Search Results for: markets

Fears of Bank of England emergency interest rate hike may trigger plunging pound

The pound sterling was "absolutely hammered" in trading early Monday morning, dropping to just $1.0327 - under the grim 1985 baseline of $1.0545.

Sep 27, 2022

Dow tumbles, Fed hikes interest rate, recession fears grip US economy

The Dow was down 289 points, or 1 per cent, at the market open. The S&P 500 fell 1.1 per cent and The Nasdaq composite was 1.1 per cent lower, CNN reported.

Sep 24, 2022

Plant based meat, replacing traditional meat.

India sent 5000kgs of momos, spicy strips, grilled patty, spring rolls to US; it's a big deal [here's why]

From mini samosas to hot and spicy strips, and momos to spring rolls and more, India's first consignment of plant-based meat products has been exported to the United States.

Sep 23, 2022

Sensex falls sharply by 600 points, Indian Rupee weakens to Rs.80.71

Sensex falls sharply by 600 points, and Indian Rupee weakens to Rs.80.71, lowest level in 20 years

Sep 23, 2022

US Fed delivers another big interest rate hike, Sensex falls, rupee at Rs 80.45 per dollar

The 0.75 hike was the fourth in 2022, which is expected to impact other markets and the global economies and currencies.

Sep 22, 2022

For non-profits wanting to get listed on Social Stock Exchange, there should be no I-T notice or scrutiny: SEBI

The SEBI on Monday proposed a new framework for the Social Stock Exchange (SSE). This new framework would allow the listing of non-profit organisations (NPO).

Sep 21, 2022

Adani group's market valuation stands at $260 billion: Gautam Adani

In a speech made at an event to mark the completion of the ACC-Ambuja Cements acquisition on September 17, Adani said this acquisition is India's largest ever inbound M&A transaction in the infrastructure and materials space and closed in a record time of four months.

Sep 19, 2022

Govt can conduct survey of madrasas: Maulana Arshad Madani

"Let them conduct the survey. I see nothing wrong in it. There are no illegal activities being carried out in the madrasas. If any madrasa has been constructed illegally after land grab, we will have no problem if the government demolishes it," he told reporters.

Sep 18, 2022

FDA cancels Johnson & Johnson's licence to make baby powder

The FDA said that the licence was cancelled after samples of the fast-moving Johnson's Baby Powder collected from Nashik and Pune have failed quality checks, and has ordered the company to recall all its stocks from the markets.

Sep 17, 2022

Sensex opens above 60,500 points Tuesday, 4th straight positive session

Indices open above 60,500 points Tuesday, 4th straight positive session showing higher confidence levels in the market.

Sep 13, 2022

What explains RBI's bullishness & why India is a $1tn investment magnet

Domestic consumption is making a strong comeback, traditionally one of the main drivers of India's economic growth.

Sep 11, 2022

Experts predict volatility in Indian rupee likely to persist in the short term

Sujan Hajra, Chief Economist and Executive Director, Anand Rathi Shares and Stock Brokers, said from Rs 73 per dollar in April 2021, recently rupee moved below Rs 80 per dollar

Sep 10, 2022

After a volatile week expect markets to remain rangebound [details inside]

The Indian Rupee gained 6 paisa or 0.08 per cent to close at Rs 79.80 to the US Dollar. Dow Jones continued to remain under pressure and lost on four of the five trading sessions.

Sep 4, 2022

Unreleased Google Pixel 7 Pro 'appears' in unboxing video; what to expect [details]

The video even features what looks like Google Pixel's official animation sequence when it's booted up, followed by a device setup screen.