Trade  

The US Federal Reserve was sending strong signals that it intended to pull back on the lending rate increases made in 2018 due to concerns starting to dog the economic outlook, including the trade war with China.

 

The Sensex sunk by over 300 points in early trade on Friday (August 16) tracking losses in auto, IT, metal and banking stocks. NIFTY too fell 67.45 points or 0.61% to 10,961.95 in morning trade
 

The Indian rupee, which started the day on a weak note, fell 20 paise to 71.47 against the US dollar in early trade on Friday. The rupee on Wednesday had closed at 71.27 against the US dollar.

The figures are the latest to highlight how the world's second-largest economy China is being battered by an escalating trade war with the United States and slowing global demand.

The rupee, which had plunged 62 paise to close at a nearly six-month low of 71.40 on Tuesday saw a momentum shift as it rose from a 6-month low by 55 paise to touch 70.85 against the US Dollar in early trade on Wednesday
 

Traders said that easing inflation numbers, released after market hours on Tuesday, too helped the recovery in the domestic market sentiment as the broader NIFTY also gained 35.30 points and the BSE Sensex rebounded by near 300 points in early trade on Wednesday.

While the BSE Sensex domestic equity benchmark dropped over 200 points in early trade on Tuesday, Reliance Industries (RIL) capped the losses on the index by rallying over 8%

The rupee fell by 38 paise, touching the 71 per US dollar mark in early trade on Tuesday due to weak opening in domestic equities and strengthening of the American currency.

Fed up with the difficulties he encounters while convincing others that he is not a "fake" person, this textile trader Rahul Gandhi in Indore is now mulling to get rid of the famous surname
 

In the recent World Cup 2019, West Indies fast bowler Sheldon Cottrell, who called MS Dhoni a true patriot, became popular for his trademark salute celebrations.

The political crisis in Karnataka seems to be as exciting as the ICC World Cup final match between England and New Zealand or the Wimbledon final between Djokovic and Federer was. It’s difficult to say in these final stages as to who belongs to whom

It will indeed be a stormy day in Karnataka assembly on Monday (July 15) as the BJP will press for a trust vote. On the other hand, Speaker Ramesh Kumar is slated to meet Congress MLA from BTM layout Ramalinga Reddy in relation to his resignation

A high-level meeting involving India and Pakistan officials will be held on Kartarpur corridor at Attari-Wagah border on July 14

Glenmark will manufacture and supply Remogliflozin while Torrent will market the drug under its own trademark 'Zucator' in India

On July 3, the rupee had settled at 68.89 against the US dollar. Easing crude oil prices, positive opening in domestic equities supported the rupee