Business

August 12, 2024 6:03 PM August 12, 2024 6:03 PM

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Brent & WTI Crude Prices Rise Nearly 1% in Global Market

Brent and WTI Crude are trading nearly one per cent up in the Global Crude Market today.   Brent crude increased one per cent, to 80 dollars and 46 cents per barrel. The U.S. West Texas Intermediate (WTI) is up nearly 1.2 per cent, to 77 dollars and 76 cents per barrel, when reports last came in.

August 12, 2024 5:30 PM August 12, 2024 5:30 PM

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European Indices Show Gains with FTSE Leading, CAC 40 Flat 

While Japan's Nikkei is closed due to a local holiday, two of the four major Asian Indices end in Green today.   South Korea's Kospi is up by 1 per cent, Hong Kong's Hang Seng Index added over 0.1 per cent, China's Shanghai Composite Index dropped more than 0.1 per cent, and Singapore's Straits...

August 12, 2024 2:01 PM August 12, 2024 2:01 PM

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Sensex and Nifty Rebound After Early Losses

Benchmark Indian equity indices, Sensex and Nifty, recovered from their early losses in today's intra-day trade and were trading in positive territory a short while ago. The BSE Sensex surged 223 points, or 0.28 percent, reaching 79,928 points, while the NSE Nifty climbed 53 points, or 0.22 percent,...

August 12, 2024 8:11 AM August 12, 2024 8:11 AM

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AMFI Condemns Hindenburg Report, Defends SEBI Chairperson Madhabi Puri

Association of Mutual Funds in India (AMFI) has condemned the latest Hindenburg report against SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch. In a statement, AMFI said, the US short-seller is trying to create a trust deficit in market ecosystem and create unnecessary hurdles in the ...

August 11, 2024 7:15 PM August 11, 2024 7:15 PM

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Global gold prices decline from record highs amid falling US Treasury yields

Global gold prices fell from the record highs this week on dip in US Treasury yields as investors grew confident that the Federal Reserve would lower interest rates in September.   Gold prices declined nearly 1% this week to close the week at 2,473 dollars per ounce, coming off near record-high leve...