Stock market update: 28 stocks hit 52-week lows on NSE
Benchmark index NSE Nifty was trading 48.15 points up at 12230.65, while the BSE Sensex was trading 149.40 points up at 41455.42. – Stocks-Markets-Economic Times
Month: January 2020
TRAI’s new tariff framework: More channels at lesser price
After examining various provisions, TRAI has also reduced the maximum NCF charge to ₹130 (excluding taxes) for 200 channels. – The Hindu – Industry
The Year Indian Tycoons Faced Bankruptcies, Jail And Worse
Indian banks wrote off a record $39 billion of loans in the 18 months through September in a bid to repair their balance sheets as they battled the world’s worst … Read More
Tokyo prosecutors raid residence of former Nissan boss Ghosn – NHK
Tokyo prosecutors on Thursday raided the residence of former Nissan Motor Co Ltd chairman Carlos Ghosn, Japanese public broadcaster NHK said. – Reuters: Money News
Gold prices rise slightly on soft dollar
Gold prices edged higher on Thursday as the dollar hovered near a six-month low hit on New Year’s Eve amid bets U.S. economic outperformance could be coming to an end. … Read More
Oil rises supported by U.S.-China trade optimism, Middle East tensions
Oil prices kicked off the new year higher on Thursday as warming trade relations between the United States and China eased demand concerns, while rising tensions in the Middle East … Read More
India’s December factory activity picks up to seven-month high but business optimism weakens
India’s factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted companies to ramp up production, a private business survey showed … Read More
Treasury’s Mnuchin to head U.S. delegation to Davos conclave
U.S. Treasury Secretary Steven Mnuchin will lead a group of U.S. officials who will attend the World Economic Forum later this month in Davos, Switzerland, the White House said Wednesday. … Read More
Indian shares track Asian markets higher, metal stocks shine
Indian shares rose on Thursday, in line with Asian markets, as investors cheered Beijing’s monetary policy easing decision and upbeat cues on the Sino-U.S. trade deal front. – Reuters: … Read More
Dollar off to a flat start for 2020 as others find the fizz
The dollar started the new year where it left the old one, on the back foot as investors wagered U.S. economic outperformance might be drawing to a close as optimism … Read More