Image for representation only | Photo Credit: Getty Images/iStockphoto Indian Bank has announced complete waiver of minimum balance charges across all savings bank accounts effective July 7. Effective July 1, Punjab National Bank, too, has decided to waive penal charges for non-maintenance of minimum average balance (MAB) in all savings accounts. According to Indian Bank, the move…
Gold has been trading within a tight range over the past few months after hitting an all-time high above $3,500 an ounce in April. Gold extended a decline as progress in talks between the US and key trading partners hurt demand for haven assets. Bullion edged lower to trade near $3,375 an ounce — following…
The 30-share BSE Sensex dropped 345.80 points or 0.41%, to settle at 83,190.28. During the day, it declined 401.11 points or 0.48%, to 83,134.97. File | Photo Credit: AP Benchmark indices Sensex and Nifty buckled under selling pressure on Thursday (July 10, 2025) due to weakness in IT and telecom stocks as investors turned cautious…
India’s development cooperation with the Global South has been showing a rising trend for the last several years. India has made consistent efforts to expand the facets of these engagements and has also almost doubled the flow of quantum — from around $3 billion in 2010-11 to around $7 billion in 2023-24. While capacity building…
US gold futures rose 0.4% to $3,329.80. Gold prices climbed on Monday as an escalation in the Russian war in Ukraine and US President Donald Trump’s fresh threat to double tariffs on imported steel and aluminium prompted investors to seek refuge in safe-haven bullion. Spot gold was up 0.5 per cent at $3,305.85 an ounce,…
Forex traders said the Indian rupee ended the day in the green against the U.S. dollar amid firm expectations that India and the U.S. will reach a deal soon. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day higher by 4 paise at 85.69 (provisional) against the U.S. dollar…
Online food delivery workers at Namakkal in Tamil Nadu on July 1. | Photo Credit: SPECIAL ARRANGEMENT The 2025 Union Budget took several measures to formally ‘recognise’ gig and platform workers, and extended various social protection schemes to this growing workforce. Despite this recognition, the revised Periodic Labour Force Survey (PLFS), 2025 does not include…
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…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty declined in early trade on Friday (July 11, 2025) dragged down by selling pressure in IT stocks post earnings announcement by TCS. The 30-share BSE Sensex dropped 398.45 points to 82,791.83 in early trade. The 50-share NSE…
Wooden cubes with the letters PMI arranged in a vertical pyramid on banknotes, green plant in a flower pot on the background. PMI – short for Project Management Institute, business concept. | Photo Credit: Maks_Lab The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven…
