Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 15 paise to close at 89.86 (provisional) against the U.S. dollar on Friday (December 26, 2025), tracking a negative trend in domestic equities and foreign fund outflows. Forex traders said a recovery in crude oil prices, significant dollar demand from importers,…
Gold discounts in India widened to their highest in more than six months this week as a relentless price rally curbed retail buying, while discounts in China narrowed sharply from last week’s five-year highs. “People are in a festive mood and travelling, so they are not interested in making purchases at these record-high price levels,”…
From the 30-Sensex firms, Bajaj Finance, Sun Pharma, Eternal, Tata Steel, Tata Consultancy Services, and Bharti Airtel were among the biggest laggards. Representational file image. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Friday (December 26, 2025) amid foreign fund outflows as sentiment remained fragile amid low trading…
Extending its blistering rally for the fifth straight session, silver prices on Friday surged ₹8,951 to hit a fresh record high of ₹2,32,741 per kilogram in futures trade as the white metal breached the $75-per ounce-mark in the global market. On the Multi Commodity Exchange (MCX), silver futures for March 2026 contract jumped ₹8,951, or…
Image used for representative purpose only. | Photo Credit: Reuters Extending its blistering rally for the fifth straight session, silver prices on Friday (December 26, 2025) surged ₹8,951 to hit a fresh record high of ₹2,32,741 per kilogram in futures trade as the white metal breached the $75-per ounce-mark in the global market. On the…
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 23 paise to 89.94 against the U.S. dollar in early trade on Friday (December 26, 2025), weighed down by foreign fund outflows and recovery in crude oil prices. Forex traders said a negative trend in domestic equities, dollar demand…
Currently, the average turnaround time for a ship at an Indian port is 48 hours, against less than half a day at top trading hubs like Hong Kong. The idea in the Indian government is to narrow this gap as much as possible, the person cited above said. Ships idling at ports raises costs for…
For representative purposes. | Photo Credit: Getty Images A reason why India has lagged behind certain non-Western economies — such as China and South Korea — despite starting from roughly equivalent positions early in the 20th century is the relative underperformance of its manufacturing sector. While China and South Korea have seen significant increases in…
CHENNAI, TAMIL NADU, 30/04/2025 : People at a jewellery shop in T Nagar, in Chennai on Wednesday, for Akshaya Tritiya. Photo: R. Ravindran. | Photo Credit: RAVINDRAN R Silver exceeded $72 an ounce on Wednesday, even as platinum surged past $2,350. Palladium shed its gains, while gold hovered near $4,500 an ounce after topping the…
Image used for representational purpose only. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day lower by 16 paise at 89.79 (provisional) against the U.S. dollar on Wednesday (December 24, 2025), fuelled by persistent capital withdrawals from foreign investors, alongside heightened greenback demand from bullion importers. Forex traders said…
