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February 24, 2025 7:15 PM

Oil prices on rise

Oil prices rose today as traders awaited clarity on talks between Russia and the United States for ending the war in Ukraine. Brent Crude was trading up by 0.2 percent at 74 dollars and 59 cents per barrel, and WTI Crude also added over 0.2 percent to trade at around 70 dollars and 55 cents per barr...

February 24, 2025 7:00 PM

Rupee remains unchanged against US dollar

In the Forex market, the rupee today remained unchanged at 86 rupees and 70 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 106.61 in intra-day trade. ...

February 24, 2025 6:33 PM

Domestic markets slump a bit before closing

 The benchmark domestic equity indices fell over one percent today, in line with the decline in global equities. The 30-share index at the Bombay Stock Exchange, Sensex, declined 857 points, to close at 74,454. Similarly, the National Stock Exchange Nifty-50 lost 242 points to settle at 22,553. The...

February 24, 2025 11:35 AM

Sensex sheds 732 points, Nifty drops 223

The Benchmark domestic equity indices, Sensex and Nifty, were trading with losses in the morning trade, amid weak global cues. The 30-share BSE Sensex shed 732 points to 74,578 while the NSE Nifty50 lost 223 points to 22,572 when reports last came in....

February 21, 2025 8:42 PM

India’s Forex Reserves Dip by $2.54 Billion After 3 Weeks of Growth: RBI

India's foreign exchange reserves dropped by 2.54 billion dollars, reaching over 635.7 billion dollars in the week ending February 14, according to the latest data released by the Reserve Bank of India (RBI). This decline follows three consecutive weeks of growth in the reserves.   During the las...

February 21, 2025 8:02 PM

RBI Deputy Governor Warns Against Excessive Borrowing & Market Euphoria

Reserve Bank of India (RBI) Deputy Governor Rajeshwar Rao has raised concern over excessive borrowing in unsecured loans and the euphoria in derivative capital markets. Mr. Rao said this while addressing the 2nd Annual Conference on Macroeconomics, Banking, and Finance in Mumbai today. The conferenc...

February 21, 2025 7:39 PM

Gold & Silver Prices Dip in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading 0.21 percent down at 86,070 rupees per 10 grams, and Silver 999 Fine was trading 0.14 percent down at 97,360 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold was trading with losses today. The precious metal, for the...

February 21, 2025 5:47 PM

Oil Prices Dip but Head for Weekly Gain Amid Supply Concerns

Oil prices fell today but were on track for a weekly rise due to concerns over supply disruptions in Russia. Meanwhile, the US's commercial crude oil inventories increased by 4.6 million barrels to 432.5 million barrels in the week ending 14th February, while gasoline and distillate inventories fell...

February 21, 2025 5:28 PM

Asian Markets Rally; European Indices Trade in Green

Major Asian indices logged gains today. Hong Kong's Hang Seng surged over 3.8 percent, China's Shanghai Composite rose over 0.8 percent, and Japan's Nikkei increased over 0.2 percent, while Singapore's Straits Times index as well as South Korea's Kospi both ended nearly flat. Major European indices ...

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