Image used for representative purpose only. | Photo Credit: Reuters The rupee appreciated 17 paise to 85.56 against U.S. dollar in early trade on Thursday (July 10, 2025), as the U.S.-India trade talks made modest progress, with tariff deadline extensions on select Indian exports offering short-term relief. Forex traders said rupee traded in a volatile…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto India’s gross Goods and Services Tax (GST) collections stood at a four-month low of ₹1.85 lakh crore in June 2025, 6.2% higher than the collections seen in June of last year, and 8.2% lower than the collections in May 2025. The growth rate of gross…
Gold prices slipped to their lowest level in nearly a week on Thursday, as a stronger US dollar weighed on the precious metal. The downturn was also influenced by investor optimism in equity markets following a major US court decision. As of 10:13 a.m. IST, spot gold was down nearly 0.5 per cent, or $15.13,…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty were trading lower in early trade on Thursday (July 10, 2025) as investors stayed on the sidelines ahead of the start of earnings season, with IT major TCS scheduled to announce its Q1 numbers later in…
“India’s progress across all action areas of the Compromiso de Sevilla demonstrates that developing countries can be both beneficiaries and drivers of global development finance,” Nirmala Sitharaman said. | Photo Credit: The Hindu Finance Minister Nirmala Sitharaman on Tuesday (July 1, 2025) said that multilateral development bank (MDB) lending must also incorporate monitoring mechanisms to…
The Ministry has assured that the RBI is reviewing all suggestions and public feedback before finalising the guidelines to avoid adverse effects on timely credit access for rural India. | Photo Credit: /iStockphoto Responding to concerns raised by Tamil Nadu Chief Minister MK Stalin on gold loan draft regulations, the Finance Ministry on Friday said…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 17 paise to 86.24 against the U.S. dollar in early trade on Thursday (July 24, 2025), tracking the weakness of the American currency in the overseas market. Forex traders said uncertainty over the India-U.S. trade deal has been a huge overhang for…
Hectic negotiations between India and the U.S. enter the sixth day on Tuesday (July 1, 2025) in Washington, with the talks reaching a crucial stage and New Delhi demanding greater market access for its labour-intensive goods, an official said. The Indian team, headed by Special Secretary in the Department of Commerce Rajesh Agrawal, is in…
According to the draft norms, lenders shall not extend loans where ownership of the collateral is doubtful. Lenders have sought relaxations on the Reserve Bank of India’s proposed loan against gold collateral norms, saying apart from posing operational and commercial issues, the guidelines may push lower income borrowers to informal money lenders. According to the…
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: AP Benchmark indices Sensex and Nifty declined in early trade on Thursday (July 24, 2025) amid profit-taking in blue-chip stocks and continuous foreign fund outflows. Despite a positive start, the 30-share BSE Sensex failed to carry forward the momentum and fell later…
