Business

July 30, 2021 7:31 PM

Global crude Oil prices fall, but on track for weekly gain

Global crude Oil prices fell on Friday but remained on track to post weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of a resurgence in COVID-19 infections across the globe. So, Brent crude futures for October shed 20 cents, to 74.90 dolla...

July 30, 2021 7:29 PM

Euro zone inflation rises above European Central Bank's target

Euro zone inflation rose faster than expected this month, moving decisively past the European Central Bank's 2 percent target with much of this year's surge still to come. Data from Eurostat, the EU's statistics agency showed on Friday, inflation in the 19 countries sharin...

July 30, 2021 6:31 PM

Procurement of foodgrains is the highest ever in 2020-21: Govt

Government on Friday said the procurement of foodgrains is the highest ever in 2020-21. The country has procured over 869 lakh tonnes of paddy during current Kharif Marketing Season and over 433 lakh tonnes of wheat during Rabi Marketing Season 2021-22, which is the highest ever procured. This was s...

July 30, 2021 5:00 PM

Sensex falls by 66 points, Nifty closes at 15763

At the stock markets, the Sensex at the Bombay Stock Exchange fell 66 points, or 0.1 percent, to end at 52,587, today. The Nifty at the National Stock Exchange shed 15 points, or 0.1 percent, to 15,763.

July 29, 2021 6:12 PM

Gold up by Rs 570 at Rs 48,150 per 10 gram

Gold prices today surged 570 rupees at Multi Commodity Exchange for August contracts in sync with robust gains in the international markets. Gold was trading at 48,150 rupees per 10 gram. On the other hand, silver prices also rose around 1525 rupees to trade at 67,915 rupees per kilogram for Septemb...

July 29, 2021 6:10 PM

US dollar, stocks dip as Fed keeps taper timing close to chest

U.S. stocks and the dollar slipped on yesterday after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track. The Fed said after its latest policy meeting that the economy has been strengthening despite...

July 29, 2021 5:36 PM

Rupee appreciates 9 paise to Rs 74.28 against US dollar

The rupee today appreciated nine paise to close at 74 rupees and 28 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, fell 0.3 percent to trade at 92.05 in intra-day trade. 

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