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May 22, 2024 6:04 PM

4 major Asian Indices end in negative; Gold and silver prices decline

Four out of five major Asian Indices ended in negative territory today. The China's Shanghai Composite Index inched up 0.02 percent, Singapore's Straits Times index shed 0.2 percent, Hong Kong's Hang Seng Index lost 0.13 percent, South Korea's Kospi marginally down by 0.03 percent and Japan's Nikkei...

May 22, 2024 5:38 PM

RBI approves transfer of Rs 2.11 Lakh Cr as surplus to govt

The Reserve Bank of India (RBI) has approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24. The same was approved during the 608th meeting of the Central Board of Directors of the Reserve Bank of India, which was held in Mumbai today.   Acc...

May 21, 2024 6:18 PM

Sensex, Nifty 50 end flat amid volatile session

Indian stock market benchmarks, the Sensex and the Nifty 50, ended almost flat today, in a volatile session, with Nifty managing to hold above 22,500.  At close, the 30-share BSE benchmark Sensex was down 53 points or 0.07 per cent, settling at 73,953. Meanwhile, NSE Nifty witnessed a gain of 27...

May 21, 2024 4:51 PM

Indian Exporters Showcase Sustainable Fashion at Dubai’s IATF

Over 35 Indian apparel exporters, primarily from the MSME segment, are participating in the 17th edition of the International Apparel and Textile Fair (IATF) in Dubai to showcase their sustainable and eco-friendly apparel products. According to the Apparel Export Promotion Council (AEPC), the Indian...

May 20, 2024 7:19 PM

All Key Asian stocks end in green; Major European markets trade higher

All Key Asian stocks ended in green today. Japan's Nikkei-225 jumped 0.72 percent, Korea's Kospi gained 0.64 percent, China's Shanghai Composite rose 0.54 per cent, Hong Kong's Hang Seng Index up 0.42 percent and Singapore's Straits Times Index added 0.02 percent.   Major European markets were tr...

May 20, 2024 7:14 PM

Stock market holiday: BSE, NSE remain shut for Lok Sabha polling

Indian equity benchmarks, the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed today. This is due to the fifth voting phase for the Lok Sabha Election 2024 in Mumbai, marking the second holiday of the month. There was a special trading session on Saturday last week to offset ...

May 20, 2024 6:42 PM

Oil prices steadied amidst political uncertainty in key oil-producing nations

Oil prices steadied today amidst political uncertainty in key oil-producing nations. The sudden death of Iran's president Ebrahim Raisi and the cancellation of Saudi Arabia's crown prince's trip to Japan, citing the king's health concerns, fueled the market's unease. The Brent Crude Oil futures...

May 18, 2024 8:12 PM

US crude oil prices push past $80

U.S. crude oil prices pushed past $80 with the global benchmark Brent crude also enjoying its first weekly gain since mid-April on Chinese industrial output data and U.S. consumer prices, both of which came in more favorably than anticipated for April.     Brent crude increased by 0.8 percent ...

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