Latst Business News.
Oil futures rose today following Saudi Arabia’s decision to raise June crude prices for most regions. Additionally, concerns over the slim prospect of a Gaza ceasefire deal renewed fears that the Israel-Hamas conflict could escalate, heightening tensions in the key oil-producing region. The Brent Crude Oil futures were up by 0.84 per cent to
Gold prices gained today in the futures market. The precious metal for the June contracts was higher by 582 rupees or 0.82 percent, trading at 71,250 rupees per ten grams. Silver futures for July contracts were up by 1,444 rupees or 1.78 per cent, trading at 82,487 rupees per kilogram, when the reports last came
Benchmark equity indices ended flat today in a choppy trading session. The BSE Sensex rose by 17 points or 0.02 per cent to close at 73,896 points, while the NSE Nifty fell by 33 points or 0.15 per cent to settle at 22,443 points. Domestic equity benchmarks closed on a lacklustre note due to ongoing
In the forex market, the rupee closed at 83 rupees and 50 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 up at 105.05 in intra-day trade.
Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees in equities and sold 1,726 crore rupees in debt this month. This came after FPIs pulled out equities worth 8,700 crore rupees in April. Before
Adopting a cautionary stance, foreign investors infused 1,156 crore rupees in the first two trading sessions of May. As per depositories data, Foreign Portfolio Investor (FPIs) invested 1,156 crore rupees in equities and sold 1,726 crore rupees in debt this month. This came after FPIs pulled out equities worth 8,700 crore rupees in April. Before
The Centre has lifted the ban on onion exports. In a notification, Directorate General of Foreign Trade said that the order effective immediately, is subject to a Minimum Export Price of 550 dollar per Metric Ton. The decision was taken considering factors such as estimated Rabi-2024 production, good Kharif prospect with above-normal monsoon forecast, current
Finance Minister Nirmala Sitharaman has refuted claims made by a news report that the Income Tax department is planning several changes after the Lok Sabha elections. In a social media post, Ms Sitharaman termed the report as pure speculation and said it was not even double-checked with the Finance Ministry. The media report claimed
Equity benchmark indices ended lower today amid a broad-based selloff with Sensex settling below the 74,000 level and Nifty retreating from a record high as investors pared exposure to telecom, capital goods and tech stocks. The 30-share BSE Sensex plunged 733 points or 0.98 per cent to settle at 73,878 after soaring 484.07 points
Equity benchmark indices ended lower today amid a broad-based selloff with Sensex settling below the 74,000 level and Nifty retreating from a record high as investors pared exposure to telecom, capital goods and tech stocks. The 30-share BSE Sensex plunged 733 points or 0.98 per cent to settle at 73,878 after soaring 484.07 points