Business

December 31, 2024 7:45 PM December 31, 2024 7:45 PM

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Gold Prices Rise, Silver Slips in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading up by 0.21 percent at trade at 76,640 rupees per 10 grams, and Silver 999 Fine was trading down by 0.23 percent at 87,420 rupees per kilogram, a short while ago.   At the Multi Commodity Exchange, gold and silver prices were trading mixed ...

December 31, 2024 7:29 PM December 31, 2024 7:29 PM

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Oil Prices Rise Amid Growth in Chinese Manufacturing Activity

Oil prices rose today, boosted by signs of growth in Chinese manufacturing activity. Brent Crude was trading at 74 dollars and 58 cents per barrel gaining 0.8 percent. WTI Crude also added over 0.8 percent to trade at around 71 dollars and 62 cents per barrel, according to the latest reports.

December 31, 2024 7:13 PM December 31, 2024 7:13 PM

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US Stocks Decline

US stocks closed lower yesterday, amid profit booking and limited triggers during a holiday-shortened week. The Nasdaq Composite shed over 1.1 percent, S&P 500 dropped over one percent and the Dow Jones Industrial Average lost almost one percent. The US markets will remain close tomorrow for New...

December 30, 2024 6:04 PM December 30, 2024 6:04 PM

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India Emerges as Global Manufacturing Hub with Remarkable Growth

India's manufacturing sector has witnessed remarkable growth this year, underscoring its transformation into a global powerhouse. The Narendra Modi government has implemented far-reaching economic, social, and foreign policy initiatives in the last ten years. These initiatives have contributed to In...

December 30, 2024 5:39 PM December 30, 2024 5:39 PM

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Benchmark domestic equity indices end with losses of over half percent

Benchmark domestic equity indices ended with losses of over half percent on Monday. The 30-share index at Bombay Stock Exchange, Sensex, lost 451 points, or 0.57 percent, to close at 78,248. Similarly, the National Stock Exchange Nifty-50 fell 168 points, or 0.71 percent, to end at 23,645. In the Gl...

December 30, 2024 1:17 PM December 30, 2024 1:17 PM

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FM Nirmala Sitharaman chairs pre-budget consultations with trade and industry leaders

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman today chaired the fifth Pre-Budget Consultation meeting with industry representatives in New Delhi, in view of the forthcoming Union Budget 2025-26. The meeting was also attended by secretaries of several departments including the F...

December 30, 2024 8:35 AM December 30, 2024 8:35 AM

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FPIs pump in over 22,000 cr into Indian capital markets so far in December

Foreign investors (FPIs) pumped in over 22,000 crore rupees into the Indian capital markets so far in December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 16,675 crore rupees into the Indian equities markets and 5,352 crore rupees into the debt market, taking th...

December 29, 2024 9:16 PM December 29, 2024 9:16 PM

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Domestic Markets to Focus on Key Economic Data and Global Cues in Coming Week

After recovering a bit of losses last week, the domestic markets are likely to focus on economic data like fiscal deficit, infrastructure output,  PMI data for India, the US, and China, India’s monthly auto sales data and global cues. Globally next week investors will keep an eye on the weekly jobs ...