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Markets retreat from record highs; Sensex falls 216 pts

Equity benchmarks Sensex and Nifty pared early gains to close lower on Monday as investors offloaded telecom, power and utility stocks amid a bearish trend in global markets and profit booking.......

Ukraine situation, crude prices posing challenge to financial stability: Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday said the Russia-Ukraine crisis and the ensuing jump in global crude prices are a challenge to financial stability in India. Photograph: Manvender......

Govt may cut excise duty on petrol, diesel soon

India is the second largest buyer of Iranian crude, after China. The government might decide to cut the excise duty on petrol and diesel but only after further stabilisation in the goods and......

Rupee weakens further to 66.89, down 8 paise

Lacklustre domestic equities alongside ongoing FCNR redemptions added pressure on the local currency Falling for the second-straight session, the rupee, on Friday, depreciated by 8 paise to end at......

Will stock markets remain bullish in 2015?

It will be difficult for the Indian equity to outperform overall growth to the extent bullish observers expect, explains Jaimini Bhagwati. The World Bank has reduced its projection for global......

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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