Business

April 11, 2023 8:18 PM

Reserve Bank announces framework for acceptance of Green Deposits

With a view to foster and develop a green finance eco-system in India, the Reserve Bank has put in place a framework for acceptance of Green Deposits.   In a statement, RBI has said that the financial sector can play a pivotal role in mobilizing and allocating resources for green activities/projects...

April 11, 2023 5:50 PM

Oil prices steady as Chinese inflation data pointed to persistently weak demand

Oil prices today steadied as Chinese inflation data pointed to persistently weak demand but a softer dollar and hopes that the Federal Reserve might ease up on its policy tightening.   In intra-day trade, Brent crude was trading at around 84 dollars per barrel, while  West Texas Intermediate (WTI) c...

April 11, 2023 5:37 PM

Gold prices increase by Rs 410 rupees, Silver to trade at Rs 74,900/kg

Gold prices rose by 410 rupees at Multi Commodity Exchange for June contracts. The precious metal was trading at around 60,475 rupees per 10 grams. However, Silver also rose by 575 rupees to trade around 74,900 rupees per kilogram for May Contracts. In the global markets, gold was trading down at 2,...

April 11, 2023 5:34 PM

Rupee closes at 82.13 against US currency

In the Forex market, the rupee closed at 82 rupees and 13 paise against the US currency.   The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was trading 0.51 percent down at 102.06 in intra-day trade. 

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