Latest News: Indian steel sector posts steady growth in H1 FY 2026–27 * Mumbai's Jawahar Dweep becomes India's first plastic-free oil terminal * Indian security forces neutralise Lashkar-e-Taiba Commander, Musa aka Asif Fauji, in an intelligence-led operation in J&K

 Business

The weekly price action resulted in a sizeable bear candle with a lower high and low, signaling continuation of the declining trend. In the process, Nifty breached its key support of 10200 last week, contrary to expectations, indicating extended decline amid ongoing corrective phase.

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Continuing the practice of placing key statistics relating to direct tax collections and administration in the public domain, the Central Board of Direct Taxes has released data as updated up to the financial year 2017-18.

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Benchmarks closed lower after a volatile truncated week as global equity sell-off led by prospects of escalating trade war and earnings downgrades weighed on sentiments.

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It is being expected that ongoing correction to mature in the coming week around the major support area of 10100-10200 for the Nifty in the equity market.

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Prime Minister Narendra Modi has emphasized for a partnership between the producers and consumers in the oil market as it exists in other markets. This will help stabilize the global economy which is on the path of recovery, he said in a meeting with the CEOs and experts from the oil and gas sector from India and abroad.

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Central Vigilance Commission has analyzed top 100 bank frauds as on the year 2017.

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Volatility is likely to remain elevated as a market is in the second quarter of the financial year 2018-19 earning season and index undergoes base formation of 13% correction over past six weeks in the broad range of 10600-1020, which will set the stage for next up move.

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Over 108 exhibitors of silk and blended silk products manufactured from different parts of the country will display their products during the 3-day event, organized by the Indian Silk Export Promotion Council at Pragati Maidan in New Delhi. 

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The Working Group tasked to develop a roadmap towards achieving a five trillion dollar economy by the year 2025 has prepared its report and it is being circulated to the stakeholders for further suggestions.

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New Delhi: A total of 6,28,488 affordable houses have been sanctioned Under Pradhan Mantri Awas Yojana till date while cumulative approvals now have become more than 60 lakh houses by Ministry of Housing and Urban Affairs.

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