Shares of Adani Group companies traded in a positive stance on Tuesday, rising up to 3.5 per cent in early trade after the US Department of Justice permanently dropped all…
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India bonds poised for muted opening moves as oil, Treasury yields still high
Indian government bonds are expected to barely move in early trades on Tuesday, as oil prices and Treasury yields remain elevated, even as they did not add to their gains.…
IT stocks lead Nifty, Sensex higher as geopolitical fears ease
Markets opened in the green on Tuesday, May 19, with the Sensex and Nifty rising on the back of a sharp rally in information technology stocks and easing geopolitical concerns…
Rupee falls 18 paise to 96.38 against US dollar in early trade
The rupee opened with a negative bias amid a strong dollar and rising US treasury yields and depreciated 18 paise to 96.38 against the US dollar as market sentiments continue…
Nayara Energy restarts operations after maintenance shutdown
Nayara Energy has resumed operations at its 400,000 barrels-per-day Vadinar refinery after a maintenance shutdown, two sources with knowledge of the matter said. * The refinery resumed operations last week…
Apollo Tyres bets ₹3,500 crore on expansion as rubber spike and Dutch plant closure test margins
is pressing ahead with a ₹3,500-crore expansion plan even as surging rubber prices and the closure of its last manufacturing plant in threaten to squeeze margins after the company delivered…
The mounting stress in the unorganized sector, explained in 5 charts
For decades, India’s unorganized sector has remained a mainstay of employment in the economy, even as its share of economic output has declined. Large companies and factories have failed to…
‘Replacing lower-value human capital’: Standard Chartered plans over 7,800 job cuts by 2030 amid AI, profitability push
London-headquartered bank has announced plans to cut more than 15% job roles by 2030 as it scales usage of artificial intelligence (AI) to streamline processes, Bloomberg has reported. The are…
BPCL, HPCL, Adani Total, other oil and gas stocks gain after crude oil prices ease
Oil and gas shares rose on Tuesday, 19 May, following indications of reduced tensions between the US and Iran, which lifted optimism for stability in global crude supply and a…