Dilip Soni 
The Benchmark indices Sensex and Nifty rose nearly 1 percent today. amid Positive queues from the Global share markets. The BSE Sensex gained 677 points, or 0.93 percent, to close at 73664. The NSE Nifty also rose 203 points, or 0.92 percent, and settled at 22404. In the broader market at the BSE, the
Two out of 5 Asian Major Indices are positive today. South Korea’s Kospi added 0.1 percent, Japan’s Nikkei rose 0.08 percent, China’s Shanghai Composite Index fell 0.83, Singapore’s Straits Times index lost 0.73 percent and Hong Kong’s Hang Seng Index lost 0.22 percent. Two out of 3 Europe’s major Indices are in Green today.
An Indian digital payments and financial services portal PhonePe has been launched in Sri Lanka today. Speaking at the launching event, High Commissioner of India to Sri Lanka Santosh Jha said that the launch of UPI and subsequently today’s launch of PhonePe is part of a broader agenda of connectivity. Noting that digital transformation has
Unemployment rate in urban areas for persons aged 15 and above has decreased to 6.7 per cent during the previous quarter January to March 2024. The unemployment rate was 6.8 per cent during the corresponding period of last year. According to the Periodic Labour Force Survey quarterly bulletin (January to March 2024), the female unemployment
India and Zimbabwe have agreed to explore cooperation in digital transformation solutions, tele-medicines, rough diamonds, fast payment systems and traditional medicine. During the third session of India-Zimbabwe Joint Trade Committee held in New Delhi, both sides reviewed the bilateral trade and explored the vast potential that exists between the two countries. Both sides agreed
India’s total exports of merchandise and services in April 2024 is estimated to be 64.56 billion dollars against 60.40 billion dollars in April 2023. The data shows a positive growth of 6.88 percent on a yearly basis. As per the data released by the Ministry of Commerce and Industry, Country’s merchandise exports grew by 1.08
Indian stock market benchmarks, the Sensex and the Nifty 50, ended in positive territory for the third consecutive session amid mixed global cues. At close, the 30-share BSE benchmark Sensex inches 328 points or 0.45 percent higher, settling at 73,105. Meanwhile, NSE Nifty witnessed a gain of 114 points or 0.51 percent, closing at 22,218.
Key Asian stocks ended mixed today. Japan’s Nikkei-225 jumped 0.46 percent, Singapore’s Straits Times Index added 0.29 percent and South Korea’s Kospi was marginally up by 0.11 percent. Whereas, Hong Kong’s Hang Seng Index slipped 0.22 percent and China’s Shanghai Composite fell 0.07 percent. Major European markets exhibited mixed behaviour. London’s FTSE-100 was marginally
In the forex market, the rupee closed at 83 rupees and 51 paise against the US dollar today. The dollar index, which indicates the US dollar’s strength against a basket of six other leading currencies was down at 105.19 in intra-day trade
India’s domestic coal stock has surged by 26 percent this year to reach 149 million tonnes. Coal Minister Pralhad Joshi in a social media post informed that the country’s production grew by 7.31 percent in April. He also said that the dispatch to power sector has increased by 5.43 percent Year-on-Year. Mr. Joshi also asserted