The selloff was not limited to large-cap stocks. The Nifty Midcap 100 and Nifty Smallcap 100 indices each fell. Stock market crash today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in trade on Thursday on weak global cues and a sharp rise in US yields.The stock market came under heavy selling pressure,…
The government has decided to advance the payment of salaries, wages and pensions for central government employees. Bank strike from September 28-30: In lieu of the upcoming three-day bank strike from September 28 to September 30, the Finance Ministry has asked all ministries and departments to arrange for the advance payment of September salaries.The salaries…
Macquarie has started coverage of NSE with an Outperform rating and assigned a target price of Rs 1,965. NSE share price today: Shares of National Stock Exchange (NSE) made a subdued debut on Thursday, opening at Rs 1,800 per share on the BSE. The listing price saw a premium of less than 1% over the…
On the upside, 155,000 is the crucial resistance level to breach & a sustained move above that level should negate the bearish bias. Gold and silver price prediction today: Gold and silver prices are on the back foot and the downward pressure is expected to continue in the near-term, says Abhilash Koikkara, Head – Forex…
The ITAT Delhi noted that the woman had claimed a foreign tax credit of Rs 23.48 lakh in her ITR. (Image for representative purpose) You are an Indian-origin US citizen and you pay your taxes in America. But a tax demand for your income is raised in India because of an error on your part….
Indian stock markets are likely to open lower on Thursday after oil prices rose sharply in the previous session amid renewed tensions between the US and Iran. GIFT Nifty futures stood at 23,270 points at 8:02 am, IST, signalling a weak start for the Nifty 50. Brent crude traded at $102.53 a barrel, down 0.54%,…
Oil prices had slipped below $100 a barrel on Wednesday. Oil prices edged lower on Thursday after rising about 4% in the previous session, as investors assessed signs that Iran remained open to diplomacy to end its war with the US, although the two sides remain far apart on the terms of a possible agreement.At…
Before the IPO opened for subscription, NSE had raised Rs 6,746 crore from more than 150 anchor investors. NSE IPO listing date today: National Stock Exchange of India’s shares will debut on the Bombay Stock Exchange and Metropolitan Stock Exchange of India (MSEI) today.Market participants are also tracking grey market movements closely ahead of the…
RBI deputy governor Poonam Gupta MUMBAI: RBI deputy governor Poonam Gupta said that despite multiple shocks, India’s inflation is likely to remain within the target band, unlike several advanced economies where inflation is running above target and may require higher interest rates. She also said that there was scope for the rupee to appreciate from…
BRICS economies must have say in global tax rules as negotiations shape cross-border taxation: FM Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday urged BRICS nations to share their experiences on treaty interpretation and multilateral negotiations in international taxation, saying global transfer pricing disputes “disproportionately” burden developing countries.India has proposed to set up two…
