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January 21, 2025 4:20 PM
Benchmark domestic equity indices today ended lower amid a sell-off across all sectors, triggered by global and domestic factors. US President Donald Trump’s tariff threats targeting BRICS nations, weak third-quarter earnings, and persistent foreign institutional investor selling weighed on the ma...
January 21, 2025 11:49 AM
Chief Economic Adviser Dr. V. Anantha Nageswaran has stated that agriculture is the sector of the future. Speaking at the EXIM Bank annual citation event in New Delhi, he emphasized the importance of reallocating land to sectors within agriculture that are performing well. Dr Nageswaran also highlig...
January 20, 2025 7:33 PM
Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index surged over 1.7 percent, Japan's Nikkei gained over one percent, and China's Shanghai Composite Index was marginally up by 0.08 percent. Meanwhile, South Korea's Kospi fell 0.14 percent, and Singapore's Straits Times ind...
January 20, 2025 7:31 PM
India is now the seventh-largest coffee producer globally, with exports reaching 1.29 billion dollars in the last financial year. The Commerce and Industry Ministry said in a release that this is nearly double the 719 million dollars worth of exports in 2020-21. The Ministry also highlighted that in...
January 20, 2025 6:56 PM
Oil prices displayed mixed trend today, as traders awaited US President-elect Donald Trump's inauguration, hoping for clarity on his policy agenda, including plans to end the Russia-Ukraine war. Brent Crude was trading over 0.1 percent down at 80 dollars and 70 cents per barrel, while WTI Crude wa...
January 20, 2025 6:09 PM
World Economic Forum President and CEO Børge Brende forecast a 7 to 8 percent GDP growth for India on the back of higher investments driven by economic reforms. Talking to an Indian television channel in Switzerland’s Davos during 55th World Economic Forum (WEF) Annual Meeting, Brende sai...
January 20, 2025 5:57 PM
In the Forex market, the rupee today appreciated by 5 paise to settle at 86 rupees and 56 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 109.02 in intra-day trade. ...
January 20, 2025 5:22 PM
Benchmark domestic equity indices today ended with gains of over half percent, driven by a rally in the Banking, Telecommunication and Financial Services sectors. The 30-share index at the Bombay Stock Exchange, Sensex, rose 454 points, almost 0.6 percent, to close at 77,073. Similarly, the Nation...
January 20, 2025 9:18 AM
Employees’ Provident Fund Organization (EPFO) has simplified the online process of updating member profiles. The members whose Universal Account Number has already been validated through Aadhaar can update their profile with name, date of birth, gender, nationality, father or mother’s name, date...
January 19, 2025 5:07 PM
Domestic benchmark indices have been on edge throughout the last week as worries over slowing Quarter 3 earnings loom large. It will be interesting to see how the market reacts to the Union Budget and global inflation data, which is expected in the next few weeks. Foreign fund outflows, and US pol...
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