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41 seconds ago
Moody's upgrade cheers equities, but weekly gains muted

Mumbai, Nov 18 (IANS) Riding on a sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's and bargain hunting by investors, the key Indian equity indices closed Friday's trade on a higher note. However, on a week-on-week comparison, the overall sentiment in the markets remained flat on the back of weak domestic macro-data, along with geo-political te...

11 hours ago
Punjab, Haryana procure 238 lakh tonne paddy

Chandigarh, Nov 17 (IANS) Agrarian states Punjab and Haryana have procured over 238 lakh tonnes of paddy so far, Food and Supplies Department officials said here on Friday. Punjab has procured over 171.35 lakh tonnes and Haryana over 66.73 lakh tonnes, heading towards a record paddy procurement this season. Government agencies have procured 98.5 per cent of the paddy arriving in ...

13 hours ago
Moody's upgrades India's sovereign rating, boosts sentiments

New Delhi, Nov 17 (IANS) Boosting investor sentiments, US credit rating agency Moody's on Friday upgraded India's sovereign rating to Baa2 from its lowest investment grade of Baa3 after 13 years, a development Finance Minister Arun Jaitley said was an extremely encouraging global recognition of the structural reforms of last three years. India Inc too lauded it. Maintaining that the upgr...

13 hours ago
Moody's upgrade, inflow of funds lift equity indices

Mumbai, Nov 17 (IANS) Key Indian equity indices on Friday closed in the green for the second consecutive session riding on a sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's. According to market observers, the upward rally of the benchmark indices was supported by an inflow of foreign funds and healthy uptake in bank, metal and consumer durabl...

13 hours ago
Government's good work led to Moody's upgradation: India Inc

New Delhi, Nov 17 (IANS) Echoing the government's views, Indian industry on Friday said Moody's sovereign rating upgrade was in sync with the various government reform measures over the last three-to-four years. Moody's upgrade of India's rating is a reaffirmation of the various reform measures undertaken by the government over the last three-to-four years and we welcome this move, said ...

14 hours ago
Now book Uber from your laptop in India

New Delhi, Nov 17 (IANS) Global ride-hailing platform Uber on Friday launched a light web-based version of Uber -- m.uber.com -- in India that will help people book their rides from computers or tablets. So if you are at a place with no access to smartphone, you can book your Uber from your laptop. The lighter web-version became available in India from Friday. As part of our effo...

14 hours ago
Moody's upgrade lifts equities, bank stocks zoom

Mumbai, Nov 17 (IANS) A sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's lifted the key Indian equity indices on Friday. The key indices maintained their upward trajectory, supported by broadly positive global markets and healthy uptake in bank, metal and consumer durables' counters. However, profit booking brought down the exponential...

15 hours ago
Reliance General Insurance inks bancassurance pact with YES Bank

Mumbai Nov 17 (IANS) Reliance General Insurance Company Ltd on Friday said it has signed a comprehensive Bancassurance agreement with YES Bank to distribute its various products. In a statement issued here, Reliance General - a subsidiary of Reliance Capital Ltd - said the bancassurance agreement - corporate agency agreement - has been inked to distribute insurance products to the bank's...

15 hours ago
Sensex, Nifty touch new highs as Moody's upgrade buoys sentiments

Mumbai, Nov 17 (IANS) A sovereign ratings upgrade of the Indian government's bonds by US credit rating agency Moody's lifted the key Indian equity indices to their new intra-day record highs on Friday. The two indices -- S&P BSE Sensex and NSE Nifty50 -- gained over 400 points and 120 points, respectively, after the ratings upgrade. The key indices maintained their upward tra...

16 hours ago
Sensex, Nifty touch new highs as Moody's upgrade buoys sentiments

Mumbai, Nov 17 (IANS) A sovereign ratings upgrade of the Indian government's bonds and of some domestic industry majors from US credit rating agency Moody's on Friday lifted the key Indian equity indices to their new intra-day record highs. The two indices -- S&P BSE Sensex and NSE Nifty50 -- gained over 300 points each after the ratings upgrade. Even during the late-afternoo...

