Representational file image. | Photo Credit: Reuters India’s hospitality industry witnessed a 12.9% year-on-year growth in Revenue per Available Room (RevPAR) during the April-June quarter of this calendar year, a report said on Tuesday. The hospitality sector delivered an exceptional 12.9% RevPAR growth on a year-on-year (YoY) basis with 10% sequential acceleration, demonstrating sustained recovery…
The Government said as part of “continuous efforts to moderate prices of wheat before the upcoming festive season”, the wheat stock limit is revised until March 31, 2026. | Photo Credit: YAMAM AL SHAAR The Union Food Ministry has further reduced the wheat stock limits for traders, stockists and processors on Tuesday and said the…
Gold prices rose across Indian cities on August 26 | Photo Credit: AMIT DAVE Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in…
In a bid to ease the burden, the Central government has revised the duty drawback rates on gold, silver and platinum jewellery | Photo Credit: AMIT DAVE The gem and jewellery industry plans to tap alternative markets in West Asia, the UK and Europe more aggressively with the US giving effect to the unsustainable 50…
Representational file image. | Photo Credit: PTI Equity benchmark index Sensex tumbled 849 points to slip below the 81,000 level on Tuesday (August 26, 2025) due to widespread selling pressure after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian products. Besides, persistent foreign fund outflows and a…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 12 paise to close at 87.68 (provisional) against the U.S. dollar on Tuesday (August 26, 2025), tracking weak domestic markets after the U.S. issued a draft notice on plans to implement an additional 25% tariff on Indian products. Forex traders said the…
Benchmark indices Sensex and Nifty declined in early trade on Tuesday (August 26, 2025) after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian imports. Additionally, persistent foreign fund outflows and a weak trend in Asian markets also dampened sentiment. The 30-share BSE Sensex tumbled 606.97 points or…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 22 paise to 87.78 against the U.S. dollar in early trade on Tuesday (August 26, 2025) after the U.S. issued a draft notice detailing plans to impose an additional 25% tariff on India. Forex traders said the rupee lost momentum as worries…
Photo: Facebook/Gokaldas Exports LTD India was emerging as a preferred sourcing hub, bolstered by competitive labour costs, a stable policy environment and the recently concluded India-U.K. FTA has offered a 12% duty advantage over competitors like China, said Mathew Cyriac Chairman, Gokaldas Exports, a Bengaluru-based apparel manufacturer for global brands. The global apparel market was…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices rebounded on Monday (August 25, 2025), with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential U.S. Federal Reserve rate cut. Buying in IT stocks were also instrumental in driving the…
