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Sensex slumps 257 pts; Nifty below 24,900; VIX slides 2.13%

Mumbai, June 17 -- The headline equity benchmarks traded with moderate losses in early afternoon trade, amid rising geopolitical tensions between Israel and Iran. Market sentiment remains cautious, wi... Read More


Rajshree Polypack rises after bagging Rs 3-cr export order

Mumbai, June 17 -- The order entails the supply of injection-molded products, customized to the client's specifications. The company has developed dedicated moulds for the customer, and execution is e... Read More


Dollar index holds above 98 mark; Focus shifts to FOMC

Mumbai, June 17 -- The dollar index is adding gains just above 98 mark on Tuesday as investors shift focus on upcoming US retail inflation for the day and FOMC review scheduled for the week. Interest ... Read More


Economic Buzz: OPEC says global economy continues to exhibit healthy underlying dynamics despite trade-related uncertainties

Mumbai, June 17 -- The Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that global economy continues to exhibit healthy underlying dynamics despite trade-relate... Read More


Advances in US Treasury yields capped as Fed decision takes centre stage

Mumbai, June 17 -- The US Treasury yields edged up on Monday as global markets continue to react to unrest in Middle-east amid air strikes being exchanged between Israel and Iran. The yield on the ben... Read More


Ethos acquires Dubai subsidiary to boost Middle East presence

Mumbai, June 17 -- According to a regulatory filing, Ethos acquired 300 equity shares of AED 1,000 each, amounting to an initial paid-up capital of AED 300,000. The acquisition was completed on 16 Jun... Read More


Ministry of Coal says 38 bids received against 8 coal blocks offered in 12th round of commercial coal blocks auction

Mumbai, June 17 -- The Nominated Authority, Ministry of Coal yesterday opened the bids for the 12th round of commercial coal blocks' auction (excluding 6 underground coal blocks). The round received g... Read More


NTPC board to mull fund raising up to Rs 18,000 crore on June 21

Mumbai, June 17 -- The proposal includes the issuance of secured or unsecured, taxable or tax-free, redeemable, non-convertible debentures (NCDs), subject to shareholder approval. NTPC is India's lar... Read More


RBI raises agency commission rate for banks conducting government business

Mumbai, June 17 -- The Reserve Bank of India (RBI) has hiked the agency commission for banks conducting government business such as revenue receipts and payments, pension payments, among others. The c... Read More


US yields edge up slightly as markets eye Middle-east scenario

Mumbai, June 16 -- The US Treasury yields rose on Friday, coming off a five-week following Israeli airstrikes on Iran and counterattacks from Iran. A wild spurt was seen in WTI Crude oil futures in la... Read More