Image for representative purposes only. File | Photo Credit: Reuters The rupee rose 5 paise to close at 90.67 (provisional) against the U.S. dollar on Wednesday (February 18, 2026) driven by inflow of foreign funds and positive domestic equity markets. However, higher global crude oil prices and a strengthening greenback capped sharp gains in the…
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday (February 18, 2026), driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29 points, or 0.34%, to settle at 83,734.25 in a volatile trade. During the day, it touched an intraday high of…
FILE – 1 Ounce Fine Gold Coins are displayed in the safe deposit boxes room at the Pro Aurum gold house in Munich, Germany. | Photo Credit: AP Gold (Aurum or Au) is a chemical element on the periodic table, and a metal known for its bright yellow colour and shine. A natural occurrence in…
Image for representational purposes only. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.10% higher at 97.24. | Photo Credit: Getty Images/iStockphoto The rupee rose 5 paise to 90.67 against the U.S. dollar on Wednesday (February 18, 2026) on the back of a drop in global crude…
Image for representative purposes only. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty began the trade on a negative territory on Wednesday (February 18, 2026), tracking losses in IT and Services stocks in a volatile session. After a bearish start, the 30-share BSE Sensex further declined 247.92 points, or 0.30%, to 83,203.04….
India’s textile sector has been steadily losing ground in global export markets. In contrast, Bangladesh has woven together a remarkable export success. Given the recently signed India-EU Free Trade Agreement (FTA), and with Bangladesh poised to lose its Least Developed Country (LDC) status, this is an opportune moment for India’s textile industry. Within the textile…
Gold was little changed after a two-day decline, with many Asian markets offline for the Lunar New Year holiday. Bullion was near $4,880 an ounce in early trading, having lost more than 3 per cent over the previous two sessions, when the US dollar strengthened. Trading has been unusually choppy since a historic rout at…
India’s direct tax system has undergone a significant expansion over the last decade, marked by a sharp rise in the number of taxpayers as well as sustained improvements in administrative efficiency. Time-series data released by the Income-Tax Department indicate that this expansion has been broad-based and persistent, reflecting deeper formal participation rather than a short-lived…
Clean Max Enviro Energy Solutions, a commercial and industrial (C&I) renewable energy provider, on Tuesday (February 17, 2026) said its ₹3,100-crore initial public offering will open for subscription on February 23. The company has fixed a price band of ₹1,000-1,053 per share, valuing it at ₹12,325 crore at the upper end. The company’s IPO will…
The rupee opened at 90.72 against the U.S. dollar and moved in a tight range, touching a high of 90.64 and a low of 90.78 in intraday deals. File | Photo Credit: Reuters The rupee gained 5 paise to settle at 90.69 (provisional) against the U.S. dollar on Tuesday (February 17, 2026), backed by positive…
