Market momentum with bulls: Possibility of moving up further likely

Arun Kejriwal | October 15, 2023 1:58 PM

New Delhi, Oct 15 (IANS) Markets have a mind of their own and last week was a great example of the same. They fell on the opening day of the week on expected lines on the back of the Hamas-Israel conflict, but bounced back more than they lost on Tuesday itself. At the end of the week, markets had actually closed in the positive. They lost on three of the five trading sessions and gained on two.

India, Swiss Confederation agree to expedite EFTA, other pacts

IANS | October 13, 2023 7:42 PM

New Delhi, Oct 13 (IANS) Finance minister Nirmala Sitharaman on Friday met the head of the federal department of finance of the Swiss Confederation Karin Keller-Sutter, on the sidelines of the 4th G20 Finance Ministers and Central Bank Governors (G20 FMCBG) and the IMF-WB Annual Meetings in Marrakech, Morocco, where both leaders arrived at a mutual agreement to address the remaining issues so as to conclude the India-European Free Trade Association (EFTA), Trade and Economic Partnership Agreement (TEPA) and Bilateral Investment Treaty (BIT).

India’s forex kitty falls for 5th week in a row

IANS | October 13, 2023 7:36 PM

Mumbai, Oct 13 (IANS) India’s foreign exchange reserves fell for a fifth consecutive week to settle at a five-month low of $584.74 billion as of October 6, figures compiled by the RBI showed on Friday.