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July 27, 2024 7:45 AM
India's foreign exchange (Forex) reserves rose to all-time high of 670.86 billion dollars for the third consecutive week as of 19th of July. According to the data released by RBI, the reserves surged by 4 billion dollars during the week. In the preceding two weeks, the Forex reserves rose by a cumul...
July 26, 2024 10:26 PM
The Reserve Bank of India (RBI) has issued a prompt corrective action (PCA) framework for primary (urban) co-operative banks to give more focus on larger UCBs that require more intensive monitoring by optimal utilisation of supervisory resources. The PCA framework will replace the supervisory action...
July 26, 2024 7:37 PM
India's foreign exchange (Forex) reserves rose for the third consecutive week to touch a new lifetime high of $670.86 billion as of July 19, according to the latest data released by the RBI on Friday. The reserves surged by $4 billion during the week after increasing by a cumulative of $14.9 billion...
July 26, 2024 7:12 PM
In the forex market, the Indian rupee appreciated marginally to end at 83 rupees and 72 paise against the US dollar. The Dollar index, which indicates its strength against a basket of six other leading currencies was up by 0.03 percent at 104.38....
July 26, 2024 5:01 PM
Indian benchmark indices snapped a five-day losing streak and ended higher with Nifty touching a fresh all-time high during the session. At close, the Sensex was up 1,293 points or 1.62 percent at 81,333 and the Nifty was up 428 points or 1.76 percent at 24,835. In the broader market at the...
July 26, 2024 2:49 PM
Indian benchmark indices extended gain after falling for five consecutive sessions. The recovery today was driven by a robust rally in metal and healthcare stocks. The 30 share index, Sensex soared more than 1,000 points or over 1.5 per cent to trade at 81,278 while the Nifty reclaimed the 2400...
July 25, 2024 10:01 PM
India's Equity Benchmark Indices, Sensex and Nifty ended with marginal losses today. The BSE Sensex declined 109 points, or 0.14 percent, to close at 80,040. The NSE Nifty shed 7 points, or 0.03 percent, to close at 24,406. In the broader market at the BSE, the Mid-Cap index down by 0.22 ...
July 24, 2024 9:08 PM
The Rajya Sabha has taken up discussion on the Union Budget 2024-2025. The House is also taking up discussion on the Budget of the Union Territory of Jammu and Kashmir for 2024-2025 simultaneously. Initiating the discussion, Congress MP P Chidambaram raised the issues of unemploymen...
July 24, 2024 7:35 PM
India's Equity Benchmark Indices Sensex and Nifty remained range-bound and ended with a slight fall today. The BSE Sensex dropped 280 points, or 0.35 per cent, to close at 80,149. The NSE Nifty is down by 66 points or 0.27 per cent, to close at 24,414. In the broader market at the...
July 23, 2024 9:59 PM
The Bombay Stock Exchange’s MD & CEO, Sundararaman Ramamurthy has termed the Union Budget 2024-25 as forward-looking, equitable and middle-class oriented. He said the budget’s clear emphasis on nine priorities lays down a roadmap for infrastructure development, startups and MSMEs, adding tha...
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