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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...

January 16, 2025 6:36 PM

Rupee depreciates by 19 paisa to settle at 86.55 against US dollar

In the Forex market, the rupee today depreciated by 19 paise to settle at 86 rupees and 55 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 109.13 in intra-day trade....

January 16, 2025 5:47 PM

India’s electronic export surges by over 35 percent campared to last year

India's electronics exports surged by 35.11 percent 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, reflecting the increase in foreign demand for high-value Indian goods and rising domestic production capacities, data comp...

January 16, 2025 4:24 PM

Sensex closes with gains

Benchmark domestic equity indices today continued their positive momentum amid favourable global cues. The 30-share index at the Bombay Stock Exchange, Sensex, advanced 319 points, to close at 77,043. Similarly, the National Stock Exchange Nifty-50 added 99 points, to settle at 23,312. Both the in...

January 16, 2025 9:24 AM

Hindenburg Research shuts down amid controversial Adani report

Hindenburg Research, known for short-selling activities, has been shut down by founder Nate Anderson. The decision comes amid the widespread controversial report on the India-based Adani group. Anderson did not cite a specific reason for the closure but said it's a personal decision and other member...

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