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July 11, 2023 8:23 PM
RBI's Deputy Governor T. Rabi Shankar said that by the end of Month, Central Bank Digital Currency (CBDC) will be interoperable with the UPI QR code. It means participants of CBDC's pilot project will be able to transfer CBDC to another user's CBDC account if he has one, else the CBDC...
July 11, 2023 6:53 PM
Gold prices today rose 180 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 58,870 rupees per 10 grams. Silver also added marginally to trade at 71,370 rupees per kilogram for September Contracts. In the global markets, gold was trading up at 1,942 dollar...
July 7, 2023 6:16 PM
Gold prices rose 143 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 58,544 rupees per 10 grams. Silver fell 29 rupees to trade at 70,295 rupees per kilogram for September Contracts when reports last came in. In the global markets, gold was trading...
July 7, 2023 5:20 PM
U.S. stocks ended sharply lower on 6th July 2023, Thursday as the predictions that the Federal Reserve will be aggressive in raising U.S. interest rates hiked. The Nasdaq Composite and the S&P 500 index both, tumbled 0.8 percent and the Dow Jones Industrial Average declined 1.1 per...
July 6, 2023 9:12 PM
In a recent episode of the program Spotlight, economic analyst A K Bhattacharya joined anchor Ishan Mittal to discuss the Goods and Services Tax (GST) on its 6th anniversary. The discussion delved into the positive impact of GST on consumers, the role of technology in the tax system, the gradual ris...
July 6, 2023 8:33 PM
Finance and Corporate Affairs Minister Nirmala Sitharaman chaired a meeting today to review the performance of Public Sector Banks (PSBs). During the review meeting, discussions were held with the heads of Public Sector Banks on the positive macro trends, improved business sentiments, and t...
July 6, 2023 6:01 PM
US stocks ended lower yesterday, with the S&P 500 snapping a three-day winning streak. The index fell 0.2 percent. Nasdaq Composite also slipped 0.2 percent while Dow Jones Industrial Average declined 0.4 percent....
July 6, 2023 5:59 PM
Brent crude prices edged up today amidst tighter crude supply alongside fears of a global economic slowdown. In intra-day trade, Brent crude was trading at 76 dollars and 71 cents a barrel. West Texas Intermediate crude price was at 71 dollars 91 cents per barrel when reports last came in.&...
July 6, 2023 5:57 PM
Gold prices rose 150 rupees at Multi Commodity Exchange for August contracts. The precious metal was trading at 58,620 rupees per 10 grams. Silver added 55 rupees to trade at 71,410 rupees per kilogram for September Contracts when reports last came in. In the global markets, gold was tradin...
July 6, 2023 4:33 PM
Asian markets today ended with losses. Hong Kong's Hang Seng plunged 3.1 per cent, Japan's Nikkei-225 declined 1.7 per cent and Singapore's Straits Times fell 1.1 per cent. South Korea's Kospi slipped 0.9 per cent and China's Shanghai Composite index ended half a percent dow...
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