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Interim budget may have some significant indications of what is likely to come in the full Budget and beyond

Sensex surges 200 points before interim Budget

PGurus Newsdesk - 1
Sensex trading at 72,025.83 points up by 273.72 points Markets are in the green before the Interim Budget 2024 with the Sensex up more than...
The Fed confirmed in a statement that it was holding its benchmark lending rate steady at its 23-year high, between 5.25 and 5.50 percent

US Federal Reserve Bank keeps interest rate unchanged for fourth time in a row

PGurus Newsdesk - 0
Powell-led FOMC keeps key rates unchanged at 5-1/4 to 5-1/2 percent for 4th straight meeting The US Federal Reserve Bank has kept the interest rate...
Rupee has shown strength at the beginning of 2024, aided by positive participation in the capital markets and RBI interventions

Rupee edges up against US dollar for the seventh consecutive day

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Rupee gains 2 paise to 83.01 against US dollar On Thursday, the rupee edged up by 2 paise vis-a-vis the US dollar to close at...
The major challenge for the rally comes from the US market which is showing signs of weakness

Sensex down more than 500 points

PGurus Newsdesk - 0
BSE Sensex was trading down 580 points at 71,444 points On Monday, the BSE Sensex was down more than 500 points in afternoon trade due...
India is the top performer among the major economies in the last few years

Indian economy outperforming peers; projected to grow at 6.2% in 2024: UN economist

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India’s growth expected to rise to 6.6% in 2025, says UN economist With a projected growth rate of 6.2 percent for 2024, the "Indian economy...
Rise in US rates was the factor that prevented any upside for gold or rather limited it for almost one year now despite high global inflation

Gold to move at a faster pace in 2024: Report

PGurus Newsdesk - 0
Gold to hit fresh highs in 2024 The price of gold is expected to test levels from $2,060 to $2,090 per ounce, and on any...
Sensex was up almost 1 percent at 72,038.43, while Nifty hit record high of 21,654.75

Bulls market sees new heights; Sensex tops 72,000-mark for the first time

PGurus Newsdesk - 0
Market hits fresh highs On Wednesday, rallying by a massive 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the...
Global market construct continues to be favorable with the US inflation, bond yields and the dollar index trending down

Bulls are likely to wait for the New Year for further action: Experts

PGurus Newsdesk - 0
The 6% rally in Nifty in December has heated up the market The global rally in December led by the US market has lifted most...
Centre is taking various measures to bring down food prices such as the ban on exports and reducing customs duty on edible oils

Customs duty exemption extended on masoor dal till March 2025

PGurus Newsdesk - 0
Centre extends Customs duty exemption on masoor dal until 31 March 2025 to stop inflation The Centre has extended the Customs duty exemption on masoor...
Declining inflation, strong labour markets in high-income source countries are main factor behind rising remittances to India

India tops global remittances list for 2023 with $125 bn inflow: World Bank

PGurus Newsdesk - 0
India's inward remittances now account for 3.4% of the country’s gross domestic product The inward remittances to India in 2023 increased by 12.3 percent to...
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