Business

September 20, 2024 10:06 PM

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Enhanced insurance coverage for MSME exporters will boost exports

The Department of Commerce has focused on empowering exporters, streamlining processes, and promoting economic growth through innovative solutions during the first 100 days of the third term of the NDA government. The Ministry of Commerce and Industry, in a statement, said that during this period, s...

September 20, 2024 7:50 PM

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Major Asian markets traded in green, European in red    

                                        Major Asian stocks traded in positive territory today, riding on the strong rally in Japan's equity market as Nikkei advanced more than one and half percent. Hong Kong's Hang Seng Index added more than one percent, South Korea's Kospi rose nearly half per cent...

September 19, 2024 6:45 PM

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Market ended with modest gains, Rupee appreciated by 7 paise against US dollar

India's equity benchmark indices ended with modest gains after hitting record highs in intra-day trade, following the US Federal Reserve’s decision to cut interest rates by 50 basis points. At the close, the Sensex gained 236 points, or 0.2 percent, to reach 83,184, while the NSE Nifty was marginall...

September 18, 2024 7:34 PM

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Indian rupee appreciates marginally to ₹83.72 per US Dollar

In the Forex market today, Indian rupee today appreciated marginally to close at 83 rupees 72 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 100.86 in intra-day trade.

September 18, 2024 3:11 PM

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Sensex and Nifty trade low; Sensex Drops 164 points and Nifty Falls by 66 points

Domestic benchmark indices Sensex and Nifty are trading low after hitting their fresh highs in the intra-day trade.   BSE Sensex was trading down 164 points to 82,915, and Nifty-50 was at 25,352 with a fall of 66 points. Both the indices logged losses around 0.2 percent a short while ago. &nbsp...

September 17, 2024 7:27 PM

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Indian Bullion Market: Gold & Silver Prices Dip Slightly

In the Indian Bullion Market, the 24 Karat Gold was trading 0.26 per cent down at 73,630 rupees for 10 Grams and Silver 999 Fine, was also trading 0.23 per cent down at 89,350 rupees per one kilogram, a short while ago.   At Multi Commodity Exchange, Gold and Silver prices were trading down tod...

September 17, 2024 7:20 PM

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Two out of three US stocks edged higher

Two out of three US stocks edged higher yesterday ahead of the crucial Federal Reserve policy decision this week.   Dow Jones Industrial Average advanced more than half percent and S&P 500 increased over 0.1 percent. Meanwhile, the Nasdaq Composite fell more than half a per cent.

September 17, 2024 6:36 PM

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Brent at $72.84, WTI at $70.27

Crude oil prices traded higher today driven by ongoing disruptions to the US oil infrastructure.   In the global crude market, Brent crude was trading 0.1 per cent up to trade at 72 dollars and 84 cents per barrel and the U.S. West Texas Intermediate (WTI) was trading 0.2 per cent up at 70 dollars a...

September 17, 2024 5:31 PM

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2 out of 5 major indices ended higher

The Asian stocks displayed a mixed trend as two out of five major indices ended higher. Hong Kong's Hang Seng advanced more than one per cent and Singapore's Straits Times Index rose more than half per cent. Meanwhile, Japan's Nikkei slipped more than one per cent. Markets in China and South Korea w...

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