Business

February 1, 2025 8:42 AM February 1, 2025 8:42 AM

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India’s Forex Reserves Rise by $5.57 Billion to $629.55 Billion

India's foreign exchange reserves increased by 5.57 billion dollars to 629.55 billion dollars in the week ending January 24, according to the latest data released by the Reserve Bank of India (RBI). In the previous week, the country's forex reserves had declined by 1.8 billion dollars in the week en...

February 1, 2025 7:15 AM February 1, 2025 7:15 AM

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Indian Stock Markets Open Today for Union Budget Presentation

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain open for trading today, on account of the presentation of the Union Budget. This is only the third instance when the share market will remain open on a Saturday for the budget. The markets were open on February 1, 2020, an...

January 31, 2025 8:10 PM January 31, 2025 8:10 PM

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Gold & Silver Prices Rise in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over 1.1 percent up at 82,300 rupees per 10 grams, while Silver 999 Fine was trading over 1.2 percent up at 94,250 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal, f...

January 31, 2025 6:11 PM January 31, 2025 6:11 PM

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Asian Markets Mixed, European Indices Trade Higher

Major Asian indices displayed mixed trends today. Singapore's Straits Times index gained over 1.4 percent, and Japan's Nikkei advanced 0.15 percent, while South Korea's Kospi declined over 0.7 percent. Meanwhile, markets in Hong Kong and China were closed for the Lunar New Year holiday. Major Europe...

January 31, 2025 8:17 PM January 31, 2025 8:17 PM

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Sensex Jumps 741 Points, Nifty Soars 259

Benchmark domestic equity indices today maintained their positive trend amid buying across all sectors and the release of key earnings reports. The broader market indices at BSE also ended in positive territory.   The 30-share index at the Bombay Stock Exchange, Sensex, surged 741 points, or 0.97 pe...

January 31, 2025 1:58 PM January 31, 2025 1:58 PM

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Sensex surges 740 points, Nifty gains 260 points

Benchmark domestic equity indices, Sensex and Nifty, were trading higher in the afternoon trade today, boosted by buying across all sectors. The 30-share BSE Sensex surged 740 points, or 0.96 per cent, to 77,500 and the NSE Nifty50 gained 260 points, or 1.12 per cent, to 23,510 when reports last cam...

January 30, 2025 8:01 PM January 30, 2025 8:01 PM

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Finance Minister Nirmala Sitharaman all set to present Union Budget for FY 2025-26

Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2025-26 this Saturday. The upcoming budget is anticipated to unveil the government’s economic priorities and fiscal strategies to deal with the pressing domestic and global challenges. Experts and people are e...

January 30, 2025 4:25 PM January 30, 2025 4:25 PM

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Market Update: Sensex gains 227 pts, Nifty50 settles at 23,249

Benchmark domestic equity indices today continued their upward momentum for the third straight session. The 30-share index at the Bombay Stock Exchange, Sensex, gained 227 points, or 0.3 percent, to close at 76,760. Similarly, the National Stock Exchange Nifty-50 added 86 points, or 0.37 percent, to...

January 30, 2025 4:12 PM January 30, 2025 4:12 PM

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Digital payments rise 11.1% Y-o-Y in September 2024: RBI data

Digital payments across India recorded a double-digit jump of 11.1 per cent year-on-year (YoY) as of September 2024, according to the Reserve Bank of India's (RBI) index.         The RBI's Digital Payments Index (RBI-DPI) for September 2024 stands at 465.33 up from 445.5 for March 2024. The increase...

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