Business

March 17, 2025 5:03 PM March 17, 2025 5:03 PM

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Sensex Rises 341 Points, Nifty Ends at 22,509

The benchmark domestic equity indices settled the session on a positive note on Monday. Sensex jumped 341 points, or 0.46% to close at 74,170. Nifty too broke the two-day slump, and added 112 points, or 0.50% to settle at 22,509. Global crude oil prices saw an uptick today. The Brent crude oil price...

March 15, 2025 4:44 PM March 15, 2025 4:44 PM

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Domestic Markets End Lower Amid Weak Global Cues

After posting strong gains in the previous week, the domestic markets remained rangebound and closed slightly lower this week due to weak global cues. However, the positive domestic data points, including industrial production and retail inflation, provided some relief. The broader indices erased so...

March 15, 2025 3:15 PM March 15, 2025 3:15 PM

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India’s Trade Grows Amid Global Slowdown: UNCTAD Report

India's trade saw strong growth during the last quarter of 2024, according to a new report by the United Nations Conference on Trade and Development (UNCTAD). The report highlights that while global trade expanded significantly in 2024, many developed nations faced trade contractions. However, India...

March 14, 2025 6:54 PM March 14, 2025 6:54 PM

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India’s Forex Reserves Surge by $15.26 Billion, Cross $653.96 Billion Mark

India's foreign exchange reserves surged by 15.26 billion dollars, reaching over 653.96 billion dollars in the week ending March 7, bolstered by the Reserve Bank of India’s (RBI) currency swap operations last month. According to the Weekly Statistical Supplement released by the RBI, Foreign currency...

March 13, 2025 6:13 PM March 13, 2025 6:13 PM

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1.31 lakh metric tonnes of Tur procured, benefiting 89,219 farmers

Tur procurement has picked up in major Tur-producing states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Telangana. According to the Ministry of Agriculture & Farmers Welfare, a total of 1.31 lakh metric tonnes of Tur (Arhar) has been procured, benefiting 89,219 farmers in these state...

March 13, 2025 4:20 PM March 13, 2025 4:20 PM

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Sensex Falls 201 Points, Nifty Drops 73 Points Amid Volatility

The benchmark domestic equity indices on Thursday failed to hold initial gains and ended with modest losses. The 30-share index at the Bombay Stock Exchange, Sensex, fell 201 points, or 0.27 percent, to close at 73,829. The National Stock Exchange Nifty-50 also lost 73 points, or 0.33 percent, to se...

March 13, 2025 1:45 PM March 13, 2025 1:45 PM

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BSE, NSE to remain closed on March 14 for Holi

The Bombay Stock Exchange and the National Stock Exchange will be closed for trading tomorrow in observance of the Holi festival. Trading in the equity, equity derivatives, securities lending and borrowing, and currency derivatives segments will also remain suspended tomorrow. Meanwhile, the commodi...

March 12, 2025 8:14 PM March 12, 2025 8:14 PM

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Oil prices show upward trend despite fear of recession

Despite recession fears and tariff concerns, oil prices continued to show an upward trend, in International markets. Brent Crude was trading over one percent up at 70 dollars and 20 cents per barrel. WTI Crude was also trading over 1.1 percent up at 66 dollars and 99 cents per barrel when reports la...

March 12, 2025 8:12 PM March 12, 2025 8:12 PM

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US stock markets remained under pressure

    After the steep fall on Monday, US stock markets stayed under pressure on Tuesday. The day started off on a negative note, as investors reacted to President Trump's fresh threats of doubling tariff to 50 percent on imports of steel and aluminium from Canada in response to Ontario's 25 percent ta...

March 12, 2025 8:09 PM March 12, 2025 8:09 PM

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Rupee strengthens, settles at 87.19 Rs against US dollar

In the Forex market, the rupee today strengthened by two paise to settle at 87 rupees and 19 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies was at 103.62 in intra-day trade .