Representational file image. | Photo Credit: PTI Equity benchmark index Sensex tumbled 849 points to slip below the 81,000 level on Tuesday (August 26, 2025) due to widespread selling pressure after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian products. Besides, persistent foreign fund outflows and a…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 12 paise to close at 87.68 (provisional) against the U.S. dollar on Tuesday (August 26, 2025), tracking weak domestic markets after the U.S. issued a draft notice on plans to implement an additional 25% tariff on Indian products. Forex traders said the…
Benchmark indices Sensex and Nifty declined in early trade on Tuesday (August 26, 2025) after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian imports. Additionally, persistent foreign fund outflows and a weak trend in Asian markets also dampened sentiment. The 30-share BSE Sensex tumbled 606.97 points or…
Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 22 paise to 87.78 against the U.S. dollar in early trade on Tuesday (August 26, 2025) after the U.S. issued a draft notice detailing plans to impose an additional 25% tariff on India. Forex traders said the rupee lost momentum as worries…
Photo: Facebook/Gokaldas Exports LTD India was emerging as a preferred sourcing hub, bolstered by competitive labour costs, a stable policy environment and the recently concluded India-U.K. FTA has offered a 12% duty advantage over competitors like China, said Mathew Cyriac Chairman, Gokaldas Exports, a Bengaluru-based apparel manufacturer for global brands. The global apparel market was…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices rebounded on Monday (August 25, 2025), with the BSE Sensex climbing 329 points, tracking a rally in global equity markets, on hopes of a potential U.S. Federal Reserve rate cut. Buying in IT stocks were also instrumental in driving the…
Forex traders said investors were cautious ahead of the implementation of the August 27 tariff deadline and the upcoming U.S. economic data ahead of the Federal Reserve’s September 17 meeting. File | Photo Credit: AP The rupee pared initial gains to settle 6 paise lower at 87.58 (provisional) against the U.S. dollar on Monday (August…
Reserve Bank of India Governor Sanjay Malhotra speaks during the FIBAC banking conference in Mumbai, on August 25, 2025. | Photo Credit: Reuters Should the tariffs imposed by U.S. President Donald Trump kick in, the Reserve Bank of India (RBI), like in the past, would step in and provide financial support to worst impacted sectors…
Image used for representation purpose only. | Photo Credit: Reuters Fitch Ratings on Monday (August 25, 2025) affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. “India’s ratings are supported by its robust growth and solid external…
Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 18 paise to 87.34 against the U.S. dollar in early trade on Monday (August 25, 2025), supported by positive domestic equities, even as external risks remain elevated. Forex traders said the near-term direction of the rupee will depend on two key events…
