India's retail inflation rose to 7 per cent in August from 6.71 per cent in July and this was due to higher food prices. In fact, retail inflation has been beyond the Reserve Bank of India's (RBI) tolerance limit of 6 per cent for eight months in a row.
October 8, 2022Pradhan flagged concerns over the increasing crude oil prices and its impact on consumers as well as on smart economic recovery.
June 25, 2021This simply means that even though the prices of crude oil may continue to rise from the present levels of $60 a barrel, Asian market would continue to get discounts over the prevailing price.
February 8, 2021Asian stock market too took a nosedive today, amid panic selling by traders.
March 9, 2020Forex traders said the rupee traded in a narrow range ahead of the release of retail inflation and factory output data.
July 12, 2019A strengthening dollar against major currencies overseas and weak domestic equity market weighed on the local unit, forex traders said. However, softening crude oil prices restricted the rupee's fall, they added.
July 9, 2019Forex traders said rupee is expected to trade in a narrow range as market participants will keep a close watch on the Union budget this week, that could trigger volatility in the local unit.
July 2, 2019Brent crude, the global oil benchmark, surged over 5 per cent on Thursday over renewed tensions in the Middle East after Iran shot down a US drone.
June 21, 2019The Sensex of the BSE opened at 39,158.22 from its previous close at 39,140.28 on Thursday, as markets remained closed on Friday on the account of Good Friday
April 22, 2019Crude oil prices rose 0.42 per cent to Rs 4,078 per barrel in futures market Friday as speculators created fresh bets, taking positive cues from domestic markets.
February 22, 2019Apart from export-oriented IT and pharma stocks all other sectors ended in the green, both on NSE and BSE.
December 19, 2018Tata Motors lost 2.88 per cent -- the most on the Sensex -- followed by NTPC. Other major losers were Tata Motors (DVR), ICICI Bank and Vedanta.
November 30, 2018The benchmark index touched a high of 35,545.85 and a low of 35,324.37 while the NSE's Nifty was trading 44.05 points higher at 10,660.75.
November 16, 2018Broadly positive Asian markets along with healthy macro-economic trade data and low crude oil prices buoyed the key Indian equity indices during the early morning trade session on Friday.
November 16, 2018The S&P BSE Sensex fell 345.56 points or 0.98 per cent to 34,812.99 points. It had opened at 35,287.49 from its previous close of 35,158.55.
November 12, 2018Healthy buying was witnessed in energy, realty, banking and finance counters whereas the IT and healthcare stocks slipped into the red on the back of a recovering rupee.
October 24, 2018The rupee on Wednesday breached the 73-mark against the US dollar for the first time ever on strong demand for the American currency from importers.
October 4, 2018