Trade

Revenue of the city-based firm grew 6.7 per cent in the quarter under review to Rs 39,854 crore from Rs 37,338 crore in the corresponding period of the last fiscal, the filing added. read more

The 30-share BSE Sensex settled 79.90 points lower at 41,872.73. Similarly, the broader Nifty closed 19 points down at 12,343.30. IndusInd Bank was the top loser in the Sensex pack, dropping 5.44 per cent read more

Chinese leader Xi Jinping’s visit to neighboring Myanmar aims at strengthening relations with members of the Association of Southeast Asian Nations. Yangon authorities hope to revolutionise the sprawling hub by creating a whole new town on the west bank... read more

Sensex touched an intra-day high of 41,994.26 despite retail inflation rising to its highest in over 5 years in December. read more

India last week changed rules that traders say effectively ban imports of refined palm oil from Malaysia. The move came after New Delhi objected to Mahathir’s criticism of India’s new religion-based citizenship law. read more

The United States on Monday removed the currency manipulator label it imposed on China last summer and forex traders believe it as a sign of easing tensions between the two economic powers after nearly two years of conflict. read more

Indian importers will now naturally look at substitute markets, such as Indonesia, Nepal, Ukraine and Argentina, an official said. read more

At the interbank foreign exchange the rupee opened at 70.54, then gained further ground and touched a high of 70.50, registering a rise of 33 paise over its previous close. read more

The 30-share index was trading 74.04 points or 0.18 per cent higher at 40,313.92 in morning trade. The broader Nifty was trading 29.50 points or 0.25 per cent up at 11,886.30. read more

Foreign institutional investors purchased a Rs 1,870.87 crore in the capital market, on Thursday, while domestic institutional investors sold shares worth Rs 650.73 crore, data available with stock exchange showed. read more

Lending has slowed to a trickle, as has consumer demand. Voices across the political spectrum say the last thing the country can afford now is to lower its trade defenses. In fact, that’s exactly what’s needed. read more

India and Saudi Arabia will sign several agreements, including one on forming a Strategic Partnership Council and another on a joint venture for retail outlets for petroleum products, during Modi’s visit. read more

A two-day stakeholders’ meet in Guwahati is trying to find effective and concrete measures to ensure easy access and flow of goods and people through road, rail, waterways and air connectivity especially to the Northeast. read more

Domestic bourses opened on a cautious note on Wednesday with benchmark indices Sensex trading 34.64 points down at 38,471.45 and Nifty higher by 8.25 points at 11,436.55. read more

At the interbank foreign exchange, the rupee opened at 71.26 then fell to 71.33 against the US dollar, showing a decline of 10 paise over its previous closing. read more