Representative image | Photo Credit: Reuters The rupee appreciated 14 paise to 87.95 against the U.S. dollar in early trade on Tuesday (September 9, 2025), tracking a positive trend in domestic equities even as concerns over U.S. tariffs on India weighed on the domestic unit. Forex traders said the rupee is likely to remain under…
Representative image | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Tuesday (September 9, 2025) in tandem with a rally in global markets amid hopes of a US Fed rate cut later this month. A rebound in IT stocks also drove the markets higher during the…
Gold will likely retain its haven status and will likely outperform most traditional financial assets in 2025, said Prithviraj Kothari, national president of Indian Bullion and Jewellers Association (IBJA). “We see that gold is likely to remain well-supported until the later part of 2025 due to expectations of cuts in US interest rates, stubborn inflation…
The world is seeking a stable and predictable environment for trade and economic practices should be fair, transparent and to everyone’s benefit, External Affairs Minister S. Jaishankar said on Monday (September 8, 2025), against the backdrop of increasing global concerns over Washington’s tariff tussle. In an address at a virtual BRICS summit, the External Affairs…
The U.S.-India Business Council (USIBC) said on Monday (September 8, 2025) that the two countries have too much at stake in this era of rising geostrategic competition to abandon the progress made together. The Council applauded the recent positive remarks by President Donald Trump and Prime Minister Narendra Modi which “underscores the importance of safeguarding the strong…
In August, India produced 69.87 MT of coal higher than 64.86 MT in July, even though it fell short on its monthly target of 73.77 MT. | Photo Credit: RITESH SHUKLA Coal production in India rose about 8% on a month-on-month basis notwithstanding a lacklustre season owing to operational constraints triggered by monsoons and typically…
Gold prices on Monday (September 8, 2025) retreated from record levels to trade at ₹1,07,670 per 10 grams, down by ₹200, in the national capital due to fresh selling by stockists, according to the All India Sarafa Association. The precious metal of 99.5% purity also fell by ₹200 to ₹1,06,800 per 10 grams (inclusive of…
SEBI said that the settlement for derivative transactions on September 4, September 5 and September 8 will be done on Tuesday (September 9, 2025). File | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) announced that the settlement day for cash and securities lending and borrowing mechanism segments will be postponed due…
In August alone, global gold gained 3.9%, pushing year-to-date gains to 31.4%, according to World Gold Council data. Gold futures breached the USD 3,600 per ounce mark on Monday, marking their fresh all-time high, on expectations that the US Federal Reserve will cut the key policy rate. At 16.06 IST, international gold traded at USD…
The 30-share BSE Sensex edged higher by 76.54 points or 0.09% to settle at 80,787.30 despite profit-booking by investors in the last hour of the session. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed with gains on Monday (September 8, 2025), tracking a firm trend in global markets amid hopes of…
