Image for representation | Photo Credit: Getty Images The rupee depreciated 7 paise to close at 88.78 (provisional) against the U.S. dollar on Friday (October 3, 2025), near its all-time low level, on dollar demand from importers and persistent foreign fund outflows. Forex traders said the USD/INR pair is hovering around its all-time low level,…
Reserve Bank Governor Sanjay Malhotra. | Photo Credit: RBI India’s macro-economic fundamentals have continued to remain very strong, and the country has become an anchor of stability in a volatile world, Reserve Bank Governor Sanjay Malhotra said on Friday (October 3, 2025). Speaking at Kautilya Economic Conclave 2025 here, the RBI Governor attributed the country’s…
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday (October 3, 2025), retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55% to ₹1,16,945 per 10 grams in a…
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday, retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55 per cent to ₹1,16,945 per 10 grams in a turnover…
Union Finance Minister Nirmala Sitharaman delivers inaugural address at the Kautilya Economic Conclave 2025, in New Delhi on October 3, 2025. Photo: X/@nsitharamanoffc Finance Minister Nirmala Sitharaman on Friday (October 3, 2025) said India’s capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She said…
At the interbank foreign exchange market, the rupee opened at 88.68, then lost ground and touched 88.76 against the U.S. dollar, registering a decline of 5 paise over its previous close. | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Friday (October 3, 2025) and depreciated 5 paise to 88.76 against…
Gold’s rally has been supported by central-bank buying and rising holdings in gold-backed exchange-traded funds, as the Fed resumed rate cuts. Gold gained — following a five-day rally that saw it reach new records — as the US government shut down and traders added to bets on Federal Reserve interest-rate cuts following weak private payrolls…
Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto New project announcements by the Indian private sector surged to nearly a 15-year high in the first half of the ongoing financial year 2025-26, even as new government projects and those by foreign companies slumped during this period. The value of new project announcements…
Gross Goods and Services Tax mop-up was ₹1.73 lakh crore in September 2024. Last month, the collection was ₹1.86 lakh crore, as per government data released. File. | Photo Credit: Reuters GST collections clocked near double-digit growth to amass ₹1.89 lakh crore in September — a month in which the reduced tax rates came into…
Trader businessman searching on smartphone, analyzing in dynamic stock exchange investment | Photo Credit: NanoStockk At a time when foreign investors have been pulling money out of the Indian stock market, domestic investors have kept it afloat with their steady contributions. Data show that this trend has persisted for some time now. But who are…
