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September 16, 2024 1:40 PM
Benchmark Indian equity indices hit fresh all-time highs in today's early trade as investors anticipated a rate cut by the US Federal Reserve, which further fuelled positive market sentiment. The 30-share BSE Sensex rose 293 points to hit a new fresh peak of 83,184 points, while the NSE Nifty also ...
September 15, 2024 5:43 PM
Oil prices fell as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count. As U.S. Gulf Coast production and refining activity resumes, investors have opted to offload oil contracts going into the weekend. Investors are look...
September 15, 2024 10:59 AM
The fourth edition of Global Bio-India 2024 successfully concluded after showcasing India’s biotech prowess. The three-day event was themed on the potential and opportunities in ‘Biotech Innovation’ and ‘Bio-manufacturing’ and their impact on the bio economy. In Global Bio India, the count...
September 14, 2024 5:52 PM
Erasing last week’s losses, domestic markets jumped 2 percent to hit a fresh record high in a volatile week, driven by positive global and domestic data. The Indian market rose on global rate-cut optimism, which provided an impetus worldwide. The European Central Bank lowered its deposit rate by 2...
September 13, 2024 9:25 PM
The government has scrapped the minimum price threshold for onion exports. In a notification, the Directorate General of Foreign Trade (DGFT) said that the Minimum Export Price condition on onions has been removed with immediate effect. Earlier, the government had set a minimum export price of 550 U...
September 13, 2024 8:45 PM
India's foreign exchange reserves rose by 5.2 billion dollars to a record high of 689.24 billion dollars for the week ending August 30. According to data released by the Reserve Bank of India today, the Foreign Currency Assets (FCAs) increased by 5.10 billion dollars to 604.1 billion dollars. ...
September 13, 2024 2:14 PM
Domestic benchmark indices, Sensex and Nifty are trading low after registering a strong rally in the previous session. Both indices witnessed a marginal fall of around 0.1 per cent in the intra-day trade. BSE Sensex was trading down 103 points to 82,860, and Nifty-50 was at 25,355 with a lo...
September 12, 2024 8:28 PM
The Index of Industrial Production (IIP) witnessed a growth of 4.8 percent in July on an annual basis, compared to 4.7 percent in June, according to data released today by the Ministry of Statistics and Programme Implementation. The three major components of IIP are mining, which registered a growth...
September 12, 2024 8:13 PM
India's retail inflation rose to 3.65 percent in August, slightly higher than the 3.6 percent reported in July this year. According to data released today, the Ministry of Statistics and Programme Implementation (MoSPI) highlighted that this is the second-lowest retail inflation in the past five yea...
September 12, 2024 7:33 PM
In the Indian Bullion Market, the 24 Karat Gold was trading 0.42 percent up at 72,530 rupees for 10 Grams and Silver 999 Fine, was trading 1.16 percent up at 85,370 rupees per one kilogram, a short while ago. At Multi Commodity Exchange, Gold and Silver prices were trading up today. The precious met...
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