Oil prices rise one percent due to prevailing geopolitical tensions after Houthi attacks on ships in Red Sea
Oil prices rose about one percent yesterday due to prevailing geopolitical tensions after Houthi attacks on ships in the Red Sea.In intra-day trade, B...
India to be fastest growing economy in FY25 says Fitch ratings
Mumbai: Fitch Ratings expects India to be among the world's fastest-growing countries, with resilient GDP growth of 6.5 per cent in 2024-25. For the c...
Rupee up 2 paise to 83.25 against US dollar in early trade
Mumbai: The rupee rose 2 paise to 83.25 against the US dollar in early trade on Friday, tracking lower greenback on the back of easing US bond yield.H...
Africa’s second largest oil producer Angola leaves OPEC after disagreements over production targets
Africa’s second biggest oil producer, Angola has said that it is leaving OPEC after disagreements over its production targets, in a blow to the oil ca...
Centre launches ninth round of auction for commercial coal mines
Coal Minister Pralhad Joshi launched the 9th round of Commercial Coal Mine Auctions in New Delhi yesterday. Addressing the gathering, Mr Joshi said a ...
Brent Crude Hits 80/Barrel on Global Trade Concerns and West Asia Geopolitical Tensions
Brent crude oil topped 80 dollars per barrel yesterday amid jitters over global trade disruption and geopolitical tensions in the West Asia.In intra-d...
Rashmi Group gets coal mining rights in West Bengal
Kolkata: City-based business conglomerate Rashmi Group has bagged the first-ever private coal mining rights in West Bengal.The union coal ministry thr...
Sensex, Nifty hit fresh all-time high levels
Mumbai: Benchmark equity indices Sensex and Nifty hit their fresh all-time high levels in early trade on Wednesday amid a firm trend in global markets...
China’s Alibaba names CEO Eddie Wu to head its e-commerce business
Hong Kong: China’s Alibaba Group says its CEO Eddie Wu will head its core e-commerce business, as the company seeks to drive growth and fend off fast-...
India emerges as star performer and is projected to contribute more than 16 percent of global growth: IMF
India has emerged as a star performer and is projected to contribute more than 16 percent of the global growth. This was stated by the International M...
RBI directs banks to refrain from investing in any scheme offered by Alternative Investment Funds
Mumbai: The Reserve Bank of India has directed all Commercial Banks, Co-operative Banks, Non-Banking Financial Companies including Housing Finance Com...
Crude oil prices climbed nearly 2% on Monday
Oil prices remained flat yesterday. Earlier, crude oil prices had climbed nearly 2% on Monday on fears over the disruptions to trade via the Suez Cana...
Gold trading down at Multi Commodity Exchange for February contracts
Yesterday, gold was trading down at the Multi Commodity Exchange for February contracts. The precious metal was down 78 rupees to trade at 62,213 rupe...
Government asks leading Rice Industry Associations to reduce retail price of rice with immediate effect
The Government has asked the leading Rice Industry Associations to ensure that the retail price of rice is reduced with immediate effect. Secretary, D...
Gross Direct Tax collections for current Financial Year register over 17 percent growth
The Gross Direct Tax collections for the Financial Year 2023-24 have registered a growth of over 17 percent. Before adjusting refunds, Gross Collectio...
Coal Ministry to hold 9th round of Commercial Coal Mine Auctions
The Coal Ministry will hold the 9th round of Commercial Coal Mine Auctions tomorrow. The Ministry said a total of 26 coal mines will be offered in the...
Oil Prices Rise: Brent Crude Hits 77.30, WTI at 72.10 per Barrel
Oil prices rose yesterday. In intra-day trade, Brent crude was trading at 77 dollars and 30 cents per barrel, while U.S. West Texas Intermediate crude...
Gold Slips in Domestic Markets, Silver Up
Yesterday, gold was trading down at the Multi Commodity Exchange for February contracts. The precious metal was down 156 rupees to trade at 62,036 rup...
Rupee gains 7 paise to 82.96 against US dollar in early trade
Mumbai: The rupee appreciated 7 paise to 82.96 against the US dollar in early trade on Monday, as a weak American currency in the overseas markets and...
Space Startups in India attract investment worth over 1000 crore rupees during last nine months in current fiscal year
Union Minister Jitendra Singh has said that space sector startups in the country have attracted private investment worth over 1,000 crore rupees durin...
India’s forex reserves jump $2.816 bn to $606.859 bn
Mumbai: India’s forex reserves jumped USD 2.816 billion to USD 606.859 billion in the week ended December 8, the Reserve Bank of India (RBI) said on F...
Domestic air passenger traffic rise 9 per cent in November
New Delhi: Domestic air passenger traffic rose 9 per cent to more than 1.27 crore in November, according to official data released on Friday.Last mont...
63% of Indian firms to invest in automation, genAI in 2024: Report
New Delhi: About 63 per cent of Indian enterprises are proactively directing investments towards Artificial Intelligence (AI) and Machine Learning (ML...
Yamaha MT-03 and R3 bikes launched
Pune: Yamaha Motor, the Japanese motorcycle maker, on Friday introduced the much awaited two models MT-03 Streetfighter and R3 Supersport bikes priced...
Net Direct tax collection surges 23.4 percent to 10.6 lakh crore rupees between April and November
The government’s net direct tax collection for April to November 2023, stood at 58.34 percent of Budget Estimates (BE) at 10.64 lakh crore rupees. In ...
Oil prices rise, Brent crude trades at 75.48 dollars per barrel
Oil prices rose yesterday. In intra-day trade, Brent crude was trading at 75 dollars and 48 cents per barrel, while U.S. West Texas Intermediate crude...
Volvo Car India announces price hike
New Delhi: Volvo Car India yesterday announced that they will go for a price increase in the ex-showroom prices by up to 2 per cent from January 1, 20...
Wholesale inflation back in positive zone after seven months, at 0.26 pc in Nov
New Delhi: Wholesale price-based inflation rose at the fastest pace in eight months at 0.26 per cent in November mainly due to a sharp rise in food pr...
US Federal Reserve keeps key interest rate unchanged for third straight time
The US Federal Reserve has kept its key interest rate unchanged for a third straight time. The Fed kept its benchmark rate at about 5.4 percent, its h...
Gold Rises in MCX, Reaches 61,255 Rupees per 10 Gram
Yesterday, gold was trading with gains at the Multi Commodity Exchange. The precious metal for February contracts was up by 74 rupees to trade at 61,2...
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