US-China trade

Sensex maintains record run on reforms push, trade optimism; Nifty reclaims 12k

6:29 pm November 7, 2019

Mumbai: The Sensex scaled yet another lifetime peak while the Nifty closed above the key 12,000-mark after five months on Thursday as investors cheered the government’s latest reforms push and progress on US-China trade negotiations. After hitting an intra-day record of 40,688.27, the BSE Sensex ended 183.96 points, or 0.45 per cent up at its […]

Rupee rises 28 paise to 70.74 against USD in early trade

11:04 am October 14, 2019

Mumbai: The Indian rupee appreciated by 28 paise to 70.74 against the US dollar in early trade on Monday as gains in domestic equity market and positive developments on the US-China trade talks front strengthened investor sentiments. At the interbank foreign exchange the rupee opened at 70.83, then gained further ground and touched a high […]

Rupee slips 3 paise to 71.04 against USD

6:39 pm September 25, 2019

Mumbai: The Indian rupee dipped 3 paise to close at 71.04 against the US dollar on Wednesday amid rising demand for the greenback vis-a-vis other currencies overseas, even as crude oil prices eased. Forex traders said a weak trend in domestic equities, political unrest in the US and unabated foreign fund outflows also weighed on […]

Rupee slips 7 paise to 71.01 against USD

8:29 pm September 24, 2019

Mumbai: The Indian rupee on Tuesday dropped 7 paise to close at 71.01 against the US dollar as foreign fund outflows and subdued equities weakened forex market sentiment. However, easing crude oil prices and weaker greenback against rival currencies restricted the rupee fall to some extent. Foreign investors pulled out Rs 828.49 crore from Indian […]

Niti Aayog meet: Spoke on Mahadayi, mining, says Goa CM

Corporate tax giveaway to have little impact on fiscal goals: Niti Aayog

8:15 pm September 21, 2019

Mumbai : The Rs 1.45- trillion tax giveaway is unlikely to widen fiscal deficit much as the shortfall will be met through increased tax collections due to higher growth which the massive tax cuts are expected to achieve, Niti Aayog Vice Chairman Rajiv Kumar said here on Saturday. On Friday, the government had announced tax cuts for […]