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September 13, 2024 9:25 PM
The government has scrapped the minimum price threshold for onion exports. In a notification, the Directorate General of Foreign Trade (DGFT) said that the Minimum Export Price condition on onions has been removed with immediate effect. Earlier, the government had set a minimum export price of 550 U...
September 13, 2024 8:45 PM
India's foreign exchange reserves rose by 5.2 billion dollars to a record high of 689.24 billion dollars for the week ending August 30. According to data released by the Reserve Bank of India today, the Foreign Currency Assets (FCAs) increased by 5.10 billion dollars to 604.1 billion dollars. ...
September 13, 2024 2:14 PM
Domestic benchmark indices, Sensex and Nifty are trading low after registering a strong rally in the previous session. Both indices witnessed a marginal fall of around 0.1 per cent in the intra-day trade. BSE Sensex was trading down 103 points to 82,860, and Nifty-50 was at 25,355 with a lo...
September 12, 2024 8:28 PM
The Index of Industrial Production (IIP) witnessed a growth of 4.8 percent in July on an annual basis, compared to 4.7 percent in June, according to data released today by the Ministry of Statistics and Programme Implementation. The three major components of IIP are mining, which registered a growth...
September 12, 2024 8:13 PM
India's retail inflation rose to 3.65 percent in August, slightly higher than the 3.6 percent reported in July this year. According to data released today, the Ministry of Statistics and Programme Implementation (MoSPI) highlighted that this is the second-lowest retail inflation in the past five yea...
September 12, 2024 7:33 PM
In the Indian Bullion Market, the 24 Karat Gold was trading 0.42 percent up at 72,530 rupees for 10 Grams and Silver 999 Fine, was trading 1.16 percent up at 85,370 rupees per one kilogram, a short while ago. At Multi Commodity Exchange, Gold and Silver prices were trading up today. The precious met...
September 12, 2024 7:28 PM
All major US stocks settled higher yesterday with boost in technology sector, offsetting the increase in core inflation rate for August. The data released yesterday dashed hopes for a bigger interest rate cut by the Federal Reserve next week. Nasdaq Composite increased more than two percent, S&P...
September 12, 2024 7:23 PM
Crude oil prices increased today extending a rebound propelled by concern over Hurricane Francine's impact on the US output. In the global crude market, Brent crude was trading 1.22 percent up to trade at 71 dollars and 47 cents per barrel and the U.S. West Texas Intermediate (WTI) was trading nearl...
September 12, 2024 7:17 PM
In the Forex market today, Indian rupee appreciated four paise at 83 rupees 95 paise against the US dollar amid a positive trend in domestic equities and foreign fund inflows. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 101.7...
September 12, 2024 7:14 PM
Four out of five major Asian indices traded in the positive territory today. Japan's Nikkei rose nearly three and half percent, Korea's Kospi gained nearly two and half percent, Hong Kong's Hang Seng advanced more than half percent and Singapore's Straits Times Index was more than half a percent up....
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