Finance Ministry imposes expenditure restrictions on  non-essential heads

Finance Ministry imposes expenditure restrictions on non-essential heads

Thursday, 09 April 2020 | PTI | New Delhi

The Finance Ministry on Wednesday imposed spending restrictions on various ministries and departments in view of revenue constraints caused by the COVID-19 crisis.  Few ministries and departments like health and family welfare, pharma, food and public distribution and AYUSH will get funds as per the Budget, while others like fertilizer, post,...

Sensex, Nifty log best single session ever tracking global peers

Sensex, Nifty log best single session ever tracking global peers

Wednesday, 08 April 2020 | PTI | Mumbai

Indian market gauges Sensex and Nifty logged their biggest one-day gains ever in absolute terms on Tuesday, tracking global peers amid signs that the Covid-19 pandemic may be peaking in some of the hard-hit countries. Beginning the holiday-truncated week on a high note, the BSE benchmark Sensex surged 2,476.26 points or...

Lockdown not to impact farmers due to Govt measures: Niti Aayog member

Wednesday, 08 April 2020 | PTI | New Delhi

The Government has taken several measures to safeguard farmers from any adverse impact of the ongoing lockdown, and the farm sector is expected to report a growth of little more than 3 per cent in the just-ended financial year, Niti Aayog member Ramesh Chand said on Tuesday. In an interview with...

Industry: Enough capacity in country to meet hydroxychloroquine demand

Wednesday, 08 April 2020 | PTI | New Delhi

Indian pharma industry on Tuesday said there is enough stock of hydroxychloroquine in the country, and drug firms are ready to ramp up the production to meet domestic as well as export requirements. India has decided to partially lift the ban on the export of anti-malarial drug hydroxychloroquine in sync with...

Investor wealth jumps Rs 7.71 L cr as markets recover

Wednesday, 08 April 2020 | PTI | New Delhi

Investor wealth on Tuesday jumped Rs 7,71,377 crore as markets bounced back after two days of fall, tracking a broad-based rally in global equities. Following rise in equities, the market capitalisation of the BSE-listed firms zoomed Rs 7,71,377.02 crore to Rs 1,16,38,099.98 crore. Equity markets were closed on Monday for ‘Mahavir Jayanti’....

Rs surges 49 paise to end at 75.64 against $ amid stocks rally

Wednesday, 08 April 2020 | PTI | Mumbai

The rupee on Tuesday surged by 49 paise to close at 75.64 against the US dollar, following a rally in stock markets. At the interbank foreign exchange, the rupee opened at 75.92 and gained further ground to touch the day’s high of 75.60. The Indian unit finally settled at 75.64,...

Investor wealth jumps Rs 7.71 lakh cr as markets recover

Investor wealth jumps Rs 7.71 lakh cr as markets recover

Tuesday, 07 April 2020 | PTI | New Delhi

Investor wealth on Tuesday jumped Rs 7,71,377 crore as markets bounced back after two days of fall, tracking a broad-based rally in global equities. The Sensex gained 2,476.26 points to close at 30,067.21 after resuming trading on Tuesday. Following rise in equities, the market capitalisation of the BSE-listed firms zoomed Rs 7,71,377.02...

Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts

Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts

Tuesday, 07 April 2020 | PTI | Mumbai

The BSE gauge Sensex on Tuesday went past the key 30,000-level by surging over 2,476 points, the biggest single-day gains in absolute terms, amid a broad-based rally in global equities. After soaring 2,567 points during the day, the 30-share BSE barometer ended 2,476.26 points or 8.97 per cent higher at 30,067.21....

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