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September 6, 2024 5:58 PM
In the Forex market today, Indian rupee appreciated two paise at 83 rupees 95 paise against the US dollar. The local unit opened at 83.97 and witnessed an intra-day high of 83.91 before ending the session at 83.95 against the American currency. The dollar index, which indicates US dollar's ...
September 6, 2024 8:58 PM
India's equity benchmark indices extended their losing streaks for third straight session following the uncertainties before the US Fed meeting this month. In the early morning deals, domestic indices opened downside with Nifty50 touching an intra-day low of 24,081 and Sensex logging an intra-day ...
September 6, 2024 1:47 PM
Commerce and Industry Minister, Piyush Goyal has said, it is time to take the India-Mediterranean relationship to the next level. Speaking at the India-Mediterranean Business Conclave 2024 in New Delhi, he called for greater business-to-business ties between India and Mediterranean nations. Mr Goyal...
September 6, 2024 12:06 PM
Union Agriculture Minister Shivraj Singh Chouhan has said that floods in Andhra Pradesh damaged crops in 1.8 lakh hectares and affected about 2 lakh farmers, as per initial estimates. He said the crops have suffered a lot of damage, especially flowers and turmeric. Mr Chouhan is on a two-day visit t...
September 6, 2024 12:21 PM
In view of the heavy rains and floods in Andhra Pradesh and Telangana, the Union Finance Ministry has directed public sector insurance companies to provide full support to people affected by the floods. In a social media post, the Ministry said that the insurance companies have been instructed to en...
September 5, 2024 9:18 PM
Reserve Bank of India (RBI) Governor Shaktikanta Das affirmed that India's economic growth remains on track. He said that the central bank’s projection of a 7.2 percent GDP growth for FY25 is realistic. He was addressing the inaugural session of the Annual FIBAC 2024 Conference,...
September 5, 2024 7:10 PM
Three out of five Asian indices ended in negative territory. Japan's Nikkei plunged more than one percent, Korea's Kospi declined nearly half a percent and Hong Kong's Hang Seng Index fell 0.07 percent. Conversely, Singapore's Straits Times Index increased 0.5 percent and China's Shanghai Composite ...
September 5, 2024 10:13 AM
Union Textile Minister Giriraj Singh has said that India’s textile industry is expected to grow to 350 billion US dollars by 2030. He said it will add 3.5 crore jobs in the country. Addressing a Curtain Raiser event of Bharat Tex 2025 in New Delhi yesterday, Mr Singh expressed hope of India being ...
September 4, 2024 7:44 PM
In the Indian Bullion Market, the 24 Karat Gold was trading 170 rupees down at 71,680 rupees for 10 Grams. Silver 999 Fine, was also trading 510 rupees down at 84,900 rupees per one kilogram, when the reports last came in. At Multi Commodity Exchange, Gold and Silver prices were trading dow...
September 4, 2024 6:31 PM
India's service sector activities surged to a five-month high in August due to resilient demand and easing inflationary pressures, according to the Services Purchasing Managers' Index (PMI) released today. The index, compiled by S&P Global, highlighted that PMI numbers rose to 60.9 in A...
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