Stock markets extended the winning run to the sixth consecutive day on Thursday (August 21, 2025), with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. The 30-share BSE Sensex climbed 142.87 points or 0.17%, to settle at 82,000.71 in a restricted trade. During the day,…
EY India. File | Photo Credit: Reuters The targeted import tariffs by the U.S. and the recent tax policy changes enacted through that country’s ‘One Big Beautiful Bill’ will mean Indian companies investing abroad would need to consider a “strategic pivot” and explore other geographies, according to EY India. This comes at a time when…
Forex traders said the rupee opened on a positive note with the rise in risk appetite in the global markets amid easing tensions over trade tariffs and hopes of a truce between Russia and Ukraine. Representational file image. | Photo Credit: AP The rupee pared initial gains and settled for the day lower by 18…
Image for representation only | Photo Credit: Getty Images/iStockphoto The Group of Ministers (GoM) on Rate Rationalisation, formed by the Goods and Services Tax (GST) Council, has decided to accept the Centre’s two-rate structure proposal for GST and will be recommending this to the GST Council, the chairperson of the GoM and Bihar Deputy Chief…
SEBI also set up a dedicated unit to examine patterns of manipulation, the regulator’s whole-time member Kamlesh Varshney said at the event. | Photo Credit: Reuters “Markets regulator Securities and Exchange Board of India (SEBI) is planning to increase the tenure and maturity of equity derivatives contracts,” its chairman Tuhin Kanta Pandey said on Thursday…
At the interbank foreign exchange, the rupee opened at 87.04, then touched an early high of 86.93, registering a gain of 14 paise over its previous close. File | Photo Credit: Reuters The rupee appreciated 14 paise to 86.93 against the U.S. dollar in early trade on Thursday (August 21, 2025), on positive domestic equities…
From the Sensex firms, Bajaj Finserv, Reliance Industries, Trent, ICICI Bank, Tata Motors and Bharat Electronics were among the major gainers. File | Photo Credit: Reuters Stock market benchmark indices began the trade on an optimistic note on Thursday (August 21, 2025) amid buying in bluechips Reliance Industries and ICICI Bank. The 30-share BSE Sensex…
Reserve Bank of India (RBI) Governor Sanjay Malhotra. File. | Photo Credit: ANI The adverse impact of the tariff and geopolitical uncertainty on demand remained a major concern at the last the Monetary Policy Commitee (MPC) meeting, the minutes of which was released on Wednesday (August 20, 2025) indicate. “Uncertainty in external demand, driven by…
Within the Index, the coal sector saw the largest contraction, of 12.3%, in July 2025. Representational file image. | Photo Credit: Getty Images Growth in industrial activity in India’s eight core industries slowed to 2% in July 2025, dragged down by contractions in the fossil fuel categories, according to data released on Wednesday (August 20,…
Terms of Reference (ToR) signed amid pressure from the U.S to reduce its economic ties with Russia. File | Photo Credit: Getty Images/iStockphoto India and the Eurasian Economic Union (EAEU), comprising Russia, Armenia, Belarus, Kazakhstan, and the Kyrgyz Republic, on Wednesday (August 20, 2025) signed the Terms of Reference (ToR) to launch negotiations on a…
