The Finance Ministry has asked public sector banks (PSBs) to look at monetising their investment in subsidiaries by listing them at bourses after further scaling up operations so that they realise good return. There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long…
Gold prices down | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India today were…
Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the U.S. Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground,…
Image used for representation purpose only. A PwC report said that the GST council should reduce tax slabs to three and broaden the base by bringing petroleum products under the GST. | Photo Credit: The Hindu The GST Council, comprising Finance Ministers from the Centre and States, should simplify compliance, reduce tax slabs to three,…
Gold prices up across India | Photo Credit: RAVINDRAN R Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices…
Representative image | Photo Credit: Getty Images/iStockphoto The rupee rose 26 paise to close at 85.68 (provisional) against the U.S. dollar on Tuesday (July 8, 2025) on the back of a decline in global crude oil prices and a weaker greenback. Foreign fund inflows and firm domestic equity markets further boosted the rupee, according to…
Representational image of a person holding U.S. and India’s flags at the White House. File | Photo Credit: Reuters India has hardened its position on issues related to agriculture as negotiations with the U.S. team in Washington have entered a crucial stage, an official said on Monday (June 30, 2025). The official also said that…
De Beers Group CEO Al Cook De Beers Group CEO Al Cook outlined plans to collaborate with Indian manufacturers on low-carbon diamond supply chains during his visit to Mumbai, building on the company’s renewable energy investments in mining operations across Africa. “When you buy a natural diamond jewellery in India, you have confidence, not only…
The Indian Rupee logo is seen inside the Reserve Bank of India headquarters in Mumbai. File | Photo Credit: REUTERS The rupee declined 17 paise to 85.90 against the U.S. dollar in early trade on Wednesday (July 9, 2025) amid a strengthening greenback and subdued sentiments in the domestic equity markets. However, easing global crude…
During the April-May period of FY26, industrial production grew by 1.8% compared to 5.7% a year ago. | Photo Credit: Getty Images/iStockphoto India’s industrial production growth slowed to a nine-month low of 1.2% in May 2025 due to poor performance of manufacturing, mining and power sectors, according to official data released on Monday (June 30,…
