Business

December 23, 2024 5:02 PM

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Sensex Rises 498 Points, Nifty Gains 166 as Markets Rebound

Benchmark domestic equity indices today ended with gains of over half percent, snapping their five-day losing streak. The 30-share index at the Bombay Stock Exchange, Sensex, gained 498 points, or 0.64 percent, to close at 78,540. Similarly, the National Stock Exchange Nifty-50 added 166 points, or ...

December 21, 2024 9:23 PM

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GST Council announces rate cut on fortified rice kernels to 5%

Several decisions have been taken related to Goods and Service tax - GST in the 55th meeting of the GST Council held in  Jaisalmer of Rajasthan today. The meeting was chaired by Union Finance Minister Nirmala Sitharaman. It was attended by the Chief Ministers, Deputy Chief Ministers, State Finance M...

December 21, 2024 6:42 PM

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55th GST Council meeting concludes in Jaisalmer

The 55th GST Council meeting concluded in Jaisalmer in Rajasthan under the chairmanship of Union Finance Minister Nirmala Sitharaman. Chief Ministers of Goa, Haryana, Jammu and Kashmir, Meghalaya and Odisha, Deputy Chief Ministers of Arunachal Pradesh, Bihar, Madhya Pradesh and Telangana and Finance...

December 20, 2024 6:19 PM

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Major Asian indices trade in Red today

Major Asian indices traded in Red today. South Korea's Kospi dipped 1.32 percent, Singapore's Straits Times index lost over 1 percent, Japan's Nikkei shed over 0.29 percent, Hong Kong's Hang Seng Index slipped over 0.1 percent, and China's Shanghai Composite Index was down 0.06 percent.   Europ...

December 20, 2024 6:18 PM

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Rupee appreciates 10 paise to close at 85.03 against US dollar

In the Forex market, the rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the US dollar today, on the softening of the US dollar index.   The dollar index, which indicates the US dollar's strength against a basket of six other leading curren...

December 20, 2024 11:18 AM

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Sensex falls 440 points, Nifty drops 106 points

Domestic Benchmark equity indices traded lower in the opening session today amid a slew of mixed global cues. The Sensex at the Bombay Stock Exchange declined by 440 points, to trade at 78,777, while the Nifty 50 fell by 106 points to trade at 23,846 in the morning deals.   On the other hand, t...

December 19, 2024 5:02 PM

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Sensex & Nifty 50 crash over 1%

Domestic benchmark indices, Sensex and Nifty 50, crashed over one percent each today, following the US Fed rate cut outlook. This marks the fourth consecutive session of losses for Indian markets. The Sensex closed 964 points, or 1.2 per cent, down at 79,218, while the Nifty 50 settled 247 points, o...

December 18, 2024 7:46 PM

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Rupee depreciates by 5 paise to settle at ₹84.95 against US dollar

In the Forex market, the rupee today depreciated by five paise to settle at 84 rupees and 95 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 106.91 in intra-day trade.