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India's export growth plunges to 0.8% in November; trade deficit shrinks

Saturday,   15-Dec-2018   10:57 (IST)

A high base effect and falling outbound trade of major exchange earners such as gems and jewellery and engineering goods nearly wiped out export growth in November, which came down to a marginal 0.8 per cent.Outbound trade rose by the smallest margin so far in the current financial year to $26.5 billion. Compared to this, growth was recorded at 17.86 per cent in October. Exports contracted just once this year, in September. Despite suggesting that this was because of global trade headwinds, the figure had raised eyebrows among policymakers since the fall had come even as the rupee depreciated ...

Forex reserves marginally up to $393.734 bn

Saturday,   15-Dec-2018   10:44 (IST)

The country's foreign exchange reserves increased by $16.6 million to $393.734 billion in the week to December 7, mainly due to a rise in foreign currency assets, according to the Reserve Bank (RB...

Indices end on a flat note after rangebound trade; Nifty above 10,800

Friday,   14-Dec-2018   03:55 (IST)

Benchmark indices ended positive but remained flat throughout the day with Nifty close just above 10,800 mark.At the end, Sensex was up 33.29 points at 35962.93, while Nifty was up 14 points at 10805....

India's WPI inflation falls to 4.64% in November

Friday,   14-Dec-2018   01:05 (IST)

India's wholesale price index inflation (WPI) dropped to 4.64 percent in November, after rising to a four-month high of 5.28 percent a month earlier. The WPI inflation, defined as the price of a r...

Indices off to a tepid start, Nifty tests 10,750

Friday,   14-Dec-2018   09:45 (IST)

Benchmark indices opened on a tepid note with Nifty50 hovering around 10,750 levels ahead of RBI board meeting. At 9:40 AM, the S&P BSE Sensex was trading at 35,951, up 21 points, while the broade...

Sensex ends 150 pts higher, Nifty below 10,800

Thursday,   13-Dec-2018   04:06 (IST)

Benchmark indices ended the volatile session on positive note on Thursday with Nifty ended below 10,800 level.The Sensex was up 150.57 points or 0.42% at 35929.64, while Nifty was up 53.90 points or 0...

Nifty opens above 10,800, Sensex gains 250 pts

Thursday,   13-Dec-2018   09:27 (IST)

Benchmark indices rallied sharply in opening on Thursday, continuing uptrend for third straight session after retail inflation and IIP data.The Sensex rose 233.07 points to 36,012.14 and the Nifty gai...

Industrial production jumps in Oct, IIP growth at 11-month high of 8.1%

Wednesday,   12-Dec-2018   05:38 (IST)

Industrial output growth shot up in October, rising to an 11-month high of 8.1 per cent as manufacturing growth accelerated and capital goods production rose by the highest margin in the current finan...

Bulls take charge on D-Street as Sensex ends 629 pts higher; Nifty above 10,700

Wednesday,   12-Dec-2018   03:50 (IST)

Bulls took charge right from the word go and consistently traded in the green. But intense buying in the last hour helped the market end on an even stronger note. The Nifty, not only managed to clock ...

Sensex begins over 100 points higher, Nifty above 10,550

Wednesday,   12-Dec-2018   09:27 (IST)

It is a positive start for the market on Wednesday morning, as investors reacted to double news of Shaktikanta Das being appointed RBI governor as well as results to state elections in five states.The...