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Markets end at fresh 13-month lows as global stocks derail

Markets end at fresh 13-month lows as global stocks derail

Benchmark share indices ended over 2% lower at fresh 13-month lows, amid weak global cues, ahead of the US jobs data that could raise the prospects of a rate hike by the US Federal Reserve rekindled fears of further foreign fund outflows. The 30-share Sensex ended down 563 points at 25,202 and the 50-share Nifty closed 168 points lower at 7,655. The broader markets also witnessed selling pressure with both the BSE Mid-cap and Small-cap indices ended down 1.9-2.5% each. Market breadth ended weak ..., 2 hours ago

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Weekly Times of India

Back China bid for global currency: Chief economic adviser

NEW DELHI: India should support China's efforts to make its currency, the RMB, part of International Monetary Fund's Special Drawing Rights (SDR) basket, chief economic adviser Arvind Subramanian said. Addressing a select audience at Institute of ...
 Weekly Times of India46 minutes ago

F-U-N-D-E-D: Why a global auto giant just invested in a tiny parking app

Brian SummersFirst Light BMW has been making cars for about 87 years Now it's getting into the business of parking On Wednesday the German carmaker's investment arm BMW iVentures said it had backed Zirx an 18-month-old mobile parking service Zirx's ...
 Uncova1 hour ago
4 Traders

Global stocks slide, dollar flat after unconvincing jobs data

U.S. stock futures fell and the dollar was little changed on Friday after data showed the U.S. economy created fewer jobs than expected last month, though the unemployment rate fell to a 7-1/2-year low. Non-farm payrolls increased 173,000 in ...
 4 Traders1 hour ago
Times of India

Akshay Kumar, Hrithik Rosha, AR Rahman join global campaign on UN SDGs

Bollywood stars Akshay Kumar, Hrithik Roshan and Oscar-winning composer A R Rahman have joined an ambitious global campaign that aims to spread awareness about the Sustainable Development Goals, which will be adopted later this month at a high-level ...
 Times of India6 hours ago Akshay, Hrithik, AR Rahman join global campaign on UN SDGs  The Statesman8 hours ago Akshay Kumar, Hrithik Roshan, AR Rahman join global campaign on UN SDGs  Times of India3 hours ago Akshay, Hrithik, Rahman join global campaign on UN SDGs  ABP Live7 hours ago

Global growth concerns drag benchmarks lower

SENSEX 25201.90 562.88 2.18% NIFTY 7655.05 167.95 2.15% Friday turned out to be a disappointing session ...
 Finalaya.com2 hours ago Sensex Falls 150 Points Amid Weak Global Markets: 10 Developments  NDTV2 days ago Sensex Trades Flat; Global Growth Concerns Weigh Despite MAT Relief  NDTV2 days ago Sensex Gives Up Some Gains After Rising Nearly 250 Points, Global Selloff Weighs  NDTV Profit2 days ago
Tech Shout

ZTE Axon Elite ready for global markets, offers eye scanner and fingerprint reader

After having released it in China as well as the United States, ZTE is now ready to bring its high-end Axon range into the global markets. The Axon Elite is the variant that has been chosen for a world tour, and this device will first be seen ...
 Tech Shout2 hours ago
Times of India

India should take global lead in cybersecurity: BJP

BENGALURU: Cybersecurity poses the biggest challenge and it is high time the country took a lead at the world stage in addressing this issue, BJP MP Tarun Vijay has said. "The biggest challenge before India will not be as much of oil crisis or ...
 Times of India3 hours ago
Times of India

WhatsApp's global user base crosses 900 million

NEW YORK: Mobile messaging app WhatsApp now has 900 million regular and active users around the world, following the addition of 100 million users in last five months. "WhatsApp now has 900 million monthly active users," WhatsApp co-founder Jan ...
 Times of India4 hours ago WhatsApp's global users list crosses 900 million Occasions asia  NewsListOnline3 hours ago Saavn eyes 25 million users by year-end; launches service for Win10  Jagran Post1 week ago WhatsApp Reaches 900M Monthly Active Users Milestone  Trak.in3 hours ago

Gold prices in India back at discount on weak demand

Gold prices in India swung to a discount to the global benchmark this week for the first time since mid July as a weak monsoon dampened demand in the world's second-biggest consumer. Dealers offered discounts of 50 cents to $4 an ounce, compared to premiums of 70 cents to $1.50 last week. In July, prices fell to a discount of $15 due to tepid demand. India's monsoon rains are likely to be below the prior forecast of 88 per cent of the long-term average, which could make it the driest year since ...
 Rediff.com5 hours ago
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