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Positive domestic markets and the expectation of fresh foreign inflows made the Rupee appreciate in the forex market today. The rupee appreciated 17 paise to close at 83 rupees and 33 paise against the US dollar on Friday.
Gold price witnessed a slight increase today. The Precious Metal, for 5th June 2023 contract was trading at 73,070 rupees per 10 grams. Silver for 5th July 2023 contract also increased today and trading at 87,719 rupees per Kilogram, when reports last came in.
Three out of five major Asian Indices ended positive today. China’s Shanghai Composite Index rose one percent, Singapore’s Straits Times index gained 0.26 percent, Hong Kong’s Hang Seng Index climbed 0.9 percent. On the other hand, South Korea’s Kospi lost one percent, and Japan’s Nikkei fell 0.34 percent. European Markets All 3 European
The Benchmark indices Sensex and Nifty ended in green today amid negative queues from the global share markets. The BSE Sensex advanced 253 points, or 0.34 percent, to close at 73,917 points. The NSE Nifty gained 62 points, or 0.28 percent, to settle at 22,466 points. In the broader market at the BSE, the Mid-Cap
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