December 10, 2024 8:51 PM

Benchmark domestic equity indices end on a flat note

Benchmark domestic equity indices ended on a flat note on Tuesday. The broader market indices at the Bombay Stock Exchange ended in positive territory. The Mid-Cap and the Small-Cap indices added 0.3 percent each.   The 30-share BSE Sensex rose marginally by two points to close at 81,510, while t...

December 9, 2024 8:28 PM

Benchmark domestic equity indices ended with marginal losses of 0.2%

Benchmark domestic equity indices today ended with marginal losses of 0.2 percent. The broader market indices at the Bombay Stock Exchange outperformed the equity market. The Mid-Cap index added 0.32 percent and the Small-Cap index rose nearly half percent.   The 30-share BSE Sensex fell 201 ...

December 9, 2024 7:33 PM

Oil prices surge over 1%

Oil prices today surged over one percent as top importer China announced that it will adopt an moderately loose monetary policy next year as part of steps to support economic growth and amid uncertainty after the fall of Syrian President Bashar al-Assad. Brent Crude was trading at around 71 dollars ...

December 9, 2024 7:10 PM

Rupee depreciated by 4 paise to settle at ₹84.73 against US dollar

In the Forex market, the rupee today depreciated by four paise to settle at 84 rupees and 73 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 105.83 in intra-day trade. ...

December 8, 2024 5:43 PM

Foreign Investors Return to Indian Markets, Pump Rs 24,454 Crore in December’s First Week

After heavy withdrawals in the past two months, foreign investors have made a comeback to Indian equities with an investment of over 24,000 crore rupees in the first week of December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 24,454 Crore rupees into Indian equ...

December 8, 2024 12:51 PM

India’s UPI succeeded in increasing financial inclusion and promoting equitable economic growth

India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth. According to a new study by IIM and ISB, UPI has enabled underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time. ...

December 8, 2024 9:00 AM

Union Minister Piyush Goyal to meet Norwegian industry delegation in Mumbai

Union Minister of Commerce and Industry Piyush Goyal will meet a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, in Mumbai today. According to a statement from the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade...

December 8, 2024 8:54 AM

Over 250 Artisans Display their Uniqueness in Ashtalakshmi Mahotsav, Bharat Mandapam

Ashtalakhshmi Mahotsav is being celebrated at the Bharat Mandapam in New Delhi to honor the diversity and cultural richness of Northeast India. The three-day festival, which will conclude today, aims to showcase the beauty, diversity and promise of the eight states of the region which include Assam,...

December 7, 2024 10:10 PM

FM Sitharaman meets farmer associations, agricultural economists for pre-budget consultation

Finance Minister Nirmala Sitharaman today chaired the second pre-budget consultation with various farmer associations and leading agricultural economists in connection with the forthcoming Union Budget 2025-26 in New Delhi. She also held consultations with the stakeholders from micro, small, and med...

December 6, 2024 5:38 PM

FM Sitharaman chairs 1st pre-budget consultation with leading economists for upcoming union budget

Union Finance Minister Nirmala Sitharaman chaired the first pre-budget consultation with leading economists in New Delhi on Friday for the upcoming union budget. Along with the finance minister, Minister of State for finance Pankaj Chaudhary, Finance Secretary and Chief Economic Adviser also attende...