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February 21, 2025 8:42 PM
India's foreign exchange reserves dropped by 2.54 billion dollars, reaching over 635.7 billion dollars in the week ending February 14, according to the latest data released by the Reserve Bank of India (RBI). This decline follows three consecutive weeks of growth in the reserves. During the las...
February 21, 2025 8:02 PM
Reserve Bank of India (RBI) Deputy Governor Rajeshwar Rao has raised concern over excessive borrowing in unsecured loans and the euphoria in derivative capital markets. Mr. Rao said this while addressing the 2nd Annual Conference on Macroeconomics, Banking, and Finance in Mumbai today. The conferenc...
February 21, 2025 7:39 PM
In the Indian Bullion Market, 24 Karat Gold was trading 0.21 percent down at 86,070 rupees per 10 grams, and Silver 999 Fine was trading 0.14 percent down at 97,360 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold was trading with losses today. The precious metal, for the...
February 21, 2025 5:47 PM
Oil prices fell today but were on track for a weekly rise due to concerns over supply disruptions in Russia. Meanwhile, the US's commercial crude oil inventories increased by 4.6 million barrels to 432.5 million barrels in the week ending 14th February, while gasoline and distillate inventories fell...
February 21, 2025 5:28 PM
Major Asian indices logged gains today. Hong Kong's Hang Seng surged over 3.8 percent, China's Shanghai Composite rose over 0.8 percent, and Japan's Nikkei increased over 0.2 percent, while Singapore's Straits Times index as well as South Korea's Kospi both ended nearly flat. Major European indices ...
February 21, 2025 5:28 PM
US stocks edged down yesterday as ongoing tariff jitters and a downbeat forecast from a leading multinational retail corporation dampened investor risk appetite. The Dow Jones Industrial Average dropped one percent, and the Nasdaq Composite as well as the S&P 500 fell over 0.4 percent each....
February 21, 2025 7:37 PM
The benchmark domestic equity indices today ended the week's last trading session with losses of over half a percent, extending their downslide to the fourth consecutive session. The broader market indices at the BSE ended in negative territory. The 30-share index at the Bombay Stock Exchange, ...
February 20, 2025 8:14 PM
In the Indian Bullion Market, 24 Karat Gold was trading over 0.31 percent up at 86,340 rupees per 10 grams, and Silver 999 Fine was trading over one percent up at 97,820 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal, for...
February 20, 2025 6:52 PM
Oil prices witnessed modest gains today as an industry body report showing a buildup in US crude stockpiles limited the rise. Brent Crude was trading over 0.2 percent up at 76 dollars and 28 cents per barrel, and WTI Crude gained over 0.1 percent to trade at around 72 dollars and 33 cents per barrel...
February 20, 2025 6:45 PM
In the Forex market, the rupee today strengthened by 30 paise to settle at 86 rupees and 66 paise against the US dollar, supported by the weakening of the American currency in the overseas market. The dollar index, which indicates the US dollar's strength against a basket of six other leading curren...
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