Extending losses for the second consecutive session, market benchmark BSE Sensex plunged 560 points Friday after the government thwarted hopes of a tax relief for FPIs.
The rupee appreciated by 23 paise to 68.74 against the US dollar in early trade Friday, as market participants pinned their hopes on aggressive interest cut by the US Federal Reserve later this month.
Lok Sabha on Thursday took up discussion on Finance Bill, 2019 after Finance Minister Nirmala Sitharaman moved it for consideration and passage in the Lok Sabha.
Domestic equity benchmarks BSE Sensex and NSE Nifty opened on a choppy note Wednesday amid weak global cues and continued foreign fund outflow.
Domestic equity benchmark BSE Sensex surged over 250 points in opening trade Monday driven by gains in index heavyweight Infosys, amid positive cues from global markets.
The Bombay High Court on Thursday dismissed a plea of beleaguered liquor baron Vijay Mallya seeking a stay on the procedure for the confiscation of his properties by the government agencies in connection with Rs 9,000 crore money laundering and fraud
The rupee rebounded 25 paise to 68.33 against the US dollar in early trade Thursday, in tandem with other emerging market currencies after Federal Reserve chief Jerome Powell bolstered expectations of a rate cut later this month.
Finance Minister Nirmala Sitharaman on Wednesday said that the government was committed to the path of fiscal consolidation without compromising on requirements of public expenditure and there was an increase in tax receipts of the government.
Domestic equity benchmarks BSE Sensex and NSE Nifty started on a choppy note Wednesday as investors await direction from key global and domestic events scheduled this week.
The rupee tumbled 16 paise to trade at 68.67 against the US dollar in early trade Wednesday amid unabated foreign fund outflows and rising crude oil prices.
Domestic equity benchmark BSE Sensex fell over 250 points in early trade Tuesday dragged by losses in HDFC twins and TCS as Budget tax proposals continued to spook investors.
The rupee Tuesday declined by 18 paise to 68.84 against the US currency in early trade, due to strong dollar demand from banks and importers amid persistent foreign fund outflows.
Domestic equity benchmark BSE Sensex cracked over 400 points in early trade Monday dragged by losses in HDFC twins, L&T and RIL stocks, amid heavy selloff in global equities.
The rupee on Monday depreciated by 16 paise to 68.58 against the US dollar in early trade, mainly due to heavy selling in domestic equities and foreign fund outflows.
A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners (ACs) will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget f
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Friday made her maiden Budget Speech and presented the Union Budget 2019-20 in the Lok Sabha.
Finance Minister Nirmala Sitharaman on Friday said the government aims to develop 75,000 skilled entrepreneurs in agro-rural industries.
Union Finance Minister Nirmala Sitharaman on Friday called on President Ram Nath Kovind at the Rashtrapati Bhavan before presenting her first Union Budget.