New scheme announcements and expansions of existing ones are likely for small and medium industries in general and for sectors like textiles, leather and footwear, gems and jewellery, and handicraft, among others, when finance minister Nirmala Sitharaman presents the budget on 1 February, the persons cited above said on condition of anonymity. Policy makers feel…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The value of cryptocurrency transactions in India exceeded ₹51,000 crore in 2024-25, according to an analysis of data shared with Parliament, representing a 41% increase over the previous year. The data, shared by the Ministry of Finance in reply to a question in the Rajya…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 14 paise to close at 90.09 (provisional) against the U.S. dollar on Monday (December 8, 2025), as elevated crude oil prices and persistent foreign fund outflows dented investor sentiments. Forex traders said multiple pressures, such as sustained importer demand for the American…
Equity benchmark indices Sensex and Nifty nosedived on Monday (December 8, 2025) after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Analysts said investors turned defensive ahead of this week’s U.S. Federal Reserve policy decision, which further weakened the sentiment. The 30-share BSE…
Gold prices edged higher to ₹1,30,638 per 10 grams, while silver futures eased to ₹1,82,600 per kg on Monday as investors turned cautious ahead of the US Federal Reserve’s final policy meeting of the year. On the Multi Commodity Exchange (MCX), gold futures for the February 2026 contract increased by ₹176 or 0.13 per cent…
Trading in the global gold market declined by 26 per cent in November, averaging $417 billion a day, against a record high of $561 billion in October, the World Gold Council (WGC) said. However, global gold volumes remained well above their 2024 average of $232 billion a day. “With gold price volatility decreasing in the…
Equity benchmark indices Sensex and Nifty declined in early trade on Monday (December 8, 2025) weighed down by losses in services and realty stocks and sustained foreign fund outflows. The 30-share BSE Sensex dropped 316.52 points, or 0.37%, to 85,395.85 in the morning trade. The 50-share NSE Nifty declined by 106.70 points, or 0.41%, to…
Image used for representational purposes only. File | Photo Credit: Vijay Bate The rupee depreciated 16 paise to 90.11 against the U.S. dollar in early trade on Monday (December 8, 2025), weighed down by elevated crude oil prices and persistent foreign fund outflows. Forex traders said strong dollar demand from corporates, importers and foreign portfolio…
Passenger Vehicles registered 19.7% YoY growth, aided by GST benefits, marriage season demand, better supply of high-waiting models, and sustained push from compact SUVs. File | Photo Credit: Reuters Despite high base effect, the overall automobile retail sales in November 2025 grew 2.14% Year on Year (YoY) as the sales momentum continued beyond the traditional…
Gold, which witnessed a strong rally throughout 2025, is expected to continue its positive momentum in 2026 as investment demand for the precious metal still has room to grow amid persistent geopolitical uncertainties, highlighted a report by the World Gold Council. According to the report, the outlook for gold in 2026 is being shaped by…
