Business and Economy

Tuesday, May 11, 2021#Market_Review || Sensex down over 400 points

Mumbai, May 11: The BSE Sensex on Tuesday nosedived by 436 pts to open at 49,066.45 as profit booking was seen in Metal, IT, Finance and Materials stocks.

The Nifty too slipped by 153 pts to 14,789.70.

The Sensex registered intra days high and low at 49,146.74 and 48,988.18 pts respectively.

The Nifty registered intra days high and low at 14,837.95 and 14,771.40 respectively.

The Mid

 

Monday, May 10, 2021Fuel prices start rising again, petrol up 26p, diesel 32p/ltr

New Delhi: On the expected lines, oil companies did not wait long and raised the price of petrol and diesel steeply across the country on Monday.

Accordingly, Petrol and diesel prices were increased by 26 paise and 32 paise a litre to Rs 91.53 and Rs 82.06 per litre respectively in Delhi.

Prior to the increase, petrol and diesel were being retailed at Rs 91.27 and 81.73 per litre respectiv

 

Monday, May 10, 2021677 people fined, 11 arrested for violating COVID curfew in Kashmir

Srinagar: As many as 677 people were fined while 11 others were arrested during the last 24 hours in Kashmir valley for violating COVID curfew and other guidelines imposed by the administration to curtail the spread of the virus.

A police spokesperson said that since the outbreak of second wave of Coronavirus, J&K Police has enhanced its efforts to sensitise the masses about controlling the hi

 

Monday, May 10, 2021#Market_Review || Sensex rallied over 300 points

Mumbai, May 10: The BSE Sensex on Monday advanced 371 pts at 49,578.35 as buying was witnessed across the board.

The Nifty too rose by 117.30 pts to 14,940.45.

The Sensex registered intra days high and low at 49,580.97 and 49,481.42 pts respectively.

The Nifty registered intra days high and low at 14,941.05 and 14,912 respectively.

The Mid Cap moved up by 0.53 pc and Small Cap by 0.89

 

Monday, May 10, 2021Rupee up 11 paise against USD

Mumbai, May 10: The Rupee on Monday gained eleven paise at 73.40 in opening trade on the selling of US Dollar by bankers and exporters, dealers at the Forex Market said.

The local unit was seen as strong because of the weak dollar against other world currencies amid a strong opening in the stock market.

The Rupee registered days high and low at 73.46 and 73.38 respectivel

 

Sunday, May 9, 2021COVID-19 pandemic: Centre releases Rs 8923.8 cr to Panchayats in 25 states

New Delhi, May 9: The Department of Expenditure, Ministry of Finance, has released an amount of Rs 8,923.8 crore to 25 states for providing grants to the Rural Local Bodies (RLBs) in advance, in view of the COVID-19 pandemic.

The grants are meant for all the three tiers of Panchayati Raj Institutions – village, block, and district, the Ministry of Finance said in a statement here on Sunday.

 

Sunday, May 9, 2021Petrol, diesel prices remain unchanged for 2nd straight day

New Delhi, May 9: Petrol and diesel prices in the country remained unchanged on Sunday as oil marketing companies (OMCs) decided to pause the daily revision process and closely study global oil price movement before effecting any change in the domestic market.

Accordingly, petrol price remained at previous day's level of Rs 91.27 a litre and diesel at Rs 81.73 a litre in the national Capital.

 

Sunday, May 9, 2021Imposition of Gold Hallmarking from June 1 is hasty decision; open hallmark centres across J&K: Jewellers

Jammu: As the gold hallmarking will be mandatory from June 1, 2021 across the country, Jammu and Kashmir jewellers have termed imposition of decision in haste and have sought opening of hallmark centres in every district of the Union Territory.
From June 1, 2021, jewellers can sell gold ornaments only in three variants —14, 18 and 22 carats, an official said.
Jammu and Kashmir at present is hav

 

Saturday, May 8, 2021Big relief to jewellers on mandatory hallmarking

New Delhi: The Nagpur Bench of Bombay High Court passed an interim order on May 7 which stops Bureau of Indian Standards (BIS) from taking any coercive action on jewellers across India or impose penalty on those who may not comply with BIA (BIS Act, 2016) regulations, Section 29(2) on mandatory hallmarking due to the lack of adequate infrastructure in terms of assaying and hallmarking centres.

 

Saturday, May 8, 2021OMCs go on pause mode as petrol, diesel prices remain unchanged

NEW DELHI: Petrol and diesel prices in the country remained unchanged on Saturday as oil marketing companies (OMCs) decided to pause the daily revision process and closely study global oil price movement before effecting any change in the domestic market.

Accordingly, petrol price remained at previous days level of Rs 91.27 a litre and diesel Rs 81.73 a litre in the national capital.

Across

 

Friday, May 7, 20212 held for selling oxygen concentrators at inflated prices

New Delhi, May 7: Cracking its whip against the black marketeers, the Delhi Police on Friday said it has arrested two persons.

Deputy Commissioner of Police (DCP) South Delhi Atul Bhatia said, that the Greater Kailash Police station team has arrested two persons, and also seized 10 medical oxygen concentrators and 82 plastic pipes used in concentrators, 3,486 digital thermometers, 263 digital

 

Friday, May 7, 2021Petrol, diesel prices maintain rally, rise again by 28-31 paise/ltr

New Delhi, May 7: Petrol and diesel prices in the country rose again sharply by 28 paise and 31 paise per litre respectively, on Friday as Oil Marketing Companies (OMCs) continued to cover for their losses on holding back price rise for past 18 days due to state elections.

This is fourth increase in fuel prices in as many days as petrol and diesel prices rose by 15 paise and 18 paise per litr

 

Friday, May 7, 2021#Market_Review || Sensex up over 200 points

Mumbai, May 7: The BSE Sensex continued to rise on Friday too as it edged up by 262 pts as brisk buying was seen in Materials, Capital Goods, Finance, Health Care and Industrials stocks.

The Nifty too rose by 69 pts to 14,793.85.

The Sensex registered intra days high and low at 49,417.64 and 49,169.14 pts respectively.

The Nifty registered intra days high and low at 14,863.05 and 14,790.

 

Thursday, May 6, 2021Let our firms take part in 5G trials, China tells India

New Delhi: Beijing has expressed deep concerns over India's new telecom policy that does not permit Chinese telecommunication companies to conduct 5G trials in the country, saying the move is not conducive to the innovation and development of related Indian industries.
On Tuesday, the Department of Telecommunications (DoT) granted approval to nearly a dozen companies to conduct a six-month trial

 

Thursday, May 6, 2021Petrol, diesel prices rise for a third consecutive day

MAY 6: In one of the steepest increase since daily price revision was started, petrol price on Thursday was hiked by 25 paise per litre and diesel by 30 paise as oil companies raised rates for the third straight day to pass on to consumers the increase in international oil prices.

Petrol price in Delhi was increased to Rs 90.99 per litre from Rs 90.74 while diesel rates went up to Rs 81.42 a l

 

Thursday, May 6, 2021#Market_Review || Sensex up 200 points

Mumbai, May 6: The BSE Sensex on Thursday rallied by 200 pts to open at 48,877.78 as fresh buying was seen in Materials, Capital Goods, Finance, Health Care and Industrials stocks.

The Nifty too rose by 50 pts to 14,668.

The Sensex registered intra days high and low at 48,898.68 and 48,690.95 pts respectively.

The Mid Cap moved up by 0.39 pc and Small Cap by 0.17 pc.

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