Search Results for: depreciating rupee

Budget 2019: Sensex rallies over 500 pts; Nifty nears 11,000 mark

The 30-share Sensex was trading 506.21 points or 1.40 per cent, higher at 36,762.90; and the 50-share Nifty inched near the 11,000 mark rallying 143.30 points, or 1.32 per cent, to 10,974.25.

Feb 1, 2019

Niti Aayog calls NSSO report citing high unemployment rate a draft

Congress president Rahul Gandhi said the Modi government had promised two crore jobs, but five years later a "leaked job creation report card" has revealed a "national disaster".

Feb 1, 2019

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Apple lowers some iPhone prices outside US to offset strong dollar

Apple Chief Executive Tim Cook disclosed the plan on Tuesday after the company reported the first-ever dip in iPhone sales during the key holiday shopping period.

Jan 30, 2019

ITC drags markets; Sensex ends 336 points lower

The Indian rupee gains 17 paise to trade at 71.27 against the US dollar, providing some support to the overall dismal sentiment.

Jan 23, 2019

ITC posts 3.84% growth in third quarter, shares slide 4.75%

ITC third quarter results were better than the analysts' estimates, according to Reuters Refinitiv Eikon data.

Jan 23, 2019

Rupee depreciates 26 paise against US dollar in early trade

Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.

Jan 21, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

Sensex weekly gain at 378 pts; Reliance up 4.5% on day, Sun Pharma down 9%

Sun Pharma was the top loser, cracking 8.58 percent, on reports of fresh allegations by a whistleblower against the company.

Jan 18, 2019

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US dollar edges up amid economic data

The dollar index, which measures the greenback against six major peers, rose 0.01 per cent at 96.0658 in late trading.

Jan 18, 2019

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Asian markets mixed as Huawei report offsets US earnings

After a tumultuous December, global equities have enjoyed a broadly strong start to the year, largely thanks optimism China and the US will resolve their trade row.

Jan 17, 2019

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Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

The SBI-approved proposal seeks lenders to recast the private airline's debt and increase foreign partner's equity participation.

Jan 15, 2019

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Bad news for Jet: Qatar Airways won't invest in 'enemy-controlled' company

Both Etihad and Qatar Airways are promoted by cash rich Gulf Arab emirates, though Qatar Airways swung to losses last year after Qatar was placed under a blockade by neighbouring countries.

Jan 15, 2019

Tata Nano at manufacturing plant in Gujarat

Lower IIP numbers may temper Modi government's GDP estimate

November IIP numbers indicate a more-than-expected contraction of growth in consumption and investments clouding GDP growth rate in FY19.

Jan 14, 2019

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Sensex falls over 150 pts ahead of key macro data release

According to analysts, this week, stock market movement will be driven by the announcement of macroeconomic data points and quarterly earnings by various companies, including bluechips RIL and Wipro.