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June 15, 2024 10:45 AM

India’s foreign exchange reserves touch fresh highs at USD 655.8 billion

India's foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the week that ended June 7, official data from the Reserve Bank of India (RBI) showed. The reserves have been rising on and off for a long time now. So far in 2024, they have risen ...

June 15, 2024 10:19 AM

South African President Cyril Ramaphosa re-elected for second term

The South African parliament re-elected Cyril Ramaphosa, the African National Congress's (ANC) President, as the President of South Africa on Friday during the first sitting of the National Assembly of the 7th Parliament. In a post on X, the ANC announced Ramaphosa's re-election, stating, "Honourab...

June 15, 2024 9:59 AM

PM Modi meets UN chief Guterres at G7 summit

Prime Minister Narendra Modi met United Nations Secretary General Antonio Guterres in Italy on the sidelines of the G7 Summit here on Friday night. https://x.com/narendramodi/status/1801667581155361262 In a post on X, PM Modi said, "Pleased to meet the United Nations Secretary General, Antonio Gut...

June 14, 2024 10:21 PM

Stock market closes in green amid broad-based gains

The stock market closed on a positive note on Friday, with the BSE Sensex and NSE Nifty both registering gains. The Sensex climbed 138.59 points to end the day at 76,949.49, while the Nifty rose by 55.00 points, closing at 23,453.90. The trading session saw mixed performances among the Nifty firms...

June 14, 2024 3:12 PM

South Africa governing alliance emerges as new parliament convenes

 The African National Congress has agreed to form a government of national unity for South Africa with three other parties including its largest rival, the pro-business Democratic Alliance, public broadcaster SABC reported on Friday. The ANC, which has been in power since the 1994 elections that m...

June 14, 2024 2:46 PM

WPI Food Index increased from 5.52 pc in April to 7.40 pc in May

Wholesale food prices have skyrocketed month-on-month in May, with official data showing that the Whole Price Index for food rising from 5.52 per cent in April to 7.40 per cent in May. In the food basket, cereals, paddy, pulses, vegetables, potato, onion, fruits, all spiked. The overall wholesale ...

June 14, 2024 1:31 PM

Indian, French governments negotiating 26 Rafale marine jet deal

India and France are carrying out negotiations for the price and other related issues for the all-important 26 Rafale Marine fighter aircraft deal for the Indian Navy. The talks were earlier supposed to be held on May 30 but were postponed to June second week, apparently in view of the pending elec...

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