At the interbank foreign exchange, the rupee opened at 88.69 against the U.S. dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far. File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day lower by 7 paise…
Image used for representation purpose only. | Photo Credit: Reuters Moody’s Ratings on Monday (September 29, 2025) affirmed India’s long-term local and foreign-currency issuer ratings and the local-currency senior unsecured rating at Baa3 with a ‘Stable’ outlook on the back of robust economic growth and sound external position. The global rating agency also affirmed India’s…
Silver breached the $45 psychological mark on COMEX while gold hovered near all-time highs on September 29, 2025, driven by a weaker dollar and growing expectations of continued Federal Reserve rate cuts. Traders are pricing in a 90 per cent probability of a Fed rate cut in October and a 65 per cent chance of…
Representational image of the Reserve Bank of India (RBI) logo pictured outside its head office | Photo Credit: Reuters The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet approved his appointment on Monday (September 29, 2025). Mr. Murmu’s…
File photo of Consumer Affairs Secretary Nidhi Khare. Consumer Affairs Secretary Nidhi Khare on Monday (September 29, 2025) said the government’s National Consumer Helpline (NCH) has received 3,000 complaints related to GST since the implementation of reduced taxes. “We have so far received 3,000 consumer complaints. We are sending them to the CBIC (Central Board…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Rupee rises 3 paise to 88.69 against the U.S. dollar in early trade on Monday (September 29, 2025), tracking positive Asian currencies and weakness of the American currency in the overseas market. Forex traders said the rupee is trading in a tight range as…
The government has signed agreements with 26 overseas and domestic firms during the ‘World Food India’ summit for investments worth ₹1.02 lakh crore in India’s food processing sector. The summit, organised by the Ministry of Food Processing Industries, was held at Bharat Mandapam in the national capital from September 25 to 28. In an official…
Gold and silver prices scaled fresh lifetime highs in the domestic futures market on Monday, mirroring record gains in global markets amid expectations of US Federal Reserve rate cuts and a softer dollar buoyed sentiment. On the MCX, the yellow metal futures for October delivery surged by ₹1,204 or 1.06 per cent to touch a…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday (September 29, 2025) after registering a sharp fall last week, amid value-buying at lower levels and a firm trend in global markets. The 30-share BSE Sensex climbed 255.46 points to 80,681.92 in…
When India’s national auditor, the Comptroller and Auditor General (CAG), released a decadal analysis on States’ macro-fiscal health, one headline somehow travelled faster than anything else highlighted in the study — Uttar Pradesh, long labelled as a backward State lagging in fiscal performance, was said to have recorded a revenue surplus of ₹37,000 crore. This…
