The 30-share BSE Sensex tanked 501.51 points or 0.61%, to settle at 81,757.73 and The 50-share NSE Nifty dropped 143.05 points or 0.57%, to close at 24,968.40. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty tumbled on Friday (July 18, 2025), marking their second straight day of losses due to foreign fund…
Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…
A weak greenback against major currencies prevented a sharp depreciation in the local unit, forex traders said. File | Photo Credit: Reuters The rupee gave up initial gains to settle 4 paise lower at 86.16 (provisional) against the U.S. dollar on Friday (July 18, 2025), dragged by foreign fund outflows, rising global crude oil prices…
Image used for representative purpose only. | Photo Credit: Mohammed Yousuf The U.S., UAE, and China have emerged as the top three export destinations for India’s electronics sector during April-June quarter of 2025-26, according to the Commerce Ministry data. The Netherlands and Germany are other major export destinations for the country’s electronic exports. During April-June…
Gold prices flat in Mumbai, Bengaluru, Ahmedabad, Kolkata; down in Chennai, Hyderabad | Photo Credit: AJAY VERMA Gold prices in India were flat across all cities, except Mumbai. The price for 8 grams of 24-carat gold were also flat in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 20 paise to 86.36 against the U.S. dollar in early trade on Monday (July 21, 2025), weighed down by the overall strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders said the rupee…
If a child pesters his father for money, his usual retort would be, “Do you think I’m out there shaking a money tree.” Yes, in a way, he is right, you can’t just pluck money off a tree. But even a small penny is like a seemingly small seed, which when nurtured and nourished carefully,…
Gold prices have crashed by ₹2,636 per 10 gm in past two weeks to ₹96,596 on Monday. | Photo Credit: ANGELIKA WARMUTH The bearish trend in gold is expected to continue in the short-term as the dollar strengthened against major currencies including rupee. Gold prices have crashed by ₹2,636 per 10 gm in past two…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty dropped in early trade on Monday (July 21, 2025), but buying in the blue-chip stocks ICICI Bank and HDFC Bank helped the markets recover all the early lost ground. The 30-share BSE Sensex declined 148.68…
