Business

January 20, 2025 6:09 PM

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WEF President Brende predicts 7-8 % GDP growth for India with the help of reforms

  World Economic Forum President and CEO Børge Brende forecast a 7 to 8 percent GDP growth for India on the back of higher investments driven by economic reforms.  Talking to an Indian television channel in Switzerland’s Davos during  55th World Economic Forum (WEF) Annual Meeting, Brende said, Indi...

January 20, 2025 5:57 PM

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Rupee appreciates to settle at 86.56 against US dollar

In the Forex market, the rupee today appreciated by 5 paise to settle at 86 rupees and 56 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 109.02 in intra-day trade.

January 20, 2025 5:22 PM

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Domestic markets end with gains

Benchmark domestic equity indices today ended with gains of over half percent, driven by a rally in the Banking, Telecommunication and Financial Services sectors. The 30-share index at the Bombay Stock Exchange, Sensex, rose 454 points, almost 0.6 percent, to close at 77,073. Similarly, the National...

January 20, 2025 9:18 AM

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EPFO simplifies process of updating personal details

Employees’ Provident Fund Organization (EPFO) has simplified the online process of updating member profiles. The members whose Universal Account Number has already been validated through Aadhaar can update their profile with name, date of birth, gender, nationality, father or mother’s name, date of ...

January 19, 2025 5:07 PM

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Market experts interested in knowing how market reacts to Union Budget

Domestic benchmark indices have been on edge throughout the last week as worries over slowing Quarter 3 earnings loom large. It will be interesting to see how the market reacts to the Union Budget and global inflation data, which is expected in the next few weeks. Foreign fund outflows, and US polic...

January 17, 2025 7:19 PM

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Gold-Silver Prices Dip in Indian Market

In the Indian Bullion Market, 24 Karat Gold was trading down by 0.3 percent at 79,000 rupees per 10 grams, while Silver 999 Fine was also trading 0.98 percent down at 91,680 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was also trading down today. The precious metal,...

January 17, 2025 6:50 PM

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Oil Prices Rise Amid Supply disruptions Following US Sanctions on Russian Energy

Oil prices advanced today amid concerns of supply disruptions due to the latest US sanctions on Russian energy. Brent Crude was trading nearly flat at 81 dollars and 32 cents per barrel, while WTI Crude gained over 0.2 percent to trade at around 78 dollars and 95 cents per barrel when reports last c...