A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty fell in early trade on Tuesday (July 29, 2025), extending their downward journey to the fourth day running, amid uncertainty related to the India-U.S. trade deal and persistent foreign fund outflows. The 30-share BSE Sensex…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 86.88 against the U.S. dollar in early trade on Tuesday (July 29, 2025) as month-end dollar demand and sustained foreign fund outflows weighed on the local unit. Forex traders said the domestic unit traded with a negative bias as…
European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU. File | Photo Credit: Reuters The dollar gained against major currencies, including the euro and yen, on Monday (July 29, 2025), with sentiment lifted by a trade agreement between the…
The manufacturing sector grew at a 5-month high of 3.9% in June 2025, up from 3.2% in May and 3.5% in June of last year. Representational file image. | Photo Credit: Reuters Growth in industrial activity slowed to a 10-month low of 1.5% in June 2025, down from 1.9% in May. This slowdown was driven…
Thangamayil Jewellery Ltd reported a 19% year-on-year decline in net profit to ₹46 crore in Q1 FY26, despite a 27% increase in revenue to ₹1,555 crore. Madurai-based Thangamayil Jewellery Ltd reported a 19 per cent drop in net profit to ₹46 crore for the first quarter ended June 30, 2025, as against ₹57 crore in…
Congress’s Jairam Ramesh criticises Finance Minister’s remarks on private sector investment, urging government action to support incomes and protect Indian industries. File | Photo Credit: ANI , The Congress on Monday (July 28, 2025) claimed that the net foreign direct investment has fallen steeply while domestic investors are gripped by “fear and uncertainty”, as it…
From the Sensex firms, Kotak Mahindra Bank tumbled 7.31% after the company reported a consolidated net profit of ₹4,472 crore for the June quarter. File | Photo Credit: AP Stock markets declined for the third day on Monday (July 28, 2025), with benchmark indices Sensex and Nifty tumbling nearly 1% following heavy selling in Kotak…
Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by Union MoS for Finance and BJP MP Pankaj Chaudhary on July 28, 2025. File | Photo Credit: Sansad TV/ANI Video Grab The government’s tax exemptions…
(representative image) Kirit Bhansali, Chairman, Gem and Jewellery Export Promotion Council (GJEPC), said the IIJS event this year is set to be the biggest ever with 2,100 companies and 3,600 stalls. | Photo Credit: RAJU V The gem and jewellery exporters eye generating a business of $8 billion at the world’s second largest B2B gem…
Consumers are spending more on gold jewellery, as many regard it as a value-preserving investment — one that has yielded attractive returns over recent years | Photo Credit: REUTERS/FLORENCE LO China’s gold demand has dropped by 49 per cent since it hit a peak in 2013 due to surging prices of the precious metal and…
