Author Archives: admin

Sensex falls 146 points on F&O expiry, weak rupee

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MUMBAI: After rising for two back-to-back sessions, the stock market turned weak as the benchmark Sensex fell nearly 146 points and the NSE Nifty hung below the 8,000-mark in early trade today, with participants liquidating positions in view of November month derivatives expiry. Besides, weak Asian cues as upbeat economic data strengthened prospect of higher US interest rates and the ...

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Rupee gains 9 paise against dollar in early trade

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MUMBAI: The rupee firmed up 9 paise to 68.56 against the dollar in early trade today, rising for the second straight day on increased selling of the US currency by exporters and banks. Forex dealers said a higher opening in the domestic equity market and expectations of encouraging GDP data to be released later in the day, also supported the ...

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Gold down Rs 100 on cash crunch, weak global cues

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NEW DELHI: Gold prices declined by Rs 100 to Rs 29,350 per 10 grams today due to low demand on account of prevailing cash crunch in the domestic market following demonetisation of high value notes as well as a weak trend overseas. While, silver recovered by Rs 700 to Rs 41,435 per kg on increased offtake by industrial units and ...

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Rupee sheds 11 paise against dollar in early trade

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MUMBAI: The rupee weakened by 11 paise to 68.57 against the dollar in early trade today at the Interbank Foreign Exchange market on month-end demand for the American currency from importers. Forex dealers said a lower opening of the domestic equity market also weighed on the rupee but the dollar’s weakness against some currencies overseas capped the fall. The rupee ...

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Soaring rise in militancy points towards failure at Central, State level: Omar Abdullah

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JAMMU: Asserting that the current situation at the border was cause for grave concern, former Jammu and Kashmir chief minister Omar Abdullah on Wednesday stated that in recent months there has been a significant deterioration in relations between India and Pakistan, adding that it pointed to the clear failure by the Centre and the state government. Speaking to the media here, ...

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