Business

Mumbai: The rupee declined by 76 paise to close at 82.61 against the US dollar Tuesday due to heavy selling pressure in domestic equities and rising crude prices in the overseas markets. In addition, investors remained concerned over continued foreign capital outflows ahead of the...

Mumbai: Benchmark indices ended the day in negative territory Tuesday amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. During the day, it tumbled 444.53...

Islamabad: The consistent depreciation of the Pakistani rupee is deepening the economic crisis in the country, said the Pakistan Business Forum (PBF). In a statement, PBF CEO Ahmad Jawad said: "Pakistan's economy continues to slump despite resumption of the much-awaited International Monetary Fund's (IMF) Programme....

New Delhi: World Bank Tuesday revised upwards its GDP growth forecast for India to 6.9 per cent for 2022-23 from 6.5 per cent earlier. World Bank's India Development Update said India is affected by spillovers from the US, Euro area and China. It however saw...

Mumbai: Benchmark indices began the trade on a bearish note Tuesday and traded lower amid weak global market trends and rising crude prices. Falling for the third day running, the 30-share BSE benchmark tumbled 444.53 points to 62,390.07. The broader NSE Nifty declined 123.15 points...

Mumbai: The rupee declined 24 paise to 82.09 against the US dollar in early trade Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment. Besides, foreign fund outflows put pressure on the domestic unit, forex dealers said....

New Delhi: Leading stainless player Jindal Stainless Limited (JSL) has partnered with ReNew Power to develop its proposed 300 MW hybrid energy project, the company said here Monday. The project will generate 700 million units of green energy annually through a mix of solar and...

Mumbai: Equity benchmark indices ended on a flat note Monday, with the BSE Sensex falling nearly 34 points, recording its second day of decline after an eight-day rally. In a volatile trade, the 30-share BSE benchmark dipped 33.9 points or 0.05 per cent to settle...

Mumbai: The rupee pared its initial gains to settle down by 47 paise at 81.80 (provisional) against the US dollar Monday weighed down by weak domestic markets and rise in crude oil prices. Forex traders said a weak dollar in the overseas market cushioned the...

Mumbai: Equity benchmark indices fell in early trade Monday, extending its previous day's decline amid profit-taking after rallying to all-time high levels last week. The 30-share BSE Sensex declined 156.76 points to 62,711.74 after a weak beginning. The broader NSE Nifty dipped 38.95 points to...