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Tag: Trade

COVID-19: IMF, World Bank urge countries to keep trade open
COVID-19: IMF, World Bank urge countries to keep trade open

Washington: The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to keep trade open as the world battles the COVID-19 pandemic, warning that export controls on medical supplies and other essentials could backfire. At a virtual press conference during the just-concluded spring meetings of the two multilateral institutions, IMF […]

SGX Nifty up 1.40%, points at positive start

Mumbai: The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India indicated a positive start for trading in Indian markets on Monday. In a much needed relief after the worst week since the 2008 financial crisis, the index was trading higher by 1.40 per cent to 8.61. Index futures of […]

PM Modi, US President Trump discuss Iran, trade, defence, 5G

Osaka: Prime Minister Narendra Modi on Friday held talks with US President Donald Trump and discussed various bilateral and global issues including Iran, 5G communications networks, trade and defence ahead of the G-20 Summit. Modi thanked Trump for expressing his “love towards India” in a letter recently delivered by US Secretary of State Mike Pompeo. […]

Indian equity markets
Markets retreat from historic highs

Mumbai: Indian equities seem to now have discounted the return of Prime Minister Narendra Modi. The Sensex after surpassing the historic highs is trading just over 300 points higher. At 1.27 p.m., the Sensex was up by 338.65 points or 0.87 per cent to 39,448.86 after its surpassed the 40,000 mark within minutes into Friday’s […]

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai
Markets surge: Sensex hits record high

Mumbai: Markets hit record highs on Tuesday’s opening session extending their rally for the second day running as the BSE Sensex rose over 100 points to an all-time high of 39,571.73 in early trade. The Sensex touched a fresh life time high of 39,571.73 during the opening session of the trade on Tuesday. At 9.29 […]

Delhi High Court extends stay on circular banning e-cigarettes

New Delhi: The Delhi High Court on Friday extended its stay on the ban on a Directorate General of Health Services (DGHS) order banning the sale, manufacture, distribution, trade, import and advertisement of Electronic Nicotine Delivery Systems (ENDS) including e-cigarettes, till August 22, the next date fixed for further hearing. Justice Vibhu Bakhru’s decision came […]

Consumers may get GST benefit through grammage increase

Kolkata: With a view to passing the benefits of tax rate reduction or input tax credit to consumers in the GST regime, consumers may get volume benefit in lieu of only price reduction as the National Anti-Profiteering Authority (NAA) is allowing ‘grammage increase’, an official said here on Friday. If a supplier of goods increases […]

Indian, Pakistan trade heavy fire on LoC

Jammu: The Indian and Pakistani armies on Monday traded heavy fire on the Line of Control (LoC) in Rajouri district of Jammu and Kashmir prompting authorities to shut down schools in the vicinity. The Pakistan Army were using automatics and mortars to target Indian military and civilian facilities, defence sources said. “Unprovoked firing and shelling […]

IPL: Delhi Daredevils trade Dhawan from Sunrisers Hyderabad

New Delhi: Delhi Daredevils have traded in left-handed opener Shikhar Dhawan from Sunrisers Hyderabad for the upcoming Indian Premier League season, it was announced on Monday. The move would see Dhawan return to his hometown team for the first time since the inaugural season in 2008. The southpaw becomes the first player to be drafted by […]

India-Russia trade to cross $30 bn by 2025: Putin

New Delhi: As Russian President Vladimir Putin on Friday expressed hope that the mutual trade turnover between India and Russia would grow to $30 billion by 2025, Prime Minister Narendra Modi invited Russia to set up a dedicated defence industrial park in the country. To realise the increase in bilateral trade, Modi said the countries […]

India, Kazakhstan agree to boost trade, defence cooperation

Astana: India and Kazakhstan agreed to strengthen cooperation in the areas of trade and defence and security following delegation-level talks headed by Indian External Affairs Minister Sushma Swaraj and Kazakh Foreign Minister Kairat Abdrakhmanov here on Friday. “We covered the full range of bilateral, regional and global issues of mutual interest,” Sushma Swaraj said while […]

China doesn't want trade war with US: Commerce Minister

Beijing: China does not want a trade war with the US and will not start one, but can handle any related challenges and will defend national and the Chinese people’s interests, Minister of Commerce Zhong Shan said on Sunday. Trade wars leave no winners, only disastrous outcomes for the two countries and the rest of […]

Markets open on a negative note on Wednesday

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a negative note during the morning session of the trade. Later the Sensex move to a positive region. The Sensex of the BSE after opening at 36,161.62 points touched a high of 36,163.68 and a low of 36,085.68 points. On Tuesday the Sensex closed at 36,139.98 […]

Markets open on a higher note on Wednesday

Mumbai: The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE after opening at 33,929.61 points and touched a high of 33,970.61 points and a low of 33,885.22 points. On Tuesday, the Sensex closed at 33,812.26 points. The Sensex is trading at […]

Nifty crosses 9,600 mark for first time

Mumbai:  The wider 51-scrip NSE Nifty touched the 9,600-mark for the first time in history during the mid-afternoon trade session on Friday. Around 3 p.m., the NSE Nifty traded at 9,600.05 points — up 90.30 points or 0.95 per cent. A strong rupee, along with surge in metal and automobile stocks helped the key index […]