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February 9, 2025 6:38 AM
Union Minister of Commerce and Industry Piyush Goyal has urged the pharmaceutical industry to prioritise quality and innovation, positioning itself as the driving force behind India’s medical advancements. Addressing the 63rd Annual Day programme of the Indian Drug Manufacturers' Association (IDMA...
February 8, 2025 5:55 PM
Oil prices finished with gains on Friday after new sanctions were imposed on Iran’s crude exports. But prices were down for the week as investors worried about US President Donald Trump’s renewed trade war with China and threats of tariffs on other countries. To increase pressure on Tehran, the ...
February 8, 2025 5:51 PM
All three major U.S. stock indexes finished steeply lower in a broad selloff that accelerated after a report that U.S. President Donald Trump will shortly announce new tariffs. The indexes all notched losses on the week. The much-anticipated employment report showed the U.S. added 143,000 jobs ...
February 7, 2025 7:40 PM
In the Indian Bullion Market, 24 Karat Gold was trading 0.24 percent up at 84,740 rupees per 10 grams, and Silver 999 Fine was also trading 0.21 percent up at 96,040 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold was trading with gains today. The precious metal, for th...
February 7, 2025 7:29 PM
Oil prices advanced today following the imposition of new sanctions on Iran's crude exports. However, they were on track for a third straight week of decline, impacted by US President Donald Trump's renewed trade conflict with China and potential tariffs on other nations. Brent Crude was trading 0.6...
February 7, 2025 6:40 PM
Major Asian indices displayed a mixed trend today. Hong Kong's Hang Seng surged over 1.1 percent, China's Shanghai Composite index rose one percent, and Singapore's Straits Times index gained 0.8 percent. Meanwhile, Japan's Nikkei fell over 0.7 percent, and South Korea's Kospi lost almost 0.6 percen...
February 7, 2025 7:50 PM
Benchmark domestic equity indices today ended with modest losses, extending their losing streak to the third consecutive session. The broader market indices at BSE displayed mixed trends. The 30-share index at the Bombay Stock Exchange, Sensex, dipped 198 points, or 0.25 percent, to close at 77...
February 7, 2025 2:09 PM
Almost after 5 years, the Reserve Bank of India (RBI) has reduced the policy repo rate by 25 basis points, from 6.50 per cent to 6.25 per cent. Governor Sanjay Malhotra made the announcement today in Mumbai, following a three-day meeting of the MPC. As a result, the standing deposit facility (SDF) r...
February 6, 2025 6:09 PM
Oil prices rose today. Brent Crude was trading 0.7 percent up at 75 dollars and 13 cents per barrel, and WTI Crude gained almost 0.8 percent to trade at around 71 dollars and 59 cents per barrel when reports last came in. Meanwhile, US commercial crude oil inventories increased by 8.7 million barrel...
February 6, 2025 5:57 PM
Major Asian indices ended in positive territory today. Hong Kong's Hang Seng surged over 1.4 percent, China's Shanghai Composite index rose over 1.2 percent, South Korea's Kospi increased over one percent, Japan's Nikkei added 0.6 percent, and Singapore's Straits Times index gained almost 0.4 percen...
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