Some of the particular success stories of the PLI schemes in enhancing exports are in textile sector, an official release said. Representational file image. | Photo Credit: EMMANUAL YOGINI The government’s Production-Linked Incentive scheme has seen the government provide ₹21,534 crore worth of incentives in various sectors, thereby attracting investments worth ₹1.76 lakh crore, according…
Gold ($3,325/ounce) was up 2.6 per cent whereas silver ($32.70/ounce) gained 2.2 per cent last week. Similarly, in the domestic market, gold futures (₹96,518/10 gm) appreciated 4.2 per cent and silver futures (₹96,729/kg) went up by 2.8 per cent. MCX-Gold (₹96,518) Gold futures (June) rebounded last week, thereby making a higher low. However, it failed…
A roadside currency exchange vendor counts notes in New Delhi. File | Photo Credit: Reuters The rupee depreciated 8 paise to 85.70 against the U.S. dollar in early trade on Thursday (July 3, 2025) amid renewed headwinds from global risk sentiment and persistent foreign fund outflows. Forex traders said the rupee was trading in a…
UPI has transformed the digital payments landscape in India, the IMF paper said. Photo: X/@UPI_NPCI A new paper published by the International Monetary Fund has lauded the impact of the Unified Payments Interface (UPI) system in India and has said those looking to move from cash to digital payments should also carry out the other…
Gold prices in India today slid by over ₹ 200 | Photo Credit: KVS GIRI Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in…
Sebi found the manipulative trading patterns of JS Group early this year. File | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) banned U.S.-based investment firm Jane Street from Indian securities markets for manipulating stock index and unlawfully earning ₹4,843 crore, according to an order on Thursday (July 3, 2025). The entities…
File photo of The Reserve Bank of India (RBI) logo. | Photo Credit: Reuters Amid global uncertainties, various high-frequency indicators point towards resilient economic activity in India across the industrial and services sectors, the Reserve Bank Bulletin said on Wednesday (June 25, 2025). “The global economy is in a state of flux, reeling from…
Gold rates drop by around ₹ 120 in India | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India:…
A view of the Bombay Stock Exchange. | Photo Credit: Reuters Benchmark indices Sensex and Nifty inched higher in opening trade on Friday (July 4, 2025) amid buying in bank stocks and a rally in the US markets, but later turned flat as investors stayed on the sidelines ahead of India’s upcoming trade deal with…
Power generators will hedge revenue, distribution companies hedge costs and traders bring liquidity according to NSE’s factsheet on the product. | Photo Credit: pixelfusion3d National Stock Exchange (NSE) is set to launch a new security called “Electricity Futures” in order to hedge losses due to electricity price fluctuations. This will allow power buyers, sellers, traders,…
