The headline equity indices pared early losses and ended with tiny gains on Tuesday. After hitting the days low of 15,710.15 in early trade, the Nifty 50 index marched higher and hit the days high of 15,892.10 in late trade. Oil & gas, auto and metal stocks advanced while consumer durables, private banks and financial services stocks corrected. The barometer index, the S&P BSE Sensex, […]
Gold stayed under stress today as traders eyed firm global equities. The counter currently trades flat at $1823 per ounce as the market continues to eye the explosive undercurrent on the Russia-Ukraine front, capping the downside for the yellow metal. Asian stocks added to yesterdays gains. The Chinese Covid-19 worries receded as an easing in covid-19 restrictions in China raised prospects the economy will recover […]
Minister of Ports, Shipping and Waterways Sarbananda Sonowal has asked all ports to prepare master plan in order to become Mega Ports by 2047. Sonowal suggested the major ports to draft land policy guidelines, explore potential of satellite presence out of port limits. In order to make SPVs more efficient and effective, the Minister directed the officials to repurpose the SPVs so as to make […]
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