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The domestic equity benchmarks recovered from steep losses in early trade and ended with modest cuts on Tuesday. The Nifty closed near the 17,100 mark after hitting the days low of 16,843.80 in initial deals. Selling was broad based with metals, PSU banks and realty shares declining the most. The S&P BSE Sensex fell 382.91 points or 0.66% to 57,300.68. The Nifty 50 index lost […]

Hero MotoCorp and Bharat Petroleum Corporation have collaborated to set up charging infrastructure for two-wheeled electric vehicles (EVs) across the country. The two companies will first establish a substantial charging infrastructure at the existing nationwide energy station network and subsequently may broaden the collaboration to develop more synergies within the EV ecosystem and adjacent business verticals, thereby enabling prospects throughout the customer life cycle. In […]

At 74.7850/7975 per Dollar

Indias fuel demand is estimated to see a rise of 5.5% on year to 214.5 million tonnes in FY 2023, according to the oil ministrys Petroleum Planning and Analysis Cell (PPAC). Demand for petroleum products grew by 4.9% in the first nine months of the current fiscal year that began in April 2021. Fuel consumption was 148.3 million tonnes in April-December 2021. Powered by Capital […]

The Indian rupee depreciated by 31 paise to 74.86 (provisional) against the US currency on Tuesday as riskier assets took a hit amid deepening geopolitical tensions. Besides, sustained foreign fund outflows, a lacklustre trend in domestic equities and elevated crude oil prices weighed on investor sentiment. At the interbank foreign exchange, the rupee opened at 74.71 against the American dollar but later dropped to a […]

COMEX Copper futures held up just above $4.50 per pound in choppy trades amid weak equities as Russia-Ukraine worries weighed on sentiments. Risk sentiment was hurt for Asian stocks. Chinese benchmark Shanghai Composite index ended down around 1%. Hong Kongs Hang Seng tanked 2.70%. Japanese Nikkei index dropped 1.70%. European stocks fell amid nervous trades. Major indices in Germany and France have lost around 1%. […]

Japan share market finished lower for fourth consecutive session on Tuesday, 22 February 2022, as geopolitical uncertainty over Ukraine continued to weigh investors sentiments. At closing bell, the 225-issue Nikkei Stock Average stumbled 461.26 points, or 1.71%, to 26,449.61. The broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 29.60 points, or 1.55%, to 1,881.08. Total 30 of 33 TSE […]

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The partnership will lend support to Wipro FullStride Cloud Services’ position as a leading provider of digital transformation solutions.

To jointly establish Indias first Lypors? pilot manufacturing plant