Business

January 29, 2025 4:40 PM

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Domestic market in positive territory for second consecutive session

Benchmark domestic equity indices today extended gains for the second consecutive session. The 30-share index at the Bombay Stock Exchange, Sensex, surged 631 points, or 0.83 percent, to close at 76,533. Similarly, the National Stock Exchange Nifty-50 gained 206 points, or 0.9 percent, to settle at ...

January 28, 2025 7:55 PM

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Gold & Silver Prices Rise in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over 0.3 percent up at 80,320 rupees per 10 grams, while Silver 999 Fine was trading 0.18 percent up at 90,690 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal, for t...

January 28, 2025 5:58 PM

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US Stocks Mixed as Nasdaq Drops Over 3%, Dow Jones Gains

US stocks displayed a mixed trend yesterday. The tech-heavy Nasdaq Composite plunged over three percent, and the S&P 500 declined over 1.4 percent after a low-cost Chinese artificial intelligence model triggered a steep sell-off in US semiconductor companies, casting doubt on the dominance of US...

January 28, 2025 5:56 PM

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Rupee Falls by 19 Paise, Settles at 86.53 Against US Dollar

In the Forex market, the rupee today depreciated by 19 paise to settle at 86 rupees and 53 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 107.91 in intra-day trade.

January 28, 2025 1:47 PM

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Sensex soars 869 points, Nifty up by 221 points

Benchmark domestic equity indices, Sensex and Nifty, were trading higher in the afternoon trade today, boosted by Realty, Banking, Financial Services and Auto sectors. The 30-share BSE Sensex surged 869 points, or 1.15 per cent, to 76,235, and the NSE Nifty50 gained 221 points, almost one per cent, ...

January 28, 2025 2:06 PM

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RBI publishes Payment System Report for Dec 2024

The Reserve Bank of India has published the Payment System Report, December 2024. The report analyses the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to CY-2024. It also covers important developments in the payment ecosyste...

January 27, 2025 6:32 PM

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RBI to inject liquidity into banking system

On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct certain operations to inject liquidity into the banking system. As per the bank's press release, the RBI will hold OMO purchase auctions of Government of India securities for an aggregate amount of 60,...