Business

March 26, 2021 7:47 PM

Rupee strengthens 11 paise at foreign exchange market

The rupee, at the foreign exchange market, strengthened 11 paise to Rs 72.52 against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, remained flat at 92.85.   

March 26, 2021 7:12 PM

Oil prices rise two per cent

Oil prices today rose two percent rebounding on concerns that it could take weeks to dislodge a giant container ship blocking the Suez Canal, which would squeeze supplies of crude and refined products.   In intra-day trade, the Brent was trading around USD 63.20 cents per barrel while WTI crude pric...

March 25, 2021 2:22 PM

March 24, 2021 8:17 AM

Fitch Ratings revises India's growth estimate to 12.8% for next fiscal

American credit rating agency Fitch has revised India's GDP growth estimate to 12.8% for next fiscal from the previous 11% on the back of a stronger carryover effect, a looser fiscal stance, and better virus containment.   The ratings agency, in its latest Global Economic Outlook GEO, antic...

March 23, 2021 7:31 PM

Asian markets end mostly lower

Asian markets ended mostly lower today. So Japan's Nikkei-225 index fell 0.6 percent; China's Shanghai Composite index dropped 0.9 percent; Hong Kong's Hang Seng index declined 1.3 percent and South Korea's Kospi index slipped 1 percent. But Singapore's S...

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