Business

November 16, 2023 5:45 PM

U.S. stocks close higher, as investors welcome fresh inflation data

U.S. stocks closed slightly higher yesterday, as investors welcomed fresh inflation data. Dow Jones Industrial Average gained half a percent, the S&P 500 was 0.23 percent up and the Nasdaq Composite index added 0.13 percent.

November 16, 2023 5:44 PM

Asian share market ended mixed, China's Shanghai Composite index lost 0.7 percent

Asian share market ended mixed today. Hong Kong's Hang Seng fell 1.4 percent, China's Shanghai Composite index lost 0.7 percent and Japan Nikkei-225 slipped 0.3 percent while marginal gains were registered by South Korea's Kospi index at 0.1 percent and Singapore'...

November 16, 2023 5:43 PM

Rupee ends at 83.24 against the US dollar

In the forex market, the Indian rupee today ended at 83 rupees and 24 paise against the US dollar. The dollar index, which indicates the US currency's strength against a basket of six other leading currencies, was trading flat at 104.42 in intra-day trade.

November 15, 2023 8:27 PM

RBI directs Bajaj Finance to stop sanction, disbursal of loans under two lending products

November 15, 2023 6:12 PM

India's overall exports in October 2023 estimated at USD 62.26 Billion

India's overall merchandise and services export is estimated to be 62.26 billion US dollars in October exhibiting a growth of 9.43 per cent from the corresponding period of last year. Overall import is estimated to be 79.35 billion US dollar in October. According to the Commerce and Indus...

November 14, 2023 8:43 AM

Retail inflation eases to 4.87% in October compared to 5.02 % in September

Retail inflation, based on Consumer Price Index (CPI), eased to 4.87 per cent in October compared to 5.02 per cent in September this year. According to the Ministry of Statistics and Programme Implementation, rural areas saw a higher inflation rate at 5.12 percent compared to urban areas at 4.62 per...

November 13, 2023 7:06 PM

Gold Prices Dip in India and Global Markets; Dec Contract at INR 59,670, Silver at INR 69,500

Today, Gold was trading lower at the Multi Commodity Exchange for December contracts. The precious metal was down by 82 rupees to trade at 59,670 rupees per ten grams. Silver futures for December contracts was down by 532 rupees to trade at 69,500 rupees per kilo when reports last came in. In the gl...

November 13, 2023 5:59 PM

Govt e-Marketplace (GeM) Achieves Two Lakh Crore GMV Milestone in Less Than Eight Months, Showing Remarkable Growth in Services Sector and Contributing to Over 45 Thousand Crore Rupees in Govt. Saving

Ministry of Commerce and Industry has said that Government e-Marketplace (GeM) has reached a significant milestone by surpassing two lakh crore in Gross Merchandise Value (GMV) in less than eight months of the current fiscal year. GeM also witnessed a significant growth in average GMV per day rea...

November 11, 2023 6:21 PM

Wall Street Soars on Tech and Growth Stocks as Treasury Yields Stabilize

Wall Street's major indices ended with robust gains yesterday boosted by heavyweight tech and growth stocks as Treasury yields calmed, while investors looked ahead to next week's reports on inflation and other economic data. The Nasdaq Composite index surged two percent, the S&...

November 11, 2023 5:24 PM

Indian Indices Extend Gains Despite Volatility in the Global Market

The key domestic indices extended the gaining streak for the second consecutive week ended on Friday. Hence, Indian indices ended the last week of Samvat 2079 on a positive note amid volatility due to Fed chair's comments on rate hike going ahead, ease in US treasury yields and falling crud...

Social Media Links

Transcript summary

Most Read