16 hours ago
Government's good work led to Moody's upgradation: India Inc

New Delhi, Nov 17 (IANS) Echoing the government's views, Indian industry said on Friday Moody's sovereign rating upgrade was in sync with the various government reform measures over the last three to four years. Moody's upgrade of India's rating is a reaffirmation of the various reform measures undertaken by the government over the last three to four years and we welcome this move, said...

17 hours ago
Sensex, Nifty touch record intra-day highs as Moody's upgrades India's sovereign ratings

Mumbai, Nov 17 (IANS) A sovereign ratings upgrade from US credit rating agency Moody's on Friday lifted the key Indian equity indices to their new intra-day record highs. The two indices -- S&P BSE Sensex and NSE Nifty50 -- gained over 300 points each after the ratings upgrade. Even during the mid-afternoon trade session, both the indices maintained their upward trajectory su...

18 hours ago
Exotic Indonesian birds found in drain pipes

Jakarta, Nov 17 (IANS) A wildlife raid in Indonesia led to 125 exotic birds stuffed into drain pipes sealed by wire and ready to be smuggled, authorities said. The birds comprised 84 eclectus parrots and 41 endangered white cockatoos, reports the BBC. Separate raids were conducted in parts of eastern Indonesia, leading to the arrest of four men. If found guilty, they can be jaile...

18 hours ago
Scale-up action to meet Paris climate goals: UN

Bonn, Nov 17 (IANS) The Asia-Pacific economies account for more than 50 per cent of global emissions. And if the nations maintain discharges as usual, rising seas could affect 1.4 billion people by 2060, climate experts said on Friday. For this, the countries need to scale up regional action to meet global goals. Countries from Asia and the Pacific, Europe and the Middle East met on the ...

1 day ago
India to export surplus of 'all types of pulses'

New Delhi, Nov 16 (IANS) India will now export surplus of all types of pulses to ensure that farmers receive competitive remuneration for their produce. The decision comes after the union government on Thursday removed the prohibition on export of all types of pulses which was imposed due to country's import dependence for the protein-rich food item. However, healthy production a...

1 day ago
Bargain hunting, PSU banks stocks lift equity indices

Mumbai, Nov 16 (IANS) Key Indian equity indices on Thursday broke their three-day losing streak and closed in the positive territory -- with the BSE Sensex surging over 300 points -- due to healthy buying in banking, IT and metal stocks. According to market observers, bargain hunting by investors after the recent correction in the markets lifted the equity indices higher. On a cl...

1 day ago
Cabinet allows export of all varieties of pulses

New Delhi, Nov 16 (IANS) The Cabinet Committee on Economic Affairs on Thursday gave its approval for removing prohibition on export of all types of pulses to give the farmers greater choice in marketing their produce for improved incomes. The CCEA (Cabinet Committee on Economic Affairs) has approved the removal of prohibition on export of all types of pulses, Law Minister Ravi Shankar Pr...

1 day ago
Equity indices trade with gains; banks, auto stocks lift sentiments

Mumbai, Nov 16 (IANS) Snapping a three-day losing streak, key Indian equity indices on Thursday traded in the green, with the BSE Sensex surging almost 300 points during the mid-afternoon session. According to market observers, healthy buying in banking, automobile and IT stocks pushed the equity indices higher despite weak Asian cues. At 12.50 p.m., the wider Nifty50 of the Nati...

1 day ago
Key Indian equity market indices open higher

Mumbai, Nov 16 (IANS) Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 32,760.44 points on Wednesday, opened higher at 32,829.82 points. Minutes into trading, it was quoting at 32,921.74 points, up by 161.30 points, or 0.49 per cent. At the National Stock Exchange...

2 days ago
Naqvi inaugurates 'Hunar Haat' in Delhi

New Delhi, Nov 15 (IANS) Union Minority Affairs Minister Mukhtar Abbas Naqvi on Wednesday inaugurated the Hunar Haat, organised by the Ministry of Minority Affairs (MoMA), at the India International Trade Fair (IITF) at Pragati Maidan here. The Hunar Haat is a platform provided by the ministry to artisans and craftsmen belonging to minority communities to display and sell their wares. It...

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