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Mail Today Bureau
July 19, 2018
Addressing shareholders at the annual general meeting of the group flagship Ultratech Cement, Birla noted that the economy has shown considerable resilience to the transitory effects on demonetisation and GST rollout.


BusinessToday.In
July 18, 2018
Traders said positive cues from other Asian markets, tracking overnight gains in the US market following upbeat remarks from Federal Reserve Chairman Jerome Powell during his congressional testimony boosted investor sentiment.


BusinessToday.In
July 17, 2018
The market recovered in trade today as oil, metal and PSU stocks rallied after a sharp drop in global crude oil prices. While the Sensex closed 196 points higher at 36,519,  the Nifty rose 71 points to 11,008 level Sentiment received a boost after global crude oil prices fell over 4 per cent owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.Besides, reports that the finance ministry is likely to infuse about Rs 10,000 crore within a few days in s...


PTI
July 17, 2018
Sentiment got a boost after global crude oil prices dropped by over 4 per cent yesterday owing to oversupply fears, helping the rupee to strengthen against the dollar, brokers said.


BusinessToday.In
July 17, 2018
IMF said that the emerging market and developing economies have experienced \"powerful crosswinds\" in recent months, courtesy factors like higher yields in the United States, dollar appreciation, escalating trade tensions, geopolitical conflict, and rising oil prices.


PTI
July 16, 2018
The Wholesale Price Index (WPI) based inflation stood at 4.43 per cent in May and 0.90 per cent in June last year.


BusinessToday.In
July 14, 2018
The trade deficit in June 2018 is the highest since November 2014 when the gap was USD 16.86 billion. The deficit in June 2017 stood at USD 12.96 billion.


BusinessToday.In
July 13, 2018
While the Sensex closed 6 points lower to 36,541 level, the Nifty fell just 4 points to 11,018 level. The Sensex gained 282.48 points on Thursday and closed at a record high of 36,283.25 after crude oil prices posted their biggest one-day drop in two years and robust start of the earnings season.


Aseem Thapliyal
July 12, 2018
The Nifty ended above 11, 000 level for the first time since February 1 and is now 2% away from record highs. Sensex hit all-time high of 36,699 intra day after opening at 36,424 level.


BusinessToday.In
July 12, 2018
Though India is yet to make its stand on Iran oil official, Indian refiners have reportedly already started cutting down on imports.


BusinessToday.In
July 12, 2018
US crude oil prices too fell 5% to $70.38 a barrel - their worst one-day fall in a year. The fall follows a months-long rally that saw oil prices rising to record highs in recent years.


PTI
New Delhi, July 8, 2018
Continued strengthening of the US dollar, lack of foreign investment inflows and concerns over rising oil prices are likely to keep the rupee under pressure and push it down to the 70 mark this week, said bankers.


BusinessToday.In
July 8, 2018
Last month, petroleum prices were cut 14 times after hitting an all-time high of Rs 78.43 a litre for petrol and Rs 69.31 for diesel on May 29. Petrol price dropped by Rs 2 a litre and diesel by Rs 1.46.


BusinessToday.In
July 6, 2018
\"We are pretty bearish (on the rupee) at this moment, given all the circumstances combined. Not only high oil prices but also the trade war that has been taking off,\" Hugo Erken, senior economist at Rabobank told Reuters.


BusinessToday.In
New Delhi, July 5, 2018
The OPEC nations that comprised 15-member countries and Non-OPECnations, led by Russia, have been withholding oil production to boost the prices. The US plan to reintroduce oil exporting sanctions against Iran from November has also given rise to crude oil prices.


BusinessToday.In
July 3, 2018
The market closed higher today on buying by domestic institutional investors in the backdrop of easing macro cues such as recovery in the rupee and falling crude oil prices. While the Sensex closed 114 points higher at 35,378, the Nifty rose 42 points to 10,699 level. Sun Pharma, Maruti and Infosys were the top Sensex gainers. Vedanta Ltd was the top Sensex loser after the group's decision to delist Vedanta Resources from the London Stock Exchange in $1.1 billion share buyback. The ...


BusinessToday.in
New Delhi, June 28, 2018
The rupee collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade today. Rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics. Watch BusinessToday.In video to find out about what led to the fall of the Indian currency.


BusinessToday.In
June 28, 2018
Rupee collapsed to a record low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.


BusinessToday.In
June 27, 2018
The rupee today depreciated by 30 paise in early trade on strong month-end dollar demand from importers and banks amid sustained foreign capital outflows.


BusinessToday.In
June 27, 2018
ICICI Bank (3.16%), L&T (2.71%) and Tata Motors (2.22%) were the top Sensex losers. HDFC Bank (0.89%), Coal India (0.74%) and TCS (0.38%) were the top Sensex gainers.


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