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Business

Oil prices stabilise as Red Sea transport disruptions ease

New Delhi, Dec 28 (IANS) Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East continued to rise, media reports said. Media reports said that Brent crude futures inched up 10 cents, or 0.1 per cent, to $79.75 a barrel by 0424 GMT,…
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Business

Market’s volatility index surges

New Delhi, Dec 28 (IANS) VIX is now much above when Nifty plunged to sub 19000 levels in late October, warning that the volatility expectations are significantly higher now said Anand James, Chief Market Strategist at Geojit Financial…
Business

Govt hikes MSP for copra

New Delhi, Dec 27 (IANS) The government has hiked the minimum support price (MSP) of milling copra by Rs 300 per quintal and ball copra by Rs 250 per quintal for the 2024 season, according to an official statement on Wednesday.The decision…
Business

CCEA okays Rs 2,487cr highway project for Tripura

New Delhi, Dec 27 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has given its approval for a Rs 2,486.78 crore project to widen and improve to two-lane the 135 km road from Khowai to to…