Rupee rises 7 paise to close at 87.86 against U.S. dollar
At the interbank foreign exchange, the rupee opened at 87.80 and touched an intraday low…
The story so far: February was an eventful month for India-U.S. trade relations. The two countries announced an impending interim agreement on trade, the U.S. Supreme Court overturned President Donald Trump’s tariffs, the Indian negotiating team indefinitely postponed its visit to Washington, and Commerce Minister Piyush Goyal hosted U.S. Commerce Secretary Howard Lutnick in New Delhi. All of this has raised the question: what happens…
Source: Special Arrangement. The Geological Survey of India (GSI) has plans to pursue approximately 300 projects for exploration of critical minerals in the upcoming field season, said Director General Asit Saha. “We will be increasing the number of critical mineral exploration projects from 236 in the current field season to 300 in the next field…
The recent volatile bullion prices coupled with market inefficiencies and increased inflows have taken a toll on tracking error and total expense ratio (TER) in gold and silver exchange traded funds. Tracking error in ETFs is a crucial performance metric measuring the difference between an ETF return and its benchmark index return. A higher tracking…
Even as gold prices go beyond the reach of the commoners, experts said the yellow metal remains a good investment with potential to move higher in the future. In the session Precious Metals: Beyond Aam Aadmi’s Reach, experts concurred that they do not see any immediate relief in the volatility of gold prices unless global…
Downplaying the stock market slide on 1 February after the FY27 budget presentation, Prime Minister Narendra Modi on Friday said that the Union budget is a policy roadmap, not a short-term trading document. Speaking at a post-budget webinar, Modi said budget reforms and allocations must be seen as a part of a long journey. “Often,…
At the interbank foreign exchange, the rupee opened at 90.91 and moved in a narrow range of 90.91-91.06 before settling at 90.99 (provisional), down 8 paise from its previous close. Image for representative purposes only. File | Photo Credit: Reuters The rupee declined 8 paise to settle at 90.99 (provisional) against the U.S. dollar on…
Sensex tanked 961.42 points or 1.17%, to settle at 81,287.19 and Nifty tumbled 317.90 points or 1.25%, to end at 25,178.65. Representational file image. | Photo Credit: Reuters Benchmark indices Sensex and Nifty tumbled over 1% on Friday (February 27, 2026) due to fresh foreign fund outflows and subdued global trends amid rising geopolitical risks….
According to the new series, the gross domestic product (GDP) is estimated to grow at 7.6% during the current fiscal. File | Photo Credit: Getty Images/iStockphoto India’s economy grew by 7.8% during the October-December quarter of 2025-26, up from 7.4% a year ago, according to the new series of national accounts with 2022-23 as the…
Coal India Ltd (CIL) informed that all its producing subsidiaries combined are holding pithead stocks of up to 115 million tonnes (MT) as on February 26, with the quantum expected to spur further as the fiscal year approaches an end. | Photo Credit: Saptaparno Ghosh State-owned miner Coal India Ltd (CIL) informed on Friday (February…
Fresh positions built up by participants led to a rise in silver prices, analysts said. Silver prices rose 3.17 per cent to ₹2.67 lakh per kg in the futures trade on Wednesday, amid renewed uncertainty over US trade policy. On the Multi Commodity Exchange, the white metal for March delivery increased ₹8,231, or 3.17 per…