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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.

Oil prices drop on signs global economy slowing amid trade disputes

Oil prices are being pressured by ongoing worries about demand as the US-China trade war.

9 July 2019 9:49 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.

Sell on rise as market enters correction phase

The broader market BSE Mid-Cap and Small-Cap indices followed the benchmark, cracking up to 2.46 per cent.

9 July 2019 3:40 AM IST

Finance Minister Nirmala Sitharaman

Budget impact: Investor wealth down by Rs 5 lakh crore

In the two sessions of Friday and Monday, the BSE market capitalisation plummeted by Rs 5,61,772.64 crore.

9 July 2019 3:03 AM IST

During the hearing of the petitions, the TRAI had submitted that the rate cut would ultimately benefit the internet users.

Trai sticks to stance on pricing of spectrum for 5G, other bands

The telecom regulator has now suggested a lower lock-in period of two years for this band against 5 years prescribed...

8 July 2019 8:19 PM IST

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

Rupee drops 24 paise to 68.66 against US dollar amid equity meltdown

Foreign institutional investors pulled out Rs 401.99 crore on Monday, hitting the rupee sentiment.

8 July 2019 6:40 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.

Over Rs 3 lakh cr investor wealth eroded as stock market plunges

Intra-day, the 30-share Sensex fell sharply by 907.91 points to 38,605.48. It closed at 38,720.57, down 792.82 points.

8 July 2019 5:51 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold prices rule flat after two-day rally on custom duty hike

Gold is trading at Rs 35,470 per 10 gram in the bullion market here after rising for two consecutive days post Budget.

8 July 2019 4:04 PM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex plunges 793 points on Budget woes, global selloff

After plunging over 907 points, the 30-share index settled 792.82 points or 2.01 per cent lower at 38,720.57.

8 July 2019 2:50 PM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Rupee slips 16 paise to 68.58 against US dollar

The rupee came under pressure following heavy selling in domestic equities amid outflow of foreign funds.

8 July 2019 10:00 AM IST

Benchmark Sensex surged 577 points to end at 33,597 on Thursday.

Sensex tanks over 400 points, Nifty below 11,700

The 30-share index was trading 405.67 points, or 1.03 per cent, lower at 39,107.72.

8 July 2019 9:44 AM IST

The Sensex crashed over 505 points to slip below the 38,000-level as rupee woes and global trade war worries spooked investors despite the government announcing a slew of measures to stem a steep fall in the domestic currency.

Corrective phase looms

The broader market also traded in a range as the Nifty Mid-Cap and Small-Cap Index closed lower.

8 July 2019 2:34 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.

Markets to see Budget overhang this week; IIP, inflation data eyed:...

Analysts said that now that the much-awaited Budget is over, focus will shift to first quarter earnings starting...

7 July 2019 3:05 PM IST