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August 22, 2024 4:14 PM
Domestic Benchmark Indices, Sensex and Nifty are trading positively today following the Federal Reserve's policy meeting minutes which indicated a strong likelihood of rate cut next month. At 1:30 PM, the BSE Sensex was trading up by 155 points, or 0.19 percent at 81,060 and the NSE Nifty edged up...
August 21, 2024 6:05 PM
Prime Minister Narendra Modi has congratulated RBI Governor Shaktikanta Das on being rated A+ for the second time in a row in Global Finance Central Banker Report Cards 2024. In a social media post, Mr Modi said, this is a recognition of Shaktikanta Das leadership at the RBI and his work towards ens...
August 21, 2024 6:11 PM
In Asian market three out of five indices are in red today. Hong Kong's Hang Seng Index fell 0.69, China's Shanghai Composite Index slipped 0.35 and Japan's Nikkei-225 declined 0.29 percent. Conversely, South Korea's Kospi increased 0.17 percent and Singapore's Straits Times index added 0.10 perc...
August 21, 2024 6:19 PM
In the Forex market today, the Indian rupee closes at 83 rupees and 96 paise against the U.S. dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was marginally up by 0.06 percent at 101.50 in intra-day trade....
August 21, 2024 1:57 PM
An RBI study has found that India’s private corporate investment is estimated to surge by 54 percent to 2,45,212 crore rupees in 2024-25 from 1,59,221 crore rupees last year. The study also indicates that aggregate capital expenditure (capex) intended by the private corporate sector in 2023–24 i...
August 21, 2024 8:19 AM
Employees' Provident Fund Organisation (EPFO) has added 19.29 lakh net members in June this year, registering a growth of 7.86 percent in comparison to the same month of the last year. The Ministry of Labour and Employment said that the surge in membership can be attributed to numerous factors, incl...
August 20, 2024 9:09 PM
Employees' Provident Fund Organisation (EPFO) has added 19.29 lakh net members in June this year registering a growth of 7.86 percent in comparison to same month of the last year. Ministry of Labour and Employment said that the surge in membership can be attributed to numerous factors, including inc...
August 20, 2024 7:22 PM
In Asian market three out of five indices today logged gains. Japan's Nikkei-225 gained 1.77 percent, South Korea's Kospi increased 0.83 percent and Singapore's Straits Times index added 0.44 percent. Conversely, China's Shanghai Composite Index slipped 0.94 percent and Hong Kong's Hang Seng Index f...
August 20, 2024 7:18 PM
Oil prices steadied today after falling for two straight sessions amid geopolitical concerns. The global oil benchmark Brent crude was up by 0.1 percent, to 77 dollars and 74 cents per barrel. The U.S. West Texas Intermediate (WTI) is also trading up 0.07 percent to 74 dollars and 42 cents per barre...
August 20, 2024 7:07 PM
Domestic Stock Indices, Sensex and Nifty registered a gain of around half a percent. At the closing bell, the BSE Sensex closed 378 points, or 0.47 percent higher at 80,803. the NSE Nifty also ended up by 126 points, or 0.51 percent, at 24,699. In the broader market at the BSE, the Mid-Cap Index ro...
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