Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today’s hike takes the repo rate above pre-pandemic levels of 5.15 per cent. Raising interest […]
New Delhi [India], August 4 (ANI): The rally in Indian stock indices extended for seven straight sessions on Friday largely on account of the return of foreign portfolio investors to India after multiple months as well as inflation seemingly plateauing. At 9.47 a.m., Sensex traded at 58,618.34 points, up 267.81 points or 0.46 per cent, […]
New Delhi [India], August 3 (ANI): Snapping five straight days of gains, Indian stock indices declined marginally this morning ahead of the Reserve Bank of India’s monetary policy meeting. The three-day monetary policy review will commence today. It is very much likely that the RBI will raise interest rates, investors will, however, keenly track the […]
BEIJING, Aug. 2 (Xinhua) — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Tuesday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan U.S. dollar 100 674.62 Euro 100 692.58 Japanese yen 100 5.1284 Hong Kong dollar […]
New Delhi [India], August 1 (ANI): Indian stock indices extended their bull run from the previous two weeks and traded marginally higher in early trade on Monday. At 9.38 a.m., Sensex traded at 57,771.50 points, up 201.25 points or 0.35 per cent, whereas Nifty at 17,232.85 points, up 74.60 points or 0.43 per cent. Notably, […]
New Orleans – Danira Ford is a lifelong resident of New Orleans, Louisiana. Like tens of thousands of the city’s inhabitants, she has struggled to find an affordable place to live for her and her five children. ‘Affordable housing would bring stability,’ she said. ‘My kids can’t play sports, be in band or get tutored […]
Washington [US], July 30 (ANI): US House of Representatives on Friday passed a bill to ban assault-style weapons, marking the first time lawmakers approving a prohibition on the popular firearms in more than two decades. The bill passed in a largely party-line vote of 217-213, with two Republicans voting for the measure and five Democrats […]
New Delhi [India], July 29 (ANI): The rally in Indian stocks continued for the third straight day on Friday, supported by a rise in Nifty IT, metal, auto, and realty indices. In early trade, the benchmark indices Sensex and Nifty rose around 1 per cent each. The ongoing rise in stock was witnessed despite the […]
New Delhi [India], July 28 (ANI): Indian stock indices extended their gains from the previous session. In early trade on Thursday, Sensex and Nifty traded around 1.0 per cent higher from the previous close. Today’s rise was witnessed despite the 75 basis points policy rate hike by the United States Federal Reserve to tame an […]
New Delhi [India], July 27 (ANI): After two consecutive sessions of losses, Indian stock indices gained some fresh steam in early trade on Wednesday. At 10.12 a.m., Sensex traded at 55,404.13 points, up 135.64 points or 0.25 per cent, whereas Nifty traded at 16,518.35 points, up 34.50 points or 0.21 per cent. Prior to the […]
