Record High
Gold Repesentative Image by Getty Images
| April 7, 2024, 7:16 a.m.
Gold Hits Record High at $2330 Amid Middle East Tensions and Fed Rate-Cut Hints
Gold closed at a record high of $2330 amidst escalating Middle East tensions, positive US economic data, and hints of potential rate cuts by the Fed Chair. Despite surging yields and steady US Dollar, gold rallied for the third straight week, posting significant gains driven by geopolitical uncertainties. The upcoming US CPI data and FOMC minutes will be crucial for market direction, with resistance at $2360/$2400 and support at $2300/$2250/$2200.
Read More.| April 1, 2024, 11:53 a.m.
Stock Markets Open New Fiscal Year on Strong Note, Sensex and Nifty Hit Fresh Record Highs
The stock markets commenced the new fiscal year on a robust footing, with both the Sensex and Nifty reaching new record highs during intra-day trade. Supported by positive trends in Asian markets and increased foreign fund inflows, the Sensex surged by 363.20 points to settle at 74,014.55, while the Nifty climbed 135.10 points to reach 22,462. Metal stocks led the gains, buoyed by encouraging Chinese PMI data indicating economic recovery. The positive sentiment is bolstered by expectations of a Fed rate cut in June and strong domestic earnings growth forecasts for Q4FY24.
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Record-Breaking Surge: Domestic Air Traffic Hits New High with 4,59,526 Passengers Carried
| Nov. 22, 2023, 11:38 a.m.
Record-Breaking Surge: Domestic Air Traffic Hits New High with 4,59,526 Passengers Carried
A significant milestone is achieved in the aviation sector as domestic air traffic reaches an unprecedented peak, with airlines transporting a record-breaking 4,59,526 passengers.
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"Gold Price Surges by Rs 4,900 in Three Weeks, Reaches New Heights"
| Oct. 29, 2023, 1:07 p.m.
"Gold Price Surges by Rs 4,900 in Three Weeks, Reaches New Heights"
The fee of gold has experienced a good sized increase of Rs 4,900 in only three weeks, accomplishing new file heights and attracting the attention of buyers and purchasers.
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"Mumbai Experiences Highest October Temperature of the Year, Soaring to 36.4°C"
| Oct. 21, 2023, 4:55 a.m.
"Mumbai Experiences Highest October Temperature of the Year, Soaring to 36.4°C"
Mumbai witnessed the warmest October day of the year, with the mercury rising to 36.Four°C, indicating an unseasonal heat spell within the metropolis.
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Highlights of India Budget 2024: Finance Minister announces 2 crore more houses under Pradhan Mantri Awas Yojana – Gramin (PMAY-G) . No changes to income tax slabs.
Budget 2024 Key Highlights: Fiscal deficit target for 2024-25 at 5.1% of GDP; no changes to income tax slabs
No Major Tax Changes in Interim Budget, Focus on Growth
Fiscal Deficit Target Lowered to 5.8% in Interim Budget
Infrastructure, Digital Push to Drive Growth in Interim Budget
Education Sector Seeks Higher Allocation, NEP Implementation in Budget
Sitharaman Presents Interim Budget, Focuses on Fiscal Consolidation and Growth
Sitharaman's Last Budget Before 2024 Elections Focuses on Rural India
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