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November 10, 2024 8:58 PM

Global crude oil prices rise nearly 3%

Global crude oil prices rose nearly 3 per cent last week as the market settled in after the US election results and speculations about stimulus efforts from the world’s No. 1 importer China. Brent crude oil futures ended the week at 73.87 dollars per barrel on Friday, while US crude settled at 70....

November 10, 2024 6:55 AM

Govt procures over 120 LMT of paddy in Kharif Marketing Season 2024-25 so far

The government has procured over 120 lakh metric tonnes (LMT) of paddy in Kharif Marketing Season (KMS) 2024-25 till Nov 8 and has benefitted 6.58 lakh farmers in Punjab with a Minimum Support Price (MSP) value of 27,995 crore rupees. The Ministry of Consumer Affairs, Food, and Public Distribution s...

November 9, 2024 4:40 PM

S&P 500 surpasses 6,000 mark, closes biggest weekly gain in a year

The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible Republican Party sweep in Congress fueled expectations for favourable business policies. Also supporting stocks this week was a widely expe...

November 8, 2024 6:51 PM

Oil prices slip

       Oil prices slipped today as concerns over Hurricane Rafael disrupting the US oil and gas production eased. Brent Crude was trading 1.04 percent down at 74 dollars and 84 cents per barrel, and WTI Crude lost 1.3 percent to trade at 71 dollars and 42 cents per barrel, when the reports last ...

November 8, 2024 6:53 PM

Major Asian & European markets display mixed response  

  Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index dropped over one percent, China's Shanghai Composite Index shed over half percent, and South Korea's Kospi lost 0.14 percent. Conversely, Singapore's Straits Times index added over 1.3 percent and Japan's Nikkei gaine...

November 8, 2024 6:03 PM

Rupee ends flat against US dollar today

In the Forex market, the rupee today ended flat at 84 rupees and 37 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 104.52 in intra-day trade....

November 7, 2024 5:25 PM

Sensex and Nifty end in negative territory

Domestic benchmark indices today slumped over one percent ahead of US Federal Reserve’s interest rate decision. The 30-share BSE Sensex tanked 836 points, or 1.04 percent, to close at 79,542, while the NSE Nifty50 shed 285 points, or 1.16 percent, to settle at 24,199. The broader market at th...

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