Ayodhya (Uttar Pradesh) [India], January 11 (ANI): Ahead of the ‘Pran Pratishtha’ ceremony at Ram Temple in Ayodhya, several BJP leaders on Wednesday arrived in the temple town to take stock of the preparations for the event on January 22. Speaking to media persons, BJP national secretary Tarun Chugh said, “The Pran Pratishtha would signal […]

NEW YORK, Jan. 9 (Xinhua) — U.S. stocks ended mixed on Tuesday, as investors evaluated the potential timing and magnitude of Federal Reserve interest rate cuts in 2024, ahead of the release of inflation data scheduled on Thursday. The Dow Jones Industrial Average fell 157.85 points, or 0.42 percent, to 37,525.16. The S&P 500 lost […]

NEW YORK, Jan. 8 (Xinhua) — U.S. stocks ended higher on Monday, as a fall in the U.S. Treasury yields helped lift large cap stocks. The Dow Jones Industrial Average rose 216.90 points, or 0.58 percent, to 37,683.01. The S&P 500 added 66.30 points, or 1.41 percent, to 4,763.54. The Nasdaq Composite Index increased 319.70 […]

Early trading in 2024 weighed down by contradictory economic data The first week of January proved to be a rollercoaster for financial markets, as conflicting economic data left investors grappling with uncertainty. After a robust Christmas rally, the markets faced a series of mixed signals, prompting a reevaluation of expectations for the year ahead. As […]

NEW YORK, Jan. 5 (Xinhua) — U.S. stocks closed higher on Friday, but ended a nine-week winning streak after investors weighed a stronger-than-expected jobs report. The Dow Jones Industrial Average rose 25.77 points, or 0.07 percent, to 37,466.11. The S&P 500 added 8.56 points, or 0.18 percent, to 4,697.24. The Nasdaq Composite Index increased 13.77 […]

BEIJING, Jan. 5 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Friday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 710.29 Euro 100 779.07 Japanese yen 100 4.923 Hong Kong dollar […]

New Delhi [India], January 1 (ANI): Indian stock indices started off the New Year marginally in the red, extending losses from the previous session, primarily attributable to profit booking after a stellar cumulative performance in 2023. High valuations, as analysts pointed out, too, are a concern. On Friday, the last active session of 2023, benchmark […]

The trend should continue once Cairo finalizes a free trade deal with the Eurasian Economic Union, Aleksey Tevanyan says Trade between Russia and Egypt is set to top $7 billion by the end of the year, Aleksey Tevanyan, Russia’s trade representative in the North African country, told RIA Novosti in an interview published on Saturday. […]

Ayodhya (Uttar Pradesh) [India], December 30 (ANI): Civil Aviation Minister Jyotiraditya Scindia and Union Minister of State Civil Aviation General (retd) VK Singh arrived at Ayodhya’s Maharishi Valmiki Ayodhya Dham Airport ahead of its inauguration by Prime Minister Narendra Modi on Saturday. The Union Minister took stock of the arrangements before Prime Minister Modi dedicates […]

New Delhi [India], December 29 (ANI): Uday Kotak, the Founder and Managing Director of Kotak Mahindra Bank, took to the social media platform X to share his reflections on the financial sector and its role in shaping India’s economic future. In a post, Kotak outlined a Financial Sector Model that aims to propel India towards […]