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May 6, 2024 6:38 PM
Oil futures rose today following Saudi Arabia's decision to raise June crude prices for most regions. Additionally, concerns over the slim prospect of a Gaza ceasefire deal renewed fears that the Israel-Hamas conflict could escalate, heightening tensions in the key oil-producing region. The Bre...
May 6, 2024 4:43 PM
In the forex market, the rupee closed at 83 rupees and 50 paise against the US dollar today. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies was up at 105.05 in intra-day trade....
May 5, 2024 7:00 PM
Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees in equities and sold 1,726 crore rupees in debt this month. This came after FPIs pulled out equ...
May 4, 2024 9:03 PM
The Centre has lifted the ban on onion exports. In a notification, Directorate General of Foreign Trade said that the order effective immediately, is subject to a Minimum Export Price of 550 dollar per Metric Ton. The decision was taken considering factors such as estimated Rabi-2024 production, goo...
May 3, 2024 9:08 PM
Finance Minister Nirmala Sitharaman has refuted claims made by a news report that the Income Tax department is planning several changes after the Lok Sabha elections. In a social media post, Ms Sitharaman termed the report as pure speculation and said it was not even double-checked with the Finance ...
May 3, 2024 6:07 PM
Equity benchmark indices ended lower today amid a broad-based selloff with Sensex settling below the 74,000 level and Nifty retreating from a record high as investors pared exposure to telecom, capital goods and tech stocks. The 30-share BSE Sensex plunged 733 points or 0.98 per cent to settle ...
May 2, 2024 8:02 PM
Oil prices rose today, bouncing back after three consecutive days of decline. This surge was driven by anticipation that the recent dip might prompt the United States, the largest consumer of crude globally, to initiate replenishment of its strategic reserve, thereby stabilizing prices. However, the...
May 2, 2024 6:19 PM
Benchmark indices rebounded and ended higher in the volatile session today with Nifty around 22,650 as record GST collections in April, positive manufacturing data, and foreign fund inflows boosted investor sentiment. The 30-share BSE Sensex rose 128 points or 0.17 per cent to close at 74,611 poi...
May 2, 2024 6:16 PM
Gold prices declined today in the futures market. The precious metal was lower by 40 rupees, or 0.06 per cent, trading at 70,685 rupees per ten grams. Silver futures for July contracts were down by 429 rupees, or 0.53 per cent, trading at 80,798 rupees per kilogram, when the reports last came in. ...
May 2, 2024 5:03 PM
Key Asian stocks ended mixed today. Hong Kong's Hang Seng Index rose 2.44 percent and Singapore's Straits Times index jumped 0.13 percent. On the other hand, South Korea's Kospi declined 0.30 percent and Japan's Nikkei-225 fell 0.10 percent. Whereas China's Shanghai Composite index was closed on acc...
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