Latest News

Stock markets decline in early trade; Sensex down 300 points

Mumbai, Aug 14 (PTI) Market benchmark indices Sensex and Nifty declined in early trade on Friday as the prolonged US-Iran impasse weighed heavily on investors’ sentiment. The 30-share BSE Sensex was down 298.75 points to 77,760.21 in early trade. The 50-share NSE Nifty declined 74.20 points to 24,321.90. From the Sensex pack, Tata Steel, Axis Bank, InterGlobe Aviation, Tech Mahindra, Power Grid and ITC were among the major laggards. Eternal, Titan, Adani Ports and Bajaj Finance were among the winners. Brent crude, the global oil benchmark, traded 0.06 per cent higher at USD 87.12 per barrel. The unresolved US-Iran standoff

Rupee gains 2 paise to 95.43 against US dollar in early trade

Mumbai, Aug 14 (PTI) The rupee gained 2 paise to 95.43 against the US dollar in early trade on Friday, backed by a weaker greenback overseas. The Indian currency, however, remained under pressure due to the withdrawal of foreign funds from domestic equities and rising crude oil prices amid geopolitical uncertainties, forex traders said. At the interbank foreign exchange market, the rupee opened at 95.39 and later slipped to trade at 95.43 against the American currency in early deals, up marginally by 2 paise from its previous closing level. On Thursday, the rupee closed 12 paise lower at 95.45 against

Rahul Gandhi calls RSS-BJP ‘bunch of jokers’, scoffs at PM’s foreign policy ‘based on hugs’

New Delhi, Aug 13 (PTI) Congress leader Rahul Gandhi on Thursday referred to the BJP-RSS as a “bunch of jokers” who have no understanding of India and scoffed at Prime Minister Narendra Modi’s handling of foreign policy which he claimed was all about hugging leaders. Addressing the Rachnatmak Congress National Convention here, the Leader of Opposition in Lok Sabha also claimed that the RSS as an original force is dead and has now become an “instrument of large capital — Mr Adani and Mr Ambani”. Talking about the media toeing government’s line on various issues, he said he understands their

Turkey lays out plans for defence pact with Pakistan and Saudi Arabia

ANKARA, Aug 13 (Reuters) – Turkey, Saudi Arabia and Pakistan will group senior ministers, hold ‌joint exercises and deepen defence industry cooperation under a military pact signed between the regional powers last week, Turkey’s defence ministry said on Thursday. The three Sunni Muslim U.S. allies, alarmed by ​a regional conflagration that has brought Iranian missile fire onto Gulf ​oil exporters, signed the “Mecca Joint Defence Agreement” on August 7. They ⁠said the accord stipulates that an armed attack against any member would be ​regarded as an attack on all, similar to NATO’s Article 5 collective defence clause. Make sense of

1 … 19 20 21 22 23 … 1,686