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July 5, 2023 6:08 PM
Brent crude was trading marginally lower today amid concern over a global economic slowdown which overshadowed supply cuts announced this week by top crude exporters Saudi Arabia and Russia. In intra-day trade, Brent crude was trading at 76 dollars and 20 cents a barrel. West Texas Intermed...
July 4, 2023 6:48 PM
US stocks ended with slim gains in a holiday-shortened session yesterday, helped by a surge in Tesla and strength in bank shares. Trading volumes were lighter than average as the stock market closed at 1 p.m. ahead of the July 4th Independence Day holiday today. Dow Jones Industrial Average ended...
July 4, 2023 5:34 PM
Finance Minister Nirmala Sitharaman on 4th July 2023, Tuesday chaired a review meeting on the implementation of various announcements made in this year’s Union Budget. According to the Finance Ministry, the Finance Minister underlined the importance of continuous assessment of progress to ensur...
July 4, 2023 11:12 AM
India has doubled its share of global commercial services exports to 4.4 percent in 2022 from 2 percent in 2005, according to a World Bank and World Trade Organization (WTO) report. The report titled ‘Trade in services for development’ said that in India, South Africa and Türkiye, jobs direc...
July 3, 2023 8:40 PM
The SGX Nifty, an early indicator of the Indian equity markets, has begun trading as GIFT Nifty at GIFT City in Gandhinagar on 3rd July 2023, Monday. Trading in NSE’s international contracts which used to take place in Singapore earlier, will now take place at Gujarat International Finance Tec-...
July 3, 2023 2:11 PM
The key domestic indices scaled new all-time highs for the third straight day today amid strength in global equities. The Sensex at the Bombay Stock Exchange breached the 65,200 mark for the first time ever while the Nifty at the National Stock Exchange was trading over 19,300 level in the afternoon...
July 2, 2023 8:08 AM
The Goods and Services tax (GST) revenue for the month of June, 2023 stood at around 1,61,500 crore rupees, which is 12 percent higher than the GST revenues in the same month of last year. Out of the total collection, Central Goods and Services Tax (CGST) was over 31 thousand crore rupees, Stat...
July 2, 2023 6:44 AM
India's leading integrated power producer NTPC Limited has nearly doubled coal production from its captive mines during the first quarter of the financial year 2023 - 2024, compared to the production during Q1 of the previous year. In a statement yesterday, the company said, it achieved an...
July 1, 2023 9:07 PM
The merger between the Housing Development Finance Corp Ltd (HDFC) and HDFC Bank came into effect on 1st July 2023, Saturday. This created the world's fourth-biggest bank by market value behind J P Morgan, ICBC, and Bank of America. The merger was approved by the boards of directors on Fri...
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