Category: Business

Business

Markets log gain for 2nd day; Sensex climbs over 200 points

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Markets log gain for 2nd day; Sensex climbs over 200 points

Image for representational purposes only | Photo Credit: Reuters Benchmark indices Sensex and ticked higher for the second straight session on Wednesday (January 15, 2025), buoyed by buying in bellwether stock Reliance Industries, Zomato and Kotak Bank amid a largely firm trend in global markets. However, elevated crude oil prices in the international markets and…

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Business

Rupee extends gains, settles 13 paise higher at 86.40 against U.S. dollar

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Rupee extends gains, settles 13 paise higher at 86.40 against U.S. dollar

Image for representational purposes only | Photo Credit: Reuters The rupee extended its recovery for the second straight session and settled with a gain of 13 paise at 86.40 (provisional) against the U.S. dollar on Wednesday (January 15, 2025), tracking favourable cues from domestic equity markets and softening crude oil prices. The American currency index…

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Business

India’s exports contract 1% to $38.01 billion in December

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India’s exports contract 1% to .01 billion in December

Image used for representative purpose only. | Photo Credit: Reuters India’s merchandise exports dipped by about one per cent to $38.01 billion in December 2024 against $38.39 billion a year ago, according to government data released on Wednesday (January 15, 2025). Imports increased by 4.8% to $59.95 billion in December 2024 compared to $57.15 billion…

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Business

Rupee falls 2 paise to 86.55 against U.S. dollar in early trade

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Rupee falls 2 paise to 86.55 against U.S. dollar in early trade

On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar. File. | Photo Credit: Reuters The rupee pared its initial marginal gain and slipped 2 paise to 86.55 against the U.S. dollar in early trade on Wednesday (January 15, 2025) as the positive…

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Business

Stock Market Today: Markets climb in early trade on firm Asian peers

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Stock Market Today: Markets climb in early trade on firm Asian peers

 The 30-share BSE benchmark Sensex climbed 401.53 points to 76,901.16 in early trade. The NSE Nifty advanced 97.5 points to 23,273.55. File. | Photo Credit: Reuters Benchmark indices Sensex and Nifty began the trade on an optimistic note on Wednesday (January 15, 2025) mirroring a firm trend in Asian peers and buying in bellwether stock…

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Business

Republican Congressman demands preservation of all Adani prosecution records

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Republican Congressman demands preservation of all Adani prosecution records

The Republican lawmaker asserted that targeting entities that invested tens of billions of dollars and created tens of thousands of jobs for Americans only harmed the U.S. in the long run. File | Photo Credit: Reuters A Republican lawmaker has asked the U.S. Department of Justice to preserve all records in connection with the “selective…

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Business

Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

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Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks

Image used for representational purpose. | Photo Credit: Reuters Benchmark indices Sensex and Nifty bounced back on Tuesday (January 14, 2025) after four days of sharp decline on easing retail inflation and a rebound in global markets. The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it…

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Business

Insurers eye tax benefits, incentives in Union Budget

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Insurers eye tax benefits, incentives in Union Budget

Union Finance Minister Nirmala Sitharaman chairs the ninth Pre-Budget Consultation with the experts from the Infrastructure, Energy and Urban Sectors in connection with the forthcoming Union Budget 2025-26, in New Delhi | Photo Credit: ANI Insurers are seeking tax benefits for buyers and incentives for selling policies in their wishlist for the upcoming Union Budget…

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Business

Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar

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Rupee recovers from record low to settle 8 paise higher at 86.62 against U.S. dollar

Image for representative purposes only | Photo Credit: Reuters The rupee rebounded from its lowest-ever level and settled 8 paise higher at 86.62 (provisional) against the U.S. dollar on Tuesday (January 14, 2025) as the American currency retreated from record high. Some recovery in domestic equity markets after the release of macroeconomic numbers also supported…

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Business

Adani group stocks in limelight; Adani Power surges over 19%

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Adani group stocks in limelight; Adani Power surges over 19%

AHMEDABAD: GUJARAT : 21/11/2024 : Adani Corporate House at Shantigram outskirts of Ahmedabad on Thursday November 21, 2024. Photo : VIJAY SONEJI / THE HINDU. | Photo Credit: VIJAY SONEJI Adani group stocks were in heavy demand on Tuesday, with Adani Power surging over 19 per cent, bouncing back from previous day’s decline. The stock…

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