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Market wrap: Sensex falls 117 points, Nifty closes below 23,400 after RBI MPC meeting outcome. What lies ahead?Indian stock markets erased morning gains, with Sensex and Nifty closing lower following the RBI's hawkish stance and a wait-and-watch appr...- Sensex tumbles over 1,100 points, Nifty below 23,200. 6 key factors behind today's D-Street routIndian stock markets experienced a significant downturn on Monday, with benchmark indices Sensex and Nifty falling over 1% each. Rising Ira...
- Sensex gains 560 points, Nifty above 23,800. Key factors behind today's Dalal Street rallyIndian stock markets surged in early trading, with Sensex and Nifty extending gains for a second day. A stronger rupee, falling bond yields...
- What does an import restriction mean for silver investments?India’s move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmar...
- Petrol, diesel prices hiked by Rs 3/litre: Here’s what top economists have to sayFuel prices in India saw their first increase in over four years on Friday. Petrol and diesel prices rose by approximately Rs 3 per litre. ...
- A Rs 3 hike makes India’s inflation battle somewhat harderIndian Oil Marketing Companies have increased petrol and diesel prices by Rs 3 per litre each, and CNG by Rs 2/kg, following daily losses o...
- India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
- The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
- Oil shock rattles D-Street as rupee hits record lowThe rupee hit a new closing low and equities slumped as oil prices surged past $100 a barrel. This was driven by Donald Trump's rejection o...
- Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special N...
- Why stock market fell today? Sensex plunges 850 pts, Nifty below 24,200. 6 reasons behind selloffIndian equity benchmarks declined for a second straight session, pressured by a spike in crude oil prices, a weakening rupee and rising geo...
- Rupee pares early losses, settles 6 paise higher at 74.40/USDAt the interbank forex market, the domestic currency witnessed heavy volatility. The local unit opened weak at 74.55 a dollar and touched a...
- Rupee logs 1st gain in 5 days, ends 6 paise higherGlobal crude oil benchmark Brent Futures dropped 1.16 per cent to $50.91 per barrel.
- Rupee settles 13 paise higher at 71.85 against US dollar on easing crude prices, weak dollarThe domestic unit had settled at 71.98 against the American currency on Monday.
- Rupee gains 11 paise against US dollar on crude oil, FII boostAt the interbank foreign exchange market, the local currency opened at 71.24.
- Rupee ends 2019 with 2.28% annual loss at 71.36 against US dollarThe currency had closed the 2018 year at 69.77 to the US dollar.
- Thomas Cook India takes over Thai businessThomas Cook India (TCIL), a subsidiary of Dubai Financial (DF), has acquired Thomas Cook (Thailand), from the latter’s German parent for Rs...
- Thomas Cook, LKP Forex seal Rs 200-crore mergerTCIL is set to merge with the number two player, LKP Forex, in a Rs 200-crore deal.
- Thomas Cook India to merge with LKP ForexTravel solution firm Thomas Cook (India) Ltd is looking forward to merge the foreign exchange arm of the LKP Group, LKP Forex Ltd, with TCI...
- Thomas Cook close to buying LKP ForexTravel and tourism major, Thomas Cook is close to acquiring LKP Forex, a wholly-owned subsidiary of LKP Merchant Financing.
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