Business

November 18, 2024 6:42 PM

Asian, European markets show mixed trends

Major Asian indices displayed mixed trends today. Japan's Nikkei shed 1.1 per cent, Singapore's Straits Times index fell 0.33 per cent, and China's Shanghai Composite Index declined 0.21 per cent. Meanwhile, South Korea's Kospi jumped over two per cent, and Hong Kong's Hang Seng Index advanced over ...

November 18, 2024 6:40 PM

Rupee closes at 84.39 against US dollar

In the Forex market, the rupee today ended at 84 rupees and 39 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 106.74 in intra-day trade....

November 18, 2024 5:56 PM

Sensex falls 241 points, Nifty ends below 23,500

Domestic benchmark equity indices today ended with losses amid mixed global cues, extending their losing streak to the seventh consecutive session. The 30-share BSE Sensex shed 241 points, or 0.31 per cent, to close at 77,339, while the NSE Nifty50 slipped 79 points, or 0.34 per cent, to settle at 2...

November 17, 2024 1:39 PM

Tomato price fallen over 22 per cent in a month

The price of Tomato has fallen over 22 per cent in a month due to better supply. The all-India average retail price as on 14th November was 52 rupees 35 paise per kg which is 22.4 percent lower than 67 rupees 50 paise per kg on 14th October. During the same period, the modal prices at Azadpur mandi ...

November 17, 2024 12:59 PM

Reserve Bank of India’s customer care service received bomb threat

The customer care service of the Reserve Bank of India (RBI) received a bomb threat, with the caller claiming to be the CEO of the terror group Lashkar-e-Taiba. The threat, which was promptly reported to the authorities, has been deemed a hoax by the Mumbai Police, who have registered a case and are...

November 14, 2024 5:59 PM

Inflation rises in October due to higher prices of commodities

India’s wholesale price index (WPI)-based inflation for October escalated to 2.36 per cent on an annual basis, showed the data released by the Ministry of Commerce & Industry, today. In September, WPI inflation was at 1.84 per cent and in August inflation was at 1.25 per cent. The rise in in...

November 14, 2024 5:54 PM

Rupee slips to its weakest closing level

In the Forex market, the Indian rupee slipped to its weakest closing level today but fared better than its regional peers. The local currency closed at 84.39 against the U.S. dollar, down marginally from its close in the previous session. The dollar index, which indicates the US dollar's strength...

November 14, 2024 5:52 PM

Sensex, Nifty down for 6th consecutive session

Domestic benchmark indices, Nifty and Sensex, ended lower for the sixth consecutive session today. Despite a positive start, Indian markets were unable to hold their early gains due to pressure from weak global trends, a rising dollar index, and continued foreign investor selling. At close, the...

November 14, 2024 5:49 PM

Asian markets show mix response , European markets trading in green territory

Major Asian indices saw mixed trading today. Hong Kong's Hang Seng tumbled 0.24 percent, China's Shanghai Composite Index fell 1.76 percent and Japan's Nikkei was 0.48 percent down. Meanwhile, Singapore's Straits Times index added 0.48 percent and Korea's Kospi gained marginally. Major Eur...

November 14, 2024 5:46 PM

Oil prices recovered after early loss

Oil prices slipped in early trade today, reversing most of the previous session's gains due to a stronger dollar and concerns over higher global output amid slow demand growth forecasts. However, crude prices recovered later in the day. Brent crude futures gained 0.48 percent to trade at...