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Indian Private Ports & Terminals Association urges Shipping Minister for provision extension in new Model Concession Agreement
Business

Indian Private Ports & Terminals Association urges Shipping Minister for...

New Delhi, Feb 16: Indian Private Ports & Terminals Association (IPPTA), the apex body that represents the interests of the private ports and terminals in India has urged Minister of Ports, Shipping and Waterways Shri Sarbananda Sonowal for extension of provisions for existing concessionaires in...
Global cues, domestic data plunge Indias equities; Sensex down over 1,600 pts
Business

Global cues, domestic data plunge India's equities; Sensex down over 1,600 pts

Mumbai, Feb 14: Global cues, such as heightened tensions between Russia and Ukraine, as well as the subdued industrial production data, plunged India's key indices -- S&P BSE Sensex and NSE Nifty50 -- during the late afternoon session on Monday.Besides, high crude oil prices along with...
Sensex crashes over 1,500 pts in opening deals on geopolitical worries
Business

Sensex crashes over 1,500 pts in opening deals on geopolitical worries

Mumbai, Feb 14: The BSE gauge Sensex tanked over 1,500 points to crack below the 57,000-mark and the NSE Nifty slipped below the 17,000-level in the opening session on Monday, amid heightened tension over the Russia-Ukraine conflict.The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in...
Centre prohibits import of foreign-made drones
Business

Centre prohibits import of foreign-made drones

New Delhi, Feb 10: The Centre on Wednesday prohibited the import of foreign-made drones, so as to promote the domestic drone manufacturing industry. As per a Directorate General of Foreign Trade notification, the import prohibition has come into effect from February 9. "Import policy of drones...
Equities rise in early trade; majority of Nifty50 stocks in green
Business

Equities rise in early trade; majority of Nifty50 stocks in green

New Delhi, Feb 9: India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- rose substantially in the early trade on Wednesday. At 9.34 a.m., Sensex traded at 58,318 points, up 0.9 per cent or 510 points from the previous close of 57,809 points. It opened at 58,163 points....
Gautam Adani becomes Asias richest person
Business

Gautam Adani becomes Asia's richest person

New Delhi, Feb 8: The Indian coal mining tycoon Gautam Adani has become Asia's richest person thanks to a push into green energy that has boosted his fortune to $88.5bn, The Guardian reported. Adani has overtaken fellow countryman Mukesh Ambani to enter the top 10 of the world's richest people,...
Indian equities positive in early trade
Business

Indian equities positive in early trade

New Delhi, Feb 8: After a sharp decline, India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- rose in the early trade on Tuesday. On Monday, indices slumped sharply on the back of sell-off by foreign investors. Also, fears that RBI may raise policy rates in the...
Indian equities extend losses
Business

Indian equities extend losses

New Delhi, Feb 7: India's key benchmark equity indices -- S&P BSE Sensex and NSE Nifty50 -- extended their losses from the previous week and traded marginally in the red during early trade on Monday. At 9.38 a.m., Sensex traded at 58,508 points, down 0.2 per cent or 137 points from the...
India
Business

India''s digital currency to debut by early 2023

New Delhi, Feb 6: India's very own official digital currency is likely to debut by early 2023, which will mirror any of the currently available private company-operated electronic wallets, but with a change that it will be a sovereign-backed facility, a top government source said. Finance...
Indian equities open low on profit booking, Sensex slips nearly 300 pts
Business

Indian equities open low on profit booking, Sensex slips nearly 300 pts

New Delhi, Feb 3: The Indian equities opened lower during the early trade on Thursday due to profit booking by investors after sizable gains in past two-to-three sessions.At 10.28 a.m., Sensex traded at 59,272 points, down 0.5 per cent or 285 points from the previous close of 59,558 points. It...
Digital rupee can be exchanged for cash: PM
Business

Digital rupee can be exchanged for cash: PM

New Delhi, Feb 2: Prime Minister Narendra Modi on Wednesday said the digital rupee, proposed in the union budget, could be exchanged for cash and will open new opportunities in the fintech sector.Addressing the 'Atmanirbha Arthavyavastha' (self-reliant economy) symposium organised by the BJP, he...
Equity markets open on positive note a day after Budget
Business

Equity markets open on positive note a day after Budget

Mumbai, Feb 2: A day after the union budget for 2022-23 was presented, the 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning trade.The Sensex of the BSE opened at 59,293.44 points and touched a high of 59,441.72 points. The Sensex touched a low of 59,193.05...
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