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January 28, 2025 2:06 PM
The Reserve Bank of India has published the Payment System Report, December 2024. The report analyses the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to CY-2024. It also covers important developments in the payment ecosyste...
January 27, 2025 9:56 PM
The 50th edition of the Arab Health Exhibition & Congress opened today at the Dubai World Trade Centre, featuring a substantial Indian presence of 361 companies showcasing the nation's pharmaceutical and healthcare capabilities. The event, running from January 27-30, 2025, arrives...
January 27, 2025 6:32 PM
On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct certain operations to inject liquidity into the banking system. As per the bank's press release, the RBI will hold OMO purchase auctions of Government of India securities for an aggregate amount of 6...
January 27, 2025 6:01 PM
In the Forex market, the rupee today depreciated by 14 paise to settle at 86 rupees and 34 paise against the US dollar due to strong dollar demand and downtrend in domestic equities. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, is trading...
January 27, 2025 2:01 PM
Benchmark domestic equity indices, Sensex and Nifty, were trading around one per cent down due to heavy selling pressure in the afternoon trade today, amid weak global cues, and ongoing foreign outflows. The 30-share BSE Sensex tanked 760 points, to 75,430, and the NSE Nifty50 dipped 234 points, to ...
January 25, 2025 5:22 PM
U.S. stocks edged back from their all-time high as they closed out a second straight winning week with gains of more than 1.6 per cent. The Federal Reserve's first meeting of 2025 in the coming week stands to test the resurgence in U.S. stocks as investors gauge the extent of more equity-friendly ...
January 24, 2025 8:28 PM
India's foreign exchange reserves declined by 1.8 billion dollars to 623.98 billion dollars in the week ending January 17, the latest data released by the Reserve Bank of India (RBI) showed today. In the previous week, the country's forex reserves had dropped by 8.7 billion dollars in the week end...
January 24, 2025 6:45 PM
Oil prices rose today, but remained on track for a weekly decline after the US President Donald Trump announced plans to boost US production and demanded OPEC to lower prices. Brent Crude was trading over 0.4 percent up at 78 dollars and 62 cents per barrel, and WTI Crude also added over 0.3 perce...
January 24, 2025 6:03 PM
Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index surged over 1.8 percent, South Korea's Kospi gained over 0.8 percent, and China's Shanghai Composite Index added almost 0.7 percent. Meanwhile, Japan's Nikkei as well as Singapore's Straits Times index ended nearly flat,...
January 24, 2025 5:43 PM
Benchmark domestic equity indices today ended the week's last trading session with losses, snapping its two-day gaining streak. The 30-share index at the Bombay Stock Exchange, Sensex, shed 330 points, or 0.43 per cent, to close at 76,190. Similarly, the National Stock Exchange Nifty-50 fell 113...
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