Benchmark indices the Sensex and the Nifty took a breather on April 25 morning after a four-day bull run to trade lower on weak global cues. Analysts, however, said there was little reason to worry as India's VIX remained at lower levels. They expect bouts of consolidation on the monthly expiry day and as the corporate earnings season continues.The Sensex was down 17.31 points or 0.02 percent at 7...

All NSE sectoral indices were trading higher except Nifty FMCG which was dragged by Tata Consumer Products. Nifty media led the gains, rising over 1 percent.Indian equity markets open on a positive note mirroring overnight surge in US markets and subsequent gains in Asian equities on April 23. At 09:16 am, the Sensex was up 205.86 points or 0.28 percent at 73,944, and the Nifty was up 45.90 points...

India's exports of iron ore fines and lump hit a three-year high of 36.5 million tonnes (mt) in FY24 compared with around 15 mt in FY23, an increase of about 145 percent year on year, according to data collected by market analytics firm BigMint. Exports of iron ore pellets, likewise, increased nearly 80 percent y-o-y to 11.3 mt in FY24 as against 6.3 mt in FY23, data show. According to reports, ov...

An Indian delegation in Singapore has sought to partner with the global shipping industry to explore new technologies and the potential of using methanol and ammonia as ship fuels, a senior government official said on Monday.The Indian delegation is here to participate in the Singapore Maritime Week, which is being attended by over 10,000 delegates from around the world."We are here to seek out co...

India introduced 11.4 gigawatts (GW) of entirely new coal proposals in 2023, which is more than the newly proposed capacity in any year in the country since 2016, according to a new report from Global Energy Monitor (GEM)."After what appeared to be a promising year for the beginning to phase down India’s coal power dependence in 2022, the lack of retirement planning paired with new coal capacity...