Image for representational purposes only. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.10% higher at 97.24. | Photo Credit: Getty Images/iStockphoto The rupee rose 5 paise to 90.67 against the U.S. dollar on Wednesday (February 18, 2026) on the back of a drop in global crude…
Image for representative purposes only. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty began the trade on a negative territory on Wednesday (February 18, 2026), tracking losses in IT and Services stocks in a volatile session. After a bearish start, the 30-share BSE Sensex further declined 247.92 points, or 0.30%, to 83,203.04….
India’s textile sector has been steadily losing ground in global export markets. In contrast, Bangladesh has woven together a remarkable export success. Given the recently signed India-EU Free Trade Agreement (FTA), and with Bangladesh poised to lose its Least Developed Country (LDC) status, this is an opportune moment for India’s textile industry. Within the textile…
Gold was little changed after a two-day decline, with many Asian markets offline for the Lunar New Year holiday. Bullion was near $4,880 an ounce in early trading, having lost more than 3 per cent over the previous two sessions, when the US dollar strengthened. Trading has been unusually choppy since a historic rout at…
India’s direct tax system has undergone a significant expansion over the last decade, marked by a sharp rise in the number of taxpayers as well as sustained improvements in administrative efficiency. