Representational file image. | Photo Credit: Reuters The rupee breached the 88-mark for the first time and closed at an all-time low of 88.19 (provisional) against the U.S. dollar on Friday (August 29, 2025), registering a sharp decline of 61 paise amid heightened Indo-US trade deal tensions. Forex traders said the rupee is under persistent…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The Centre’s fiscal deficit increased to 29.9% of the full-year target at the end of July, according to data released by the Controller General of Accounts (CGA) on Friday (August 29, 2025). It was at 17.2% of Budget Estimates (BE) of 2024-25 in the…
Today’s Gold Rate in India, August 29, 2025 | Photo Credit: – Gold prices in India saw an increase today (August 29) across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday (August 28). Below is a detailed breakdown of gold prices in key cities. Gold…
The 30-share BSE Sensex dropped 270.92 points or 0.34% to settle at 79,809.65. During the day, it declined 338.81 points or 0.42% to 79,741.76. File. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty fell on Friday (August 29, 2025), extending their downward journey to the third day, as investors continued to reel under…
Growth in the manufacturing sector quickened to 7.7% in the April-June 2025 quarter, coming on top of a high base of 7.6% in the same quarter of the previous year. File | Photo Credit: Getty Images India’s economic growth rate in the first quarter (April-June) of the current financial year quickened to a five-quarter high of…
The data, released as part of the RBI’s monthly bulletin, shows that this trend holds true on a quarterly basis as well. | Photo Credit: T.C.A. Sharad Raghavan While the gross Foreign Direct Investment (FDI) into India grew to a four-year high in June 2025, the net amount contracted more than 50% owing to faster…
Domestic gold prices were at around ₹1,02,000 per 10 grams on Friday, after hitting a record high ₹1,02,250 earlier this month. | Photo Credit: AMIT DAVE Demand for physical gold in India picked up slightly this week, despite a recovery in prices, as jewellers stocked up ahead of the festive season, while activity remained subdued…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (August 29, 2025) after two days of sharp decline amid value-buying at lower levels. The 30-share BSE Sensex climbed 197.11 points to 80,277.68 in initial trade. The 50-share NSE Nifty…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 87.76 against the U.S. dollar in early trade on Friday (August 29, 2025), weighed down by persistent foreign fund outflows and month-end dollar demand. Forex traders said the rupee is under persistent pressure as the weakness from Mr. Trump…
Former RBI Governor Urjit Patel has been appointed as IMF executive director a for a period of three years | Photo Credit: Reuters Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday (August 29, 2025). Mr. Patel has been…
