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January 17, 2025 6:50 PM

Oil Prices Rise Amid Supply disruptions Following US Sanctions on Russian Energy

Oil prices advanced today amid concerns of supply disruptions due to the latest US sanctions on Russian energy. Brent Crude was trading nearly flat at 81 dollars and 32 cents per barrel, while WTI Crude gained over 0.2 percent to trade at around 78 dollars and 95 cents per barrel when reports last c...

January 17, 2025 6:46 PM

Asian Markets Show Mixed Trend; European Indices Surge Over 1%

Major Asian indices displayed mixed trends today. Hong Kong's Hang Seng Index gained 0.31 percent, Singapore's Straits Times Index added 0.25 percent, and China's Shanghai Composite Index gained 0.18 percent. Meanwhile, Japan's Nikkei ended down over 0.3 percent, and South Korea's Kospi fell 0.16 pe...

January 17, 2025 6:34 PM

US Stocks Slip as Investors focus on corporate earnings

US stocks fell yesterday, as investors focused on corporate earnings and a gauge set of macroeconomic data, including strong retail sales numbers in December and a more than-expected increase in the jobless claims for the previous week, which largely remained at levels consistent with a healthy labo...

January 17, 2025 6:31 PM

Rupee Slips 6 Paise to ₹86.61 Against Dollar; Dollar Index at 109

In the Forex market, the rupee today fell by 6 paise to settle at 86 rupees and 61 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 in intra-day trade....

January 17, 2025 7:20 PM

Indian Markets End Losing Streak: Sensex-Nifty Fall

Benchmark domestic equity indices today logged losses, snapping their three-day winning streak. The broader market indices at BSE, including the Mid-Cap and the Small-Cap indices, ended nearly unchanged. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 423 points, or 0.55 percent, to...

January 17, 2025 8:19 AM

India’s electronics exports surge 35% to record high in Dec 2024

India's electronics exports surged by 35.11 per cent to a two-year high of 3.58 billion dollars in December 2024 from 2.65 billion dollars in the same month of the previous year. Commerce Ministry said this reflects the increase in foreign demand for high-value Indian goods and rising domestic produ...

January 16, 2025 7:35 PM

RBI allows overseas branches of authorised Banks to open INR accounts

  To promote cross-border transactions in Indian Rupee and local currencies, the Reserve Bank of India has liberalised the Foreign Exchange Management Act (FEMA). Overseas branches of Authorised Dealer banks can now open INR accounts (accounts that hold Indian Rupee)  for non-residents to settle ...

January 16, 2025 6:53 PM

ITPO showcases India’s growing prominence in global security & safety sector.

ITPO registers strong presence at Intersec 2025 in Dubai;  Intersec 2025, the world's leading trade fair for security, safety, and fire protection, concludes today at the Dubai World Trade Centre, marking another milestone in its 25-year legacy of advancing industry innovation. Building on the suc...

January 16, 2025 6:40 PM

Asian & European markets end in positive territory

Major Asian indices logged gains today. Hong Kong's Hang Seng Index as well as South Korea's Kospi, both soared 1.21 percent each, Singapore's Straits Times index increased over 0.7 percent, Japan's Nikkei ended up by 0.33 percent and China's Shanghai Composite Index added almost 0.3 percent. Majo...

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