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The 30-share Sensex nosedived 1,540.85 points to 56,612.07 in early deals
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The benchmark Sensex surged 1.47 per cent or 850.71 points to 58,864.88 points, against its previous day’s close at 58,014.17 points
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The sudden action from the central bank raises fears about asset quality and the overall health of the bank
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On Thursday, the rupee had closed at 74.30 against the US dollar
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Rice exports rose an impressive 10.5 per cent between April and October over the record exports in FY21
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Immediately after the launch, the shares of Paytm traded in the red zone and fell over 20 per cent within minutes of trading
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Petrol and diesel prices differ from state to state depending on the incidence of value-added tax
This post was originally published on The Asian Age | Home.
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LPG rates were last hiked by Rs 15 per cylinder on October 6, taking the total increase in rates since July to Rs 90 per 14.2-kg cylinder
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The rally in auto, power and metal stocks helped NSE’s Nifty-50 close above the 18000-mark for the first time
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According to the Retailers Association of India, retail sales in September 2021 were at 96 % of the pre-pandemic levels of September 2019
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The price of petrol in Delhi rose to its highest-ever level of Rs 103.84 a litre and Rs 109.83 per litre in Mumbai
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The Sensex has climbed from the 30,000 level to 60,000 in little over six years, reflecting the overall bullishness in the market
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At 121 tonnes, gold imports in August were highest in five months and almost double of 63 tonnes imported in the same month last year
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Diamond prices have moved up by up to 20 per cent in 2021 with the demand for jewellery rising in key markets
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This is Barclays’ single largest capital infusion in its Indian business in the last three decades
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In the international market, gold was trading higher at USD 1,793 per ounce and silver was flat at USD 23.88 per ounce
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Silver also zoomed Rs 766 to Rs 66,926 per kilogram from Rs 66,160 per kilogram in the previous trade
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MPC may shrug off inflation build-up
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Gold Council has refrained from giving a yearly estimate of gold demand
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Saudi Arabia is the world’s largest exporter of crude oil and India’s second-biggest source after Iraq
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Tech Mahindra was the top gainer in the Sensex pack, rising around 2 per cent
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In the face of COVID-19, the political response has been at best temporary relief and at worst indifference. What we need going forward is not just better public health measures, but a response to the economic insecurities and policy failures that it laid bare.
This post was originally published on Dissent MagazineDissent Magazine.
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The cost of open-cell panels has gone up in the global markets by up to 35 per cent in the past one month
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While the company did not name the supplier partners, sources said Foxconn will be making the iPhone 12 at a facility in TamilNadu
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These industrial parks will create employment opportunities for more than one lakh people, the government said
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India keeps trade share in pharma, loses in apparels
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On the Sensex chart, IndusInd Bank was the top gainer, rallying over 11 per cent, followed by ICICI Bank, SBI, HDFC, M&M and Axis Bank
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US equities finished at record highs on Wednesday after Joe Biden was sworn in as the President of the United States
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Bernard Madoff may be a fading memory from the past, but for reporter Steve Fishman, the fallen financier’s story holds lessons for today. Madoff masterminded one of the biggest Ponzi schemes in history, duping thousands of investors out of tens of billions of dollars. His scam rocked Wall Street for years.
In this episode, we trace the rise and fall of Madoff through Fishman, who spent years interviewing investors, regulators and even Madoff himself from inside federal prison. We learn how Madoff pulled off his scam, and why nobody caught on for decades. We also hear from experts who say that investors still are vulnerable to financial fraud, especially in the era of bitcoin and other cryptocurrencies.
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Head over to revealnews.org for more of our reporting.Follow us on Facebook at fb.com/ThisIsReveal and on Twitter @reveal.
And to see some of what you’re hearing, we’re also on Instagram @revealnews.
This post was originally published on Reveal.