Business

December 18, 2024 6:48 PM December 18, 2024 6:48 PM

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India’s Economic Growth Rebounds: Jefferies Highlights Stronger Indicators

The improvement in India's economic growth after the slowdown in the July-September quarter of the current fiscal year is visible as movement indicators like fuel consumption, vehicles tolled, and air traffic have strengthened. Jefferies, an American multinational independent investment bank and fin...

December 18, 2024 5:43 PM December 18, 2024 5:43 PM

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Benchmark domestic equity indices end with losses of over half percent

Benchmark domestic equity indices today continued their downward trend, ending with losses of over half a percent. Also, the investors remained cautious ahead of the Federal Reserve's final monetary policy decision of the year. The 30-share index at the Bombay Stock Exchange, Sensex, fell 502 points...

December 18, 2024 3:24 PM December 18, 2024 3:24 PM

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Sensex-Nifty trade with losses over half a percent in afternoon trade

Benchmark domestic equity indices, Sensex and Nifty, were trading with losses of over half a per cent in the afternoon trade today, weighed down by media, banking, and utilities sectors. The 30-share BSE Sensex slipped 531 points, to 80,154, and the NSE Nifty50 dropped 152 points, to 24,184, when re...

December 17, 2024 8:31 PM December 17, 2024 8:31 PM

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CBIC chairman launches four new initiatives to enhance taxpayer services

Central Board of Indirect Taxes and Customs (CBIC) chairman Sanjay Kumar Agarwal today launched four new initiatives to enhance taxpayer services. These four citizen-centric initiatives include a revised citizen's charter, a revamped citizen's corner for complete tax-related information, an ease of ...

December 16, 2024 7:35 PM December 16, 2024 7:35 PM

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Oil prices decline today

Oil prices declined today amid profit-booking and as market participants awaited the interest rate outlook by the US Federal Reserve later this week. Brent Crude was trading below 74 dollars per barrel, declining over 0.8 percent. WTI crude also fell over one percent to trade at around 70 dollars an...

December 16, 2024 5:58 PM December 16, 2024 5:58 PM

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Rupee depreciates by 7 paise to settle at ₹84.86 against US dollar

In the Forex market, the rupee today depreciated by seven paise to settle at 84 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 107.01 in intra-day trade.

December 16, 2024 3:29 PM December 16, 2024 3:29 PM

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Sensex-Nifty trade nearly half percent lower in afternoon trade

Benchmark domestic equity indices, Sensex and Nifty, were trading nearly half percent lower in the afternoon trade today, weighed down by metal and IT stocks and amid weak global cues. The 30-share BSE benchmark Sensex declined by 409 points, to 81,724, while NSE Nifty 50 dropped 114 points, to 24,6...

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