Business

December 9, 2024 8:28 PM

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Benchmark domestic equity indices ended with marginal losses of 0.2%

Benchmark domestic equity indices today ended with marginal losses of 0.2 percent. The broader market indices at the Bombay Stock Exchange outperformed the equity market. The Mid-Cap index added 0.32 percent and the Small-Cap index rose nearly half percent.   The 30-share BSE Sensex fell 201 po...

December 9, 2024 7:33 PM

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Oil prices surge over 1%

Oil prices today surged over one percent as top importer China announced that it will adopt an moderately loose monetary policy next year as part of steps to support economic growth and amid uncertainty after the fall of Syrian President Bashar al-Assad. Brent Crude was trading at around 71 dollars ...

December 9, 2024 7:10 PM

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Rupee depreciated by 4 paise to settle at ₹84.73 against US dollar

In the Forex market, the rupee today depreciated by four paise to settle at 84 rupees and 73 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading at 105.83 in intra-day trade. 

December 8, 2024 12:51 PM

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India’s UPI succeeded in increasing financial inclusion and promoting equitable economic growth

India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth. According to a new study by IIM and ISB, UPI has enabled underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time. Th...

December 8, 2024 9:00 AM

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Union Minister Piyush Goyal to meet Norwegian industry delegation in Mumbai

Union Minister of Commerce and Industry Piyush Goyal will meet a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, in Mumbai today. According to a statement from the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade...

December 6, 2024 4:07 PM

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Sensex Falls 57 Points; Nifty Ends Below 24,700 Mark

Domestic benchmark equity indices ended marginally lower in today's volatile session, snapping their five-day winning streak. The 30-share BSE Sensex shed 57 points, or 0.07 percent, to close at 81,709 and the NSE Nifty50 dipped 31 points, or 0.12 percent, to settle at 24,678. In the Global Crude Ma...

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