Business

The S&P 500 closed at a record high on Friday as optimism built among investors that a coming vaccine for coronavirus will help end the shutdowns that have devastated the economy. Markets also welcomed the election of Joe Biden as president and the likeli...

As Treasury yields rally to multimonth highs, some investors are gauging how a more sustained rise could impact equity markets.

U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.

The NSE Nifty 50 index and the benchmark S&P BSE Sensex were down about 0.05% at 12,685.2 and 43,333.69, respectively, by 0526 GMT. The indexes, which are on track for a second straight week of gains, had risen as much as 0.36% during the session.

In most Indian cities, the gold prices have almost touched Rs 50,000 for 10 grams, so buyers are doubtful if they should invest in it. As per the analysts, it will be beneficial to invest in gold now as the prospects of higher returns are bright.

Walt Disney Co's rapidly growing streaming video business and a partial recovery at its theme parks gave investors fresh hope on Thursday that the entertainment company had put the worst of the coronavirus pandemic behind it.

Southwest Airlines cautioned Thursday that the tenuous recovery in air travel could be fading as coronavirus cases spike across the United States.

The World Health Organization (WHO) is in discussions with the Russian institute that developed the Sputnik V candidate vaccine against COVID19 over its potential application for emergency use listing, the U.N. agency said on Thursday.

Here are the top stories we are covering this evening: Centre's releases 'Aatmanirbhar' package 3.0; Tejashwi Yadav says BJP assumed power through 'chor darwaza'; India in 'technical recession' for 1st time in history; HC allows Delhi govt to reserve 80%...

In Delhi and Mumbai, 24-carat gold can be purchased at Rs 53,620 per 10 gram and Rs 50,660 per 10 gram, while 22-carat gold is priced at Rs 49,170 per 10 gram and Rs 49,660 per 10 gram.

Switzerland has reserved 16 million doses of potential COVID19 vaccines, the government said on Wednesday, announcing a new 3.2 milliondose reservation with a World Health Organizationled programme and a tentative 3 milliondose pact with Pfizer and BioNTe...

The Brent crude oil benchmark rose to a more than twomonth high above $45 a barrel on Wednesday on hopes of an effective COVID19 vaccine and an industry report showing U.S. crude inventories fell more than expected.

Gold eased on Wednesday on a firmer dollar and market optimism over a potential COVID19 vaccine, but bets for continued monetary support to revive a pandemic hit economy capped bullion's declines.

Global oil demand will rebound more slowly in 2021 than previously thought because of rising coronavirus cases, OPEC said on Wednesday, hampering efforts by the group and its allies to support the market.

According to beliefs, the Muhurat trading brings wealth and prosperity throughout the following year. Before the Muhurat Session begins, traders perform Chopra Pooja in which accounting books are worshipped.