Business

February 8, 2023 7:03 PM

Crude oil rises for third day as rate hike concerns ease

Global crude oil prices on 8th Feb 2023 rose for a third straight day as investor concern eased about U.S. interest rate hikes. The crude prices climbed more than one per cent supported by an industry report also pointed to a drop in U.S. crude inventories. In intra-day trade, Brent crude was tradin...

February 8, 2023 6:35 PM

U.S. stocks climb amid volatility

U.S. stocks climbed on 7th Feb 2023 amid volatility. The three major indices rose as investors digested comments from Federal Reserve Chair Jerome Powell about how long the central bank may need to tame inflation. The Dow Jones Industrial Average rose 0.8 per cent, the S&P 500 gained 1.3 per...

February 8, 2023 6:34 PM

Gold down by Rs 10 to trade at Rs 57,250 per 10 gram

On 8th Feb 2023, Gold price fell marginally by 10 rupees at Multi Commodity Exchange for April contracts. The precious metal was trading at 57,250 rupees per 10 gram.   While silver was up 150 rupees to trade at 67,680 rupees per kilogram for March Contracts when reports last came in. In the New Yor...

February 8, 2023 5:30 PM

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RBI revises market hours of Govt securities

Reserve Bank of India has revised market hours of government securities from 9:00 AM to 3:30 PM to 9:00 AM to 5:00 PM. This change will be effective from the 13th of February 2023. The trading hours for various markets regulated by the Reserve Bank were amended from the 7th of April 2020 due to COVI...

February 8, 2023 1:33 PM

India made IT export worth 479 billion US dollar in past 3 years: Govt

The government today said that India has made an IT export worth 479 billion US dollar in the past three years. Minister of State for Electronics and Information Technology Rajeev Chandrasekhar, in a written reply, informed the Lok Sabha that IT export worth 178 billion US dollar was made by the cou...

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