Free Press Journal
  • ‘Smart’ BKC to be energy-efficient too

    Mumbai : The ‘Smart Bandra-Kurla Complex’ project that is set to go live by next October will now include an interesting feature to make the business district an energy-efficient complex. The new addition—Building Monitoring System—will have a live web-based dashboard that would flash energy consumption of the commercial buildings of the business district. The inclusion of this component in ‘Smart BKC’ by the Mumbai Metropolitan Region Development Authority is to create energy saving

  • Gold

    Gold futures down 0.43% on weak global cues

    New Delhi: Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.43 per cent to Rs 27,360 per 10 grams in futures trade today. At the Multi Commodity Exchange, gold for delivery in far-month February next year eased Rs 117, or 0.43 per cent, to Rs 27,360 per 10 grams, in a business turnover of 17 lots. On similar lines, the metal for delivery in December shed Rs 109, or 0.40 per

  • Silver

    Silver futures down 0.38% on profit-booking

    New Delhi: Silver prices moved down by 0.38 per cent to Rs 37,370 per kg in futures trade today as participants locked-in gains at prevailing levels amid weak trend overseas. In futures trade, silver for delivery in December moved down Rs 143, or 0.38 per cent, to Rs 37,370 per kg at the Multi Commodity Exchange. It clocked a business turnover of 375 lots. Similarly, the white metal for delivery in far-month March 2016 declined Rs 133, or

  • Sensex

    Sensex rangebound, Nifty holds 8150

    Mumbai : After a strong rally on Thursday, the market struggled to gain in the opening hour on Friday. The Sensex traded down with 53.85 points at 26956.29 and the Nifty slipped 13.10 points at 8166.40. NTPC, Maruti, Tata Motors and TCS were among top gainers while Bharti Airtel, Lupin, ONGC, ICICI Bank and Coal India were among losers in the Sensex. Gold hovered below a 3.5 month high after strong US inflation data

  • Rupee down

    Rupee down 13 paise to 64.95 on strong dollar demand

    Mumbai: The rupee weakened by 13 paise to 64.95 against the dollar at the Interbank Foreign Exchange in early trade today on demand of the US currency among importers amid shrinking exports in September. The dollar was firm against major global currencies following stronger-than-expected US inflation data which dampened rupee sentiment, dealers said. The rupee also fell due to fresh demand for the American currency from importers and a lower opening in domestic equity markets, they

  • Tokyo shares rebound

    Tokyo: Tokyo shares ended higher in the morning session on Thursday as bargain-hunting mood took upper hands over investors’ concerns on the US economic outlook. The 225-issue Nikkei Stock Average jumped 138.21 points, or 0. 77 percent, from Wednesday to 18,029.21, reported Xinhua. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 13.05 points, or 0.89 percent, to 1,483.88.

  • Oil

    Oil prices mixed in Asia as supply worries return

    Singapore: Oil prices diverged in Asia today as a report showing increased production by the OPEC cartel bolstered expectations a supply glut will persist well into next year.

  • Rupee up

    Rupee up 29 paise against dollar in early trade

    Mumbai: The rupee rose by 29 paise to 64.74 against the dollar in early trade today on increased selling of the US currency by exporters. The dollar was trading lower against major world currencies after weak US retail sales data fuelled hopes that the US Federal Reserve will delay an interest rate hike. Stock markets were also in the positive zone in line with Asian markets which also supported the rupee, dealers said. The US Commerce

  • Union Minister for Finance, Corporate Affairs and Information & Broadcasting, Arun Jaitley shakes hand with Vodafone Group CEO Vittorio Colao during a meeting in New Delhi on Wednesday.

    Vodafone: Seeing emergence of New India

    New Delhi : Vodafone Group, the world’s second largest mobile operator, said it is seeing positive changes on ease of doing business in the country and is seeing emergence of a ‘New India’.

  • Silver

    Silver futures climb Rs 248 on firm global cues

    New Delhi: Silver prices went up by Rs 248 to trade at Rs 37,520 per kg in futures trading today as participants indulged in enlarging positions amid a firm trend in precious metals overseas. In futures trading, silver for delivery in December was up by Rs 248, or 0.67 per cent, at Rs 37,520 per kg at the Multi Commodity Exchange, in a business turnover of 827 lots. Likewise, the white metal for delivery in far-month March

  • Gold down

    Gold futures spurt Rs 186 on global cues

    New Delhi: Gold rose by Rs 186 to Rs 27,165 per 10 grams in futures trading today as speculators widened positions, tracking a firming trend overseas. At the Multi Commodity Exchange, gold for delivery in December spurted Rs 186, or 0.69 per cent, to Rs 27,165 per 10 grams, in a business turnover of 836 lots. Similarly, the metal for delivery in far-month February was also trading higher by Rs 181, or 0.67 per cent, to Rs

  • Oil

    Oil prices subdued in volatile Asian trade

    Singapore: Oil prices were subdued in volatile Asian trade today as the market digested a report from the the International Energy Agency (IEA) showing that global crude oversupply will persist until next year.

  • rupee up

    Rupee pares some early gains, up 4 paise against dollar

    Mumbai: Rupee pared some of its early gains but was still trading up by 4 paise at 65.14 against the US currency in late morning deals on bouts of dollar selling by banks and exporters. The rupee resumed higher at 65.11 per dollar as against yesterday’s level of 65.18 at the Interbank Foreign Exchange(Forex) market. It gained further on sustained bouts dollar selling by exporters to 65.05 before quoting at 65.14 at 1035 hrs. Overseas, the US

  • Nifty down

    Sensex, Nifty open with weakness; TCS loses, Sun Pharma gains

    Mumbai : The market opened lower on Wednesday. The Sensex declined 114.87 points to 26731.66 and the Nifty dropped 29.30 points to 8102.40. Bharti Airtel, Lupin, NTPC, BHEL, HUL, Sun Pharma, ONGC, IndusInd Bank and Kotak Mahindra Bank were early gainers. ICICI Bank, Hindalco, M&M, Vedanta, Cipla and Tata Motors lost 2.5 percent. TCS fell two percent as there were no fireworks in Q2 earnings, as the dollar revenue rose three percent missing expectations for

  • Rupee up

    Rupee recovers 9 paise against dollar in early trade

    Mumbai: The rupee recovered by 9 paise to 65.09 against the dollar in early trade on fresh selling of the US currency by exporters and banks. Besides, the dollar’s weakness against major world currencies after poor data in China and Europe bolstered prospects the Federal Reserve will delay hiking its key interest rate strengthened the rupee sentiment. The rupee had fallen by 43 paise to close at 65.18 against the American currency yesterday on persistent dollar demand from

  • IIP surges 6.4 percent in August; retail inflation in upward trend

    New Delhi: Industrial output surged 6.4 percent (YOY) in August, giving the highest since October 2012. As per the data released on Monday, the numbers exceeded the analyst expectations by providing a robust data pointer to a rebounding economy.

  • Japanese stocks fall 1.11 percent

    Tokyo: Japanese stocks fell 1.11 percent on Tuesday as investors locked in some of last week’s steep gains while awaiting fresh trading cues expected later in the week.  The 225-issue Nikkei Stock Average was down 203.93 points, from last Friday at 18,234.74, Xinhua news agency reported.  Tokyo markets were closed on Monday for a holiday. The broader Topix index of all First Section issues on the Tokyo Stock Exchange moved 12.00 points