Business

April 24, 2024 6:40 PM

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Key Asian stocks end higher; Gold prices decline

All key Asian stocks ended higher today. Japan's Nikkei-225 gained 2.36 per cent, Hong Kong's Hang Seng Index jumped 2.16 per cent, South Korea's Kospi added 1.97 per cent, China's Shanghai Composite index rose 0.75 per cent and Singapore's Straits Times index jumped 0.62 percent.   All major Europe...

April 23, 2024 7:49 PM

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Extreme weather conditions may pose risk to inflation: RBI Bulletin

The Reserve Bank of India’s April bulletin has said that conditions are shaping up for an extension of a trend upshift in real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments. The article titled ‘State of the Economy’ says that CPI inflation settled at 4.9 ...

April 23, 2024 5:54 PM

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Key Asian stocks end mixed; Major European markets trade higher

Key Asian stocks ended mixed today amid positive global cues. Hong Kong's Hang Seng Index rose 1.90 percent, Singapore's Straits Times index jumped 1.45 percent, and Japan's Nikkei-225 added 0.30 percent. On the other hand, China's Shanghai Composite index declined 0.75 percent. South Korea's Kospi ...

April 22, 2024 5:45 PM

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Brent Crude Trades Above $86, Slips Amid Easing West Asia Tensions

Brent Crude slipped today though it remained above 86 dollars a barrel as traders turned their focus back to inflation amid easing tensions in West Asia.   The Brent Crude oil futures was lower at 86 dollar and 86 cents, whereas Western Texas Intermediate was down at 83 dollar and 05 cents when...

April 22, 2024 5:41 PM

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Gold and Silver Prices Decline in Domestic and Global Markets

Gold was trading lower today at the Multi Commodity Exchange for June contracts. The precious metal was down by 934 rupees or 1.28 percent to trade at 71,872 rupees per ten grams. Silver futures for May contracts was lower by 1,772 rupees or 2.12 percent to trade at 81,735 rupees per kilogram, when ...

April 21, 2024 8:39 PM

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Net direct tax collection surges to over Rs 19 lakh cr during last fiscal

India's net direct tax collections for FY 2023-24 surged 17.7 percent to 19.58 lakh crore rupees compared to 16.64 lakh crore rupees in the previous financial year and surpassed the budget estimate for FY24 by 1.35 lakh crore rupees, or 7.4 percent. The budget estimate for direct tax mop-up for the ...

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