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September 7, 2024 10:29 AM
India's forex reserves jumped more than 2 billion dollars to a new high of 683.99 billion dollars for the week ended 30th of August. As per the RBI figures released yesterday, this is the third consecutive weekly rise of forex reserves backed by healthy dollar inflows. According to the RBI data, in ...
September 6, 2024 9:07 PM
In the Indian Bullion Market, the 24 Karat Gold was trading 0.6 percent down at 72,150 rupees for 10 Grams. Meanwhile, Silver 999 Fine, was trading 0.16 percent up at 85,030 rupees per one kilogram, a short while ago. At Multi Commodity Exchange, Gold and Silver prices were trading down tod...
September 6, 2024 8:55 PM
Oil prices edged higher today amid release of the U.S. employment data, but was on track for a heavy weekly loss as demand concerns offset a delay to supply increases by OPEC+ producers. In the global crude market, Brent crude was trading 0.77 percent up at 73 dollars and 25 cents per barrel. The U...
September 6, 2024 6:21 PM
Two out of three US stocks registered downfall yesterday ahead of key jobs data due. Dow Jones Industrial Average slipped more than half a percent and S&P 500 lost 0.3 percent while the tech-heavy Nasdaq Composite ended slightly higher with a gain of 0.25 percent....
September 6, 2024 6:12 PM
All five major Asian indices traded in the negative territory today. Korea's Kospi plunged 1.23 percent, China's Shanghai Composite Index declined 0.81 percent, Japan's Nikkei fell 0.73 percent, and Singapore's Straits Times Index lost 0.12 percent. India's Gift Nifty ended with a marginal fall of 0...
September 6, 2024 5:58 PM
In the Forex market today, Indian rupee appreciated two paise at 83 rupees 95 paise against the US dollar. The local unit opened at 83.97 and witnessed an intra-day high of 83.91 before ending the session at 83.95 against the American currency. The dollar index, which indicates US dollar's ...
September 6, 2024 8:58 PM
India's equity benchmark indices extended their losing streaks for third straight session following the uncertainties before the US Fed meeting this month. In the early morning deals, domestic indices opened downside with Nifty50 touching an intra-day low of 24,081 and Sensex logging an intra-day ...
September 6, 2024 1:47 PM
Commerce and Industry Minister, Piyush Goyal has said, it is time to take the India-Mediterranean relationship to the next level. Speaking at the India-Mediterranean Business Conclave 2024 in New Delhi, he called for greater business-to-business ties between India and Mediterranean nations. Mr Goyal...
September 6, 2024 12:06 PM
Union Agriculture Minister Shivraj Singh Chouhan has said that floods in Andhra Pradesh damaged crops in 1.8 lakh hectares and affected about 2 lakh farmers, as per initial estimates. He said the crops have suffered a lot of damage, especially flowers and turmeric. Mr Chouhan is on a two-day visit t...
September 6, 2024 12:21 PM
In view of the heavy rains and floods in Andhra Pradesh and Telangana, the Union Finance Ministry has directed public sector insurance companies to provide full support to people affected by the floods. In a social media post, the Ministry said that the insurance companies have been instructed to en...
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