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January 5, 2023 7:13 PM

Rupee appreciates 25 paise to close at Rs 82.55 paise against US dollar

In the forex market, the rupee today appreciated 25 paise against the US dollar. The domestic currency closed at 82 rupees and 55 paise against the American Unit. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, fell 0.07 percent t...

January 5, 2023 7:12 PM

Gold price declines Rs 260; Silver down by Rs 900

Gold price today declined 260 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 55,500 rupees per 10 gram. Silver also down 900 rupees to trade at 68,415 rupees per kilogram for March Contracts when reports last came in. In the New York Mercantile Exchange,...

January 5, 2023 7:09 PM

S&P 500 closes higher after Fed minutes confirm inflation focus

The US stocks finished higher but below its session peak after volatile trading following the release of minutes from the Federal Reserve's last meeting. In the meeting minutes, FED remained focus on controlling inflation even as they agreed to slow their interest rate hiking pace. The S&am...

January 5, 2023 6:22 PM

Country's coal production increases by 10.81 % to 82.87 MT in December 2022

Country's total coal production has increased by 10.81 percent to 82.87 million tonnes from 74.79 million tonnes in December 2022 as compared to corresponding month of last year.  According to the Coal Ministry, coal despatch increased by 5.28 percent to 78.91 million tonnes from 74.95 mill...

January 4, 2023 7:20 PM

Oil prices fall sharply; Crude prices tumble more than 3%

Oil today fell sharply after slumping in the previous session. The crude prices tumbled more than three percent amid concerns about weak demand due to the state of the global economy and China's rising COVID cases. In intra-day trade, Brent crude was trading at 79 dollars and 45 cents per b...

January 4, 2023 6:25 PM

US stocks closes lower on first trading day of 2023

The US stocks closed lower, yesterday, on the first trading day of 2023. Wall Street's main indices fell with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve's interest-rate hiking path as they awaited minutes from its December meeting. The...

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