Business

New Delhi: Foreign investors continue to show confidence in the country's equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues and robust domestic fundamentals. Notably, this inflow has come despite the ongoing military tensions between India and Pakistan....

New Delhi: The combined market valuation of eight of the top-10 most valued firms eroded by Rs 1,60,314.48 crore last week, with Reliance Industries taking the biggest hit, in line with a sluggish trend in equities. Last week, the BSE benchmark dropped 1,047.52 points, or...

New Delhi: Thirty-two airports across northern and western parts of the country, including Srinagar and Amritsar, have been closed for civilian flight operations till May 15, according to the civil aviation regulator. The decision, announced early Saturday, comes in view of the military conflict between...

Islamabad: The International Monetary Fund (IMF) Friday approved the immediate disbursement of about USD 1 billion to Pakistan under the ongoing Extended Fund Faci­li­ty, the Prime Minister's Office (PMO) in Islamabad said. “Prime Minister Shehbaz Sharif expressed satisfaction over the approval of a USD 1...

New Delhi: India Friday opposed IMF's proposal to extend fresh loans of USD 2.3 billion to Pakistan, saying the funds could be misused for financing state-sponsored cross-border terrorism. New Delhi abstained from voting at the crucial International Monetary Fund meeting, whose outcome was not known...

New Delhi: At least 24 airports in northern and western parts of the country, including Srinagar and Chandigarh, have been shut for civilian flights till May 15, sources said Friday. Earlier, these airports were closed for civilian flights till May 10 in view of the...

New Delhi: The stock markets in Pakistan further tanked Thursday, as trading was halted at the Karachi Stock Exchange (KSE) amid rising geopolitical tensions. Karachi Stock Exchange fell more than 6 per cent Thursday before the trading was halted. The stock exchange has been witnessing...

Mumbai: Rupee depreciated sharply by 84 paise to close at 85.61 (provisional) against the US dollar Thursday, weighed down by heightened geopolitical tensions between India and Pakistan. Forex traders said investors resorted to risk aversion in the domestic markets after the Pakistani military attempted a...

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Mumbai: Despite high volatility during the trading session Wednesday, Indian stock markets managed to close in the green. The Sensex erased all the early losses and closed with a gain of 105 points, or 0.13 per cent at 80,746. Similarly, the Nifty closed the intra-day...