New Delhi : Despite persistent foreign portfolio investor (FPI) outflows and mounting global economic pressures, the Indian Rupee demonstrated resilience in February, avoiding sharp depreciation. A report by the Bank of Baroda attributes this stability to a relatively steady US dollar and strategic interventions by the Reserve Bank of India (RBI). The report highlights that…
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New Delhi : Indian benchmark indices opened in negative territory on Tuesday, March 4, 2025, tracking weak global cues and investor concerns over economic uncertainties. The 30-share BSE Sensex dropped 268.6 points or 0.36% to open at 73,085.94, while the NSE Nifty 50 fell 144.85 points or 0.65% to slip below the crucial 22,000-mark, opening…
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New Delhi : The Indian stock market opened on a positive note today, driven by strong economic indicators and favorable global cues. Key factors such as robust GDP growth data and strong GST collections have boosted investor sentiment. Early trade saw buying interest in sectors such as auto, IT, and banking. The BSE Sensex was…
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New Delhi : Gold and silver prices witnessed a steady increase on Monday, March 3, 2025, driven by a weakening US dollar and rising concerns over US President Donald Trump’s tariff policies. The global economic uncertainty has fueled demand for safe-haven assets, pushing prices of precious metals higher on the Multi Commodity Exchange (MCX). Gold…
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New Delhi, Feb,28,2025: The government has upheld the 8.25% interest rate on Employees’ Provident Fund (EPF) for the financial year 2024-25. “The Central Board of Trustees (CBT), EPF, has proposed an annual interest rate of 8.25% to be credited to EPF accounts for the financial year 2024-25. The final notification will be issued by the…
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Union Minister for Commerce and Industry, Shri Piyush Goyal, inaugurated ‘Bharat Calling Conference 2025’ organized by IMC Chamber of Commerce and Industry in Mumbai today. The Union Minister was the keynote speaker in the conference on the theme ‘Path to Viksit Bharat 2047: Pioneering Prosperity for All’. The conference highlights how India stands at the…
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New Delhi : The Indian stock markets opened on a positive note on Thursday, with the Nifty 50 and Sensex making early gains before trading flat. The Nifty surged as much as 0.3% to move past 22,600, while the Sensex added 0.3% to cross the 74,800 mark. However, the initial optimism faded as investors exercised…
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New Delhi : The Indian benchmark indices opened on a positive note today, driven by gains in key sectors like banking, IT, and energy. At 11 a.m., the BSE Sensex was trading 155 points or 0.21 percent higher at 74,609, while the NSE Nifty climbed 9 points or 0.042 percent to reach 22,562. Investor sentiment…
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New Delhi : Gold prices increased on Tuesday, February 25, with the price of 24-karat gold rising by ₹120 to reach ₹8,805.3 per gram. Meanwhile, 22-karat gold also witnessed an uptick, climbing ₹110 to ₹8,072.3 per gram. This increase marks a positive shift after recent fluctuations in the bullion market. Over the past week, the…
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Mumbai : Days after imposing several restrictions on New India Co-operative Bank Limited, the Reserve Bank of India (RBI) has permitted depositors to withdraw up to ₹25,000 from their accounts. The relaxation, effective from February 27, 2025, aims to provide financial relief to account holders affected by the bank’s recent restrictions. In a press release,…
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