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Sensex, Nifty rebound nearly 1 pc on value buying, global rally

Mumbai, Jun 16 (PTI) Benchmark stock indices Sensex and Nifty rebounded by nearly 1 per cent on Monday following value buying in IT and oil shares and a rally in global shares amid a drop in Brent crude oil prices. The 30-share BSE Sensex jumped 677.55 points or 0.84 per cent to settle at 81,796.15. During the day, it surged 747.22 points or 0.92 per cent to 81,865.82. The 50-share NSE Nifty climbed 227.90 points or 0.92 per cent to 24,946.50. Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel and

Notification issued for 16th Census

New Delhi, Jun 16 (PTI) The government on Monday issued a notification for conducting India’s 16th census with caste enumeration in 2027, 16 years after the last such exercise in 2011. The census will be carried out with a reference date of October 1, 2026 in snow-bound areas like Ladakh and March 1, 2027 in the rest of the country, the notification said. “The reference date for the said census shall be 00.00 hours of the 1st day of March, 2027, except for the Union territory of Ladakh and snow-bound non-synchronous areas of the Union territory of Jammu and Kashmir

Wholesale price inflation dips to 14-month low of 0.39 pc in May on easing food, fuel prices

New Delhi, Jun 16 (PTI) Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel, and experts said geopolitical tensions could push up prices. WPI-based inflation was 0.85 per cent in April. It was 2.74 per cent in May last year. In a statement, the industry ministry said the inflaton in May is in positive zone primarily due to “increase in prices of manufacture of food products, electricity, other manufacturing, chemicals and chemical products, manufacture of other transport equipment and non-food articles”. According to the WPI data,

Gold futures plunge Rs 532 to Rs 99,744/10 g

New Delhi, Jun 16 (PTI) Gold prices on Monday declined by Rs 532 to Rs 99,744 per 10 grams in futures trade amid muted spot demand. Analysts attributed the fall in gold prices to weak global cues and profit booking at higher level. On the Multi Commodity Exchange, gold contracts for August delivery traded lower by Rs 532 or 0.53 per cent to trade at Rs 99,744 per 10 grams in a business turnover of 16,754 lots. “Gold prices are trading slightly lower on profit-booking, however, the underlying momentum is expected to remain positive as safe-haven bids remain firm amid

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