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May 25, 2024 5:35 PM
All three major US indices rebounded on Friday. Though the minutes of the Fed meeting brought in considerable speculation in the market which led to Thursday's loss, the Markets have found hope in improving Consumer Outlook on Inflation. Yesterday's rebound sent Nasdaq to a 5th straight week of ...
May 25, 2024 12:19 PM
India's foreign exchange (forex) reserves jumped 4.549 billion dollars to a new all-time high of 648.7 billion dollars for the week ended May 17. This is the third consecutive week of increase in the overall forex kitty. Gold reserves increased 1.244 billion dollars to 57.195 billion dollars du...
May 24, 2024 7:32 PM
Sensex and Nifty settled flat on Friday amid negative cues from the global share markets. The Sensex inched down by eight points to close at 75,410. The Nifty slid 11 points to settle at 22,957. In the forex market, the rupee closed at 83 rupees and 10 paise against the US dollar. Gold, at Mul...
May 24, 2024 5:52 PM
Procurement of wheat during Rabi Marketing Season 2024-25 is going on smoothly in the major procuring states across the country. Over 262 Lakh Metric Tonnes (LMT) of wheat has already been procured so far this year in Central Pool surpassing last year’s total procurement of 262.02 LMT. Minist...
June 3, 2024 10:19 PM
Sensex and Nifty hit record highs; and gained more than 1 and half a percent each today amid mixed queues from the Global share markets. The BSE Sensex rose 1197 points, or 1.61 percent, to close at a record 75,418. The NSE Nifty spiked 370 points, or 1.64 percent, and settled at a record 22,968. In...
May 23, 2024 1:53 PM
Indian economy has registered a record rise in exports and the sharpest upturn in employment over 18 years in May this year. According to the HSBC Flash Purchasing Manager's Index (PMI), India recorded the third-strongest upturn in private sector output since July 2010. Although the manufac...
May 22, 2024 6:04 PM
Four out of five major Asian Indices ended in negative territory today. The China's Shanghai Composite Index inched up 0.02 percent, Singapore's Straits Times index shed 0.2 percent, Hong Kong's Hang Seng Index lost 0.13 percent, South Korea's Kospi marginally down by 0.03 percent and Japan's Nikkei...
May 22, 2024 5:38 PM
The Reserve Bank of India (RBI) has approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24. The same was approved during the 608th meeting of the Central Board of Directors of the Reserve Bank of India, which was held in Mumbai today. Acc...
May 21, 2024 6:23 PM
All Key Asian stocks ended in the red today. Hong Kong's Hang Seng Index slipped 0.42 percent, Korea's Kospi declined 0.66 percent, China's Shanghai Composite fell 0.42 percent, Japan's Nikkei-225 tumbled 0.32 percent and Singapore's Straits Times Index slipped 0.19 percent. Major European market...
May 21, 2024 6:18 PM
Indian stock market benchmarks, the Sensex and the Nifty 50, ended almost flat today, in a volatile session, with Nifty managing to hold above 22,500. At close, the 30-share BSE benchmark Sensex was down 53 points or 0.07 per cent, settling at 73,953. Meanwhile, NSE Nifty witnessed a gain of 27...
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