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Of 135 mills that began crushing in state a month ago, two have stopped work citing lack of availability of cane and workers.Barely a month after the commencement of crushing operations in the state, a couple of cooperative sugar…
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Early in the Asian trading session, MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.39%, its weakest performance since Dec. 4.Asian shares slipped on the last trading day of the decade, echoing falls on Wall Street,…
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Brent has gained about 24% in 2019 and WTI has risen roughly 36% for the year.Oil prices edged lower on the final day of the year on Tuesday, but were on track for their biggest annual rise since 2016, supported by a thaw in U.S.-China…
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Little is known about the digital yuan except that it’s been in the works for five years and Beijing is nearly ready to roll.So is China readying its own Bitcoin? Banish the thought.It’s far bigger than that. Yes, just like any other…
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In a separate order, Sebi levied a fine of Rs 5 lakh on Satco Capital Markets Ltd for misusing the clients’ funds on several instances.Markets regulator Sebi on Monday levied a fine of Rs 5 lakh on India Advantage Securities Ltd for…
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Near-term supply surplus to remain despite incremental production cut by OPEC+ cartel IEA estimates global oil inventories to increase by 0.7 mn b/d in Q1CY20 notwithstanding reduction in supplies by the OPEC+ cartel.We expect crude oil…
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The 30-share BSE index was trading 22.11 points or 0.053 per cent lower at 41,553.03, and the broader NSE Nifty fell 4.40 points or 0.036 per cent to 12,241.40.Equity benchmark Sensex gave away early gains after jumping over 100 points…
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The RBI received 285 bids to purchase 6.45 per cent-2029 security but accepted only 151 bids.In the second special open market operation (OMO), the Reserve Bank of India on Monday bought Rs 10,000 crore of long-term government securities…
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From the stock markets perspective, 2019 is a year that most investors would like to forget. The year started with a lot of hopes, it is an election year, but most of those hopes were dashed after an uninspiring budget and subsequently,…
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In the previous session, the 30-share gauge ended 411.38 points, or 1 per cent, higher at 41,575.14.Benchmark equity indices settled the intraday trade on a mixed note tracking fall in banking and IT stocks in Monday’s choppy session.…
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