Indian shares fell 1% on Friday and kept benchmark indexes on course for their first weekly drop in four.
Fitch Ratings has revised the outlook on India's sovereign rating to 'stable' from 'negative', but cut the economic growth forecast to 7.8 per cent from the 8.5 per cent earlier.
The changing post-pandemic business climate, uncertainties around the Ukraine war and a global funds squeeze are forcing some Indian start-ups to sack hundreds of their staff. How long will the pain last?
Gold, silver prices today: Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on June 10. Check the latest city-wise prices here.
While India has gone for a repo rate hike along with other measures, top economies like the US and nations in Europe are battling the major challenge of inflation.
The Reserve Bank of India (RBI) has hiked repo rate to tackle inflation. However, the question remains whether the central bank will be able to achieve its desired results or not.
Nifty 50 index settled 0.74 per cent or 121.85 points higher at 16,478.10 and the S&P BSE Sensex rose 0.78 per cent or 427.79 to 55,320.28.
EBLR stands for the minimum lending rate below which a bank can't offer loans. ICICI Bank has increased the rates.
State Bank of India (SBI) Chairman Dinesh Kumar Khara said that interest rates on fixed deposit (FD) will go up.
The world's largest cryptocurrency, Bitcoin's price on Thursday fell 0.61 per cent to $30,317.
Gold, silver prices today: On Thursday, June 9, both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX). Check the latest city-wise prices here.
Nifty 50 index was down 0.41 per cent at 16,286.75, while the S&P BSE Sensex fell 0.45 per cent to 54,652.60.