At the interbank foreign exchange, the rupee opened at 90.91 and moved in a narrow range of 90.91-91.06 before settling at 90.99 (provisional), down 8 paise from its previous close. Image for representative purposes only. File | Photo Credit: Reuters The rupee declined 8 paise to settle at 90.99 (provisional) against the U.S. dollar on…
Sensex tanked 961.42 points or 1.17%, to settle at 81,287.19 and Nifty tumbled 317.90 points or 1.25%, to end at 25,178.65. Representational file image. | Photo Credit: Reuters Benchmark indices Sensex and Nifty tumbled over 1% on Friday (February 27, 2026) due to fresh foreign fund outflows and subdued global trends amid rising geopolitical risks….
According to the new series, the gross domestic product (GDP) is estimated to grow at 7.6% during the current fiscal. File | Photo Credit: Getty Images/iStockphoto India’s economy grew by 7.8% during the October-December quarter of 2025-26, up from 7.4% a year ago, according to the new series of national accounts with 2022-23 as the…
Coal India Ltd (CIL) informed that all its producing subsidiaries combined are holding pithead stocks of up to 115 million tonnes (MT) as on February 26, with the quantum expected to spur further as the fiscal year approaches an end. | Photo Credit: Saptaparno Ghosh State-owned miner Coal India Ltd (CIL) informed on Friday (February…
Fresh positions built up by participants led to a rise in silver prices, analysts said. Silver prices rose 3.17 per cent to ₹2.67 lakh per kg in the futures trade on Wednesday, amid renewed uncertainty over US trade policy. On the Multi Commodity Exchange, the white metal for March delivery increased ₹8,231, or 3.17 per…
Globally, gold futures rose 0.26% to $5,199.66 per ounce in New York. Gold prices on Friday rose ₹890 to ₹1,60,599 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for April delivery traded higher by ₹890, or 0.56 per cent, at…
Gold discounts in India widened to their deepest in 10 months as a rebound in prices curbed demand, while China demand picked up as the bullion’s safe-haven appeal shined through via rising premiums after markets returned from the Lunar New Year holiday. Indian bullion dealers offered a discount of up to $65 per ounce over…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee fell 4 paise to 90.95 against the U.S. dollar in early trade on Friday (February 27, 2026), weighed down by FII outflows and a fall in the domestic equity markets in morning session. However, a weaker greenback and a dip in global crude…
The 50-share NSE Nifty declined 117.15 points to 25,379.40. File | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty drifted lower in early trade on Friday (February 27, 2026), tracking a weak trend in global markets and fresh foreign fund outflows. The 30-share BSE Sensex dropped 364.62 points to 81,883.99 during initial trade. The 50-share…
“It was the best of times; it was the worst of times”, wrote Charles Dickens in A Tale of Two Cities. This sums up the state of affairs in India in the past decade or so. Of particular interest here is the income mobility of different segments of the population which reveals sharp upward and…
