Stock markets edge down on STT, LTCG hike

Benchmark Sensex and Nifty settled marginally lower in volatile trade on Tuesday as the government proposed to hike securities transaction tax on futures & options in the budget for 2024-25.......

Markets in bear hug; Sensex sinks over 900 points

Equity benchmark index Sensex on Wednesday crashed over 900 points to sink below the 73,000 level due to widespread selling pressure amid a sharp fall in smallcap and midcap indices. Photograph:......

Sensex sinks 617 points due to selling in metal, banking stocks

Stock market benchmark Sensex declined by 616.75 points on Monday, snapping its two-day gaining streak due to selling in metal and banking shares amid weak trends in the global markets.......

Indian festive demand for gold sluggish, discounts widen

Festive demand for gold in India got off to a tepid start, with local prices still at a heavy discount to the global benchmark, a bad sign for a period when buying is typically strong. Though sales......

Chirpy Missy swims to record 6th gold; US medley team disqualified

The final day of the world swimming championships belonged to Missy Franklin as the American teenager became the first woman to win six golds at a single edition thanks to the U.S. triumph in the......

Sports Shorts: Unseeded Zhu upsets Kvitova in Tianjin opener

A summary of sports events and sports persons, who made news on Wednesday IMAGE: China's Lin Zhu returns a shot against Ukraine's Elina Svitolina. Photograph: Emmanuel Wong/Getty Images China's......

Sports Shorts: Frenchman Champagne to fight Blatter for FIFA president post

Jerome Champagne speaks during a news conference. Photograph: Suzanne Plunkett/Reuters Former FIFA official Jerome Champagne formally announced on Monday that he will stand against incumbent Sepp......

Improving Asia looks to Paradorn

After every round that Asia number one Paradorn Srichaphan of Thailand played at last week's Chennai Open, he was cheered off court like a home-grown hero.Fans lustily responded to his post-match......

Sports Shorts: Olympic champ Phelps suspended for six months

Michael Phelps of the United States. Photograph: Sean Kilpatrick / AP Photo / The Canadian Press/File photo American swimmer Michael Phelps, the most decorated Olympian of all time, was suspended......