Bears continued to tighten their grip on Dalal Street on November 5 amid weak global cues, extending the intense sell-off seen in the previous session. Investors remain cautious as they brace for a pivotal week with two major events on the horizon: the U.S. presidential election and the Federal Reserve’s monetary policy meeting.At open, the Sensex was down 237.53 points or 0.30 percent at 78,544...

Prime Minister Narendra Modi and West Bengal Chief Minister Mamata Banerjee are set to hold consecutive Lok Sabha campaign rallies in Cooch Behar, North Bengal, on April 4.They are set to address voters in the same constituency for the first time, a region that has witnessed substantial electoral advancements for the Bharatiya Janata Party (BJP) since the 2019 elections.The constituencies of Cooch...

The public issue of Bharti Hexacom had a decent start to day two of bidding on April 4, as investors picked up 1.62 crore shares, or 0.40 times the issue of 4.12 crore shares up for grabs.Retail investors led the race, purchasing 0.61 times the portion reserved for them. Non-institutional investors were second in line after buying 0.46 times the allotted quota, and qualified institutional buyers (...

Will China start imposing restrictions on export of paracetamol? This question about this mainstay medication to combat any viral fever, not just during COVID-19, is today crossing the minds of many in the Indian pharmaceutical industry. Indian pharma is already noticing a rising trend in the prices of several drug ingredients imported from China.While the COVID-19 caseload in China seems worryi...

Finance minister Nirmala Sitharaman on Friday said the Budget for FY24 will follow the spirit of the earlier ones, in an indication that the government will likely retain its enhanced focus on capital spending as a credible growth lever. Sticking to the main policy plank of the earlier Budgets by the Modi 2.0 government also implies that the tax rates would remain benign, the fiscal consolidat...