Business

September 3, 2024 1:59 PM

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World Bank raises India’s GDP growth forecast to 7% for FY 2024-25

The World Bank has raised India's growth forecast for Financial Year 2024-25 to seven percent, up from an earlier projection of 6.6 per cent. The international financial institution stated that the country's economic growth will remain strong over medium term, driven by key factors such as private c...

September 2, 2024 8:01 PM

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Gold and Silver prices trades down

In the Indian Bullion Market, the 24 Karat Gold was trading 0.03 rupees down at 71,850 rupees for 10 Grams. Silver 999 Fine, was also trading 0.80 rupees down at 84,410 rupees per one kilogram, when the reports last came in.   At Multi Commodity Exchange, Gold and Silver prices were trading dow...

September 2, 2024 7:18 PM

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Oil prices continue to sink, extends loss from end of last week

Oil prices slipped today, extending losses from the end of last week on expectations of higher OPEC+ production from October and supply concerns.   In the global crude market, Brent crude was trading 0.06 percent down to trade at 76 dollars and 88 cents per barrel. The U.S. West Texas Intermedi...

September 2, 2024 7:56 PM

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Indian rupee lost 7 paise against U.S. dollar

In the Forex market today, Indian rupee lost 7 paise to end at 83 rupees and 92 paise against the U.S. dollar due to disappointing domestic macroeconomic data. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 101.72 in intra-day t...

September 2, 2024 6:51 PM

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Domestic Stock Indices hit record high

Domestic Stock Indices hit their record highs despite the noon trade being lacklustre. At the closing bell, the BSE Sensex gained 194 points, or 0.24 percent, to close at 82,560. The NSE Nifty rose 43 points, or 0.17 percent, to close at 25,279. In NSE, 183 Companies hit their 52 week high, 22 hit t...

September 2, 2024 7:13 PM

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3 out of 5 major Asian indices hits gain

Three out of five major Asian indices today logged gains. Singapore's Straits Times Index surged 0.61 percent, South Korea's Kospi increased 0.25 percent and Japan's Nikkei was up by 0.14 percent. Conversely, Hong Kong's Hang Seng Index plunged 1.68 percent and China's Shanghai Composite Index decli...

September 2, 2024 4:23 PM

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Sensex Nifty trades continue upward march in week’s first trading session

India's equity benchmark indices, Sensex and Nifty traded positively today, continuing their upward march in the week's first trading session. Meanwhile, in the intra-day trade, both the indices touched fresh record highs.   At the closing bell, the Sensex, which is pack of 30 companies was up ...

September 2, 2024 3:13 PM

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Sensex and Nifty trade high at record peaks

Domestic benchmark indices, Sensex and Nifty, are trading on a positive note in intra-day trade, after both indices opened at record highs today. At 1:30 p.m., the BSE Sensex advanced by 122 points or 0.15 percent to 82,488, and the Nifty50 was also trading up at 25,259, with a rise of 23 points or ...

September 2, 2024 11:07 AM

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Sensex and Nifty Reach All-Time Highs in Early Trade Amid Strong Foreign Inflows

  Domestic benchmark equity indices, Sensex and Nifty, hit new all-time highs in early trade today, driven by strong foreign fund inflows. The 30-share BSE Sensex soared 360 points to reach a new record peak of 82,725 points during early trade. The NSE Nifty jumped 98 points to hit a fresh all-...

September 2, 2024 12:02 PM

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GST collections grow 10 percent to 1.75 lakh crore rupees in August year-on-year

The Goods and Services Tax (GST) collections stood at 1.75 lakh crore rupees in the month of August, reflecting a 10 percent increase compared to 1.59 lakh crore rupees in the same month last year. Central government collected 30,862 crore rupees, while states collected states 38,411 crore rupees, b...

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