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December 9, 2024 7:33 PM
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
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 5:43 PM
After heavy withdrawals in the past two months, foreign investors have made a comeback to Indian equities with an investment of over 24,000 crore rupees in the first week of December. As per the depositories data, the foreign portfolio investors or FPIs, pumped in 24,454 Crore rupees into Indian equ...
December 8, 2024 12:51 PM
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. ...
December 8, 2024 9:00 AM
Union Minister of Commerce and Industry Piyush Goyal will meet a Norwegian industry delegation, led by Norwegian Ambassador May-Elin Stener, in Mumbai today. According to a statement from the Ministry of Commerce and Industry, the key focus of the business roundtable will be on the recent Free Trade...
December 8, 2024 8:54 AM
Ashtalakhshmi Mahotsav is being celebrated at the Bharat Mandapam in New Delhi to honor the diversity and cultural richness of Northeast India. The three-day festival, which will conclude today, aims to showcase the beauty, diversity and promise of the eight states of the region which include Assam,...
December 7, 2024 10:10 PM
Finance Minister Nirmala Sitharaman today chaired the second pre-budget consultation with various farmer associations and leading agricultural economists in connection with the forthcoming Union Budget 2025-26 in New Delhi. She also held consultations with the stakeholders from micro, small, and med...
December 6, 2024 5:38 PM
Union Finance Minister Nirmala Sitharaman chaired the first pre-budget consultation with leading economists in New Delhi on Friday for the upcoming union budget. Along with the finance minister, Minister of State for finance Pankaj Chaudhary, Finance Secretary and Chief Economic Adviser also attende...
December 6, 2024 4:07 PM
Domestic benchmark equity indices ended marginally lower in today's volatile session, snapping their five-day winning streak. The 30-share BSE Sensex shed 57 points, or 0.07 percent, to close at 81,709 and the NSE Nifty50 dipped 31 points, or 0.12 percent, to settle at 24,678. In the Global Crude Ma...
December 5, 2024 8:45 PM
S&P Global Ratings predicts a 3 percent global economic expansion in 2025, with growth slowing in the U.S. and China, while the Eurozone recovers and emerging markets stabilize. The forecast cites easing inflation, resilient labor markets, and strong consumer spending as key factors supporting s...
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