Sensex gains marginally to scale new peak
Equity benchmark index Sensex registered marginal gains to hit fresh lifetime high on Friday after the Reserve Bank maintained the status quo on key interest rates amid a negative trend in global markets. The six-member rate-setting panel of the Reserve Bank of India (RBI) on Friday kept the benchmark interest rates...
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India exports register healthy growth to European, Latin American nations in 2023
06 April 2024 | PTI -
Bank, NBFC stocks gain after RBI policy announcement
06 April 2024 | PTI -
India forex kitty jumps to new all time high
06 April 2024 | PTI -
RBI decision shows resolve to ensure price stability: Experts
06 April 2024 | PTI -
RBI retains GDP growth projection at 7 pc for FY25
05 April 2024 | PTI -
Cash deposit facility in banks through use of UPI soon: RBI
05 April 2024 | PTI -
Demand trends remained sluggish in March quarter: Dabur
05 April 2024 | PTI
Telangana in talks with Tesla to set up electric car plant
The Telangana government is holding discussions with Tesla by putting in all efforts to establish their plant in the state, Industries Minister D Sridhar Babu said on Thursday. In a message on X Sridhar Babu said since December 2023 the state government has been actively focusing on major investment opportunities by...
Gold hits all time high
Gold prices surged by Rs 850 to reach a new peak of Rs 70,050 per 10 grams on Thursday on strong global cues, according to HDFC Securities. This is the second straight session that precious metal prices have hit all-time high levels. In the previous trade, the precious metal had settled...
US has not asked India to reduce Russian oil imports, say officials
The US on Thursday said permitting an unrestricted Russian oil trade was and remains “unacceptable” and the western price cap on Moscow’s petroleum products is designed to force it to continue selling oil but for lower prices than it could otherwise obtain. At the same time, US officials said Washington has...
RBI defers implementation of directions on currency derivatives to May 3
The Reserve Bank on Thursday deferred implementation of its directions on exchange traded currency derivatives (ETCD) linked to rupee by a month to May 3 in view of feedbacks received from stakeholders. A circular issued on January 5 on ‘Risk Management and Inter-Bank Dealings — Hedging of Foreign Exchange Risk’ was...
RBI, NPCI make presentation to WTO members: Official
Senior officials of the RBI and the National Payments Corporation of India (NPCI) have made a presentation to the WTO members on reducing cost of remittances on March 25, an official said. India is pressing for the adoption of open and inter-operable payment systems like UPI, among WTO (World Trade Organisation)...
No hike in essential medicines prices this fiscal year: Mandaviya
Union Minister Mansukh Mandaviya said on Thursday said there will be no increase in prices of essential medicines this fiscal year in view of negligible growth in wholesale price-based inflation. In an interaction with PTI editors at the news agency’s headquarters here, Mandaviya — the Union Chemicals and Fertilisers Minister —...
Sensex, Nifty hit record fresh high
Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust corporate performance. Besides, investors lapped up select banking stocks expecting a status quo in the interest rate decision of the...
