Business

Sensex jumps 123 points in early trade ahead of Fed decision

Mumbai: Dec 16; Extending gains for the third straight session, the benchmark BSE Sensex surged over 123 points at 25,443.48 in early trade today, amid a firming trend at other Asian markets ahead of the outcome of the Federal Reserve meeting.

The 30-share index, which had gained 276.09 points in the previous two sessions, gathered another 123.04 points, or 0.48 per cent, at 25,443.48 with all the sectoral indices, led by oil & gas, IT, healthcare and power trading in positive zone.

The NSE Nifty was also trading higher by 28.75 points, or 0.37 per cent, at 7,729.65.

Those cheating the banking system will be chased down: Arun Jaitley

New Delhi: Finance minister Arun Jaitley said that the state will chase down those who cheat the banking system on Thursday. He added that auditors ha...

Odisha govt exploring new opportunities in cooperative sector

Bhubaneswar: The Odisha government has initiated the process for exploring new opportunities in the cooperative sector for generation of new employmen...

Following Rs 11,000 cr scam, Fitch places PNB on 'Rating Watch Negative'

New Delhi: Following the fraud worth over Rs 11,000 crore in Punjab National Bank, the global ratings agency Fitch has placed the state-run bank's via...

Rotomac scam: CBI raids three places, FIR filed

New Delhi: The Central Bureau of Investigation (CBI) has conducted raids at three properties belonging to the Rotomac Pen company's owner in the early...