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 up at 105.25 in intra-day trade.
All three benchmark US indices closed higher yesterday in the third straight session as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year. The Dow Jones Industrial Average rose 0.46 percent, the S&P 500 gained 1.03 percent and the Nasdaq Composite jumped 1.19
Oil prices remained stable today despite concerns over escalating conflict in the West Asia, particularly as Israel intensified its attacks in southern Gaza. The Brent Crude Oil futures was down by 0.35 percent to trade at 83 dollar and four cents, whereas Western Texas Intermediate was lower by 0.36 percent at 78 dollar and
Gold prices slipped today in the futures market. The precious metal for the June contracts was lower by 274 rupees or 0.38 percent, trading at 71,095 rupees per ten grams. Silver futures for July contracts were down by 260 rupees or 0.31 percent, trading at 82,695 rupees per kilogram, when the reports last came in.
Paring all its early gains, the 30-share BSE Sensex went lower by 384 points or 0.52 percent to settle at 73,512. The NSE Nifty declined 140 points or 0.62 percent to settle at 22,302.50. From the Sensex basket, Power Grid, IndusInd Bank, Tata Motors, JSW Steel and HCL Technologies were among the major laggards.
In the Kashmir Valley, two terrorists were killed today in an encounter that broke out between terrorists and security forces in Redwani Payeen village of Kulgam district, yesterday evening. Official sources said that a joint team of Police, Army’s one Rashtriya Rifles and CRPF launched a Cordon and Search Operation on specific information about
Sri Lanka has sealed a 20-year power deal with Adani Green Energy Ltd of India. Sri Lanka’s Cabinet of Ministers have approved the project under which two wind power stations will be developed by Adani, marking a crucial step towards sustainable energy solutions. The approval granted last year for Adani’s $442 million investment in 484
External Affairs Minister, Dr. S. Jaishankar today emphasized India’s stance as a principled yet robust nation highlighting the country’s evolving approach towards global challenges. Speaking at the Viksit Bharat 2047 program at Delhi University’s Hansraj College, Dr. Jaishankar lauded the rapid technological developments in the country. He asserted confidence in India becoming a 30 trillion economy by
Indian Naval Ships Delhi, Shakti, and Kiltan have reached Singapore as part of Eastern Fleet deployment to South China sea. The Defence Ministry said, this visit is poised to further strengthen the longstanding friendship and cooperation between the two maritime nations through a series of engagements and activities. The Indian Navy and Singapore Navy
Actor Shekhar Suman today joined BJP. He was inducted into the party in the presence of party General Secretary, Vinod Tawde and party leader Anil Baluni at BJP headquarter in New Delhi. Former Congress leader Radhika Khera also joined BJP.