Sensex, Nifty end in red after last hour sell-off

Mumbai (IANS) Key indices Sensex and Nifty succumbed to the final-hour selling pressure after trading in the green for the better part of Wednesday's session on account of easing inflation giving way to expectations of further rate cut.

IT…

Equity indices hold on to gains, Sensex 95 points up

Mumbai (IANS) The key Indian equity indices traded in the green on Wednesday afternoon, supported by easing retail inflation and firm global markets.

The S&P BSE Sensex traded nearly 100 points higher during around 1.25 p.m.

India's…

Lower food prices more than halve India's retail inflation in January

New Delhi (IANS) Lower food prices more than halved India's retail inflation in January 2019 to 2.05 percent from 5.07 percent during the corresponding month of last year, official data showed on Tuesday.

On sequential basis, the Consumer…

Government spent Rs 1,157 cr in 2017-18 without approval: CAG

New Delhi (IANS) The Centre spent Rs 1,150 crore more during the last fiscal across various grants without Parliament's authorisation, the national auditor said here on Tuesday.

"During 2017-18 in cases across 13 grants, there was…

Xiaomi leads India smartphone market in 2018, Samsung second

New Delhi (IANS) Chinese brand Xiaomi with 28.9 percent market share led the Indian smartphone market in 2018, followed by South Korean brand Samsung at 22.4 percent and Vivo at 10 percent, an International Data Corporation (IDC) report said on Tuesday.

Sensex down 110 points, Nifty below 10,950

Mumbai (IANS) The Sensex slid over 100 points after opening in the green while the Nifty shed close to 50 points during the morning trade session on Monday.

Except for IT stocks on the BSE, all the others sectors traded lower. Oil and gas,…

EIL bags consultancy contract for Mongolia refinery

New Delhi (IANS) Engineers India Ltd (EIL) on Sunday signed a project management consultancy contract for 1.5 million tonne greenfield refinery in Mongolia.

A memorandum of understanding (MoU) was signed by EIL and Mongol Refinery State Owned…

'Trump executive order could ban Chinese equipment-makers in US'

Washington (IANS) US President Donald Trump is preparing to sign an executive order next week, banning American carriers from using equipment from Chinese technology players, the media reported on Sunday.

The decision is expected…

Brexit may bring long-term gains for India: Experts

New Delhi (IANS) Britain is set to leave the European Union on March 29 and concerns remain across the globe with the financial markets already jittery over the possibility of a no-deal Brexit. For India, experts say, Brexit might have a short-term…

Reliance Group companies take legal action to protect stakeholders

Mumbai (IANS) Anil Ambani-led Reliance Group companies on Saturday said they will take all appropriate legal steps against L&T Finance to protect and enhance the value of their respective stakeholders.

The group companies…