Business

April 29, 2025 6:29 PM April 29, 2025 6:29 PM

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Oil prices down due to US-China trade war

 Oil prices slipped today as investors lowered their demand growth expectations due to the trade war between the United States and China. Brent Crude was trading over 1.7 per cent down at 64 dollars and 73 cents per barrel. WTI Crude was also down by 1.6 per cent at 61 dollars and four cents per bar...

April 28, 2025 5:41 PM April 28, 2025 5:41 PM

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India’s Index of Industrial Production accelerates to 3% in March

India’s industrial production growth, measured by the Index of Industrial Production (IIP) accelerated to 3 percent in March, as compared to the revised growth rate of 2.7 percent in February, according to the data released by the Ministry of Statistics and Programme Implementation. Among the three ...

April 28, 2025 5:24 PM April 28, 2025 5:24 PM

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Domestic markets trade strongly amid positive global cues; end 1.2% up

The benchmark domestic equity indices today ended over 1.2 per cent up, fuelled by strong earnings reports and significant gains in energy, oil and gas and PSU bank stocks. The 30-share index at the Bombay Stock Exchange, Sensex, surged 1,006 points to close at 80,218. The National Stock Exchange Ni...

April 27, 2025 7:50 PM April 27, 2025 7:50 PM

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Gold Prices Drop 1.2% as Dollar Rises, Silver Continues Upward Trend

Gold prices fell 1.2 percent during the last week as the dollar rose and signs of easing US-China trade tensions weighed on bullion prices. Global gold prices ended the week at 3,298 dollars an ounce.   The US dollar, meanwhile, rose and was on track for its first weekly gain since March, making bul...

April 25, 2025 6:39 PM April 25, 2025 6:39 PM

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NSE Extends Condolences, Donates 1 Crore to Pahalgam Attack Victims’ Families

The National Stock Exchange of India (NSE) has extended its condolences and support to the victims of the tragic terror attack that occurred in Pahalgam, Jammu and Kashmir, on 22nd April 2025.   In response to the tragedy, NSE has pledged  1 crore rupees in aid, offering 4 lakh rupees each to t...

April 24, 2025 4:58 PM April 24, 2025 4:58 PM

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US stocks advance amid hopes of progress in US-China trade talks

All three major US indices advanced on Wednesday amid revived hopes for progress in the US-China trade dispute. The indices saw strong gains across the board, with the Nasdaq Composite leading the way, up by 2.5 percent, the S&P 500 gained over 1.6 percent, and Dow Jones Industrial Average rose ...

April 23, 2025 9:58 PM April 23, 2025 9:58 PM

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RBI Governor says domestic demand places Indian economy better despite global slowdown

Amidst heightened trade and policy uncertainties, RBI Governor Sanjay Malhotra has said that the Indian economy remains less exposed and better placed to withstand spillovers from global growth slowdown, elevated financial markets volatility and dented consumer and investor confidence as India’s gro...

April 24, 2025 6:55 PM April 24, 2025 6:55 PM

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Oil prices high after early losses

Oil prices rose today, recovering from losses suffered earlier in the session, as investors weighed a potential OPEC+ output increase against conflicting tariff signals from the White House and ongoing US and Iran nuclear talks. Brent Crude was trading over one percent up at 66 dollars and 83 cents ...