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April 24, 2024 6:40 PM
All key Asian stocks ended higher today. Japan's Nikkei-225 gained 2.36 per cent, Hong Kong's Hang Seng Index jumped 2.16 per cent, South Korea's Kospi added 1.97 per cent, China's Shanghai Composite index rose 0.75 per cent and Singapore's Straits Times index jumped 0.62 percent. All major Eu...
April 24, 2024 6:38 PM
The Reserve Bank of India has directed Kotak Mahindra Bank to cease issue of fresh credit cards, with immediate effect. The Apex Bank has restricted the onboarding of new customers via online and mobile banking channels. According to the RBI press release, these actions are necessitated based on sig...
April 23, 2024 7:49 PM
The Reserve Bank of India’s April bulletin has said that conditions are shaping up for an extension of a trend upshift in real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments. The article titled ‘State of the Economy’ says that CPI inflation settled a...
April 23, 2024 5:54 PM
Key Asian stocks ended mixed today amid positive global cues. Hong Kong's Hang Seng Index rose 1.90 percent, Singapore's Straits Times index jumped 1.45 percent, and Japan's Nikkei-225 added 0.30 percent. On the other hand, China's Shanghai Composite index declined 0.75 percent. South Korea's Kospi ...
April 22, 2024 6:00 PM
Benchmark equity indices extended gains for the second straight session today amid a rally in Asian and European markets, decline in Brent crude oil prices and buying by foreign investors. Extending its previous session's rebound, the 30-share BSE Sensex climbed 560 points or 0.77 percent t...
April 22, 2024 5:45 PM
Brent Crude slipped today though it remained above 86 dollars a barrel as traders turned their focus back to inflation amid easing tensions in West Asia. The Brent Crude oil futures was lower at 86 dollar and 86 cents, whereas Western Texas Intermediate was down at 83 dollar and 05 cents wh...
April 22, 2024 5:41 PM
Gold was trading lower today at the Multi Commodity Exchange for June contracts. The precious metal was down by 934 rupees or 1.28 percent to trade at 71,872 rupees per ten grams. Silver futures for May contracts was lower by 1,772 rupees or 2.12 percent to trade at 81,735 rupees per kilogram, when ...
April 22, 2024 5:23 PM
Key Asian stocks ended higher today except China's Shanghai Composite index which ended 0.70 percent down. Hong Kong's Hang Seng Index soared 1.74 percent, Singapore's Straits Times index jumped 1.50 percent, South Korea's Kospi rose 1.43 percent and Japan's Nikkei-225 added 0.99 percent. A...
April 22, 2024 5:21 PM
In the forex market, the rupee closed at 83 rupees and 37 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 106.19 in intra-day trade....
April 21, 2024 8:39 PM
India's net direct tax collections for FY 2023-24 surged 17.7 percent to 19.58 lakh crore rupees compared to 16.64 lakh crore rupees in the previous financial year and surpassed the budget estimate for FY24 by 1.35 lakh crore rupees, or 7.4 percent. The budget estimate for direct tax mop-up for the ...
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