Month: May 2019

PNB shares continue to fall; tank over 5%

New Delhi ; Shares of Punjab National Bank fell by over 5 per cent Wednesday, its second day of fall, even as the lender narrowed its loss to Rs 4,750 crore during the fourth quarter of fiscal ended March 2019. The scrip dropped 4.99 per cent to close at […]

Sensex sheds 248 pts; banking stocks drag

Mumbai :  Snapping its three-day rising streak, the BSE Sensex dropped 248 points Wednesday led by losses in banking, metal and auto stocks amid weak cues from global markets. After slumping over 300 points, the 30-share index ended 247.68 points, or 0.62 per cent, lower at 39,502.05. The gauge […]

Rupee rises 12 paise to 69.71 vs USD in early trade

Mumbai : The rupee appreciated by 12 paise to 69.71 against the US dollar in opening trade Thursday, driven by positive opening in domestic equities and weakening of the greenback in overseas markets. The rupee opened strong at 69.76 at the interbank forex market then gained further ground to […]

Sensex, Nifty start on a positive note ahead of F&O expiry

Mumbai : Domestic equity benchmarks opened on a positive note Thursday led by gains in index heavyweights TCS, RIL and ITC, ahead of the expiry of May derivatives contracts. After rising over 100 points in opening session, the BSE Sensex was trading 94 points, or 0.24 per cent, higher […]

Australian jailed to 10 years over British backpacker rape

Sydney : An Australian man who kidnapped and repeatedly raped a British backpacker during a month-long ordeal in the country’s Outback has been jailed for 10 years. Marcus Allyn Keith Martin, 25, had pleaded guilty in the District Court of Cairns, in the far north of Queensland state, to […]

Sri Lanka signs port deal with India, Japan

Colombo : Sri Lanka has signed a deal with India and Japan to develop a deep-sea container terminal here amid increasing forays by China which has taken a strategic port on a 99-year lease that has worried New Delhi. The three countries will jointly build the East Container Terminal […]

US removes India from its currency monitoring list

Washington : The US on Tuesday removed India from its currency monitoring list of major trading partners, citing steps being taken by New Delhi which addressed some of the Trump administration’s major concerns. For the first time, the US placed India in its currency monitoring list of countries in […]

Gas project critic Marape elected Papua New Guinea PM

Port Moresby :  Papua New Guinea lawmakers overwhelmingly elected James Marape as prime minister on Thursday — a former finance minister who resigned in protest against a massive ExxonMobil and Total gas project. Marape won the landslide backing of members of parliament after weeks of political manoeuvring that saw […]

Pak extends closure of airspace along India till border till June 15

Islamabad :Pakistan has further extended the closure of its airspace along its eastern border with India until June 15, according to the country’s civil aviation authority. Pakistan fully closed its airspace in February after an Indian Air Force strike on a Jaish-e-Mohammed (JeM) terror camp in Balakot. The […]

Jagan Reddy to be sworn-in AP CM Thursday

Amaravati (AP) :  YSR Congress chief Yeduguri Sandinti Jaganmohan Reddy will be sworn-in Thursday as the second Chief Minister of Andhra Pradesh post its bifurcation. Governor E S L Narasimhan will administer the oath of office and secrecy at 12.23 pm in a grand public function at the IGMC […]

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