Business

February 18, 2025 12:06 PM

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Sensex-Nifty50 Open Lower Amid Weak Earnings & Foreign Selling

Domestic benchmark indices, Sensex and Nifty50, were trading down today as weak earnings and persistent foreign selling pressured investor sentiment. The 30-share BSE Sensex was trading down 333 points at 75,664, and the Nifty shed over half a percent at 22,840 when reports last came in.   Meanwhile...

February 17, 2025 7:21 PM

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India’s Exports Grow by 7.21% in April-Jan 2024-25: Commerce Ministry

India’s total exports during April-January 2024-25 logged growth of 7.21 percent as compared to the same period in last fiscal. On the other hand, total imports during April-January in current fiscal registered a growth of 8.96 percent. As per the Ministry of Commerce & Industry data released to...

February 17, 2025 12:54 PM

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Sensex, Nifty Slip Over 0.3% Amid Mixed Global Cues

The Benchmark domestic equity indices, Sensex and Nifty, were trading with losses of over 0.3 percent in the midday trade today amid mixed global cues. The 30-share BSE Sensex shed 241 points to 75,698 and the NSE Nifty50 lost 77 points to 22,852, when reports last came in.

February 14, 2025 8:05 PM

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Gold & Silver Prices Surge in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading 0.21 percent up at 86,100 rupees per 10 grams, and Silver 999 Fine was trading 2.46 percent up at 98,010 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal for the Apri...

February 14, 2025 6:47 PM

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India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark

India's foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February 7, according to the latest data released by the Reserve Bank of India (RBI). This marks the third consecutive week of growth in the reserves. During the last wee...

February 14, 2025 6:11 PM

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Asian Markets End Mixed; European Indices Show Diverging Trends

Major Asian indices displayed a mixed trend today. Hong Kong's Hang Seng surged over three and a half percent, China's Shanghai Composite index gained over 0.4 percent, and South Korea's Kospi added 0.3 percent. Meanwhile, Japan's Nikkei lost 0.8 percent, and Singapore's Straits Times index fell 0.1...

February 14, 2025 6:09 PM

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US Stocks Rise as Corporate Earnings & Jobless Claims Data Boost Markets

US stocks edged higher yesterday, buoyed by positive corporate earnings reports from some companies. Also, the number of Americans filing new applications for unemployment benefits decreased last week, the Labour Department report showed yesterday. The Nasdaq Composite surged 1.5 percent, the S&...