Currently, the average turnaround time for a ship at an Indian port is 48 hours, against less than half a day at top trading hubs like Hong Kong. The idea in the Indian government is to narrow this gap as much as possible, the person cited above said. Ships idling at ports raises costs for…
For representative purposes. | Photo Credit: Getty Images A reason why India has lagged behind certain non-Western economies — such as China and South Korea — despite starting from roughly equivalent positions early in the 20th century is the relative underperformance of its manufacturing sector. While China and South Korea have seen significant increases in…
CHENNAI, TAMIL NADU, 30/04/2025 : People at a jewellery shop in T Nagar, in Chennai on Wednesday, for Akshaya Tritiya. Photo: R. Ravindran. | Photo Credit: RAVINDRAN R Silver exceeded $72 an ounce on Wednesday, even as platinum surged past $2,350. Palladium shed its gains, while gold hovered near $4,500 an ounce after topping the…
Image used for representational purpose only. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day lower by 16 paise at 89.79 (provisional) against the U.S. dollar on Wednesday (December 24, 2025), fuelled by persistent capital withdrawals from foreign investors, alongside heightened greenback demand from bullion importers. Forex traders said…
Image used for representational purpose only. File | Photo Credit: Vivek Bendre Benchmark equity indices Sensex and Nifty ended lower in a volatile trade on Wednesday (December 24, 2025) as trading volumes remained subdued amid the year-end holiday-shortened week and mixed trends in global markets. The 30-share BSE Sensex dropped by 116.14 points, or 0.14%,…
Uncertainty around the India-U.S. trade deal was a major reason why foreign portfolio investors were also taking more money out of the country than putting in it. File. | Photo Credit: Reuters India’s net foreign direct investment remained negative for the third consecutive month in October 2025, with outflows exceeding inflows by $1.5 billion, an…
As 2025 unfolded, India’s business landscape evolved not just by a single defining event, but rather a cascade of developments shaped the business arena. Monetary policy signals, reforms and changes in policy decisions and global corporate entries kept surfacing throughout the year, with each event marking a moment of significance in its own way. Together,…
Gold prices hit a record of ₹1,38,676 per 10 grams in futures trade on Wednesday, while the metal crossed USD 4,500 per ounce in the global market, amid expectations of further monetary easing by the Federal Reserve and rising geopolitical tensions. Rallying for the third straight session, gold futures for February delivery increased by ₹791,…
From the 30-Sensex firms, Bajaj Finance, NTPC, Trent, Bharat Electronics, Adani Ports and Eternal were among the gainers. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty rallied in early trade on Wednesday (December 24, 2025), tracking a positive trend in global markets and consistent buying by domestic institutional investors. The 30-share BSE…
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 12 paise to 89.51 against the U.S. dollar in early trade on Wednesday (December 24, 2025), supported by the RBI’s major liquidity announcement and the weakness of the American currency in the overseas market. Forex traders said the rupee…
