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Italy opens probe into operator of collapsed bridge, investors dump shares

5 days ago
By Ilaria Polleschi. GENOA, Italy () Italy's government opened an investigation on Thursday into. the country's biggest tollroad operator, hours after saying it could face a heavy fine or lose its concession over a bridge collapse that killed ... ...

US tariffs to stay on Turkey, Qatar offers Ankara aid

6 days ago
By Daren Butler, Humeyra Pamuk and Jeff Mason. ISTANBUL/WASHINGTON () The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged  ... ...

Qatar to aid Turkey, currency rallies but US says tariffs to stay

6 days ago
By Daren Butler, Humeyra Pamuk and Jeff Mason. ISTANBUL/WASHINGTON () The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey even if Ankara frees a U.S. pastor, as Qatar pledged  ... ...

Fraudhit lender PNB plots revival after second straight quarterly loss

2 weeks ago
By Devidutta Tripathy and Chris Thomas. BENGALURU/NEW DELHI () India's Punjab National Bank reported a second straight quarterly loss on Tuesday as it earmarked more funds to cover a massive fraud, but expects faster bad loan recovery to  ... ...

Sensex, Nifty hit fresh intraday low

3 weeks ago
Key barometers reversed trend and hit fresh intraday low in midmorning trade. At 11:25 IST, the barometer index, the S&P BSE Sensex, was down 43.22 points or 0.11% at 37,563.36. The Nifty 50 index was down 2.60 points or 0.02% at 11,353.90.Marke ... ...

Led by auto stocks equity indices rise; trade war concerns limit gains (Roundup)

2 months ago
Broadly positive global markets along with healthy buying in auto and consumer durable stocks lifted the key Indian equity indices on Friday. Although the indices had opened on a negative note, they bounced back within the first hour of trade. ... ...

Exclusive

2 months ago
By Nidhi Verma. NEW DELHI () India's oil ministry has asked refiners to prepare for a 'drastic reduction or zero' imports of Iranian oil from November, two industry sources said, the first sign that New Delhi is responding to a push by the ... ...

Cement stocks gain

2 months ago
Stocks gyrated in a small range with negative bias in early afternoon trade. At 12:15 IST, the barometer index, the S&P BSE Sensex, was down 63.69 points or 0.18% at 35,625.91. The Nifty 50 index was down 17.60 points or 0.16% at 10,804.25. Cement  ... ...

Weak global cues depress equity indices, auto stocks slump (Roundup)

2 months ago
Broadly negative global markets subdued the key Indian equity indices on Thursday. Indices on both the BSE and the National Stock Exchange (NSE) ended in the red after a largely volatile trade throughout the day. Concerns of a renewed global trade war  ... ...

Dollar soars and Wall Street gains as ECB holds off on rate hikes

2 months ago
By Nick Brown. NEW YORK () The U.S. dollar rose more than a penny against a basket of major currencies as the euro cratered, and U.S. stocks closed higher on Thursday, as the European Central Bank signalled interest rate hikes were a long way  ... ...

Retail inflation accelerates to fourmonth high in May

2 months ago
By Manoj Kumar. NEW DELHI () India's annual retail inflation accelerated to a fourmonth high in May, driven by higher fuel prices and a depreciating rupee, strengthening views that the central bank could raise interest rates again in August. ... ...

CBI probes suspected $90 million loan fraud at IDBI Bank

4 months ago
CBI probes suspected $90 million loan fraud at IDBI IDBI Bank Q3 loss narrows to Rs 1,524cr even as bad loans soar PSU banks gain as FM says banks ready to support growth Capital infusion credit positive for PSBs: S&P Public sector banks trade mixed as ... ...

Facebook's rise in profits, users shows resilience after scandals

4 months ago
Facebook beats Wall Street's revenue estimates, shares rise Twitter trounces estimates as growth moves overseas Facebook shares rebound after optimism about ad revenue Facebook forecasts rising ad sales despite dip in usage Snap shares soar as user ... ...

China posts strong Q1 growth as robust consumer demand buffers trade worries

4 months ago
China posts strong Q1 growth, hearty consumer demand buffers trade worries for now China's factory inflation slowest in 13 months as war on pollution steps up China's service sector grows at fastest pace in nearly six years in January Caixin PMI Euro ... ...

Market gains for eight day ahead of IMD monsoon forecast

4 months ago
Wipro Ltd up for a third straight session Wipro Ltd gained for a fifth straight session today Reliance Industries Ltd is up for a fifth straight session today Reliance Industries Ltd up for a fifth straight session Sensex soars 248.28pts; Nifty above ... ...

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