Stock Market Live Updates: BSE Sensex opens over 300 points up; Nifty50 crosses 23,500; crude oil prices still elevated, all eyes on Trump-Xi meet

Stock Market Live Updates: BSE Sensex opens over 300 points up; Nifty50 crosses 23,500; crude oil prices still elevated, all eyes on Trump-Xi meet

“Indian equity markets are expected to open on a positive note, with Gift Nifty trading at 23,545, up by 125 points. Global equities advanced following a largely upbeat session on Wall Street, as investors overlooked elevated PPI data and continued buying in technology and communication stocks. Market participants are also closely watching developments around the…

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Sensex, Nifty open in green for 2nd straight day, extend recovery after PM's austerity call hit

Sensex, Nifty open in green for 2nd straight day, extend recovery after PM’s austerity call hit

Indian benchmark indices opened higher on Thursday, extending a mild rebound from the previous session amid cautious optimism in global markets despite persistent concerns over rising crude oil prices, foreign capital outflows and geopolitical tensions in the Middle East. The BSE Sensex opened at 74,989.84, gaining 380.86 points or 0.51 per cent in early trade….

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Govt clears ₹37,500 crore coal gasification scheme

Govt clears ₹37,500 crore coal gasification scheme

The Union cabinet on Wednesday approved a ₹37,500 crore coal gasification scheme that aims to convert India’s vast coal and lignite reserves into synthesis gas for use as fuel and in the manufacture of fertilisers, chemicals and other products — cutting the country’s dependence on costly energy imports. The Gevra mines in Chhattisgarh, Asia’s largest…

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Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak

Asian markets mixed today: AI rally cools, Hang Seng gains 174 points while Kospi steadies after record peak

Asian equities traded mixed on Thursday as the AI and tech rally began to lose steam. At the same time, traders have remained cautioned amid the intensifying conflict in the Middle East. In Hong Kong, Hang Seng Index inched 174 points to 26,563 while Japan’s Nikkei remained steady, inching 0.66% higher to 63,539. South Korea’s…

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India bans sugar exports till September amid supply concerns; exemptions for EU, US quotas

India bans sugar exports till September amid supply concerns; exemptions for EU, US quotas

The Centre on Wednesday prohibited sugar exports with immediate effect till September 30 or until further orders, as the government moved to curb domestic prices and ensure adequate local availability amid concerns over lower production.In a notification issued by the Directorate General of Foreign Trade (DGFT), the government amended the export policy for sugar under…

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Govt: Capex, developmental spending, subsidies to go on as planned

Govt: Capex, developmental spending, subsidies to go on as planned

NEW DELHI: Govt Wednesday said it is going ahead with planned capital expenditure, developmental spend and subsidy payments, and no budget cuts were planned. Days after PM Narendra Modi’s calls for reducing non-essential spends such as overseas weddings, fuel consumption and fertiliser use, officials argued there was no plan for “austerity”, which usually suggests budget…

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