MUMBAI: The rupee ended near an all-time low against the dollar on Thursday amid outflows from equities and anxiety over the outcome of the US election, but RBI‘s intervention kept the local currency in a narrow range through Oct.The rupee closed at 84.08 against the US dollar, nearly unchanged from its close on Wednesday. Indian…
MUMBAI: Trading activities by foreign funds, quarterly earnings by a host of blue chip companies and Waaree Energies’ listing are the top factors that would drive the market in the new week.Market players will also closely monitor crude oil price movements due to geopolitical tensions in West Asia, as well as how the rupee trades…
MUMBAI: The US central bank’s aggressive move on Wednesday to cut interest rates by a half percentage point could turn out to be a tailwind for the Indian economy.It could help increase the flow of foreign funds into Indian markets, aid the rupee’s stability and fuel the current bull rally, top govt officials, economists and…
MUMBAI: After a brief setback last week, the sensex is on track to go beyond the 77,000 milestone as the new trading week starts after the formation of the new team of ministers in PM Narendra Modi’s third term.Dalal Street investors are expected to react to who helms the most important ministries – the finance…
NEW DELHI: Centre Monday told Supreme Court that NGO ‘Environics Trust‘, which received 90% of its funds from foreign sources, has utilised the resources to finance agitations and protests against coal, steel, and thermal power projects to stall the pace of development in India.Opposing NGO’s appeal against a Delhi HC order rejecting its challenge to…
