Markets in no man's land - likely to consolidate

Markets were in a really bad shape last week and just about managed to recover some ground on Friday. They lost on the first four days of the week. BSE SENSEX lost 4,187.52 points or 12.28 per cent to close at 29,915.96 points while NIFTY was down…

Sebi introduces new norms to cub volatility

Mumbai (IANS) Markets regulator SEBI on Friday announced measures to control the high volatility which has plagued the country's stock markets.

The Sebi said that these new norms will be effective from the beginning of trade on March 23…

COVID-19: CII for Rs 5,000 cash transfer to 20 cr people

New Delhi (IANS) Time is ripe to implement India's version of "Helicopter Drop" fiscal support scheme to avert an impending economic disaster due to the outbreak of COVID-19, with industry body CII suggesting direct cash transfer of Rs 5,000 into…

Govt clears big pharma package to boost domestic manufacturing of bulk drug, API

New Delhi (IANS) In a big boost to domestic manufacturing of bulk drug in the country, the government on Saturday announced a Rs 14,000 crore package that would incentivise production of active pharmaceutical ingredient (API) in the country and reduce…

Sensex rises 2,000 pts, reclaims 30,000-mark

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Sensex rises 2,000 pts, reclaims 30,000-mark (2nd Ld)
 (14:16) 
Mumbai, March 20 (IANS) Indian stock markets witnessed rally on Friday, with the BSE Sensex rising over 2,000 points.

India's February domestic air passenger traffic up nearly 9%

New Delhi (IANS) India's domestic air passenger traffic rose nearly 9 per cent in February on a year-on-year basis, as per official data.

According to the Directorate General of Civil Aviation (DGCA), passengers ferried by domestic airlines…

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

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

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

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

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…