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Business

Sensex, Nifty rebound over 1 pc after six sessions of losses

Equity benchmark indices Sensex and Nifty on Friday reversed their six-session losing streak and rebounded more than 1 per cent on value-buying in auto, IT, financial and energy stocks.


Forex reserves decline by USD 2.36 bn to USD 583.53 bn

India's forex reserves declined by USD 2.36 billion to USD 583.53 billion during the week ended October 20, according to the Reserve Bank of India data. In the previous reporting week, the overall reserves had increased by USD 1.153 billion to USD 585.895 billion.


LATEST HEADLINES

IndiGo cancels over 1,000 flights on Friday; expects situation to normalise by Dec 10-15: CEO


K'taka govt, Taiwan's Allegiance Group sign MoU to establish industrial technology innovation park


CBI books ex-AAI chairman for corruption in contract for food and beverage operator at airports


Cong says LoPs not invited to Putin banquet, takes swipe at Tharoor for accepting invite


Russian drone strike kills 12-year-old boy in Ukraine as peace talks kept under wraps


SC grants bail to man booked under UAPA as chargesheet not filed within stipulated period


Five engineering students killed as car rams into truck in Andhra


No intervention in foundation stone-laying of Babri-style mosque in Murshidabad, says Cal HC


Temple money belongs to deity, cannot be used to save cooperative banks: SC


Adults can be in live-in relationship even without attaining marriageable age: Rajasthan HC


Three militants arrested in Manipur for threatening Sangai festival participants


Karnataka's Bill against Hate Speeches conspiracy against Hindutva activists: Pramod Muthalik




Rupee falls 4 paise against USD amid strengthening US bond yields

The rupee dropped 4 paise to 83.16 against the US dollar on Monday due to sharp losses in local stocks and US bond yields surging to 5 per cent.

IKEA charges for bag with its logo on it; Consumer Court orders compensation to consumer

A Consumer Commission here has ordered Swedish furniture retailer IKEA to refund a consumer, and also pay Rs 3,000 as compensation for charging her for a paper bag to carry the goods she had purchased.

No new orders till war stopped, says private firm in Kerala that supplies uniform to Israeli police

A private apparel unit in the district that was in news recently for making uniforms for the Israel police on Friday announced a temporary freeze

Sensex, Nifty fall for second straight session on weak global trends

Equity benchmark indices Sensex and Nifty buckled under selling pressure for the second straight session on Thursday as a bearish trend in global markets amid escalating geopolitical uncertainties unnerved investors.

Besides, disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments, traders said.

Rupee falls 3 paise against US dollar on surging crude

The rupee settled 3 paise lower at 83.28 against the US dollar on Wednesday, tracking negative cues from domestic equity markets amid surging crude oil prices overseas.

However, fresh foreign capital inflows and a weak greenback against major rivals overseas favoured the rupee and restricted the loss, forex traders said.

Air India Express unveils new brand identity, aircraft livery

Tata Group-owned Air India Express on Wednesday unveiled its new brand identity and aircraft livery that mainly features the colours of orange and turquoise.

Air India Express is in the process of merging AIX Connect (formerly AirAsia India) with itself and the entity will be the low cost carrier of the Tata Group.

Warren Buffett's company dumps another 5 million shares of printer maker HP

Investors soon won't be able to follow Warren Buffett's every move in HP's stock if the billionaire's company keeps selling off shares of the printer and computer maker.

NRI entrepreneur Nasir Syed honored at NKN Media's UAE Business Leaders award ceremony

In a ceremony held at Taj Exotica, The Palm, Dubai, NRI entrepreneur Nasir Syed was honored with Business Icon award by NKN Media, celebrating the success stories of Indian business leaders in the UAE.

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