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January 14, 2025 6:48 PM

Rupee Slips 5 Paise to 86.63 Against US Dollar

In the Forex market, the rupee today fell by five paise to settle at 86 rupees and 63 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 109.58 in intraday trade....

January 14, 2025 6:42 PM

Oil Prices Dip Slightly

Oil prices fell slightly today, retreating from their recent gains. Brent Crude was trading at 80 dollars and 75 cents per barrel declining over 0.3 percent. WTI Crude also fell over 0.3 percent to trade at around 78 dollars and 56 cents per barrel, according to the latest reports....

January 14, 2025 8:11 PM

Sensex-Nifty End 4-Day Losing Streak

Benchmark domestic equity indices today ended with modest gains, snapping their four-day losing streak. The broader market indices at BSE recovered from yesterday's sell-off. The Mid-Cap index surged over 2.1 percent, and the Small-Cap index advanced nearly 1.7 percent.   The 30-share index at th...

January 14, 2025 11:57 AM

Indian stock market opens on a positive note

The Indian stock market opened on a positive note today. NSE Nifty 50 and BSE Sensex opened higher, Nifty 50 was 114 points or 0.49 per cent higher at 23,200, and the Sensex was 370 points or 0.49 per cent up at 76,700 in early trade.   The rupee rebounded from its lowest-ever level and appre...

January 14, 2025 11:11 AM

Country’s net direct tax collection surges by nearly 16% to ₹16.9 lakh crore

The Country's net direct tax collection has surged by nearly 16 per cent to around 16 lakh 90 thousand crore rupees in the current financial year so far. According to the Central Board of Direct Taxes, the gross direct tax collection has also achieved an impressive growth of around 20 per cent, amou...

January 13, 2025 5:38 PM

Rupee closes at 86.58 against US dollar

In the Forex market, the rupee today plunged by 61 paise to settle at 86 rupees and 58 paise against the US dollar due to the strengthening of the US currency. The rupee remained under pressure also due to multiple factors including losses in the domestic stocks, stronger than expected US job grow...

January 13, 2025 5:16 PM

Retail inflation eased to four four-month low of 5.22 percent in December

India's retail inflation eased to four four-month low of 5.22 percent in December, down from 5.48 percent in the previous month of the current fiscal year, as the rate of increase in food prices slowed. According to data released by the Ministry of Statistics and Programme Implementation (MoSPI), ...

January 13, 2025 4:55 PM

Sharjah: Over 35 Indian Companies showcase innovation at SteelFab Expo 

  The highly anticipated SteelFab Expo 2025 began at the Expo Centre Sharjah, featuring the largest-ever Indian participation with over 35 companies under the Confederation of Indian Industry India Pavilion. This milestone highlights India's growing prominence in the global metalworking and fabric...

January 13, 2025 4:14 PM

Sensex, Nifty-50 shed points during closing

Benchmark domestic equity indices today ended lower in line with global markets. The 30-share index at the Bombay Stock Exchange, Sensex, tanked 1049 points, or 1.36 percent, to close at 76,330. Similarly, Nifty-50 at the National Stock Exchange shed 345 points, or 1.47 percent, to settle at 23,08...

January 11, 2025 7:13 PM

US market decline, S&P 500 Slips into the Red

US markets declined yesterday, with the S&P 500 erasing its 2025 gains after an upbeat jobs report stoked fresh inflation fears, reinforcing bets that the Federal Reserve will be cautious in cutting interest rates this year. The Dow Jones Industrial Average fell 697 points, or 1.6%, to 41,938. T...

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