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March 7, 2025 6:33 PM

Oil prices up by 1.5%

Oil prices edged up today. Brent Crude was trading over one and a half percent up at around 70 dollars and 54 cents per barrel. WTI Crude was also trading over one and a half percent up at around 67 dollars and 39 cents per barrel when reports last came in. ...

March 7, 2025 6:25 PM

Rupee strengthens by 23 paise against US dollar

In the Forex market, the rupee rebounded today and strengthened by 23 paise to settle at 86 rupees and 88 paise against the US dollar amid a decline in the American currency index. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is tradi...

March 7, 2025 6:19 PM

Major Asian markets slipped

Major Asian indices fell today. Japan's Nikkei lost more than 2.2 percent, Hong Kong's Hang Seng declined over half percent, South Korea's Kospi dropped almost half percent, China's Shanghai Composite slipped 0.25 percent, and Singapore's Straits Times index ended nearly flat. Meanwhile, major Eur...

March 7, 2025 4:51 PM

Domestic markets show mixed trends

The benchmark domestic equity indices ended nearly unchanged in the week's last trading session today. The 30-share index at the Bombay Stock Exchange, Sensex, fell slightly by seven points to close at 74,332 while the National Stock Exchange Nifty-50 added eight points to settle at 22,552. The br...

March 6, 2025 8:56 PM

New Credit Assessment Model based on digital footprints of MSMEs launched

Union Finance Minister, Nirmala Sitharaman and Minister of State, Finance Shri Pankaj Chaudhary launched the New Credit Assessment Model based on the scoring of digital footprints of MSMEs at Vishakhapatnam today. Ms Sitharaman said that the Union Government is committed to protecting the interest o...

March 6, 2025 7:12 PM

Oil prices up

Oil prices edged up today, recovering slightly from yesterday's low, but still remained under pressure amid trade tariffs between the US, Canada, Mexico and China, and Organization of the Petroleum Exporting Countries (OPEC+) plans to raise output. Brent Crude was trading over 0.6 percent up at ar...

March 6, 2025 6:28 PM

US markets ended high after announcement of exemption on auto imports

US stocks ended higher in a choppy trading session yesterday after a White House announcement confirmed that President Donald Trump has granted a one-month exemption on his proposed tariffs on auto imports from Mexico and Canada for US automakers. On Wall Street, the Nasdaq Composite increased ove...

March 6, 2025 6:26 PM

Major Asian Markets on Rise

Major Asian indices rose today. Hong Kong's Hang Seng surged over 3.1 percent to a three-year high, driven by Artificial Intelligence stocks and policy support, China's Shanghai Composite advanced over 1.1 percent, Japan's Nikkei added more than 0.7 percent, South Korea's Kospi gained 0.7 percent,...

March 6, 2025 6:22 PM

Rupee depreciates by 15 paise against US dollar

r In the Forex market, the rupee today depreciated by 15 paise to settle at 87 rupees and 11 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 104.20 in intra-day trade. ...

March 6, 2025 4:18 PM

Domestic markets end in positive territory for second straight session

The benchmark domestic equity indices today extended their positive momentum for the second straight session amid favourable global cues. The 30-share index at the Bombay Stock Exchange, Sensex, gained 610 points, or 0.83 percent, to close at 74,340 and the National Stock Exchange Nifty-50 rose 20...

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