Thursday, 12 March 2020

Franchises Invited For IPL Governing Council Meeting: Report

The fate of the upcoming season of the Indian Premier League amid the coronavirus pandemic will be decided in the governing council meeting.

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Government May Dip Into Record Forex Reserves To Fight Coronavirus

The Reserve Bank of India wants to keep the rupee stable, and will continue using long-term repurchase operations and other liquidity tools, an official said.

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World's Richest 500 Lost $331 Billion In A Day In Record Market Dive

The world's 500 richest people collectively lost $331 billion on Thursday, the biggest one-day drop in the eight-year history of the Bloomberg Billionaires Index.

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Three Signs That The Battered Rupee Is In For More Pain

Expected swings in the rupee near term are also signaling potential for more declines.

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Sensex, Nifty Trim Losses As Markets Resume Trading After 45-Minute Halt

Amid another day of mayhem in the domestic markets, the S&P BSE Sensex index recovered2,057.54 points from its day's lowest level of 29,388.97 to touch 31,446.51, trimming losses as the trading...

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Rupee Hits Record Low Of 74.50 Against Dollar Amid Coronavirus Scare

Traders expect the central bank to step in to prevent further sharp falls in the currency but don't see it protecting the rupee at any particular level.

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Australian Cricketer Tested For Coronavirus After Reporting Illness

Kane Richardson, who returned from South Africa with the ODI squad this week, was isolated and tested as a precaution after developing a mild sore throat.

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Trading Halted For 45 Minutes, Sensex Down 3,091 Points; Nifty below 9,000

In yet another day of mayhem in the domestic markets, trading was halted for 45 minutes shortly after the opening on Friday as the benchmark indices nosedived 10 per cent each, triggering the circuit...

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The mighty bull market falls victim to a tiny virus

The longest bull run in U.S. history is officially over after nearly 11 years

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Crude Oil Falls For Third Straight Day, Set For Worst Week Since 1991

Oil prices were also impacted by record declines in equity markets with Japan's Nikkei 225 falling by 10 per cent on Friday after US markets fell by the most since Black Monday in 1987 on Thursday.

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US Markets Fall 10%, Worst Day Since 1987 Amid Coronavirus Fear

A 16-day drop of almost 27% in the S&P 500 has left portfolios in tatters. The suspension of professional sports games, cancelled conventions and half-empty restaurants has raised fears - not about...

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Global Markets Suffer Record Meltdown As Global Coronavirus Alarm Grows

Travellers in Europe rushed to board flights to the United States after US President Donald Trump imposed sweeping restrictions on travel from the continent, a decision that angered leaders there.

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Sensex, Nifty Set For Another Day Of Mayhem Amid Coronavirus Fear

On Thursday, the S&P BSE Sensex index had declined 2,919.26 points - 8.18 per cent - to end at 9,590.15, and the broader NSE Nifty benchmark fallen 868.25 points - or 8.30 per cent - to settle at...

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