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October 10, 2024 2:09 PM
The central government released tax devolution of over one lakh 78 thousand crore rupees to state governments today. According to the Finance Ministry, an advance installment was released in view of the upcoming festive season and to enable states to accelerate capital spending and finance their dev...
October 10, 2024 12:16 PM
Indian equity indices opened green early today, following positive cues from the US and Asian peers. The Sensex was up 264 points or 0.33 per cent at 81,732 to trade, and Nifty was up 69 points or 0.28 per cent at 25,051 when reports last came in....
October 10, 2024 9:49 AM
The National e-Governance Division has announced the integration of the UMANG app with DigiLocker to provide citizens seamless access to a wide range of government services. The Electronics and IT Ministry said that this collaboration will allow users to manage multiple services through a single pla...
October 9, 2024 6:05 PM
In the Forex market today, Indian rupee today ended unchanged at 83 rupees 96 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 102.61 in intra-day trade. ...
October 9, 2024 9:35 PM
Domestic benchmark indices today ended with marginal losses. The Sensex declined 168 points to close at 81,467. Similarly, the Nifty fell 31 points to settle at 24,982. At the National Stock Exchange, 69 companies hit their 52-week high, and 18 hit their 52-week low. The broader ...
October 9, 2024 12:05 PM
The Reserve Bank of India today decided to keep the policy repo rate unchanged at 6.50 per cent for the tenth time in a row. Consequently, the standing deposit facility (SDF) rate remains at 6.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 6.75 per cent. The RBI has ma...
October 9, 2024 10:57 AM
Union Finance Minister Nirmala Sitharaman has emphasized that the health of banks directly influences overall economy and financial stability of households. Speaking at an event in Mumbai, the Union minister stated that the banks must practice prudence in lending to generate profits while minimizing...
October 9, 2024 10:51 AM
The Reserve Bank of India has announced a Scholarship Scheme for faculty members from academic institutions. Under the scheme, full-time faculty members teaching economics or finance at any UGC or AICTE-recognized universities or colleges in India are eligible to apply for short-term research. The a...
October 8, 2024 8:03 PM
Oil prices fell today as concern over potential oil supply disruption eased. In the global crude market, Brent crude was trading two percent down at 79 dollars and 24 cents per barrel and the U.S. West Texas Intermediate (WTI) was trading 2.2 percent down at 75 dollars and 43 cents per barrel, when ...
October 8, 2024 7:58 PM
In the Forex market today, Indian rupee ended marginally higher at 83 rupees 96 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 102.42 in intra-day trade. &nb...
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