Business

ONGC Director Alka Mittal takes additional charge as CMD ONGC

January 5, 2022 8:56 AM

ONGC Director Alka Mittal takes additional charge as CMD ONGC

ONGC Director (HR) Alka Mittal has been given the additional charge of Chairman and Managing Director of ONGC. This makes her the first woman to head the Energy major. She was given the additional charge after incumbent Subhash Kumar superannuated on 31st of December last year. Alka Mittal is the se...

Oil prices rise ahead of OPEC plus meeting

January 4, 2022 8:03 PM

Oil prices rise ahead of OPEC plus meeting

Oil prices today rose as investors expected OPEC plus producers meeting on output to stick with their planned increase for February based on indications Omicron would have only a mild impact on demand. Brent crude was trading around 79 dollars and 20 cents per barrel while WTI crude prices were at 7...

Rupee weakens 30 paise against U.S. dollar

January 4, 2022 7:57 PM

Rupee weakens 30 paise against U.S. dollar

In the forex market, the rupee today weakened 30 paise against the US dollar. The domestic unit closed at 74 rupees and 56 paise against the US currency.  The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies rose 0.2 percent to trade at...

Gold trades at Rs 47,790; Silver trades above Rs 61,000

January 4, 2022 7:51 PM

Gold trades at Rs 47,790; Silver trades above Rs 61,000

Gold prices today gained 70 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 47,790 rupees per 10 gram in intra-day trade.  Silver prices fell marginally by 40 rupees to 61,700 rupees per kilogram for March Contracts when reports last came in. In the New Y...

S&P 500, Dow hit record highs on first trading day of 2022

January 4, 2022 7:37 PM

S&P 500, Dow hit record highs on first trading day of 2022

The S&P 500 and Dow Jones Industrial Average posted closing record highs on the first trading day of the year yesterday, helped by gains in Tesla Inc and bank shares. The Dow Jones Industrial Average added 0.7 percent, the S&P 500 rose 0.6 percent and the Nasdaq Composite index jumpe...

Sensex climbs 673 points; Nifty trades at 17,805

January 4, 2022 7:15 PM

Sensex climbs 673 points; Nifty trades at 17,805

The Sensex and the Nifty today rose more than one percent. Both stocks gained amid positive global cues. The Sensex closed above 59,800 and the Nifty settled above the 17,800 level.  The BSE Sensex climbed 673 points, or 1.14 percent to trade at 59,856. The NSE Nifty also surged 180 points, or 1.02 ...

India achieves highest ever export of 37.29 billion dollars in December

January 4, 2022 9:03 AM

India achieves highest ever export of 37.29 billion dollars in December

Commerce Minister Piyush Goyal has said India's exports in December surged 37 percent on an annual basis to 37.29 billion US Dollars, which is highest-ever monthly figure. He said India's exports of goods will cross 400 billion dollars this fiscal. Imports in December too rose by 3...

Gold down by Rs 60; Silver falls Rs 220 per kg

January 3, 2022 6:21 PM

Gold down by Rs 60; Silver falls Rs 220 per kg

Gold prices today lost marginally by 60 rupees at Multi Commodity Exchange for February contracts. The precious metal was trading at 48,040 rupees per 10 gram in intra-day trade. Silver prices also fell 220 rupees to 62,440 rupees per kilogram for March Contracts when reports last came in. In the Ne...

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