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December 11, 2024 1:26 PM

FM Nirmala Sitharaman emphasizes on need for govts and industries globally to work together to restore global calm

Finance Minister Nirmala Sitharaman today emphasized the need for governments and industries globally to work together to restore global calm. Addressing the gathering at the Opening Plenary Session of CII’s Global Economic Policy Forum in New Delhi, Ms Sitharaman highlighted that the global pri...

December 10, 2024 8:03 PM

SIP Inflows Cross Rs 25,000 Crore Mark for 2nd Consecutive Month in November

The inflow into systematic investment plans (SIPs) in the country topped the 25,000 crore rupees mark for the second consecutive month and stood at 25,320 crore rupees in November this year, almost similar to the October figures of 25,323 crore rupees. According to data from the Association for Mutu...

December 10, 2024 8:51 PM

Benchmark domestic equity indices end on a flat note

Benchmark domestic equity indices ended on a flat note on Tuesday. The broader market indices at the Bombay Stock Exchange ended in positive territory. The Mid-Cap and the Small-Cap indices added 0.3 percent each.   The 30-share BSE Sensex rose marginally by two points to close at 81,510, while t...

December 9, 2024 8:28 PM

Benchmark domestic equity indices ended with marginal losses of 0.2%

Benchmark domestic equity indices today ended with marginal losses of 0.2 percent. The broader market indices at the Bombay Stock Exchange outperformed the equity market. The Mid-Cap index added 0.32 percent and the Small-Cap index rose nearly half percent.   The 30-share BSE Sensex fell 201 ...

December 9, 2024 7:33 PM

Oil prices surge over 1%

Oil prices today surged over one percent as top importer China announced that it will adopt an moderately loose monetary policy next year as part of steps to support economic growth and amid uncertainty after the fall of Syrian President Bashar al-Assad. Brent Crude was trading at around 71 dollars ...

December 9, 2024 7:10 PM

Rupee depreciated by 4 paise to settle at ₹84.73 against US dollar

In the Forex market, the rupee today depreciated by four paise to settle at 84 rupees and 73 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 105.83 in intra-day trade. ...

December 8, 2024 12:51 PM

India’s UPI succeeded in increasing financial inclusion and promoting equitable economic growth

India’s Unified Payments Interface (UPI) has succeeded in increasing financial inclusion and promoting equitable economic growth. According to a new study by IIM and ISB, UPI has enabled underserved groups, including subprime and new-to-credit borrowers to access formal credit for the first time. ...

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