Business

February 5, 2025 5:26 PM February 5, 2025 5:26 PM

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Rupee depreciates by 39 paise

In the Forex market, the rupee today plunged by 39 paise to settle at a record low of 87 rupees and 46 paise against the US dollar as global trade war concerns fuelled risk aversion among investors. The dollar index, which indicates the US dollar's strength against a basket of six other leading curr...

February 5, 2025 5:08 PM February 5, 2025 5:08 PM

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Domestic market ends in negative terrain

Benchmark domestic equity indices ended today's range-bound session in negative terrain, dragged by Realty, FMCG and Consumer Durables sectors. The 30-share index at Bombay Stock Exchange, Sensex, slipped 312 points, or 0.4 percent, to close at 78,271. Similarly, the National Stock Exchange Nifty-50...

February 4, 2025 5:55 PM February 4, 2025 5:55 PM

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Sensex Soars 1,397 Points, Nifty Rises 378 Points on Positive Global Cues

Benchmark domestic equity indices today surged over one and a half percent, amid broad-based buying and positive global cues after the US paused planned tariffs on Canada and Mexico. The 30-share index at the Bombay Stock Exchange, Sensex, soared 1,397 points, or 1.81 percent, to close at 78,584. Si...

February 4, 2025 10:44 AM February 4, 2025 10:44 AM

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Sensex, Nifty trade in green as US pauses planned tariffs

The domestic benchmark equity indices, Sensex and Nifty were trading in the green today, reflecting gains in Asian markets after the U.S. paused its planned tariffs on Canada and Mexico, alleviating concerns over a global trade war.   The BSE Sensex had gained over 659 points or 0.85 per cent at 77,...

February 4, 2025 7:48 AM February 4, 2025 7:48 AM

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Circulation of ₹2000 notes drops to ₹6,577 crore: RBI

Reserve Bank of India has informed that the total value of 2000 rupee banknotes in circulation dropped to 6,577 crore rupees as of 31st of last month. In a statement, RBI has clarified that 98.15 per cent of the 3.56 lakh crore worth of currency notes in circulation in May 2023 have been returned to...

February 3, 2025 6:01 PM February 3, 2025 6:01 PM

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India’s Digital Boom: Payment Transactions Soar 44% to ₹18,000 Cr

The digital payment transactions in the country have gone up to over 18,000 crore rupees last financial year, registering an annual growth rate of 44 per cent. In a written reply in the Lok Sabha today, Minister of State for Finance, Pankaj Chaudhary said, the Immediate Payment Service and National ...

February 3, 2025 5:34 PM February 3, 2025 5:34 PM

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Benchmark domestic equity indices end in negative territory

Benchmark domestic equity indices ended in negative territory on Monday, mirroring fall in Asian markets amid rising global trade concerns after US President Donald Trump imposed tariffs on Canada, Mexico, and China. The 30-share index at Bombay Stock Exchange, Sensex, shed 319 points, or 0.41 perce...

February 3, 2025 3:52 PM February 3, 2025 3:52 PM

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Coal production expected to increase to 1,533 million tonnes by 2030

Union Minister of Coal and Mines, G. Kishan Reddy said the coal production is expected to increase to 1,533 million tonnes by 2030. Replying to supplementaries in the Rajya Sabha, the Minister highlighted the government’s roadmap to boost domestic coal production for Viksit Bharat 2047. He said, his...

February 3, 2025 3:46 PM February 3, 2025 3:46 PM

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Iron ore production registers growth of 2.5% during April to December

Iron ore production has registered a growth of 2.5 percent during the April to December period of the current financial year. The Ministry of Mines said that the production of iron ore increased to 208 million metric tonnes, compared to 203 million metric tonnes during the same period last financial...

February 3, 2025 10:49 AM February 3, 2025 10:49 AM

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Sensex & Nifty open lower, tracking weak cues from Asian markets

The domestic benchmark equity indices, Sensex and Nifty, opened lower in early trade today, tracking weak cues from Asian markets, as concerns over a broader trade war intensified following tariffs on Canada, Mexico, and China by US President Donald Trump.   The BSE Sensex had declined by 695 p...