Sensex, Nifty plunge in early trade dragged by Reliance Industries
Image used for representative purpose only. | Photo Credit: PTI Benchmark equity indices Sensex and…
Stock markets decline in early trade after 7-day rally
Representative image | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty declined in early trade on Thursday (April 23, 2025) amid profit-taking after a seven-day rally and muted trend in Asian markets. The 30-share BSE benchmark declined 242.01 points to 79,874.48 in early trade. The NSE Nifty went down by 72.3 points to…
U.S. tariffs could shave up to half a percentage point off India GDP, says Finance Secretary
Ajay Seth, Finance Secretary. | Photo Credit: ANI The direct hit from tariffs introduced by Donald Trump’s administration on India could shave off between 0.2-0.5 percentage points from GDP growth, the country’s Finance Secretary Ajay Seth said on Wednesday (April 23, 2025). “Now there is a sign of that…we grow about 6.5% in the current…
Titan’s jewellery division stays bullish despite gold price surge
Titan Company’s jewellery division remains bullish on growth, regardless of the fluctuations in the gold prices. Ajoy Chawla, CEO of the Jewellery Division at Titan, told businessline that the company remains focused on growth, regardless of fluctuations in gold prices. Gold prices, which stood at around ₹4,400 per 10 grams in 2000 (as per BankBazaar…
Experts caution retail investors on rising gold prices
The break-neck rally in gold prices over the last two months on the back of growing global uncertainty has enthused retail investors but experts advise to approach it with a pinch of caution. Domestic gold prices per 10 grams have already crossed the ₹1 lakh mark on Tuesday and the bullish undertone still remains intact….
Stock markets rise for 7th day; Sensex reclaims 80k-level on rally in IT shares, FII inflows
Image used for representational purpose. | Photo Credit: Reuters Stock markets extended the winning run to seventh day on Wednesday (April 23, 2025) with benchmark BSE Sensex jumping 520 points to close above 80,000 level for the first time in four months driven by strong gains in IT and auto shares. The 30-share Sensex rose…
Luxury goods costing above ₹10 lakh will now attract 1% Tax Collected at Source
Image used for representational purposes only. File | Photo Credit: Reuters Luxury goods like handbags, wrist watches, footwear, and sportswear, priced above ₹10 lakh will now attract a 1% Tax Collected at Source (TCS). The Income Tax Department has notified the applicability of TCS at the rate of 1% on sale of specified luxury goods,…
High gold prices to dent jewellery sale volume
The continued rise in retail gold prices to an all-time high is expected to reduce the sales volume of organised gold jewellery retailers by 9-11 per cent in fiscal 2026. However, with prices and realisations expected to be significantly higher y-o-y, revenues will still grow 13-15 per cent. This comes on the back of four…
Gold Rate Today April 23, 2025: Check latest Gold prices in Mumbai, Ahmedabad, Chennai Delhi, Bengaluru, Hyderabad, Kolkata & Other Cities
Gold prices decrease | Photo Credit: SHAILESH ANDRADE Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices in India today…
World Bank lowers India’s FY26 growth forecast to 6.3%
World Bank said that amid increasing uncertainty in the global economy, South Asia’s growth prospects have weakened, with projections downgraded in most countries in the region. File | Photo Credit: Getty Images/iStockphoto The World Bank on Wednesday (April 23, 2025) lowered India’s growth forecast for the current fiscal by 4 percentage points to 6.3% amid…
Sensex reclaims 80,000-level on global markets rally, foreign fund inflows
FIIs bought equities worth ₹1,290.43 crore on April 22, 2025, according to exchange data.. File | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty surged in early trade on Wednesday (April 23, 2025) driven by a sharp rally in global markets and foreign fund inflows. Buying in blue-chip IT stocks also added…
