Free Press Journal
  • Sensex soars 128 points in early trade on firm global cues   

    Mumbai: The BSE Sensex rallied over 128 points to 35,447.43 in early session today, maintaining its positive form for the fourth straight day on positive cues from global markets. Unabated buying by domestic institutional investors fuelled the uptrend, brokers said. The 30-share Sensex, which gained 403.97 points in the previous three sessions, added 128.08 points, or 0.36 per cent, at 35,447.43.

  • bmc, mumbai, garbage, standing committee meeting, garbage collectors

    Mumbai: BMC to take TRC from unregistered small shops

    Mumbai: The Brihanmumbai Municipal Corporation (BMC) will continue to take Trade Refusal Charges (TRC) on small shops and establishments even though they are not registered. This is basically a charge for generation of waste. After the new notification of state government under the ease of doing business small business outlets are no more required to register if having employees less than nine. Therefore, it was also assumed that the TRC will also

  • India-US trade relationship have most friction: White House

    Washington: Trade is one aspect of India-US relationship that has the most friction, a senior White House official has said even as he underlined that the Trump Administration is looking for a “free, fair and reciprocal” trade with India.

  • Jammu & Kashmir: Ceasefire violation hampers cross LoC trade

    Poonch: In the wake of the recent ceasefire violation that has taken place along the Line of Control (LoC), cross-border trade has been hampered, thus detrimentally impacting traders here. Following the constant mortar shelling in the region, traders say gates have not been opened for trade for two days, thus causing fresh produce to go stale due to lack of adequate storage facility.

  • Centre, states, industry to discuss export situation on January 8

    New Delhi: The Centre, state governments, and industry representatives will meet on January 8 to discuss ways to boost the country’s exports, a commerce ministry official said. The third meeting of the ‘Council for Trade Development and Promotion’ will be chaired by Commerce and Industry Minister Suresh Prabhu.

  • Sensex down 100 points as RBI policy decision looms

    Mumbai: The benchmark BSE Sensex fell further by 100 points in early trade today due to selling in interest-sensitive stocks ahead of RBI’s policy announcement later in the day.

  • Crude oil futures fall 0.43% on weak global cues

    New Delhi: Crude oil futures fell 0.43 percent to Rs 3,704 per barrel today, in line with a weak trend in Asian trade, as speculators cut down their bets. Crude oil for delivery in current month was trading lower by Rs 16, or 0.43 percent, at Rs 3,704 per barrel, with a business volume of 2,159 lots at Multi Commodity Exchange(MCX).

  • Sensex slips from record level, down 97 points

    Mumbai: The BSE Sensex fell by over 97 points in early trade today, retreating from its record highs, on profit booking in metal, oil & gas, banking, teck and PSU stocks after a recent rally.

  • Trade imbalance with China is cause of concern: BJP

    New Delhi: Bharatiya Janata Party (BJP) National spokesperson (Economic Affairs) Gopal Krishna Agarwal said that India and China will be working together to do away with the growing trade deficit in the country and the government is doing its best to help domestic industries to flourish amidst competition from Chinese goods.

  • Trade war looming between India-China: Chinese state media

    Beijing: A trade war seems to be looming between India and China after New Delhi imposed anti-dumping duties on 93 Chinese products amidst a military standoff in Doklam area, two state media reports here said today. An article in The Global Times, part of the ruling communist Party’s publication group, urged Chinese firms to”reconsider the risks” of investing in India and warned NewDelhi to be “prepared for the possible consequences for its

  • Modi-Trump meet: 10 significant statements made by the dynamic duo

    India is the world’s largest democracy and America the world’s oldest. Leaders Prime Minister Narendra Modi of India and President Donald Trump of USA had their maiden meeting in Washington DC on Monday. This was the first time after Trump became the President that PM Modi had met him in person. PM Modi and President Trump talked about various issues ranging from politics, economics, terrorism, global trade and other geo political issues concerning both

  • Rupee down

    Domestic market: Rupee cracks 68-level, tumbles 32 paise

    Mumbai: The rupee took a sharp plunge of 32 paise to crash below the 68-mark against the US dollar in early trade today on higher dollar demand from importers after the American currency strengthened overseas coupled with lower opening in the domestic stock market.

  • Donald Trump victory provokes global shock and angst

    Kuala Lumpur: Donald Trump’s improbable victory in the US presidential election provoked global shock and angst today over the implications for everything from trade to human rights and climate change.

  • New Zealand assures Modi of ‘constructive’ approach on NSG bid

    New Delhi : India and New Zealand on Wednesday agreed to strengthen ties in key areas of trade, defence and security during talks between Prime Minister Narendra Modi and his Kiwi counterpart John Key, who also assured that his country will contribute “constructively” to the process currently underway in the NSG to consider India’s membership.

  • US stocks follow European markets higher; Dow up 1.2%

    New York: US stocks surged, rallying with European equity markets following deep losses the last two sessions due to Britain’s surprise vote to leave the European Union. About 30 minutes into trade, the Dow Jones Industrial Average was at 17,348.09, up 1.2 %. The broad-based S&P 500 climbed 1.3 % to 2,026.12, while the tech-rich Nasdaq Index jumped 1.8 % to 4,675.00.

  • Africa Outreach Pranab first Prez to visit Ghana

    Accra : President Pranab Mukherjee on Sunday arrived here in the first leg of his six-day visit to three African nations – Ghana, Ivory Coast and Namibia, as part of “outreach to Africa” focussing on trade,  education and boosting relations with these countries.

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