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Business
Equity indices extend losses, Sensex down over 800 pts
4 March 2022 11:29 AM IST
New Delhi, March 4: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses and fell sharply in the opening session on Friday amid skyrocketing crude oil prices.At 10.09 a.m., Sensex was 1.5 per cent or 818 points down at 54,284 points, whereas Nifty 1.5 per cent or 251...
Business
Ashneer tells BharatPe Board to do its actual job and stop vilifying him
3 March 2022 4:45 PM IST
New Delhi, March 3: Ashneer Grover, who quit fintech platform BharatPe he co-founded amid serious allegations of financial wrongdoings against him and his wife, has hit back at the Board of the company, saying he is "appalled at the personal nature of the BharatPe Board's statement, but not...
Business
Indian equities trade positive in opening session
3 March 2022 12:45 PM IST
New Delhi, March 3: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- rose marginally in the opening session on Thursday possibly due to some value buying after the recent decline in the indices.At 9.56 a.m., Sensex was 0.3 per cent or 178 points up at 55,647 points, whereas Nifty 0.3 per...
Business
BharatPe removes Ashneer Grover from all positions at company
2 March 2022 4:14 PM IST
New Delhi, Mar 2: Fintech firm BharatPe on Wednesday said it has removed Co-Founder Ashneer Grover from all positions at the company. BharatPe has also found involvement of Grover family and relatives in extensive misappropriation of the company's funds. "The board will not allow the...
Business
Investors' wealth tumble over Rs 76,808 cr in morning trade
2 March 2022 11:10 AM IST
New Delhi, Mar 2: Investors' wealth tumbled Rs 76,808.9 crore in morning trade on Wednesday, mirroring weakness in the global equity markets amid escalating tensions between Russia and Ukraine. The BSE benchmark Sensex slumped 975.06 points to 55,272.22 in line with a global selloff. Surging...
Business
Ruble sinks 26% after SWIFT sanctions against Russian banks
28 Feb 2022 2:16 PM IST
Tokyo, Feb 28: The ruble plunged to a record low of less than 1 U.S. Cent in value Monday after Russia was cut off from the global bank payments system in retaliation for Moscow's invasion of Ukraine. The Russian currency dropped nearly 26% to 105.27 per dollar, down from about 84 per dollar...
Business
Cryptocurrency: Everything you need to know about the digital asset
25 Feb 2022 3:47 PM IST
Guwahati, Feb 25: The Advertising Standards Council of India (ASCI) recently announced a set of guidelines for crypto products and virtual digital assets mentioning that these products are "unregulated and can be highly volatile". As per the guidelines which will be effective from April 1, crypto...
National
CBI arrests ex-NSE GOO Anand Subramanian over irregularities in Stock Exchange
25 Feb 2022 12:07 PM IST
New Delhi, Feb 25: The CBI has arrested former NSE group operating officer Anand Subramanian after expanding its probe into a co-location scam in the exchange following "fresh facts" in a Sebi report that referred to a mysterious yogi guiding the actions of former CEO Chitra Ramkrishna, officials...
Business
Equities fall sharply in early trade; Sensex, Nifty decline over 3% each
24 Feb 2022 11:55 AM IST
New Delhi, Feb 24: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- tanked sharply on Thursday morning as investors remained cautious after Russia announced a military operation in Ukraine.Reportedly, President Vladimir Putin authorised a special military operation in Ukraine's Donbas...
Business
Indian equities fall in early trade; Sensex slips over 600 pts
21 Feb 2022 10:51 AM IST
New Delhi, Feb 21: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- declined during early trade on Monday due to continued selling by foreign institutional investors, while the geo-strategic tensions between Ukraine and Russia also weighed in, said analysts.At 9.36 a.m., Sensex traded at...
Business
Equities extend losses; Sensex down over 200 pts
17 Feb 2022 11:49 AM IST
New Delhi, Feb 17: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous session and declined marginally in early trade on Thursday.At 10.27 a.m., Sensex traded at 57,782 points, down 0.4 per cent or 214 points, whereas Nifty traded 17,279 points, down...
Business
Indian equities rise further in afternoon trade
16 Feb 2022 3:32 PM IST
New Delhi, Feb 16: India's key indices -- S&P BSE Sensex and NSE Nifty50 -- rose further in the afternoon trade on Wednesday.Reports saying Russia announced a first pullback of troops from Ukraine's borders are also likely to have supported the investors' appetite in the market. At 2.37 p.m.,...
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