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May 9, 2024 8:18 PM

Gold Futures Rise in Indian Market; Silver Futures Also Gain

Gold prices gained today in the futures market. The precious metal for the June contracts was higher by 26 rupees or 0.04 percent, trading at 71,153 rupees per ten grams. Silver futures for July contracts were up by 605 rupees or 0.73 per cent, trading at 83,599 rupees per kilogram, when the reports...

May 9, 2024 9:50 PM

Nine Dead, Dozens Injured in Sivakasi Cracker Factory Blast; Police File Case

In Tamil Nadu,  the casualty numbers have increased to nine in the cracker factory blast at Chengalapatti, Sivakasi, Virudhunagar district. Another 12 workers including seven women were severely wounded in the incident. The number of fatalities may further increase in the accident.  Police have r...

May 9, 2024 8:16 PM

Ukraine Parliament Passes Bill Allowing Certain Prisoners to Join Armed Forces

Ukraine’s parliament on Wednesday passed a Bill that would allow certain prisoners to enlist in the armed forces, as the nation faces a critical shortage of manpower on the battlefield.   The legislation now would need to be signed by the chairperson of Parliament and President Volodymyr Zelens...

May 9, 2024 7:55 PM

Congress Questions PM Modi’s Allegations on Industrialists

Congress today continued its attack on Prime Minister and senior BJP leader Narendra Modi over his allegation that the party has a deal with two top industrialists. Briefing media in New Delhi, party spokesperson, Supriya Shrinate said it was Congress leader Rahul Gandhi who consistently questioned ...

May 9, 2024 7:48 PM

Annual Investment Meeting Congress Wraps Up in Abu Dhabi

The Annual Investment Meeting (AIM) Congress concluded today in Abu Dhabi, marking the culmination of a dynamic three-day event that convened industry titans, policymakers, and forward-thinking innovators from across the globe. Running from the 6th to the 9th of May, the congress served as a platfor...

May 9, 2024 7:46 PM

Dow Jones Closes Above 39,000 Points, Extends Winning Streak to Six Sessions

The Dow Jones Industrial Average ended higher yesterday, stretching its winning streak to six straight sessions and closing above 39,000 points for the first time in five weeks, as investors kept betting on supportive US monetary policy.   The Dow Jones Industrial Average rose 0.44 per cent. On t...

May 9, 2024 7:45 PM

Oil Prices Rise on Decreasing US Inventories and Increased Demand Indicators

Oil prices increased today due to declining US crude inventories, coupled with an uptick in refinery intake and heightened Chinese imports last month. These factors bolstered demand projections for the world's top two crude-consuming nations.   The Brent Crude Oil futures was up by 0.89 per cent ...

May 9, 2024 7:44 PM

Asian and European Stock Markets Show Mixed Performance Today

Key Asian stocks ended mixed today. Hong Kong's Hang Seng Index gained 1.21 per cent, China's Shanghai Composite jumped by 0.82 per cent and Singapore's Straits Times Index rose 0.04 per cent.   South Korea's Kospi slipped 1.20 per cent and Japan's Nikkei-225 declined 0.34 per cent.   Major Eu...

May 10, 2024 8:53 PM

Rupee Ends at 83.51 Against US Dollar; Dollar Index Up to 105.63

In the forex market, the rupee closed at 83 rupees and 51 paise against the US dollar today.   The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies was up at 105.63 in intra-day trade....