February 28, 2025 8:10 PM February 28, 2025 8:10 PM

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Rupee Ends at 87.51 Against US Dollar as Dollar Index Rises to 107.29

In the Forex market, the rupee today ended at 87 rupees and 51 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 107.29 in intraday trade.

February 28, 2025 8:08 PM February 28, 2025 8:08 PM

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WAVES Announces Battle of Bands Global Challenge, Invites Registrations for Season 1

The World Audio Visual and Entertainment Summit (WAVES) is inviting registrations to participate in the Battle of the Bands Global Challenge. As part of WAVES Season One’s Create in India Challenge, in collaboration with Prasar Bharati and SAREGAMA, the event provides an incredible platform for part...

February 28, 2025 8:07 PM February 28, 2025 8:07 PM

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Sensex-Nifty Suffer Significant Losses as Markets Face Sharp Correction

The benchmark domestic equity indices witnessed a significant downturn today, with both the Sensex and Nifty ending in negative territory. The Sensex plunged by 1,414.33 points, or 1.90 percent, to settle at 73,198.10. The Nifty tumbled 420.35 points, or 1.86 percent, to 22,124.70. The domestic stoc...

February 28, 2025 7:32 PM February 28, 2025 7:32 PM

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India-EU Agree to Finalize Free Trade Deal This Year

Prime Minister Narendra Modi and the President of the European Commission, Ursula von der Leyen, today directed their teams that the India-EU Free Trade Agreement should be concluded within the year. Briefing the media in New Delhi this afternoon, Secretary (West) Tanmaya Lal termed it an important ...

February 28, 2025 7:18 PM February 28, 2025 7:18 PM

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US Markets Slide as Nvidia Shares Plunge, Weak Economic Data Raises Recession Fears

US markets fell yesterday, weighed down by a slump in chipmaker Nvidia as investors focused on data pointing to a cooling US economy. The Nasdaq tumbled 2.8% to 18,544 points. It was the Nasdaq's deepest one-day percentage drop in a month. The S&P 500 dropped 1.6% to end at 5,861 points. The Dow...

February 28, 2025 7:17 PM February 28, 2025 7:17 PM

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No major casualties reported as 6.1 Richter earthquake rattled Sindhupalchok in Nepal

A 6.1-magnitude earthquake struck Sindhupalchok at 2:51 am on Friday, with tremors felt in Kathmandu Valley and surrounding areas. According to the National Earthquake Monitoring and Research Centre, the epicentre was at Bhairav Kunda in the Sindhupalchok district.    A landslide occurred in Dugunag...

February 28, 2025 6:32 PM February 28, 2025 6:32 PM

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India’s Forex Reserves Hit Two-Month High of $640.48 Billion

India's foreign exchange reserves ​​grew 4.7 billion dollars to a two-month high of 640.48 billion dollars as of February 21. As per the data released by the Reserve Bank of India, this growth was mainly driven by foreign currency assets that increased by 4.2 billion dollars to 543.84 billion dollar...

February 28, 2025 6:31 PM February 28, 2025 6:31 PM

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18 Rescued from Burning Fishing Trawler Off Alibag Coast in Maharashtra

A total of 18 people were rescued after a fire broke out on a fishing trawler off the coast of Alibag in Maharashtra's Raigad district today. The mishap occurred early in the morning while the trawler was approximately seven nautical miles from Alibag’s Akshi coast. Police said a distress call was s...