Business

December 26, 2023 1:31 PM

Startups have provided over 12 lakh jobs in various sectors, says Govt

Government today said that startups have provided over 12 lakh jobs in various sectors. These jobs have been created by one lakh fourteen thousand startups in the country. In a statement, the Ministry of Commerce and Industry said over three thousand 600 compliances decriminalized and more than 41 t...

December 23, 2023 10:19 PM

Domestic Coal Based Power Generation increases by 8.38 % during April-Nov 2023

India has witnessed a remarkable 7.71 percent surge in power generation and 11.19 percent in Coal-based power generation from April to November this year, as compared to the corresponding period of the previous year. The Coal Ministry said that the unprecedented rise showed because of temperature, d...

December 23, 2023 6:17 PM

U.S. stocks mixed ahead of long Christmas weekend

U.S. stocks gyrated to a mixed close on Friday as investors headed into the Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year.   All three indexes turned less decisive in light trading as the aftern...

December 23, 2023 6:16 PM

Market snaps seven-week rally; PSU Banks worst hit

Indian equity markets snapped seven weeks rising momentum to finish 0.5 percent lower but touched fresh record highs in the volatile week ended December 22 amid mixed global cues and fear of rising covid cases in India.   For the week, BSE Sensex shed 0.52 percent or 376.79 points to finish at 71,10...

December 22, 2023 7:46 PM

Gold price up Rs 558 to trade at 63,061 rupees per ten gram

Today, gold was trading up at the Multi Commodity Exchange for February contracts. The precious metal was up 558 rupees to trade at 63,061 rupees per ten gram. Silver futures for March contracts were up 392 rupees to trade at 75,818 rupees per kilogram when reports last came in.   In the global mark...

December 22, 2023 5:17 PM

Rupee closes at Rs 83.15 against the US dollar

In the forex market, the Indian rupee closed at 83 rupees and 15 paise against the US dollar.   The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was down, to trade at 101.64 in intra-day trade.

December 22, 2023 5:16 PM

Key US indices ended higher after Fed revived investor risk appetite

Key US indices ended higher yesterday as economic data fueled optimism that the Federal Reserve would ease monetary policy and revived investor risk appetite.   The Nasdaq Composite index gained 1.3 percent, the S&P 500 rose one percent and the Dow Jones Industrial average added 0.9 percent.

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