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September 13, 2023 7:57 AM

Index of Industrial production jumps to five month high by 5.7% in July 2023

The index of industrial production jumped to five month high. As per the Ministry of Statistics and Programme Implementation data, IIP grew by 5.7 percent in July this year as compared to 3.7 percent in June 2023. It was 2.2 percent in July 2022. Manufacturing sector having 77 percent weightage...

September 12, 2023 8:35 PM

Retail inflation based on CPI slips to 6.83% in August 2023

Retail inflation, based on Consumer Price Index (CPI), slipped to 6.83 percent in August this year. According to the Ministry of Statistics and Programme Implementation data released today, rural areas saw a slightly higher inflation rate at 7.02 percent compared to urban areas at 6.59 percent. ...

September 11, 2023 9:20 PM

G20 Summit: Nifty hits 20,000 mark first time ever

National Stock Exchange's (NSE) benchmark index, Nifty 50, hit the 20,000 mark for the first time today, on the following day of the G20 Summit. NSE’s Managing Director and Chief Executive Officer Ashishkumar Chauhan said it reflects the increasing trust the world has in the leadership of Ind...

September 8, 2023 9:14 PM

RBI decides to discontinue Incremental Cash Reserve Ratio in a phased manner

RBI has decided to discontinue Incremental Cash Reserve Ratio which was put in place to absorb surplus liquidity following the withdrawal of 2,000 rupees currency notes, in a phased manner beginning tomorrow.   The Reserve Bank of India (RBI) today decided to discontinue the Incremental ...

September 7, 2023 5:22 PM

Sensex gains 385 points, Nifty to settle at 19,727

The key domestic share indices witnessed gains of more than half a percent on 7th Sep 2023. The BSE Sensex closed above the 66,200 mark while the NSE Nifty finished above the 19,700 level. Both indices rose amid mixed global cues.   The Sensex gained 385 points, or 0.58 percent, to ...

September 6, 2023 6:35 PM

US share indices close lower; Nasdaq Composite index falls 0.1%

The US share indices closed lower yesterday. The three major stocks declined as Treasury yields rose along with oil prices and investors assessed prospects for the Federal Reserve's interest rate path. The Nasdaq Composite index fell 0.1 percent, The Dow Jones Industrial Average slipped 0.2 per...

September 6, 2023 6:26 PM

Asian stock markets today close mixed; London's FTSE-100 falls 0.7%

Asian stock markets today closed mixed. Japan's Nikkei-225 appreciated 0.6 percent and China's Shanghai Composite index added 0.1 percent. On the other hand, South Korea's Kospi declined 0.7 percent and Singapore's Straits Times index slipped 0.1 percent.  Hong Kong's H...

September 2, 2023 8:36 PM

Railways records freight loading of 126 MT for August 2023

Indian Railways has achieved freight loading of over 634 million tonnes between April and August this year which is over 13 million tonnes more than the corresponding period last year. Railway Ministry said, in August this year, Railways has loaded over 126 million tonnes against 119 million to...

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