Business & Economy

September 16, 2024 5:57 PM

Indian stock markets closed for Muharram holiday; trading to resume Thursday

Indian stock markets are closed today in observance of the Muharram holiday, with trading set to resume on Thursday. In other Asian markets, Japan's Nikkei 225 experienced a modest increase, gaining 40 points to reach 41,310.70. Meanwhile, Hong Kong's Hang Seng rose by 9 points to 17,737.27. Taiwan...

July 16, 2024 5:08 PM

Sensex, Nifty end marginally higher

Indian benchmark indices ended with marginal gains on Tuesday, reflecting a cautious approach from investors wary of stocks being overvalued. The Sensex closed 0.06% higher at 80,716.55, while the Nifty gained 0.11% to end at 24,613. Though the benchmark advanced, nine of the 13 major sectoral ind...

July 16, 2024 10:58 AM

Nifty hits all-time high in early trade

Indian benchmark indices rallied in early trade on Tuesday, with the Nifty rising 0.26 percent to touch an all-time high of 24,650.05. It later trimmed the gains and was trading at 24,628.40, up 0.17%, as of 10:10 am. The Sensex, meanwhile, advanced 0.17 percent to 80,803.40. Major gainers on the ...

September 16, 2024 5:55 PM

Wholesale inflation in India jumps to 3.36% in June

India's wholesale inflation rate surged to 3.36% in June, up from 2.61% in May, according to data released by the Commerce Ministry on Monday. The increase, measured by the Wholesale Price Index (WPI), was primarily driven by rising food and energy prices. The increase is largely due to higher pric...

September 16, 2024 5:55 PM

India commits to enhancing cooperation with Pacific partners: S Jaishankar

India's External Affairs Minister, S. Jaishankar, has announced the signing of a Memorandum of Understanding (MoU) to fund four community development projects in the Marshall Islands. Speaking at the signing ceremony, Jaishankar reflected on the longstanding relationship between India and Marshall ...

July 15, 2024 10:32 AM

Sensex, Nifty opens in green, US Dollar strengthened

Indian markets started the week on a positive note, with both indices gaining marginally during the opening trade on Monday morning. The Nifty 50 index rose by 0.23 percent or 52 points, to 24,555.30, while the BSE Sensex index surged by 0.22 percent or 146 points, to 80,680 during early trading. ...