Business

April 1, 2025 7:04 PM April 1, 2025 7:04 PM

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Oil prices decline

Oil prices declined today. Brent Crude was trading 0.19 per cent down at 74 dollars and 63 cents per barrel. WTI Crude was also trading almost 0.18 per cent down at 71 dollars and 35 cents per barrel when reports last came in.

March 1, 2025 6:30 PM March 1, 2025 6:30 PM

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GST collection for Feb shows jump of 9.1 % compared to same month last year

India’s gross Goods and Services Tax, GST, collections jumped 9.1 percent in February to 1.84 lakh crore rupees in comparison to same month last year. February marks the 12th consecutive month of over 1.7 lakh crore rupees of collections. As per the data, mop up from Central GST stood at 35,204 cror...

February 28, 2025 8:24 PM February 28, 2025 8:24 PM

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Gold & Silver Prices Dip in Indian Bullion Market Amid Market Losses

In the Indian Bullion Market, 24 Karat Gold was trading over 0.80 percent down at 84,760 rupees per 10 grams, while Silver 999 Fine was also trading around one percent down at 94,700 rupees per kilogram a short while ago.   At the Multi Commodity Exchange, gold was trading with losses today. The pre...

February 28, 2025 8:10 PM February 28, 2025 8:10 PM

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Rupee Ends at 87.51 Against US Dollar as Dollar Index Rises to 107.29

In the Forex market, the rupee today ended at 87 rupees and 51 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 107.29 in intraday trade.

February 28, 2025 8:07 PM February 28, 2025 8:07 PM

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Sensex-Nifty Suffer Significant Losses as Markets Face Sharp Correction

The benchmark domestic equity indices witnessed a significant downturn today, with both the Sensex and Nifty ending in negative territory. The Sensex plunged by 1,414.33 points, or 1.90 percent, to settle at 73,198.10. The Nifty tumbled 420.35 points, or 1.86 percent, to 22,124.70. The domestic stoc...

February 28, 2025 7:18 PM February 28, 2025 7:18 PM

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US Markets Slide as Nvidia Shares Plunge, Weak Economic Data Raises Recession Fears

US markets fell yesterday, weighed down by a slump in chipmaker Nvidia as investors focused on data pointing to a cooling US economy. The Nasdaq tumbled 2.8% to 18,544 points. It was the Nasdaq's deepest one-day percentage drop in a month. The S&P 500 dropped 1.6% to end at 5,861 points. The Dow...

February 28, 2025 6:27 PM February 28, 2025 6:27 PM

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Asian Markets decline as Trump’s Tariff Plans Rattle Investors

Key Asian markets declined today, with benchmarks in Japan, Hong Kong, and South Korea tumbling more than 2 percent as US President Donald Trump’s decision to push ahead with 25 percent tariffs on imports from Mexico and Canada and to double tariffs on Chinese products to 20% left investors reeling....

February 28, 2025 6:22 PM February 28, 2025 6:22 PM

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Global Crude Oil Prices Drop Amid US Economic Slowdown & Global Growth Concerns

Global crude oil prices fell today over global economic growth, fuel demand, and signs of a US economic slowdown. The Brent crude oil prices slipped 59 cents, or 0.8%, to 72.98 dollars a barrel. US crude fell 65 cents, or 0.9%, to 69.70 dollars a barrel. Factors, including expectations of economic s...