BUSINESS

S N Rajeswari appointed whole-time member of IRDAI

11:30 pm November 18, 2020

New Delhi: S N Rajeswari, Chairman and Managing Director of Oriental Insurance Company Limited, has been appointed a whole-time member (distribution) of the Insurance Regulatory and Development Authority of India, according to a Personnel Ministry order. Her appointment to the post is for a period of three years or till attaining the age of 62 […]

Rupee rises for 3rd day, up 27 paise to 74.19 per USD

7:03 pm November 18, 2020

Mumbai: The rupee continued its winning run for the third session in a row on Wednesday, spurting 27 paise to settle at 74.19 against the US dollar amid unabated foreign fund inflows and a weak greenback overseas. At the interbank forex market, the domestic unit opened at 74.49 against the US dollar and touched an […]

Gold falls Rs 357, silver declines Rs 532

6:35 pm November 18, 2020

New Delhi: Gold prices fell Rs 357 to Rs 50,253 per 10 gram in the national capital on Wednesday on rupee appreciation and muted demand by investors, according to HDFC Securities. The yellow metal had closed at Rs 50,610 per 10 gram in the previous trade. Silver prices also declined Rs 532 to Rs 62,639 […]

Sensex rallies over 300 points to hit fresh peak

5:05 pm November 17, 2020

Mumbai: Equity benchmark Sensex surged 315 points to close at a fresh lifetime high on Tuesday, driven by heavy buying in metal, industrials, banking and finance stocks. After touching its all-time peak of 44,161.16 during the session, the 30-share BSE index settled 314.73 points or 0.72 per cent higher at 43,952.71. Similarly, the broader NSE […]

Sensex, Nifty soar to lifetime highs as Samvat 2077 gets off to bright start

8:51 pm November 14, 2020

Mumbai: Domestic equity benchmarks surged to lifetime highs on Saturday as investors built up fresh positions in the special Muhurat trading session to mark the beginning of Hindu Samvat year 2077. The 30-share BSE Sensex soared 194.98 points or 0.45 per cent to close at a record 43,637.98. Intra-day, it hit its all-time high of 43,830.93. On similar lines, […]