Mumbai: In knee-jerk reaction to S&P’s rating downgrade threat, the Sensex today nosedived by 162 points to close at 18,631.10 on across-the-board selling, particularly in power, banks and PSU shares. Ratings major Standard & Poor’s downgrade warning of “at least a one-in-three likelihood” of a downgrade of India’s sovereign rating within the next 24 months [...]
New Delhi: In a move to check unauthorised stock market trades through investor accounts, regulator Sebi has asked exchanges to send SMS/Email alerts to every retail investor for all transactions in their names in a day. The move follows complaints against brokers and other market entities conducting transactions through accounts of their clients without the [...]
Mumbai: A flash 900-point crash in NSE Nifty index for a brief period this morning and concerns over the fate of big-ticket reforms like raising the FDI cap in insurance, cut short a four-day rally in stock markets with BSE Sensex falling 120 points to end below 19,000 level today. After gaining around 480 points [...]
MUMBAI: The BSE benchmark Sensex rallied by almost 269 points in opening trade on Monday following the cash reserve ratio cut by the Reserve Bank of India on Friday. Brokers said fresh buying in stocks available at lower levels amid a better trend in Asian region also influenced the markets. The 30-share barometer rose by [...]
MUMBAI: The BSE benchmark Sensex gained nearly 311 points in early trade on Friday on emergence of buying by funds and retail investors at lower levels amid a firm trend in global markets.The 30-share barometer, which had lost 492 points in the last three trading sessions, rebounded by 310.70 points, or 1.81 per cent, to [...]
In choppy trade, the Bombay Stock Exchange benchmark Sensex on Friday at the closing of the market gained 53 points on value buying in some stocks amid a firm trend in global markets. The Sensex rose 52.83 points, or 0.30 per cent to 17,636.80. Similarly, the National Stock Exchange index Nifty rose 19.60 points, or [...]
MUMBAI: The BSE benchmark index Sensex on Thursday declined by almost 185 points in early trade, as funds and retail investors booked profits after recent gains amid weakening trend on other Asian bourses. The 30-share index, which has gained nearly 307 points in the previous two sessions, fell by 184.83 points. In a similar fashion, [...]
MUMBAI: The benchmark index BSE Sensex recovered by over 215 points in early trade on Tuesday after the blood bath of Dalal Street on Monday with the week’s low of 17,445 points. The reasons for gain are fresh buying by funds and retailers at attractive lower levels. The 30-share Sensex, which had lost over 977 [...]
MUMBAI: The BSE benchmark index Sensex fell by over 200 points in the early trade on Monday, as participants engaged in profit-booking amid concerns over rising global crude prices. The 30-share barometer, which had lost over 500 points in the previous three sessions, moved further down by 200 points, to 17,712.27 points in the early [...]
MUMBAI: The BSE benchmark index Sensex recovered by nearly 57 points in early trade on Thursday on selective buying by funds. The 30-share index, which had lost 283.36 points in Wednesday session, recovered by 56.79 points, or 0.31 per cent to 18,202.04 points. The wide-based National Stock Exchange Nifty index moved up by 12.80 points, [...]
It’s David vs Goliath as Rajasthan take on Mumbai’s might
Kolkata: They have shown remarkable fighting spirit despite the demoralising spot-fixing scandal and the Rajasthan Royals will now look to upstage the mighty Mumbai Indians in the second qualifier here tomorrow to book, what would be, a dream final berth in the Pepsi IPL. On paper, Mumbai Indians may appear stronger but Rajasthan will be [...]
21 lawmakers back Chandigarh-born as top US judge
Washington: Ahead of an expected Senate vote on the nomination of Chandigarh-born Indian-American legal luminary Srikanth ‘Sri’ Srinivasan to a top US court, 21 lawmakers have penned their support for him. Srinivasan, 46, currently principal deputy solicitor general of the US last week won unanimous approval from the Senate Judiciary Committee for his nomination as [...]
It was like bereavement: Dravid on spot-fixing
New Delhi: Rajasthan Royals skipper Rahul Dravid says dealing with the turmoil caused by the spot-fixing scandal, which has left his team’s reputation in tatters, has turned out to be as tough as handling “bereavement in some ways”. “I would not lie it was a very tough phase for us. It was a blow to [...]
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A footage is doing the rounds on TV channels where apparently two constables in UP are sorting matters out between them the hard way, raining each other with blows, not verbal, but with their lathis. One look at the video will tell you there seems to be something seriously wrong with the discipline among the [...]
So the thief is in the ship after all. The Mumbai police revelation that Gurunath Melyappan, son-in-law of BCCI Chief Srinivasan, was in constant touch with Vindoo Dhara Singh, now in police custody over betting, leaves no scope for imagination. Little wonder such brazen betting prospered over IPL. It now raises the question: was the [...]
Humorist Jaspal Bhatti, had he been alive, would have found stunning material for a flop show in the BJP’s behaviour of late. How the ‘national opposition party’ turned into a ‘notional’ party is a story worth caricaturing with potential for record viewing-rate.
Chinese president Xi Jinping is a chemical engineer. No wonder he knows the chemical formula to pursue his country’s global ambitions. If anybody in India believed Xi would extend a warm friendship to this country, he should be naive. He has been on a global Sino initiative to widen the Chinese visions of the century. [...]
“India is China’s important neighbour. (The purpose of) my current visit to India is three-fold — to increase mutual interest, intensify cooperation and to face the future,” said Chinese Premier Li Keqiang during his visit to India. To this the Indian prime minister’s response could n0t have been more fitting that “the rest of the [...]
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