Mumbai: The rupee reached a new low in the Mumbai currency market today due to the strengthening of the dollar against the rupee. In the currency market, the rupee remained under pressure today due to further decline in the stock market. After opening at Rs 83.84 this morning, the lowest …
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SEBI takes action on front running, insider trading, AMC head also responsible
Ahmedabad Six Market regulator SEBI has made extensive changes in the rules to curb front running and insider trading in mutual funds. Under this, asset management companies will have to establish institutional mechanisms and manage it responsibly. Apart from this, the market regulator has also directed the asset management company …
Read More »Fair jump in global markets too
Mumbai: Gold and silver prices again rose in Mumbai's jewellery market today. World market news was showing improvement with falling prices. Gold price in the world market rose from 2377 to 2378 per ounce, highest price from 2418 to 2419 and lowest price from 2391 to 2392 to 2393 to …
Read More »Gold became cheaper, the price of silver also decreased
New Delhi, 07 August (HS). A big decline is seen in the domestic bullion market today. In today's trading, the price of gold has declined by Rs 850 to Rs 950 per 10 grams. Due to this decline, 24 carat gold is trading in the range of Rs 69,850 to …
Read More »Break on the decline of US market, all round buying trend in Asian markets
New Delhi, 07 August (HS). Positive signals are coming from the global market today. The decline in the US market for three consecutive days was seen to stop during the last session. Dow Jones Futures is also seen trading strongly today. European markets also closed with mixed results due to …
Read More »After a strong opening, the market was under pressure of profit booking, Sensex and Nifty slipped from the upper level
New Delhi, 07 August (HS). After a strong start in the domestic stock market today, the pressure of profit booking is seen building up. Today's trading started with a strength of more than one percent, but after the market opened, both the Sensex and Nifty indices slipped below the upper …
Read More »Sensex's 1093 point surge finally washed away
Mumbai: Amid rising geopolitical tensions after the Israel-Iran war, signs of the US slipping into recession, the bursting of the artificial intelligence (AI) bubble and fears of a coup in Bangladesh, Indian stock markets have lost $6.4 trillion in a single day. Investors lost Rs 15.22 lakh crore today after …
Read More »The fall in the stock markets has increased the pressure on the Federal Reserve to cut interest rates
Mumbai: The fall in stock markets across the world on Monday has put pressure on the US Federal Reserve to cut interest rates in the mid-term. Analysts are now demanding the Federal Reserve to cut interest rates before the September meeting. The Federal Open Market Committee (FOMC) kept interest rates …
Read More »Indian companies have performed the worst in terms of profit making in the last seven quarters
At the beginning of the financial year 2024-25, the shine of Indian companies seems to be fading. The figures of decline in net profit and reduction in revenue testify to this. Results of 488 companies came in the first quarter of April-June. It has been found that the net profit …
Read More »Infosys gets no relief from the government on GST collection of Rs 32 thousand crores
5 mins ago Business The case of Information Technology (IT) sector leader Infosys demanding GST collection of Rs 32 thousand crore has taken another turn. The government has refused to give any relief to Infosys in collecting this tax. Meanwhile, it has been …
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