Business

March 22, 2025 5:11 PM March 22, 2025 5:11 PM

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US Stocks Rise as Trump Signals Tariff Flexibility

US stocks ended in positive territory on Friday after comments from US President Donald Trump provided hope that previously announced tariffs expected to begin in early April may not be as burdensome as feared. Donald Trump said there will be flexibility on tariffs and that his top trade chief plans...

March 21, 2025 7:37 PM March 21, 2025 7:37 PM

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Sensex Rises 557 Points, Nifty Ends at 23,350; Rupee Gains 39 Paise

The benchmark domestic equity indices today ended the week's last trading session on a strong note, extending their winning streak for the fifth straight session amid buying across most sectors and renewed optimism over easing foreign selling. The broader market indices at the BSE also logged gains....

March 21, 2025 7:35 PM March 21, 2025 7:35 PM

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Gold & Silver Prices Decline in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over half a percent down at 88,650 rupees per 10 grams, while Silver 999 Fine was trading one percent down at 98,630 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the April contract was trading more than half ...

March 21, 2025 6:23 PM March 21, 2025 6:23 PM

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US stocks Ends Lower

US stocks closed with modest losses on Thursday in a choppy trade as investors gauged the latest round of economic data and the Federal Reserve's policy statement against tariff concerns. The Nasdaq Composite slipped over 0.3 per cent, the S&P 500 lost 0.22 per cent and the Dow Jones Industrial ...

March 21, 2025 6:01 PM March 21, 2025 6:01 PM

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Asian Stocks Slip; European Markets Trade in Red

Four out of five major Asian stocks logged losses today. Hong Kong's Hang Seng ended over 2.2 per cent down, China's Shanghai Composite index fell 1.3 per cent, Japan's Nikkei dropped 0.2 per cent and Singapore's Strait Times index slipped marginally by 0.1 per cent.   Conversely, South Korea's Kosp...

March 21, 2025 5:56 PM March 21, 2025 5:56 PM

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India’s Forex Reserves Rise to $654.27 Billion, Gold Reserves Up by $66 Million

India's foreign exchange reserves rose by 305 million dollars, reaching over 654.27 billion dollars in the week ending March 14. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, gold reserves rose by 66 million dollars, totalling over 74.39 ...

March 21, 2025 5:52 PM March 21, 2025 5:52 PM

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Rupee Gains 39 Paise to Close at 85.98 Against USD

In the Forex market, the rupee today strengthened by 39 paise to close at 85 rupees and 98 paise against the US dollar, supported by a positive trend in domestic equity markets and fresh foreign fund inflow. The dollar index, which indicates the US dollar's strength against a basket of six other lea...

March 21, 2025 4:51 PM March 21, 2025 4:51 PM

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Sensex, Nifty Extend Gains for 5th Day; Broader Markets Rally

The benchmark domestic equity indices today ended week's last trading session on a strong note, extending their winning streak for the fifth straight session amid buying across most sectors and renewed optimism over easing foreign selling. The 30-share index at the Bombay Stock Exchange, Sensex, adv...

March 21, 2025 1:24 PM March 21, 2025 1:24 PM

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Sensex jumps 633 points, Nifty up 186

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.8 per cent up in the afternoon trade today as fresh foreign fund inflows boosted market sentiment. The 30-share BSE Sensex gained 633 points to 76,981 and the NSE Nifty50 rose 186 points to 23,377 when reports last came in.

March 20, 2025 6:10 PM March 20, 2025 6:10 PM

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US stocks rise after Federal Reserve’s kept interest rate unchanged

US stocks rose on Wednesday after the Federal Reserve kept its benchmark overnight interest rate unchanged in the 4.25 per cent to 4.50 per cent range, indicating that two quarter-point interest rate cuts were likely later this year, the same median forecast as three months ago. The Nasdaq Composite...