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January 16, 2025 9:24 AM
Hindenburg Research, known for short-selling activities, has been shut down by founder Nate Anderson. The decision comes amid the widespread controversial report on the India-based Adani group. Anderson did not cite a specific reason for the closure but said it's a personal decision and other member...
January 16, 2025 9:17 AM
The Organization of Petroleum Exporting Countries (OPEC) has forecast the global oil demand will grow by 1.43 million barrels per day (bpd) in 2026. The organization maintained its forecast for global oil demand growth of 1.45 million bpd this year. In a report, OPEC said the prediction for next yea...
January 15, 2025 9:15 PM
The Telecom Regulatory Authority of India (TRAI) today released the Draft Telecommunication Tariff Order, 2025, on the rationalization of Broadband Tariffs for Public Data Offices under the PM-WANI Scheme. This initiative is aimed at contributing to the broader objectives of the National Digital C...
January 15, 2025 7:28 PM
Oil prices rose today, as the market focused on potential supply disruptions from sanctions on Russian tankers. Brent Crude was trading at 80 dollars and 18 cents per barrel gaining over 0.3 percent. WTI Crude also added over 0.4 percent to trade at around 77 dollars and 85 cents per barrel, accordi...
January 15, 2025 7:24 PM
India's trade deficit stood at 21.94 billion dollars in December 2024, down from November's revised 32.84 billion dollars. Ministry of Commerce and Industry data showed that Merchandise exports in December rose to 38.01 billion dollars from November's 32.11 billion dollars, while imports fell to 5...
January 15, 2025 6:16 PM
Four out of five major Asian indices ended in negative today. Singapore's Straits Times index as well as China's Shanghai Composite Index, both fell 0.43 percent each, Japan's Nikkei ended marginally low by 0.08 percent and South Korea's Kospi ended flat. Meanwhile, Hong Kong's Hang Seng Index gai...
January 15, 2025 5:49 PM
In the Forex market, the rupee today appreciated by 27 paise to settle at 86 rupees and 36 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 109.04 in intra-day trade....
January 15, 2025 4:57 PM
A high-level delegation from Assam, led by Assam Cultural Affairs Minister Bimal Borah, arrived in the UAE for a four-day visit to showcase the state's investment potential ahead of the Advantage Assam 2.0 Summit scheduled for February 25-26, 2025, in Guwahati. "Assam stands at the cusp of unprec...
January 15, 2025 4:29 PM
Benchmark domestic equity indices today ended with modest gains for the second straight session. The 30-share index at Bombay Stock Exchange, Sensex, advanced 224 points, almost 0.3 percent, to close at 76,724. Similarly, the National Stock Exchange Nifty-50 added 37 points, or 0.16 percent, to ...
January 15, 2025 2:39 PM
In Telangana, the long cherished dream of the turmeric farmers in the state has become a reality with Union Minister for Commerce and Industry, Piyush Goyal inaugurating the National Turmeric Board in Nizamabad yesterday. During the launch, held virtually, the minister emphasised that the Board will...
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