Stocks rally in Asia; US equity futures drop
Stocks in Asia rallied after the best session for U.S. stocks in almost a dozen years, with investors rediscovering some appetite for risk as Congress negotiates an emergency-spending bill. Even so, U.S. futures declined; American — and global — equities haven’t posted back-to-back daily gains since the first half of February. For now, indexes in […]
Rupee rises against US dollar, a day after hitting record low
The rupee today gained against the US dollar today amid a broad weakening of the greenback after US Federal Reserve announced another round of stimulus measures to cushion the impact of coronavirus on American economy. Other Asian currencies were also higher against the US dollar today. The rupee today rose to 75.93 per US dollar at day’s […]
Stock markets post worst losses in history; Sensex crashes 3,935 points amid coronavirus lockdown
The benchmark equity indices on the BSE and National Stock Exchange (NSE) registered their worst single-day fall in history after they settled around 13 per cent lower on Monday amid lockdowns and curfew across various parts of the country to combat the coronavirus pandemic. Both the frontline indices had hit their 10 per cent lows during the […]
Market in Red: Sensex falls 2,100 points, Nifty below 9,500
Coronavirus fears continued to weigh on the investor sentiments as the BSE Sensex plunged over 2,100 points on Monday. The Nifty 50 on the National Stock Exchange also dropped over 500 points to fall below the 9,500 mark. At 9.37 a.m., the Sensex was trading at 31,960.19, lower by 2,143.29 or 6.28 per cent from […]
Mukesh Ambani loses ‘Asia’s richest Man’s title to Jack Ma amid oil price fall
India’s energy tycoon Mukesh Ambani has lost his position of Asia’s richest man to Jack Ma after the oil prices fell sharply along with global stocks. As per the Bloomberg Billionaires Index, persistent concerns over the spread of coronavirus epidemic paired with the recent carnage in the oil markets have erased $5.8 billion from the […]
Gujarati businessmen invited to invest in J&K
Srinagar, Mar 10 (IANS): J&K Lt Governor G.C. Murmu has invited Gujarati businessmen to invest in J&K, and 35 MoUs worth Rs 2,141 crore have been inked, a government statement said on Monday. “Gujarati businessmen are successful worldwide and they should also explore the vast investment opportunities in Jammu & Kashmir,” Murmu said, while addressing the captains of the […]
Blood bath in D-Street: Sensex hits 15-month low, crashes over 2,400 points on coronavirus fears
Share/Stock Market Today Live Updates: The benchmark equity indices on the BSE and the National Stock Exchange (NSE) edged below 6 per cent in afternoon deals on Monday tracking weakness in the global markets which tumbled due to rising concerns over the economic impact of coronavirus and crashing crude oil prices. The S&P BSE Sensex crashed as much […]
Jio seeks data price hike to Rs 20/GB
Srinagar : Reliance Jio has proposed to TRAI that wireless data prices are gradually increased to Rs.20 per GB from Rs.15 per GB currently, after six to nine months while suggesting floor rate for data prices. While advocating for TRAI’s intervention to prescribe floor price for wireless data service, Jio said voice tariff should continue under […]
Jamkash Vehicleades Kashmir launches new Vitara Brezza
The unveiling was done by the Chief Guest of the occasion ArunGandotra President, Credit J&K Bank in presence of Irfan Ahmad (Managing Director Jamkash Vehicleades (Kashmir)Pvt Ltd.), along with Syed Rayees Maqbool (Zonal Head Central 1), Farhat Abbas (Cluster Head 1), Zaffar Akeel (Branch Head Residency Road). According to the statement, all top management of […]
India’s currency weakens to lowest on record on coronavirus fears
Cracks are starting to appear in rupee’s defences with new coronavirus cases being reported in India. The rupee slid as much as 0.4% to 73.6 per dollar on Wednesday to become the worst performing Asian currency. India has so far reported 28 positive cases, which includes 15 Italian tourists. The currency had stayed relatively stable […]
