Business

Export sectors that recorded positive growth in the last month include iron ore, electronic goods, spices, and marine products.

India is expected to have produced 31.2 million bales in the current marketing year ending on Sept. 30, down 14.5 percent from a year ago.

After touching a high of 37,145.45, the 30-share index was trading 89.72 points, or 0.24 per cent, higher at 37,235.17 at 0950 hours, while the broader Nifty rose 21.55 points, or 0.20 per cent, to 11,024.60.

The government has made it mandatory for traders to register themselves with the Steel Import Monitoring System to import 215 iron and steel products.

Kapoor looks at exiting Yes Bank to Vijay Shekhar Sharma, the founder and CEO of the Noida-based mobile payments startup backed by Japan’s Softbank, for up to Rs 2,000 crore.

Ashok Leyland announced 16 days non-working days for its facility in Ennore, five days at Hosur (Tamil Nadu) unit, 10 days each in Alwar (Rajasthan) and Bhandara (Maharashtra) unit.

DHFL shares were trading at Rs 50.75, up 8.9%, after hitting an intra-day high of Rs 51.95 on Monday. The stock has lost over 90% of its value in the past year.

Reliance Industries Ltd, HUL, ITC and ICICI Bank were the other firms which witnessed a drop in their market capitalisation, while HDFC Bank, Infosys, Kotak Mahindra Bank and State Bank of India were on the gainers' side.

The benchmark S&P BSE Sensex was up 109.61 points, or 0.3%, to 36,754.03, while the Nifty 50 index rose 29.80 points, or 0.27%, to 10,877.70, At 10:41 am.

After rising over 174 points in early session, the 30-share index failed to sustain the momentum and gave up all gains to end 80.32 points, or 0.22 per cent, lower at 36,644.42.

The plan comes with a myriad of benefits, including paperless transactions, one-time premium, requiring no medical test for prospects with an income of less than Rs 3 lakh.

GDP growth slipped to a six-year low of 5 per cent for the June quarter, leading many to worry about what will be sectoral impact of such a development.

After gaining about 2% following the incumbent government's victory in the general election this May, the rupee has lost nearly 6% since a July 5 budget when a surcharge on foreign investments was introduced.

A three-member NCLAT bench has asked the Interim Resolution Professional (IRP) to place before it a draft agreement with terms of condition between him and the Dutch Court Administrator in next two weeks.

The BSE benchmark Sensex tumbled 769.88 points, or 2.06 per cent, to close at 36,562.91. Led by the sharp drop in the equity market, the market capitalisation of BSE-listed companies tanked Rs 2,55,585.56 crore to Rs 1,38,42,866.10 crore.

Jignesh Shah, who went on to be known as 'India's Exchange Man' for successfully launching 14 exchanges across six continents, including MCX in 2003, has been fighting a prolonged legal battle on multiple fronts ever since NSEL crisis broke out in 2013.