Business

March 11, 2025 8:39 PM

views 114

RBI to issue new series of 100 & 200 denomination Notes

The Reserve Bank of India announced that it will soon issue 100 and 200 rupees denomination banknotes in the Mahatma Gandhi (New) Series. The RBI said that the design of these notes will be identical in all respects to the existing 100 and 200 rupees banknotes in the Mahatma Gandhi (New) Series. Mea...

March 11, 2025 6:34 PM

views 63

Reduction in Coal imports led to savings of apprx 42,300 cr rupees

The government today said that coal imports to the country decreased by 8.4 percent during April to December 2024. The Ministry of Coal, in a statement, said that coal imports from April to December 2024 stood at 183.42 million tonnes compared to 200.19 million tonnes in the same period of the previ...

March 11, 2025 6:28 PM

views 65

Fear of recession lowered US stocks

US stocks ended sharply lower on Monday on fears that the US economy could be heading towards recession. This was amid the current uncertainty surrounding the US trade policy. The S&P 500 saw its biggest one-day drop since December 18 and the Nasdaq witnessed its biggest single-day percentage dr...

March 11, 2025 6:26 PM

views 54

Oil prices covered earlier losses to rise up

Oil prices pared earlier losses to rise up during trade on Tuesday, helped by weakness in U.S. dollar, although gains were capped as concerns mounted over a potential U.S. recession and the impact of tariffs on global economic growth. Brent Crude was trading over 1.2 percent up at 70 dollars and 12 ...

March 11, 2025 6:24 PM

views 67

Rupee strengthened by 12 paise to settle at 87.21

In the Forex market, the rupee today strengthened by 12 paise to settle at 87 rupees and 21 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies was at 103.5 in intra-day trade a short while ago.

March 11, 2025 6:22 PM

views 76

Asian markets fell amid overnight losses on Wall Street

After overnight losses on Wall Street amid tariff concerns and fears of potential recession in the world’s largest economy, investors were rattled and this fall was mirrored in some of the major Asian markets. However, China and Hong Kong markets managed to hold strong and overall the Asian markets ...

March 11, 2025 6:20 PM

views 61

Domestic markets ended flat after reversing initial losses

The benchmark domestic equity indices today reversed initial losses and ended almost flat with a positive bias. The Indian markets showed resilience despite weak global cues and fall in major international markets amid recession fears and tariff concerns. The 30-share index at the Bombay Stock Excha...

March 10, 2025 6:13 PM

views 55

Oil prices rise amid US sanction on Iranian export

Oil prices today rose supported by potential sanctions on Iranian oil exports by the US. Meanwhile concerns over the impact of US import tariffs on global economic growth and fuel demand capped gains. Brent Crude was trading over 0.4 percent up at around 70 dollars and 70 cents per barrel. WTI Crude...