Stock Market Today Live Updates: Dalal Street slips in red; BSE Sensex down over 670 points, NSE Nifty50 below 24,200

Stock market today: Dalal Street tumbles in opening trade; Sensex falls over 500 points, Nifty50 below 24,250 Stock market began the session in red, with both benchmarks plunging 0.5% in opening trade. NSE Nifty 50 was trading at 24,211.15, down 120.45 points (0.49%), while BSE Sensex slipped 470.48 points (0.60%) to 77,680.97. The fall comes…

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Gold, Silver Rate Today Live Updates: International gold slips as Middle East tensions push crude higher

Gold, silver price today: Analysts expect bullion to remain under pressure Market experts believe gold and silver could continue facing headwinds in the near term as investors assess multiple global developments simultaneously. Apart from the escalating conflict in West Asia, traders will also monitor crude oil prices, US weekly jobless claims, flash PMI readings, monetary…

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Private bank chiefs temper NRI deposit mop-up expectations; Top lenders stay cautious, say several factors affect inflows

MUMBAI: Top private bank chiefs are taking a cautious view of RBI’s FCNR(B) deposit window, with lenders saying tax rules, overseas liquidity conditions and regulatory constraints could limit inflows below initial estimates.HDFC Bank MD & CEO Sashidhar Jagdishan said potential inflows under the scheme may be lower than initially expected because tax rules make the…

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PNB targets $2.5bn via FCNR(B)

Punjab National Bank (File photo) NEW DELHI: State-run Punjab National bank, the second largest public sector lender, is targeting a mop up of $2.5 billion from Foreign Currency Non-Resident Bank deposits and has raked in $425 million so far.“We are getting major traction from the UK, Dubai and GIFT City. The demand is quite good,”…

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More brands in store, but price cuts may lag

MUMBAI: For local consumers, the India-UK Comprehensive Economic and Trade Agreement (CETA) means more choices on retail shelves as new British brands are expected to enter the market. In fact, initial queries and conversations have already started.But the deal may not immediately translate into steep price cuts for shoppers across the board-the depreciation of rupee…

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Apple raises subscription prices in India

NEW DELHI: Apple has increased subscription prices for Apple Music and Apple One in India. The price hike comes just days after AppleCare+ plans for Macs and iPads became costlier.The Apple Music Individual plan now costs Rs 139 per month, up from Rs 119 earlier, while the family plan has been increased to Rs 229…

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Government may seek Parliamentary nod for additional spending | India News

NEW DELHI: With the fertiliser subsidy, other West Asia related spends and initiatives, such as the electronics manufacturing push through schemes for semiconductors and mobiles adding to the Centre’s expenditure, finance minister Nirmala Sitharaman may seek Parliamentary approval for additional spending, without losing sight of the overall fiscal situation.The discussion around the need for Parliamentary…

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Top-5 valued firms add Rs 1.54 lakh crore in market cap; TCS emerges biggest gainer

NEW DELHI: Five of India’s 10 most-valued companies collectively added Rs 1.54 lakh crore to their market capitalisation last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer after strong quarterly earnings helped lift investor sentiment amid a positive run in domestic equities.The gains came as the benchmark BSE Sensex advanced 582.06 points…

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