Foreign Institutional Investors bought equities worth ₹7,940.70 crore on June 20, 2025, according to exchange data. File | Photo Credit: PTI Stock market benchmark indices Sensex and Nifty tumbled on Monday (June 23, 2025), as intensifying tensions in the Middle East after the U.S. bombed three major nuclear sites in Iran unnerved investors. After losing…
Rupee hits five-month low at 86.78 against USD due to market pressure, offset by FII inflows and forex reserves. File | Photo Credit: Reuters The rupee plunged 23 paise to close at a five-month low of 86.78 (provisional) against the U.S. dollar on Monday (June 23, 2025) amid a strengthening dollar and volatile crude oil…
India’s manufacturing and services index hits a 14-month high in June, driven by strong export demand, employment growth, and low inflation. File | Photo Credit: Reuters An index measuring India’s combined manufacturing and services performance rose to a 14-month high in June, driven by strong export demand. The HSBC Flash India Composite Output Index rose…
At less than 3%, the inflation figure for May is well within the target set by the government of India. This has led to a celebration in the media of the Reserve Bank of India’s prowess in macroeconomic management, of which inflation control is an important part. What has received next to no acknowledgement, though,…
Representative image | Photo Credit: Getty Images/iStockphoto Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons. The tax would be a first among the six-member oil-rich Gulf Cooperation Council. The 5% tax will start in 2028 and will only be required…
With data showing a steep decline in price rise in June, Reserve Bank Governor Sanjay Malhotra on Friday (July 25, 2025) said that the outlook on inflation and growth will determine future rate cuts, making it clear that the current data will not influence the trajectory. Speaking at the FE Modern BFSI Summit in…
Photo used for representation purpose only., | Photo Credit: Getty Image/iStockphoto S&P Global Ratings on Tuesday (June 24, 2025) raised India’s GDP forecast for current fiscal to 6.5% assuming a normal monsoon, lower crude oil prices and monetary easing. S&P, also, flagged rising risks to the global economy due to the turbulence in the Middle…
Union Finance Minister Nirmala Sitharaman addresses the India Exim Bank Trade Conclave 2025, in New Delhi, on June 24, 2025. | Photo Credit: PTI The Modi government’s approach towards enhancing India’s exports has meant that exporters no longer have to be located in Special Economic Zones (SEZs) to export their goods, Union Finance Minister Nirmala…
From the Sensex constituents, Adani Ports, Tata Steel, Kotak Mahindra Bank, UltraTech Cement, Bajaj Finserv and Titan were among the biggest gainers. File | Photo Credit: PTI Equity benchmarks Sensex and Nifty on Tuesday (June 24, 2025) gave up most of their sharp intra-day gains due to the emergence of profit-taking as investors turned cautious amid…
Prime Minister Narendra Modi shakes hands with his British counterpart Keir Starmer after Britain’s Secretary of State for Business and Trade, Jonathan Reynolds and Union Minister Piyush Goyal signed a free trade agreement, at Chequers Estate, in U.K.. (X/@narendramodi) The India-UK Free Trade Agreement (FTA) signed on Thursday (July 25, 2025) establishes a modern, forward-looking…
