Business

March 1, 2024 4:43 PM

Nearly 97.62% of Rs 2,000 currency returned to the banking system: RBI

The Reserve Bank of India (RBI) said that nearly 97.62 per cent of the 2,000 rupees bank notes have returned to the banking system, and only about 8,470 crore rupees worth of the withdrawn notes are still with the public. On May 19th, 2023, the RBI announced the withdrawal of Rs 2,000 denomination b...

February 28, 2024 6:43 PM

Oil Prices Retreat on U.S. Interest Rate Cut Delays and Increased Crude Stocks

Oil prices pulled back today as the prospect of delays to U.S. interest rate cuts and a rise in U.S. crude stocks offset a boost from a potential extension to OPEC supply curbs. In intra-day trade, Brent crude futures were trading around 0.85 percent lower at 82 dollars and 95 cents when reports las...

February 28, 2024 5:18 PM

U.S. Stocks Stable; Dow Jones Slightly Down, S&P 500 and Nasdaq Slightly Up

U.S. stocks ended nearly flat yesterday as investors awaited key economic indicators, particularly inflation data, which could influence the Federal Reserve's decision regarding interest rates. The Dow Jones ended 0.25 percent down. On the other hand the S&P 500 finished 0.17 percen...

February 26, 2024 7:20 PM

Key equity indices end on negative note

The Key equity indices ended on a negative note on Monday (26th February 2024) with Nifty below 22,150 amid selling across the sectors barring oil & gas, power and capital goods. At close, the Sensex was down 353 points or half a per cent at 72,790, and the Nifty was down 91 points or 0.40 p...

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