Business

September 18, 2023 7:58 PM

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RBI says any reversion to OPS from NPS by States would be fiscally unsustainable

Reserve Bank of India has said that any reversion to the Old Pension Scheme (OPS) from the New Pension Scheme (NPS) by the States would be fiscally unsustainable, though it may result in an immediate fall in their pension outgo.  It also said that at a time when most of the countries are moving...

September 15, 2023 5:42 PM

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Rupee closes at 83.18 against US dollar

In the forex market, the rupee today closed at 83 rupees and 18 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 105.20 in intra-day trade.

September 15, 2023 5:36 PM

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Gold price rise Rs 240, trade at Rs 58,830/ 10 gram

Gold was trading up today at Multi Commodity Exchange for October contracts. The precious was up 240 rupees at 58,830 rupees per 10 grams. Silver was also gained by 1,285 rupees to trade at 72,265 rupees per kilogram for December Contracts when reports last came in.   In the global markets, gol...

September 14, 2023 7:39 PM

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Asian stock markets end in green

Asian stock markets today ended in the green. South Korea's Kospi advanced one and a half percent and Japan's Nikkei-225 traded 1.4 percent up. Singapore's Straits Times index appreciated 0.95 percent. Hong Kong's Hang Seng index added 0.2 percent and  China's Shanghai ...

September 14, 2023 5:36 PM

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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

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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

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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

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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...

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