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Home  Business

Business

Markets fall in early trade on weak global trends, foreign fund outflows

Markets fall in early trade on weak global trends, foreign fund outflows

  • Rupee falls 5 paise to 82.72 against US dollar

    Sustained foreign fund outflows, strength of the American currency in the overseas market further dented sentiments, forex traders said.
  • Imposition GST on deposits could potentially eliminate 80% of online gaming industry

    They assert that the majority of the casualties will be concentrated in MSMEs and startups that host new-age business models.
  • Rupee sees steepest fall in nearly six months; settles at 82.67 against US dollar

    This was the biggest single-day fall for rupee in nearly six months. The Indian currency had witnessed the steepest intra-day fall of 68 paise on February 6
  • 28 per cent GST on online gaming stays; to be reviewed after 6 months of roll-out

    GST Council on Wednesday decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at entry level
  • Reliance surges 16 places, ranks 88 on Fortune Global 500 list

    Reliance Industries has maintained its highest ranking among Indian corporates in the latest Fortune Global 500 list, jumping 16 places to rank at number 88.
  • Fortune Global 500 list: Reliance Industries jumps 16 places, ranks 88

    India had eight companies in the Fortunes Global 500 list this year five of them from the public sector IOCL, LIC, ONGC, BPCL and SBI and just three from the private sector
  • Adani Wilmar reports Rs 79 cr loss in April-June quarter due to fall in edible oil prices

    Edible oil major Adani Wilmar had posted a net profit of Rs 194 crore in the year-ago period
  • Indian stocks dip sharply on weak global market cues

    Almost a fortnight ago, Indian stock indices had touched their fresh highs and in the process, the benchmark Sensex topped the 67,000 mark for the first time.
  • Lava Unveils new smartphone with glass back finish, 5,000 mAh battery

    According to a statement from the company, the 'Yuva 2' smartphone, priced at Rs 6,999, will be available across Lava's retail network starting Wednesday.
  • Rupee falls 19 paise to 82.41 against US dollar

    Forex traders said the rupee is trading lower on strong dollar and foreign fund outflows over the past few days.
  • DGCA clears IndiGo’s flights to Almaty from Sep 5

    The country's largest airline by domestic market share has embarked on an ambitious international expansion
  • Hyundai Motor India’s July sales up over 4 pc at 66,701 units

    Hyundai Motor India presently operates with a network of 1,340 sales points and 1,502 service points across India.
  • ISMA demands Centre to increase price of ethanol to Rs 69.85 per litre

    The government has fixed the price of ethanol extracted from sugarcane juice or syrup at Rs 65.60 per litre for the supply year beginning December 2022
  • 10 people declared fugitive economic offenders since 2018: Govt

    Ten people, including liquor baron Vijay Mallya and diamond merchant Nirav Modi, have been declared as fugitive economic offenders
  • GST Council meet on Wednesday to finalise modalities for taxing online gaming, casinos

    GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in online gaming
  • Hiring for white collar jobs in India falls 19 pc in July: Report

    The IT industry hiring continued to remain an area of concern, with a 46 per cent decline in new jobs created compared to July last year
  • Billionaire Jack Ma invests in fishery and agriculture startup

    Alibaba founder Jack Ma has invested in a fishery and agriculture startup in China, the media reported on Tuesday
  • AI tool GPT-3 found to reason as well as undergraduate students

    GPT-3, the popular AI-powered tool, was found to reason as well as college undergraduate students, scientists have found
  • Online gamers from small towns seek withdrawal of ‘punitive’ 28 per cent GST

    Hundreds of gamers from small towns and cities are getting together, taking to the streets, to appeal to the government for the withdrawal of the 28 per cent GST
  • India manufacturing sector maintains growth momentum at start of third quarter

    According to S&P Global's India Manufacturing Purchasing Managers' Index, it marginally fell from 57.8 in June to 57.7 in July
  • GST collections for July rise 2 per cent to Rs 1,65,105 crore

    The gross GST revenue for July rose by a meagre 2 per cent to Rs 1,65,105 crore as against Rs 1,61,497 crore collected in June
  • BYJU’S sends legal notice to Aakash founders demanding share transfer

    The deal envisaged AESL merging with TLPL as it was more tax efficient for the seller Chaudhrys
  • Hero MotoCorp shares drop 3%, market value down Rs 2,007 Cr

    Shares of Hero MotoCorp fell by more than 3 per cent amid reports that the ED conducted searches against the company's executive chairperson Pawan Kant Munjal.
  • Hero Motocorp confirms visit by ED officials at its offices, Pawan Munjal’s residence

    Officials from the Enforcement Directorate today visited two of our offices in Delhi and Gurugram and the residence of our Executive Chairman Dr Pawan Munjal, said Hero Motocorp in a filing
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