India’s forex reserves jump $5.17 billion to reach record $696.6 billion
India’s foreign exchange reserves rose over 5.17 billion dollars, reaching 696.6 billion dollars in the week ending 6th June. According to the Weekly ...
Asian shares slide while oil prices surge after Israel’s strike on Iran
Hong Kong: Markets in Asia opened lower early on Friday while oil prices surged after Israel attacked Iran’s capital amid the ramping up tensions over...
Sensex crashes 1,337 points, Nifty down 415 as Israel-Iran tensions flare
Mumbai: Equity benchmark indices Sensex and Nifty tumbled in early trade on Friday in tandem with weak Asian markets amid a sharp spike in Brent crude...
Retail Inflation Drops to 2.82% in May
India’s retail inflation moderated to 2.82 percent in May from 3.16 percent in April, driven by significant easing in food prices. According to data r...
Centre Approves Procurement of Over 1 Lakh MT Pulses and Oilseeds for Summer 2025-26
The Centre has approved the procurement of a total quantity of 54 thousand and 166 metric tonnes of Moong under the Price Support Scheme in the States...
Sensex and Nifty open higher but fall on global cues
Mumbai: Benchmark indices Sensex and Nifty began the trade with modest gains on Thursday and later traded lower in-tandem with sluggish global market ...
Rupee rises 7 paise to 85.46 against US dollar
Mumbai: Rupee rose 7 paise to 85.46 against the US dollar in early trade on Thursday, supported by a weak American currency, a drop in global crude oi...
India-Sweden partnership a model for mutual growth: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal has said that the India-Sweden partnership is a model of how two diverse economies can create mutual...
Centre cuts customs duty on crude edible oils from 20 to 10 percent
The Centre has reduced the basic customs duty on crude edible oil, including crude sunflower, soybean, and palm oils, from 20 per cent to 10 per cent....
Finance Ministry says, there is no plan to levy MDR charge on UPI transactions
The Finance Ministry has said that speculation and claims that the Merchant Discount Rate (MDR) will be charged on UPI transactions are completely fal...
World Bank Projects India’s FY26 Growth at 6.3%
The World Bank has pegged India’s economic growth projection at 6.3 per cent for the Financial Year 2025-26, stating that the country is projected to ...
RBI Discontinues Daily VRR Auctions Amid Rs 3 Lakh Crore Liquidity Surplus
The Reserve Bank of India has discontinued daily Variable Rate Repo (VRR) auctions starting today, in view of a liquidity surplus in the banking syste...
SEBI Mandates UPI Payment System for Market Intermediaries from Oct 1
The Securities and Exchange Board of India (SEBI) yesterday said it has mandated a new UPI payment mechanism for all registered intermediaries who col...
Union Minister Piyush Goyal pushes for closer ties with Swiss machinery
Union Commerce and Industry Minister Piyush Goyal co-chaired a productive Business Roundtable on the Machinery, Electrical & Metal (MEM) Industry ...
FM Sitharaman chairs 6th NIIF GC Meet
Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the 6th meeting of the Governing Council (GC) of the National Investment...
Sensex, Nifty rally after RBI rate cut and strong global cues
Mumbai: Benchmark equity indices Sensex and Nifty surged in early trade on Monday tracking a rally in global markets and upbeat investors’ sentiment f...
Centre reduces basic custom duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10%
The Centre has reduced the basic customs duty on crude palm oil, crude soyabean oil and crude sunflower oil to 10 per cent. The move is aimed at bring...
Country witnessed real GDP growth of 7.4 percent in 4th quarter of last fiscal says FM Sitharaman
Finance Minister Nirmala Sitharaman has lauded the industry and the manufacturing activity saying that the country witnessed real GDP growth of 7.4 pe...
India’s foreign reserves rise by over 6.9 bn dollars
India’s foreign exchange reserves rose over 6.9 billion dollars, reaching 692.7 billion dollars in the week ending 23rd May. According to the Weekly S...
Sensex falls 219 points
Mumbai: Benchmark stock indices Sensex and Nifty declined in early trade on Friday, dragged by IT shares and sluggish trends in Asian markets.The 30-s...
Rupee rises 19 paise to 85.29 against US dollar
Mumbai: The rupee strengthened by 19 paise to 85.29 against the US dollar in early trade on Friday on the back of lower crude oil prices and sustained...
RBI’s annual report projects India as fastest-growing economy during current fiscal
The Reserve Bank of India (RBI), in its annual report released yesterday, projected India to retain its status as the fastest-growing major economy du...
Oil prices up
Crude oil prices rose on Thursday. Brent Crude was trading over 0.1 per cent up at 64 dollars and 98 cents per barrel. WTI Crude was also trading over...
Rupee falls 7 paise to 85.45 against dollar
Mumbai: The rupee depreciated 7 paise to 85.45 against the US dollar in early trade on Thursday as the American currency strengthened after the US fed...
FM Sitharaman reviews PSU insurers, calls for AI-driven claims
Union Minister for Finance Nirmala Sitharaman chaired a review meeting of Public Sector General Insurance Companies, PSGICs in New Delhi yesterday. Du...
India’s industrial production growth drops to 2.7% in April 2025
India’s industrial production growth, measured by the Index of Industrial Production (IIP) slowed to 2.7 percent in April, as compared to growth rate ...
Sensex falls over 200 points
Mumbai: Equity benchmark indices Sensex and Nifty dropped in early trade on Wednesday, dragged by ITC amid stake sale reports.The 30-share BSE benchma...
7.9% drop in coal imports last fiscal leads to saving of 7.93 bn $ of foreign exchange
Coal imports in the country during the financial year 2024-25 dropped by 7.9 percent as compared to the previous fiscal year. The Ministry of Coal, in...
Last date of filing ITR extends from 31st July to 15th September 2025
The Central Board of Direct Taxes- CBDT has extended the last date of filing Income Tax Returns (ITRs), from 31st July to 15th September this year. CB...
Oil prices dropped
Crude oil prices dropped on Tuesday. Brent Crude was trading over 0.4 per cent down at 64 dollars and 46 cents per barrel. WTI Crude was also trading ...
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