Stocks lost more ground on Wall Street on Wednesday, led by declines in the technology and energy sectors. Stocks lost more ground on Wednesday as Wall Street added to its losses a day after the market’s worst skid in a month. The job openings report hit Wall Street as traders anticipate that the Federal Reserve will start cutting its benchmark …
Benchmark BSE Sensex rebounded nearly 1 per cent while Nifty reclaimed the 17,100 level on Wednesday as value buying in energy, banking, IT and FMCG shares helped the indices cut short a three-day losing run. Axis Bank rose by 2.89 per cent, NTPC by 2.42 per cent, IndusInd Bank 1.97 per cent, L&T by 1.7 per cent, and UltraTech Cement …
The power ministry on Monday said it has mandated all electricity distribution utilities or discoms to comply with the Energy Conservation Act, 2001, which would reduce energy losses and bring in more transparency in the sector. Earlier, only discoms with annual energy losses equal to or above 1,000 MU, notified as designated consumers, used to come under the purview of …
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