Business

May 31, 2024 7:29 PM May 31, 2024 7:29 PM

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RBI brings back 100 tonnes of Gold from Vault of UK to India

The Reserve bank of India brings back 100 tonnes of Gold from the Vault of UK to India. This is a major shift in the Economic Policy of the RBI, as it will now hold most of its Gold in its own vault.   These changes have significant implications for India’s economic sovereignty and global market dyn...

May 31, 2024 4:25 PM May 31, 2024 4:25 PM

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Sensex adds 75 points, Nifty settles at 22,531

The Domestic Benchmark indices, Sensex and Nifty snapped its five days fall and ended in green on Friday amid mixed Global cues.     The BSE Sensex added 75 points, or 0.1 percent, to close at 73,961. The NSE Nifty was up 42 points, or 0.19 percent, to 22,531 at the closing bell. In the Global Crude...

May 30, 2024 9:32 PM May 30, 2024 9:32 PM

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RBI projects 7% Real GDP growth in current financial year

The Reserve Bank of India (RBI) has projected a 7 percent GDP growth in the current financial year.  In its annual report, it said the real GDP growth for 2024-25 is projected to grow at 7 per cent with risks evenly balanced. The central bank said the Indian economy expanded at a robust pace in fisc...

May 31, 2024 8:27 PM May 31, 2024 8:27 PM

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The Domestic Benchmark indices, Sensex and Nifty ended in Green today. The market opened higher in early trade and remained positive despite sharp drop at the closing bell.

The BSE Sensex added 75 points, or 0.1 percent, to close at 73,961. The NSE Nifty was up 42 points, or 0.19 percent, to settle at 22,531.   In the forex market, the Indian rupee ended at 83 rupees and 49 paise against the US dollar.   In the Global Commodity Exchange, Gold, for 5th June contract, wa...

May 29, 2024 7:46 PM May 29, 2024 7:46 PM

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4 out of 5 Asian Majour Indices negative on Wednesday

4 out of 5 Asian Majour Indices are negative today. China's Shanghai Composite Index inched marginally up by 0.05 per cent, Hong Kong's Hang Seng Index lost 1.86 per cent, South Korea's Kospi down by 1.7 per cent , Japan's Nikkei fell 0.77 per cent and Singapore's Straits Times index slid 0.21 per c...

May 29, 2024 7:27 PM May 29, 2024 7:27 PM

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Sensex and Nifty fell for 4th day, amid negative queues from Global share markets

Sensex and Nifty fell for the 4th day in a row. amid negative queues from the Global share markets. The BSE Sensex shed 668 points, or 0.89 percent, to close at 74503. The NSE Nifty dropped 183 points, or 0.8 per cent, to settle at 22705. In the broader market at the BSE, the Mid-Cap index decreased...