Gold prices edged higher on Friday, buoyed by a weaker dollar, but were poised for a weekly decline after hotter-than-expected US inflation data dampened prospects for a super-sized September rate cut by the Federal Reserve. Spot gold rose 0.3 per cent to $3,345.21 per ounce as of 0757 GMT. Bullion has lost 1.5 per cent…
Representational image only. | Photo Credit: Getty Images/iStockphoto Prime Minister Narendra Modi’s “Diwali gift” to the people of India, of reforms to the Goods and Services Tax (GST) system, will likely be across three pillars — structural reforms, rate rationalisation, and ease of living — and could entail a shift to a two-rate GST system…
78 Years of Freedom The Narendra Modi government’s quest to bolster the domestic manufacturing sector is not the first time a government has tried this. In fact, the manufacturing sector has been the focus of government policy — in one way or the other — ever since 1956, to relatively modest success. At the time…
Commerce Secretary Sunil Barthwal. File | Photo Credit: PTI India continues to be “fully engaged” with the U.S. on a Bilateral Trade Agreement, Commerce Secretary Sunil Barthwal said on Thursday, however adding that the date for the next round of negotiations has not yet been decided. He reiterated the deadline for the deal as fall…
The S&P Global logo. | Photo Credit: Reuters The ratings agency S&P Global has after an 18-year gap upgraded India’s rating, to BBB from BBB-, citing the country’s “economic resilience and fiscal consolidation”. S&P also kept India’s long-term outlook as ‘stable’. In a post on X, the Ministry of Finance welcomed the decision, saying it…
Extending gains to the second day, the 30-share BSE Sensex climbed 57.75 points or 0.07%, to settle at 80,597.66 and the 50-share NSE Nifty rose by 11.95 points or 0.05%, to 24,631.30. File | Photo Credit: The Hindu Benchmark stock indices Sensex and Nifty ended flat in a highly volatile trade on Thursday (August 14, 2025),…
This file image is used for representational purposes only. | Photo Credit: AP Rupee pared initial gains and settled for the day on a negative note, lower by 10 paise at 87.57 (provisional) against the U.S. dollar on Thursday (August 14, 2025), as it came under pressure due to continued dollar demand from importers. Forex…
A vendor arranging the pulses at a market, as the WPI stayed in negative territory for the second consecutive month at (-) 0.58% in July. | Photo Credit: Sushil Kumar Verma Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58% in July, as prices of food articles and…
From the Sensex firms, Infosys, Sun Pharma, Asian Paints, HDFC Bank, Maruti and TCS were among the major gainers. File | Photo Credit: The Hindu Benchmark indices Sensex and Nifty rallied in early trade on Thursday (August 14, 2025) amid buying in blue-chip stocks such as HDFC Bank and TCS, along with a positive trend…
A man counts Indian currency notes at a market in Bengaluru, India, August 1, 2025. REUTERS/Priyanshu Singh | Photo Credit: Reuters The rupee traded in a narrow range and edged higher by 8 paise to 87.39 against the U.S. dollar in early trade on Thursday (August 14, 2025), amid a positive trend in domestic equities….
