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November 11, 2022 7:26 PM

Rupee strengthened 62 paise against US dollar

In the forex market, the rupee today strengthened 62 paise against the US dollar. The domestic currency closed at 80.78 against the American Unit over its previous close of 81.40. Forex traders said that positive domestic equities and sustained foreign fund inflows also supported the local unit. 

November 9, 2022 1:57 PM

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23rd tranche of electoral bonds opens for sale till 15th Nov

The 23rd tranche of electoral bonds has been opened for sale from today's onwards. It will be opened for sale till 15th of this month. State Bank of India has been authorized to issue and encash Electoral Bonds through its 29 authorized branches. The Ministry of Finance said, the Electoral ...

November 8, 2022 5:04 PM

Wall Street ends sharply higher

Wall Street ended sharply higher yesterday as investors focused on today's midterm elections that will determine control of Congress, while shares of Meta Platforms jumped on a report of job cuts at the Facebook parent. The Nasdaq Composite gained 1.3 per cent, S&P 500 rose one per ...

November 5, 2022 7:47 PM

US markets rise after snapping 4 days losing streak

Snapping four days of a losing streak, US markets rose on 4th November 2022 in volatile trade as investors wrestled with a mixed jobs report and comments from Federal Reserve officials on the pace of interest rate hikes. The Dow Jones Industrial Average rose 410 points, or 1.3 per cent, to 32,412. T...

November 5, 2022 7:39 PM

SBI logs highest-ever quarterly profit at Rs 13,265 cr in 2nd quarter

The country's biggest bank State Bank of India (SBI) has reported its highest-ever quarterly profit of 13,265 crore rupees for the second quarter ended on the 30th of September. The Bank's quarterly profit is 74 per cent higher than the 7,627 crore rupees reported in the year-ago p...

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