Representative image. | Photo Credit: Getty Images/iStockphoto The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. “…the impugned orders have been passed in valid exercise of such…
Co-Founder and Chairman, ANAROCK, Anuj Puri. File | Photo Credit: Bijoy Ghosh Housing sales rose 9% annually to over 1.01 lakh units in January-March across the top seven cities on a low-base effect but fell 7% from the previous quarter amid global economic uncertainties due to the West Asia conflict, according to Anarock. Sales increased…
Image for representational purposes only. Photo credit: Special arrangement Seeking to improve the quality of their coking coal, state-owned miner Coal India informed it would be setting up eight new coking coal washeries, with a combined washing capacity of 21.5 million tonnes a year, at an estimated capital outlay of ₹3,300 crores. Of the eight…
Gold prices plunged by ₹3,263 or 2 per cent to ₹142,942 per 10 gram on Friday | Photo Credit: REUTERS A surge in geopolitical tensions in West Asia has jolted India’s gold market, triggering sharp price swings and dampening both domestic buying and export demand at a critical juncture for the jewellery trade. Gold prices,…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee plunged to a record low on Friday (March 27, 2026), sliding past the ₹94-per-dollar mark, with mounting worries over the energy crisis sparked by the West Asia war putting the currency on track for its worst fiscal-year drop in more than a decade….
Equity benchmark indices Sensex and Nifty tumbled over 2% on Friday (March 27, 2026) after a two-day rally, in tandem with a weak trend in global peers, as the U.S.-Iran conflict continues to be the crucial overhang for markets, raising doubts about a de-escalation of the war. Crude oil prices staying above the $100 per…
The government will review the special additional excise duty on diesel and ATF. File picture | Photo Credit: Getty Images/iStockphotos CBIC Chairman Vivek Chaturvedi on Friday (March 27, 2026) said the government will review the special additional excise duty or windfall tax on diesel and ATF (Aviation Turbine Fuel) every fortnight. The move to levy…
Gold rose on Friday on bargain-hunting but remained on track for a fourth straight weekly loss, as the US-Israel war with Iran stoked inflation concerns, lifted the dollar and reinforced expectations of higher interest rates. Spot gold rose 1.1 per cent to $4,425.39 per ounce as of 1018 GMT. Gold was set for a weekly…
Offering further respite to commercial entities seeking supplies of liquified petroleum gas (LPG), the Ministry of Petroleum and Natural Gas (MoPNG) Friday (March 27, 2026) called to increase allocation of the hydrocarbon gas to States and Union Territories (UTs) by another 20%. Thus, taking the total allocation of commercial LPG to 70% of the pre-crisis…
Buying and selling are widely considered the Siamese twins in the world of the stock market. People often buy stocks only to sell them for making profit. But then, there was a different set of stocks which were fondly known by investors and financial experts of the time as ‘one-decision’ stocks, that is, buy and…
