Business

January 10, 2025 6:38 PM January 10, 2025 6:38 PM

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Startups growing fast even in tier 2 and tier 3 cities

Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), Amardeep Singh Bhatia, today said that the country’s start-up ecosystem has seen robust growth in the past nine years with more than 1.5 lakh registered start-ups under the department. Briefing the media in New Delhi, ...

January 10, 2025 6:36 PM January 10, 2025 6:36 PM

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Major Asian markets end low  

  Major Asian indices today ended lower. Singapore's Straits Times index tanked over one and a half percent, China's Shanghai Composite Index fell over 1.3 percent, Japan's Nikkei slipped over one percent, Hong Kong's Hang Seng Index dropped over 0.9 percent, and South Korea's Kospi ended 0.24 perce...

January 10, 2025 6:34 PM January 10, 2025 6:34 PM

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Rupee down by 11 paise against US dollar

  In the Forex market, the rupee today fell by 11 paise to settle at its weakest level of 85 rupees and 97 paise against the US dollar due to the strengthening of the US currency. The rupee remained under pressure also due to outflow of foreign capital, surge in crude oil prices and rising US treasu...

January 10, 2025 4:43 PM January 10, 2025 4:43 PM

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Domestic market ends in red

 Benchmark domestic equity indices continued their downslide in today's volatile trading session. The 30-share index at the Bombay Stock Exchange, Sensex, shed 241 points, or 0.31 percent, to close at 77,379. Similarly, the National Stock Exchange Nifty-50 fell 95 points, or 0.4 percent, to settle a...

January 9, 2025 7:37 PM January 9, 2025 7:37 PM

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Rise in oil prices      

   Oil prices rose today. Brent Crude was trading at 76 dollars and 39 cents per barrel adding over 0.3 percent. WTI Crude also gained over 0.2 percent to trade at around 73 dollars and 48 cents per barrel, according to the latest reports.

January 9, 2025 6:46 PM January 9, 2025 6:46 PM

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Rupee ends marginally low against US dollar

In the Forex market, the rupee today ended marginally lower to settle at 85 rupees and 86 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 109.19 in intra-day trade

January 9, 2025 6:21 PM January 9, 2025 6:21 PM

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West Asia’s Largest Plastics Exhibition Spotlights India’s Green Manufacturing Push

The 17th edition of ArabPlast, West Asia’s premier trade exhibition for plastics and petrochemicals, opened in Dubai with India emerging as a key player in sustainable manufacturing solutions. The three-day event has attracted over 750 exhibitors across 12 international pavilions, showcasing innovat...

January 9, 2025 4:29 PM January 9, 2025 4:29 PM

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Sensex ends with the loss of over 500 pts

Benchmark domestic equity indices today ended with losses of over 0.6 percent, dragged by the Realty and Oil and Gas sectors. The 30-share index at the Bombay Stock Exchange, Sensex, shed 528 points, to close at 77,620. Similarly, the National Stock Exchange Nifty-50 lost 162 points, to settle at 23...

January 9, 2025 4:29 PM January 9, 2025 4:29 PM

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SIP Inflows Cross Rs 26,000 Crore Mark For 1st Time In December: AMFI

The inflow into systematic investment plans (SIPs) crossed the 26,000 crore rupee mark for the first time, reaching 26,459 crore rupees in December, compared to 25,320 crore rupees in November. According to data from the Association of Mutual Funds in India (AMFI) released today, open-ended equity m...

January 8, 2025 5:58 PM January 8, 2025 5:58 PM

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Oil prices up as supply from Russia & OPEC members tightens  

        Oil prices continued their upward trend today, as supplies from Russia and OPEC members tightened. In intra-day trade,  Brent Crude was trading at around 77 dollars and 20 cents per barrel. WTI Crude also logged marginal gains to trade at around 74 dollars and 60 cents per barrel, as per the...