Business

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

In the forex market, the rupee closed at 83 rupees and 53 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 105.28 in intra-day trade.

Gold prices slipped marginally in the futures market on Saturday. The precious metal was lower by 5 rupees or 0.1 per cent, trading at 72,722 rupees per ten grams. However, Silver futures for July contracts were up by 74 rupees or 0.9 per cent, trading at 84,984 rupees per kilogram, when the reports last came

Foreign portfolio investors (FPIs) have been on a selling spree in May, offloading over Rs 17,000 crore worth of Indian equities. This trend has been influenced by the rise in US bond yields and the stronger performance of Chinese and Hong Kong markets. According to the data provided by National Securities Depository Ltd (NSDL), FPIs