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Market hits day’s low, Nifty below 20,800

Market hits day’s low, Nifty below 20,800

The frontline indices dropped  further in early afternoon trade and moreover hit a fresh intraday low. The NIFTY dropped to the 20,800 level after hitting the day’s high of 20,396 in early trade. Oil and gas shares are still in losses for the fourth straight session. At 12:30 IST, the barometer index, the S&P BSE [...]
Centre puts onion under prohibition till 31st March, 2024 to ensure availability of onions to customers

Centre puts onion under prohibition till 31st March, 2024 to ensure availability of onions to customers

The export of onion has been put under prohibition till 31st March 2024 to ensure the availability of onion to domestic consumers at affordable prices. The Government took the decision taking into consideration the delay in Kharif's arrival, the quantity of onion exported, and the global situation such as trade and non-trade restrictions imposed by [...]
RBI report: State’s finances improved for the second consecutive year  

RBI report: State’s finances improved for the second consecutive year  

A report titled “State Finances: A Study of Budgets of 2023-24”, released by the Reserve Bank of India (RBI) is an annual publication that provides information, analysis, and an assessment of the finances of State governments for 2023-24.  The report mentioned that the improvements by the state in their finances in the financial year 2021-2022, [...]
Markets continue to drop as a result of weak global trends and rising crude oil prices.

Markets drop for the second day in a row due to negative global trends

On Thursday Equity benchmark indices dropped in early trade, falling for the second day running, following weak trends in global markets and fresh foreign fund outflows. Disappointing earnings from IT services company Wipro also dragged the benchmarks lower. The Sensex dropped 490.44 points to 65,386.58. The Nifty dropped 137.5 points to 19,533.60. Among the Sensex [...]