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August 16, 2023 8:57 PM
Finance Minister Nirmala Sitharaman met the Governor of Japan Bank for International Cooperation (JBIC), Hayashi Nobumitsu in New Delhi today. They exchanged views on JBIC’s recent activities in India contributing towards Japan’s investment target of five trillion yen over the next five years. D...
August 16, 2023 6:10 PM
Gold prices today declined 130 rupees at Multi Commodity Exchange for October contracts. The precious metal was trading at 58,845 rupees per 10 grams. On the other side, silver gained 245 rupees to trade at 70,200 rupees per kilogram for September Contracts when reports last came in. In t...
August 16, 2023 6:08 PM
Asian stock markets today ended with losses. South Korea's Kospi tumbled 1.8 percent, Japan's Nikkei-225 plunged one and a half percent and Hong Kong's Hang Seng index declined 1.4 percent. China's Shanghai Composite index slipped 0.8 percent and Singapore's Straits Times in...
August 16, 2023 6:06 PM
Oil prices were little changed today as investors weighed worries about China's embattled economy against expectations of tighter supply in the United States. In intra-day trade, Brent crude was trading at 84 dollars and 85 cents per barrel. West Texas Intermediate crude price was at...
August 16, 2023 6:01 PM
In the forex market, the rupee closed at 82 rupees and 95 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was at 103.10 in intra-day trade....
August 16, 2023 3:35 PM
In a recent discussion on Akashvani's program "Spotlight," the spotlight was on the Mines and Minerals Development and Regulation Act 2023, a game-changing policy reform aimed at revitalizing India's mineral sector. The act, which has received the assent of President Draupadi Mur...
August 15, 2023 7:38 PM
Russia has hiked interest rates to 12 percent after the rouble fell to its lowest value in 16 months. The currency fell past 100 per dollar yesterday, prompting Russia's central bank to hold an emergency meeting. Meanwhile, today the currency recovered slightly to 98 roubles to the dollar, b...
August 14, 2023 8:17 PM
India’s overall exports in July this year are estimated at 59.43 billion dollars, despite global headwinds. Commerce and Industry Ministry said that the overall trade deficit has improved by 45.22 percent during July this year to 8.35 billion dollars from 15.24 billion in July last year. Merchandi...
August 13, 2023 9:06 PM
The Centre has decided to release 50 Lakh Metric Tonnes of wheat and 25 LMT of rice through E-auctions under the Open Market Sale Scheme (Domestic) or OMSS (D) scheme. The reserve price of rice has been reduced by 200 rupees per quintal, with the effective price now being 2,900 rupees per quintal. D...
August 11, 2023 8:20 PM
The index of industrial production grew by 3.7 percent in June 2023 from 5.3 percent in May this year. As per the Ministry of Statistics and Programme Implementation data released today, manufacturing sector's output grew by 3.1 percent and Mining output rose by 7.6 percent for the reported per...
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