BUSINESS

Sensex tanks 435 pts; Nifty gives up 15K

6:31 pm February 19, 2021

Mumbai: Extending its losses for the fourth straight session, equity benchmark Sensex slipped below the 51,000-mark by tumbling 435 points on Friday, tracking losses in ICICI Bank, Axis Bank and SBI. The 30-share BSE index ended 434.93 points or 0.85 per cent lower at 50,889.76. Similarly, the broader NSE Nifty gave up the 15,000 level, […]

US and South Korea agree on new cost-sharing deal for troops

Stocks open lower on Wall Street, Treasury yields climb

11:33 pm February 18, 2021

New York: Stocks are opening broadly lower on Wall Street and Treasury yields continued to climb. The S&P 500 index gave up 0.8 per cent in the first few minutes of trading Thursday and the tech-heavy Nasdaq was down slightly more, 1.1 per cent. The Dow Jones Industrial Average also pulled back 0.8 per cent. Dow component Walmart slumped 6 per […]

World shares mostly lower after mixed day on Wall Street

6:18 pm February 18, 2021

Bangkok: World shares were mostly lower Thursday after a mixed session on Wall Street, where losses by technology and industrial companies offset other gains. Benchmarks fell in Tokyo and Hong Kong but were flat in Paris and London. Shanghai advanced after reopening following the Lunar New Year holiday. Optimism that rollouts of coronavirus vaccines will set the stage for stronger economic growth in the second […]

Sebi to ease minimum public offer requirement for large issuers

11:13 pm February 17, 2021

New Delhi: Regulator Sebi’s board on Wednesday decided to relax the minimum public offer norms for large issuers by reducing certain requirements. Changes have been approved in the Securities Contracts (Regulation) Rules, 1957 (SCRR), according to a release. The minimum public offer requirement has been reduced from 10 per cent of post issue market capital […]

Gold plunges Rs 717; silver declines Rs 1,274

5:25 pm February 17, 2021

New Delhi: Gold in the national capital plunged Rs 717 to Rs 46,102 per 10 gram on Wednesday in line with decline in global precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,819 per 10 gram. Silver also declined Rs 1,274 to Rs 68,239 per […]