alexa
Indianmoney.com Missed Call Number

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
 
Home News CITI

Read more interesting news from around the globe with Indianmoney App

Google Play
 
News Image

Financials fall into bear market, joining materials and energy stocks

Saturday, December 15, 2018, 8:45 AM

Stocks in the financial sector had a tough day on Friday, falling into bear-market territory as a tumultuous week on Wall Street came to an end. Financials fell 1 percent on Friday, closing down 20.06 percent from a 52-week high reached in January. The decline was driven by a fall in bank shares amid worries about slowing global economic growth.
News Image

India's textile sector on recovery path: CITI

Friday, June 29, 2018, 6:55 PM

The country's textiles and apparel sector is showing signs of recovery owing to rupee depreciation, pick-up in domestic demand and progressive policies of the government, Confederation of Indian Textile Industry said today. CITI Chairman Sanjay Jain said the sector which saw a major hit due to demonetisation, implementation of GST, rupee appreciation and high domestic cotton prices, is finally showing some signs of recovery.