Business

August 14, 2024 7:10 PM August 14, 2024 7:10 PM

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Indian Rupee closes at ₹83.94 against US Dollar

In the Forex market today, the Indian rupee closed at ₹83.94 against the US dollar. The dollar index, which measures the US dollar's strength against a basket of six other leading currencies, was up by 0.02 percent at 102.58 in intraday trade.

August 14, 2024 7:09 PM August 14, 2024 7:09 PM

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Oil prices rise slightly amid U.S. inventory drop and Israel-Gaza tensions

Oil prices rose slightly on Wednesday after an industry report showed U.S. crude and gasoline inventories fell and as the market watched for a possible widening of the Israel-Gaza war, which may impact global oil supplies. In the global crude market, Brent Crude was trading 0.43 percent higher at 81...

August 14, 2024 5:35 PM August 14, 2024 5:35 PM

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Indian investors lead foreign business expansion in the Emirate

A recent analysis by the Dubai Chamber of Commerce reveals that Indian investors are at the forefront of foreign business expansion in the emirate, establishing 7,860 new companies during the first six months of 2024. This achievement places India at the top of the list for new non-Emirati companies...

August 13, 2024 7:47 PM August 13, 2024 7:47 PM

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Gold Up 0.08% at ₹70,910; Silver Down 0.82% at ₹81,260

In the Indian Bullion Market, 24 Karat Gold increased by 0.08 percent, and trading at 70,910 rupees at 6:40 this evening.   Silver 999 fine, decreased by 0.82 per cent, and traded at 81,260.

August 13, 2024 7:11 PM August 13, 2024 7:11 PM

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Global Crude Prices Slide: Brent at $81.85 and WTI at $79.79

In the global crude market Brent and WTI Crude trading weak. Brent crude slid more than half a per cent and traded at 81 dollars and 85 cents per barrel. The U.S. West Texas Intermediate (WTI) is down by 0.34 per cent, and trading at 79 dollars and 79 cents per barrel, when reports last came in. 

August 13, 2024 6:30 PM August 13, 2024 6:30 PM

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Sensex & Nifty Fall Nearly 1% Amid Broad Selling

Sensex and Nifty lost nearly 1 per cent and Closed weak amid Broad-based selling today. At the closing bell, the BSE Sensex slashed  693 points, or 0.87 per cent, to close at 78,956. The NSE Nifty lost 208 points, or 0.85 per cent, to close at 24,139.   In the NSE, 121 Companies hit their 52-we...

August 13, 2024 6:58 AM August 13, 2024 6:58 AM

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Direct tax collections jump nearly 24% to Rs 8.13 lakhs in April-Aug period

Gross direct tax collections from April 1 to August 11 have increased by 23.99 percent over the same period of the previous year, reaching 8.13 lakh crore rupees. The Income Tax Department said that collections were 6.55 lakh crore rupees during the same period last year. Net collections were record...

August 12, 2024 9:26 PM August 12, 2024 9:26 PM

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Gross Direct Tax Collections Surge 23.99% to ₹8.13 Lakh Crore 

Gross direct tax collections from April 1 to August 11 have increased by 23.99 per cent over the same period of the previous year, reaching 8.13 lakh crore rupees. The Income Tax Department said that collections were 6.55 lakh crore rupees during the same period last year. Net collections were recor...