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July 27, 2023 4:45 PM
Asian stocks gained except China's Shanghai Composite which fell 0.2 percent. Hong Kong's Hang Seng index led the rally, surging 1.4 percent, Singapore's Straits Times index rose one percent, Japan's Nikkei-225 added 0.7 percent and South Korea's Kospi gained 0.4 percent. &...
July 27, 2023 4:40 PM
In the forex market, the rupee appreciated five paise to close at 81 rupees and 95 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 100.58 in intra-day trade....
July 27, 2023 4:35 PM
U.S. stocks ended mixed yesterday after the Federal Reserve raised interest rates to their highest level in more than two decades. The Dow Jones Industrial Average added 0.2 percent. The S&P 500 index ended flat while the Nasdaq Composite index fell 0.1 percent....
July 27, 2023 4:34 PM
Brent crude price climbed more than half a percent, recouping losses from the previous session. Its rise was supported by supply tightness owing to OPEC production cuts and renewed optimism on the outlook for Chinese demand and global growth. In intra-day trade, Brent crude was trading at 8...
July 27, 2023 4:30 PM
Key domestic benchmark closed with losses of more than half a percent. The BSE Sensex tumbled 440 points, or 0.66 percent, to finish at 66,267. Similarly, the Nifty 50 at the National Stock Exchange fell 118 points, or 0.60 percent, to end at 19,660. ...
July 26, 2023 5:16 PM
The tech-heavy Nasdaq closed higher yesterday before earnings reports from megacap technology companies Alphabet and Microsoft. The Nasdaq Composite index gained 0.6 percent. The S&P 500 index rose 0.3 percent and the Dow Jones Industrial Average added 0.1 percent....
July 25, 2023 9:25 PM
International Monetary Fund (IMF) has raised India’s growth forecast, projecting a Gross Domestic Product (GDP) growth of 6.1 per cent in the current fiscal. In the World Economic Outlook that was released in April, the IMF had projected India’s GDP at 5.9 per cent in the current fisc...
July 25, 2023 4:33 PM
The Indian Pharmaceuticals Industry turnover has increased from 2.26 lakh crore rupees in 2017-2018 to over 3.44 lakh crore rupees in 2021-22. This information was given by Minister of State for Chemicals and Fertilizers Bhagwanth Khuba in the Rajya Sabha on Tuesday. In a written reply, he said that...
July 25, 2023 3:09 PM
The Key domestic share indices today fell marginally in the afternoon trade. The BSE Sensex fell 51 points to trade at 66,333. The NSE Nifty also slipped 11 points to trade at 19,661, a short while ago. Both indices declined amid mixed cues from the global stocks....
July 24, 2023 9:21 PM
Finance Minister Nirmala Sitharaman has said that tax revenue up has gone up in the last few years without tax rate hike. Addressing the 164th Income Tax Day celebrations in New Delhi this evening, Ms Sitharaman said, efficiency in the tax collection system aided the robust tax mop-up. She said, the...
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