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September 16, 2024 6:19 PM
Oil prices rose in Asian trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by persistent demand worries and weaker China data. Still, nearly a fifth of crude oil production and 28% of natural gas output in the Gulf of Mexico remain offline in the hurri...
September 16, 2024 5:21 PM
Major Asian indices traded in the positive territory today. Singapore's Straits Times Index advanced 0.22 percent and Hong Kong's Hang Seng gained 0.33 percent. Major European Indices were traded mixed. Germany’s DAX plunged 0.24 per cent and London’s FTSE was down by 0.05 per cent wh...
September 16, 2024 5:18 PM
India's equity benchmark indices rallied to record highs with the BSE midcap index ending on a flat note, while the small-cap index was up by 0.3 per cent. At the closing bell, the Sensex, which is a pack of 30 companies, surged 98 points or 0.12 Percent, at 82,988 and the NSE Nifty was up ...
September 16, 2024 4:37 PM
In the Forex market today, Indian rupee was unchanged at 83 rupees 89 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, is trading at 100.72 in intra-day trade....
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. ...
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