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December 9, 2022 7:21 PM

Rupee strengthens 15 paise to close at Rs 82.28 against dollar

In the forex market, the rupee today strengthened 15 paise against the US dollar. The domestic currency closed at 82 rupees and 28 paise against the American currency. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, fell to trade ...

December 9, 2022 7:21 PM

Gold prices up by Rs 230 to Rs 54,280 per 10 grams

Gold prices on Friday rose 230 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 54,280 rupees per 10 grams. Silver also gained 280 rupees to trade at 67,310 rupees per kilogram for March Contracts when reports last came in. In the New York Mercantile Excha...

December 9, 2022 7:19 PM

US stocks end higher snapping five-session losing streak

US stocks ended higher yesterday snapping a five-session losing streak. The three major indices rose as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of interest rate hikes could soon slow. The Dow Jones Industrial Average ended 0.6 per cent up, the S&...

December 8, 2022 8:22 PM

RBI signs Currency Swap Agreement with Maldives Monetary Authority

The Reserve Bank of India (RBI) has signed a Currency Swap Agreement with the Maldives Monetary Authority under the SAARC Currency Swap Framework. This agreement will enable the Maldives authority to make drawals in multiple tranches up to a maximum of 200 million dollars from the RBI. The agreement...

December 7, 2022 7:59 PM

RBI Governor Shaktikanta Das explains RBI's role in G-20

Post Monetary Policy Press Conference by RBI Governor Shaktikanta Das was held in Mumbai today. Explaining the RBI's role in G-20,he said there are two tracks. One is finance and other is Sherpa track.  On finance track  Central bank will discuss on digital payments, banking services  and a...

December 6, 2022 1:37 PM

India's coal production increases by 11.66 % to 75.87 Million Ton in November

India's total coal production has increased by 11.66 per cent to 75.87 Million Ton (MT) from 67.94 MT during November this year as compared to November last year. Coal Ministry says, 24 mines out of the top 37 mines in coal production have produced more than 100 per cent and production of f...

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