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October 6, 2023 5:30 PM
The three major US indices ended just slightly lower after bouncing off session lows yesterday amid investors awaiting Friday's monthly jobs report and further possible clues on the outlook for interest rates. The Nasdaq Composite and the S&P 500, both fell 0.1 percent and the Dow ...
October 6, 2023 4:51 PM
Asian markets today ended with gains except for Japan's Nikkei-225 which declined 0.3 percent. Hong Kong's Hang Seng index surged 1.6 percent, Singapore's Straits Times index rose 0.6 percent and South Korea's Kospi added 0.1 percent. China's Shanghai Composite Index was clo...
October 6, 2023 4:43 PM
As the deadline to exchange or deposit 2000 rupee banknotes nears, the Reserve Bank has said that about 3.37 percent of the currency notes, worth 12 thousand crore rupees, still remain in circulation. Speaking to reporters in Mumbai today, RBI Governor Shaktikanta Das said notes worth about...
October 5, 2023 6:40 PM
In the forex market, the rupee closed at 83 rupees and 26 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 106.70 in intra-day trade. ...
October 5, 2023 6:35 PM
Brent crude prices fell near one and half percent today, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any boost from an OPEC plus panel maintaining oil output cuts to keep supply tight. In intra-day trade, Brent crude was trading at 84 dolla...
October 5, 2023 6:29 PM
Today, Gold was trading up at the Multi Commodity Exchange for October contracts. The precious metal was up 10 rupees, to trade at 56,730 rupees per ten grams. Silver futures for December also rose 315 rupees, to trade at 67,200 rupees per kilo when reports last came in. In the global marke...
October 5, 2023 6:20 PM
Dow Jones Industrial Average broke a three-day losing streak yesterday as Treasury yields pulled back from multi-year highs following the release of much weaker-than-expected jobs data. The Nasdaq Composite index increased by 1.4 percent, the S&P 500 added 0.8 percent and the Dow Jones ...
October 5, 2023 6:19 PM
Asian markets today ended gained except South Korea's Kospi which declined 0.1 percent. Japan's Nikkei-225 surged 1.8 percent, Singapore's Straits Times index rose 0.2 per cent and Hong Kong's Hang Seng index added 0.1 per cent. China's Shanghai Composite index was closed on...
October 3, 2023 9:26 PM
The World Bank has decided to maintain its growth forecast for India in the fiscal year 2023-24 at 6.3 per cent. This decision comes as India continues to exhibit strong economic growth despite facing substantial external challenges. The World Bank in its April report had cut India's g...
October 3, 2023 9:26 PM
The country has witnessed a substantial surge in overall coal production during last month with over 67 million tonne production. It has surpassed the figures of over 58 MT of the corresponding month in the previous year, representing an increase of around 16 percent. The production of Coal India Li...
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