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Stock markets close higher in volatile trade ahead of key Fed policy meeting

Benchmark stock indices Sensex and Nifty closed higher in a highly volatile trade on Monday as inve…

PTI   


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5 mins read

Indian markets open in the red tracking Covid-19 concerns in China – Tata Steel, Tata Motors, Zomato and others in focus

Indian markets made a negative opening for the week tracking fresh outbreaks of Covid-19 in China, …

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1 min read

Ukraine's richest man intends to sue Russia for up to $20 billion in damages caused to his steel plants in Mariupol

Rinat Akhmetov is the owner of the Azovstal steel plant in the southern port city of Mariupol, whic…

Huileng Tan   


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2 mins read

Stock markets settle marginally higher on late buying; L&T, RIL advance

Benchmark equity indices Sensex and Nifty eked out marginal gains on Wednesday following late buyin…

PTI   


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Government withdraws export duty on steel

The import duty concessions on Anthracite/PCI coal, coking coal, coke and semi coke and ferronic…

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4 mins read

Investors cheer mega merger of seven metal subsidiaries with Tata Steel even as Sensex tumbles over 1,000 points

Tata Steel today announced the merger of its seven metal subsidiaries with itself. The company’s in…

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Metal stocks have a mixed day after export duty withdrawal – Jindal Stainless, Apollo Tubes, SAIL stocks rise; Tata Steel, JSW Steel drag

Shares of Jindal Stainless, Apollo Tubes and SAIL witnessed a rise on Monday reacting to the withdr…

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1 min read

The price of a steel product used in cars and construction hit an all-time high as Biden marches forward with $579 billion infrastructure plan

Steel prices are up as investors bet that President Joe Biden's infrastructure spending on roads an…

Emily Graffeo   


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1 min read

Metal prices sink after China says it has zero tolerance for the commodity hoarders driving costs higher

China will show "zero tolerance" for monopoly behavior and hoarding to stop surging prices, said a …

Emily Graffeo   


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3 mins read

Tata Steel, SAIL, Jindal Steel shares tumble up to 16% after the export tax shocker

India’s biggest steel makers’ stocks tumbled up to 15% after the government imposed export taxes of…

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2 mins read

Jindal Steel, Vedanta and Tata Steel shed over a quarter of their value as their export dreams are quashed

A little less than half of the export business of all Indian steel companies will vanish – all than…

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Five reasons why markets will not run up further from here

From the lows it plumbed in March this year, Indian equities are up by 8% in 2023 after dropping by…

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There's a good chance Jerome Powell will lose his job as Fed chair due to left-wing pressure, JPMorgan says

Fed Chair Jerome Powell has won praise for his handling of the economy, but left-wing Democrats may…

Harry Robertson   


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Stock markets slip into the red: FMCG stocks under pressure

Indian stock markets were stable following the Reserve Bank of India's decision to keep the base in…

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Fed interest rate decision, Q4 earnings, macroeconomic data to drive markets this week: Analysts

Markets would remain closed on Monday on account of 'Maharashtra Day'. "The global picture…

PTI   


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Stock markets settle with marginal gains amid weak global cues

Benchmark indices Sensex and Nifty eked out gains in volatile trade to extend the winning streak to…

PTI   


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4 mins read

Next up in the inflation battle

In the global fight against high inflation, India’s story stands out because both monetary an…

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1 min read

Tata Steel's committee of directors approves raising Rs 670 cr via NCDs

"The committee of directors has today approved allotment of 6,700...unsecured, redeemable, rated, …

PTI   


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