Business

July 16, 2024 8:21 PM July 16, 2024 8:21 PM

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Budget 2024: FM Sitharaman marks final preparations with ‘Halwa’ ceremony

The final stage of the Budget preparation process for Union Budget 2024-25 commenced with the customary Halwa ceremony in the presence of Union Finance Minister Nirmala Sitharaman in New Delhi on Tuesday. The Halwa ceremony was also attended by Minister of State for Finance, Pankaj Chaudhary along w...

July 16, 2024 8:19 PM July 16, 2024 8:19 PM

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Prices of Chana, Tur, Urad in major mandis declined by 4% in past one month

Secretary, Department of Consumer Affairs Nidhi Khare has said that prices of Chana, Tur and Urad in major mandis had declined by up to four per cent in past one month. She said, however retail prices of these commodities have not seen similar decline. She pointed out the diverging trends between wh...

July 16, 2024 1:38 PM July 16, 2024 1:38 PM

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Stock Market: BSE Sensex climbed over 230 points & NSE Nifty rallied over 74 points

The Indian benchmark indices once again opened on a positive note today, with the Sensex and Nifty hitting their new all-time highs for third session in a row.   Foreign fund inflows and a rally in the US markets contributed to the rise in the late morning trade. The 30-share BSE Sensex climbed over...

July 15, 2024 10:06 PM July 15, 2024 10:06 PM

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Market Update: Sensex & Nifty touch record highs 

Benchmark domestic equity indices, Sensex and Nifty, saw record highs today. The BSE Sensex gained 146 points, or 0.18 percent, to close at 80,665. The NSE Nifty advanced 85 points, or 0.35 percent, to close at 24,587. Vigorous foreign fund inflows helped indices to hit new peaks. Foreign institutio...

July 15, 2024 7:17 PM July 15, 2024 7:17 PM

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India’s June 2024 exports hit $65.47 Bn; June 2024 Imports reach $73.47 Bn

India’s total exports (Merchandise and Services) combined for June 2024 are estimated at 65.47 Billion US Dollars, registering a positive growth of 5.4 percent compared to the same period last year. As per the data released by the Ministry of Commerce and Industry today, Total Import, (Merchandise a...

July 14, 2024 5:30 PM July 14, 2024 5:30 PM

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Global gold prices rise for 3rd week in a row

Global gold prices rose for the third week in a row as investors grew confident that the US Federal Reserve was on track to lower interest rates soon. Gold prices rose 1 percent this week to end above the key 2,400 dollars per ounce at 2,420.70 dollars per ounce on Friday. Gold prices rallied to the...

July 14, 2024 5:43 PM July 14, 2024 5:43 PM

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Foreign investors pump in nearly Rs 24,000 cr into Indian markets in 1st half of July

Foreign investors pumped in nearly 24,000 crore rupees into the Indian capital markets in the first half of July. As per the depositories data, foreign portfolio investors, or FPIs, invested 15,352 crore rupees in equities and 8,484 crore rupees in the debt market, taking the net investment into the...

July 12, 2024 9:04 PM July 12, 2024 9:04 PM

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India’s forex reserves hit all-time high of 657.16 bn dollar

India’s forex reserves hit an all-time high in the week ended on 5th of this month. According to data released by the Reserve Bank of India on Friday (12th July 2024), the stockpile grew by 5.2 billion Dollar to 657.16 billion Dollar in that week. Earlier, the reserves had touched an all-time high o...

July 12, 2024 7:50 PM July 12, 2024 7:50 PM

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Sensex gains 622 points; Nifty jumps 186 points

The benchmark domestic indices on Friday (12th July 2024) hit fresh all-time highs, primarily led by gains in IT and Teck stocks. The Sensex and the Nifty rose around 0.8 percent each. The Sensex closed at 80,519 with a gain of 622 points and Nifty-50 jumped 186 points to settle at 24,502.     In th...

July 12, 2024 7:48 PM July 12, 2024 7:48 PM

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Gold and Silver prices trade lower at Multi Commodity Exchange

At Multi Commodity Exchange, Gold and Silver prices traded lower on Friday (12h JUly 2024). The precious metal, for August contract, was trading at 73,047 rupees per 10 grams, whereas Silver for July contract, was trading at 92,813 rupees per kilogram when the reports last came in. In the global mar...