RBI) has taken off Allahabad Bank, Corporation Bank and Dhanlaxmi Bank from the Prompt Corrective Action (PCA) framework allowing them to resume their normal lending activities.

The…

Sensex, Nifty opens higher; Realty stocks up 2%

Mumbai (IANS) The benchmark Sensex advanced over 100 points after opening in the green on Monday following optimism in the Asian markets amid signs of easing trade tension between the US and China.

The Sensex of the BSE opened at 35,983.80…