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Home  Business

Business

Global Markets Plunge 10% Amid US Recession Fears

Global Markets Plunge 10% Amid US Recession Fears

  • Byju Raveendran files caveat before Supreme Court against US creditor

    A caveat application is filed by a litigant to ensure that no order is passed against them without being heard
  • Rupee hits all-time low of 83.80 against dollar in early trade

    This comes on the heels of significant downturn in Indian equity markets, foreign fund outflows
  • Japan’s Nikkei sinks 12.4% in worst losses since 1987

    Sheds 4,451.28 points amid heavy selling triggered by worries that US economy may be in worse shape than expected
  • Markets open in the red amid selling pressure overseas

    Sensex tanks 2,401.49 points to 78,580.46 in early trade, NSE Nifty tumbles 489.65 points to 24,228.05
  • Hyderabad sees sharp rise in sale of residential properties falling under ‘high-end’ segment

    According to a CBRE report, the sales in the high-end residential segment (Rs. 1 crore to Rs.2 crore and above) in Hyderabad now account for over 50 per cent from 2022 onwards, up from 30 per cent until 2021.
  • CREDAI Hyderabad Property Show 2024 inaugurated on Friday

    Some of the leading financial institutions participate in the property show offering the best schemes on home loans for prospective buyers, a press release said.
  • Centre hikes commercial LPG cylinder, ATF prices; check revised rates

    Jet fuel, or ATF was hiked 2% and the rate of commercial LPG used by hotels and restaurants by Rs 6.5 per 19-kg cylinder
  • Nambi Narayanan expresses desire to set up Asia Aeronautics Space Agency

    Says ISRO's Chandrayaan-3 mission captured the attention of several startups to tap the Indian space sector
  • Infosys shares fall after Rs 32,000-crore GST notice

    Trade 0.5-1 per cent low amid tax evasion allegation
  • Sensex surges 388 points to 82,000; Nifty hits record 25,000 on Fed rate cut hints

    The 30-share BSE Sensex surged 388.15 points, or 0.47%, to reach an all-time intra-day high of 82,129.49 in early trading
  • Rupee up 1 paisa against US dollar in early trade

    While the US dollar fell slightly in overseas markets, rising Brent crude oil prices limited gains for the domestic currency.
  • Chetak Electric Scooter bookings cross the 20,000 milestone in July 2024

    As the most affordable model in the Chetak lineup, the Chetak 2901 boasts a range of 123 km, while features such as the Colored Digital Console, Alloy Wheels, and Bluetooth Connectivity further enhance rider comfort and convenience.
  • Gadkari urges Nirmala to withdraw 18% GST on life, medical insurance premiums

    Raises concerns of Nagpur Division Life Insurance Corporation Employees Union, which had submitted to him a memorandum regarding issues of insurance industry
  • Stock markets open higher amid mixed global cues

    For the fourth consecutive day, the 30-share BSE Sensex rose 116.94 points to 81,572.34 in early trade, while the NSE Nifty increased by 33.75 points to 24,891.05.
  • Rupee rises 2 paise to 83.71 against dollar in early trade

    At the interbank currency exchange, the domestic currency opened at 83.72, up 1 paisa from the previous day's close.
  • Sensex opens at all-time high, Nifty trades above 24,900

    NTPC, SBI, IndusInd Bank, Tata Motors, ICICI Bank, Tata Motors, UltraTech Cement, L&T, Infosys, and Maruti Suzuki top gainers
  • Rupee rises 2 paise to 83.72 against US dollar in early trade

    In the interbank foreign exchange market, the rupee opened strong at 83.70 against the US dollar, moving within a tight range of 83.70 to 83.72 in early trade.
  • Ola Electric Mobility to launch IPO on Aug 2

    Significant part of the proceeds to be used for capacity expansion of its cell manufacturing plant and revving up R&D
  • Gold prices in Hyderabad hit four-month low

    As of Saturday, the price for 22-carat gold per ten grams stood at Rs 63,250, while 24-carat gold was priced at Rs 72,280.
  • ADP donates to Leprosy patients in collaboration with the LEPRA society

    On the occasion, ADP Senior Vice President Sujnan Venkatesh stated that the footwear donation was part of a CSR initiative to address the challenges faced by people living with leprosy and other disabilities.
  • Airtel expands its Wi-Fi service across an additional 1.9 million households in Telangana

    Apart from high-speed reliable wireless internet service, Airtel Wi-Fi provides a host of other benefits including access to unlimited streaming, 20+ OTT services and over 350+ TV channels, a press release said.
  • iPhone exports from India hit record high in April-June quarter

    In FY24, the Cupertino-based tech giant achieved record sales driven by increased manufacturing and a rising premiumisation trend.
  • LIC stock reaches new high of Rs 1,178.60

    LIC's shares have surged nearly 80% in the past year, driven by strong operational performance and positive investor sentiment for PSU stocks.
  • Rupee rebounds, rises 9 paise to 83.69/USD in early trade

    Forex traders noted that foreign fund outflows from Indian equities, triggered by the government's capital gains tax hike, pressured the local currency and limited its gains.
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