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Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Crude oil futures up 1.15 per cent on positive demand

Multi Commodity Exchange, crude oil contracts for June delivery traded higher by Rs 43, or 1.15 per cent, at Rs 3,775...

19 Jun 2019 3:42 PM IST

The rupee pared initial gains to fall 7 paise to 71.82 against the US currency in late morning deals on Thursday on bouts of dollar demand from banks and importers. (Photo: DC)

Rupee rises 21 paise to 69.49 against USD in early trade

Foreign fund inflows and selling of the American currency by exporters supported the rupee.

19 Jun 2019 10:18 AM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex soars over 350 points; Nifty near 11,800

The 30-share index was trading 367.24 points, or 0.94 per cent, higher at 39,413.58.

19 Jun 2019 9:52 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil extends gains amid Middle East tensions, US-China trade deal hopes

US West Texas Intermediate crude gained 44 cents, or 0.8 per cent, to USD 54.34 a barrel.

19 Jun 2019 8:46 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Reversal signals appear on Nifty charts

Major index gainers were ICICI Bank, Infosys, HCL Technologies, TCS, Vedanta, Coal India, Power Grid, Ultratech Cement...

19 Jun 2019 2:28 AM IST

HDFC AMC's shares tank after FMP rescue

Shares of HDFC Asset Management Company, which had run up sharply in the past few weeks, fell 6.32 per cent on Tuesday,...

19 Jun 2019 2:21 AM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee snaps 3-day losing streak; rises 21 paise to 69.70 vs USD

Forex dealers said selling of dollars by exporters and gain in other Asian currencies supported rupee.

18 Jun 2019 5:51 PM IST

The Nifty claiming 11,l883 and Sensex 39571 marked the day with all the bullishness summoned up from yesterdays gains but selling emerged at higher levels.

Sensex ends 86 points higher; Jet Airways nosedives 41 per cent

Overall market sentiments turned a bit optimistic in view of lower crude oil prices and strengthening rupee.

18 Jun 2019 4:14 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold edges up by Rs 100, silver rises Rs 130

Gold is trading at 33,720 per 10 gm at the bullion market on the back of positive demand from local jewellers.

18 Jun 2019 3:48 PM IST

The rupee may trade in Rs 68.50-70.50/$1 range in the week to May 24 compared to Rs 69.80-70.92/$1 range in the previous week, a poll of 12 foreign exchange dealers showed on Monday.

Rupee rises 11 paise against dollar in early trade

Rupee, is trading at 69.80 against dollar, driven by positive opening in domestic equities and easing crude prices.

18 Jun 2019 10:14 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Sensex, Nifty turn cautious ahead of US Fed policy meet

After rebounding over 150 points in opening session, the 30-share index pared gains to trade marginally higher at...

18 Jun 2019 9:58 AM IST

The Sensex closed at 39,784 with a gain of 168.62 points or 0.43 per cent while the Nifty-50 closed at 11,922.70 up 52.05 points or 0.44 per cent.

Investors fear Indo-US spat is new market risk

Besides, fresh geopolitical tensions in the Middle East and concerns over the advancement of monsoon also unnerved...

18 Jun 2019 6:46 AM IST