Growth in the manufacturing sector quickened to 7.7% in the April-June 2025 quarter, coming on top of a high base of 7.6% in the same quarter of the previous year. File | Photo Credit: Getty Images India’s economic growth rate in the first quarter (April-June) of the current financial year quickened to a five-quarter high of…
The data, released as part of the RBI’s monthly bulletin, shows that this trend holds true on a quarterly basis as well. | Photo Credit: T.C.A. Sharad Raghavan While the gross Foreign Direct Investment (FDI) into India grew to a four-year high in June 2025, the net amount contracted more than 50% owing to faster…
Domestic gold prices were at around ₹1,02,000 per 10 grams on Friday, after hitting a record high ₹1,02,250 earlier this month. | Photo Credit: AMIT DAVE Demand for physical gold in India picked up slightly this week, despite a recovery in prices, as jewellers stocked up ahead of the festive season, while activity remained subdued…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday (August 29, 2025) after two days of sharp decline amid value-buying at lower levels. The 30-share BSE Sensex climbed 197.11 points to 80,277.68 in initial trade. The 50-share NSE Nifty…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 87.76 against the U.S. dollar in early trade on Friday (August 29, 2025), weighed down by persistent foreign fund outflows and month-end dollar demand. Forex traders said the rupee is under persistent pressure as the weakness from Mr. Trump…
Former RBI Governor Urjit Patel has been appointed as IMF executive director a for a period of three years | Photo Credit: Reuters Former Reserve Bank of India Governor Urjit Patel has been appointed as executive director at the International Monetary Fund, a government statement showed on Friday (August 29, 2025). Mr. Patel has been…
Image for representational purposes only. | Photo Credit: Getty Images The removal of the additional 25% tariff on India is not a prerequisite for trade negotiations to resume between India and the U.S., but a trade deal would not “be practical” if these tariffs were to remain, according to government sources. They added that while…
The story so far: The 50% tariffs imposed by the U.S. on imports from India came into effect on August 27, sending ripples through the Indian economy and the government. Several sectors, many of them labour-intensive, have the U.S. as a major export destination, and many are already seeing a significant dip in demand. The…
The manufacturing sector grew at a six-month high of 5.4% in July 2025, compared to 4.7% in July 2024. | Photo Credit: K.K. Mustafah Industrial growth jumped to a four-month high of 3.5% in July 2025, driven by a broad-based recovery in the manufacturing, electricity, capital, and consumer goods sectors. However, the Index of Industrial…
Gold prices rose ₹300 to ₹1,01,570 per 10 grams in the national capital on Thursday as investors turned to the safe-haven asset amid rising concerns over the independence of the US Federal Reserve following President Donald Trump’s threats to fire Fed Governor Lisa Cook. Besides, traders said that a weaker US dollar, expectations of a…
