The 30-share BSE Sensex tanked 1,337.39 points to 80,354.59 in early trade on Friday (June 13, 2025), while the Nifty tumbled 415.2 points to 24,473. File | Photo Credit: The Hindu Rupee declined 56 paise to 86.08 against the U.S. dollar in early trade on Friday (June 13, 2025) due to a spike in global oil…
Assam Chief Minister Himanta Biswa Sarma inspects the progress of the semiconductor project, at Jagiroad in Morigaon, Assam on February 1. | Photo Credit: ANI The story so far: The Government of India has been taking various steps to boost the production of semiconductors and electronics in India, in a bid to reduce our dependence…
A view of the wholesale vegetables market at Vashi, in Navi Mumbai. The wholesale inflation declined to 0.39% in May. | Photo Credit: PTI Wholesale price inflation (WPI) declined to 0.39% in May as prices of food articles, manufactured products, and fuel eased, government data showed on Monday (June 16, 2025). WPI-based inflation was 0.85%…
SEBI directed that the noticees be banned from trading in securities and associating with depositories, and to disgorge ₹11.37 crore jointly in addition to a penalty. File | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) has banned, among others, Sanjiv Bhasin, the Director of IIFL Securities, from securities trading for taking…
Watch | Piyush Goyal optimistic about India-US trade pact ahead of July 9 tariff deadline | Video Credit: Sriram Lakshman | Shikha Kumari A As the clock ticks towards U.S. President Donald Trump’s ‘reciprocal tariffs’ to kick in on July 9, Commerce Minister Piyush Goyal has expressed optimism that India and the U.S. could sign…
Image for representational purposes only. | Photo Credit: File Photo The story so far: Escalating tensions between West Asian nations Iran and Israel since last week sent prices of oil spiralling upwards with fears mounting about a potential disruption in oil supplies globally. The benchmark Brent crude futures had soared about 9% Friday (June 13)…
The amendments are a welcome move as they enhance investor protection and ensure that only credible and ‘well governed’ entities are allowed to act as intermediaries, says Sonam Chandwani, Managing Partner at KS Legal & Associates. | Photo Credit: HEMANSHI KAMANI Securities and Exchange Board of India (SEBI) said merchant bankers (MB) can now engage…
Union Minister Piyush Goyal speaks during an interaction with Sir Ian Blatchford, Director & Chief Executive of the Science Museum Group, at the Future Frontiers Forum, in London on June 19, 2025. | Photo Credit: ANI Commerce and Industry Minister Piyush Goyal said on Thursday the government was interested in doing trade deals with rich…
The cement sector, too, witnessed robust growth of 9.2% in May 2025, although this was on a low base as the sector had contracted 0.6% in May of last year. Representational file image. | Photo Credit: B. Velankanni Raj Growth in the eight core sectors of the economy slowed to a nine-month low of 0.7%…
Forex reserves had touched an all-time high of $704.885 billion in end-September 2024. | Photo Credit: Reuters India’s forex reserves rose $2.294 billion to $698.95 billion for the week ended June 13, the RBI said on Friday (June 20, 2025). The overall reserves had increased by $5.17 billion to $696.65 billion for the previous reporting…
