Business

August 20, 2024 7:07 PM

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Sensex Rises 0.47% to 80,803; Nifty Up 0.51% to 24,699

Domestic Stock Indices, Sensex and Nifty registered a gain of around half a percent. At the closing bell, the BSE Sensex closed 378 points, or 0.47 percent higher at 80,803. the NSE Nifty also ended up by 126 points, or 0.51 percent, at 24,699. In the broader market at the BSE, the Mid-Cap Index ros...

August 20, 2024 5:35 PM

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Indian Rupee Gains 8 Paise to Close at 83.79 Against US Dollar

In the Forex market today, the Indian rupee appreciated eight paise to close at 83 rupees and 79 paise against the U.S. dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was marginally down by 0.07 percent to deal at 101.81, in intra-day...

August 20, 2024 11:08 AM

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Government wants Malaysia to invest in India’s oil & Gas sectors

Union Minister of Commerce and Industry Piyush Goyal underscored the significance of enhancing trade relations between India and Malaysia. During the India-Malaysia CEOs Forum in New Delhi, Mr. Goyal emphasized various opportunities for deepening collaboration that could bolster trade and business t...

August 20, 2024 6:52 AM

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RBI issues strict guidelines protecting investors’ interest

The Reserve Bank of India (RBI) has announced stringent new guidelines aimed at curbing malpractices and protecting investor interests. The fresh regulations, effective immediately, prohibit P2P platforms from assuming credit risks, offering credit enhancements, or guarantees. This directive ensures...

August 19, 2024 9:43 PM

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Three out of five indices in green in Asian market

In Asian market three out of five indices are in green today. Hong Kong's Hang Seng Index gained 0.79 percent, China's Shanghai Composite Index rose 0.49 percent and Singapore's Straits Times index added marginally by 0.08 percent. On the other side Japan's Nikkei-225 slid 1.8 percent and South Kore...

August 19, 2024 7:49 PM

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Oil prices eased amid concern on China demand fears

Oil prices eased on Monday (19th August 2024) amid concern over demand in top oil importer China weighed on market sentiment.   The global oil benchmark Brent crude down by 0.67 percent, to 79 dollars and 15 cents per barrel. The U.S. West Texas Intermediate (WTI) is trading down, 0.72 percent to 76...

August 19, 2024 7:36 PM

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Rupee appreciates eight paise to close at Rs 83.87 against US dollar

In the Forex market on Monday (19th August 2024) , the Indian rupee appreciated eight paise to close at 83 rupees and 87 paise against the U.S. dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was down by 0.25 percent at 102.21 in intra...

August 19, 2024 7:05 PM

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Sensex sheds 12 points; Nifty added 32 points

Domestic Stock Indices, Sensex and Nifty ended flat in a lacklustre trading session. The session began positive, with the Sensex opening at 80,680 and Nifty at 24,636 but trading remained range-bound throughout the day. FIIs remained net sellers, offloading 8,616 crore rupees, while DIIs continued b...

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