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September 14, 2023 5:36 PM

Rupee closes at 83.04 against US dollar

In the forex market, the rupee today closed at 83 rupees and four paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 104.70 in intra-day trade....

September 14, 2023 5:32 PM

Wall Street closed mixed after underlying inflation remained slow

Wall Street closed mixed yesterday after data showed underlying inflation remained on its slow and downward trajectory. The Nasdaq Composite index advanced 0.3 percent and the S&P 500 added 0.1 percent. On the other hand, the Dow Jones Industrial Average slipped 0.2 percent....

September 14, 2023 3:56 PM

Stock Market: Sensex to trade at 67,411, Nifty at 20,065

The key domestic share indices were trading almost flat in the afternoon trade. The BSE Sensex was down 56 points to trade at 67,411. The NSE Nifty also fell four points to trade at 20,065, a short while ago. Cues from global share markets were also mixed....

September 13, 2023 4:46 PM

Wall Street ends lower as Oracle tumbles on weak forecast

Wall Street stocks ended lower as Oracle shares tumbled more than 13 per cent after a weak forecast and surging oil prices deepened worries about persistent price pressures ahead of crucial inflation readings this week. Oil prices jumped more than one per cent , building on a recent rally and stokin...

September 13, 2023 4:31 PM

Crude prices trade above 85 dollars per barrel in recent weeks

Supply cuts by oil-producing countries to keep crude prices elevated. Crude oil prices have gained momentum since July after Saudi Arabia, the world's largest producer of crude oil, slashed supply by an additional one million barrels per day. Crude prices are trading above 85 dollars per barrel...

September 13, 2023 2:20 PM

India is the largest export partner of Bangladesh, says Government

The Government today said that India is the largest export partner of Bangladesh; more so than Japan and China. Speaking at exploring new trade routes, India's North East to the Bay of Bengal via Bangladesh Transit Agreement in Agartala, joint secretary (Bangladesh and Myanmar) in the ministry ...

September 13, 2023 7:57 AM

Index of Industrial production jumps to five month high by 5.7% in July 2023

The index of industrial production jumped to five month high. As per the Ministry of Statistics and Programme Implementation data, IIP grew by 5.7 percent in July this year as compared to 3.7 percent in June 2023. It was 2.2 percent in July 2022. Manufacturing sector having 77 percent weightage...

September 12, 2023 8:35 PM

Retail inflation based on CPI slips to 6.83% in August 2023

Retail inflation, based on Consumer Price Index (CPI), slipped to 6.83 percent in August this year. According to the Ministry of Statistics and Programme Implementation data released today, rural areas saw a slightly higher inflation rate at 7.02 percent compared to urban areas at 6.59 percent. ...

September 11, 2023 9:20 PM

G20 Summit: Nifty hits 20,000 mark first time ever

National Stock Exchange's (NSE) benchmark index, Nifty 50, hit the 20,000 mark for the first time today, on the following day of the G20 Summit. NSE’s Managing Director and Chief Executive Officer Ashishkumar Chauhan said it reflects the increasing trust the world has in the leadership of Ind...

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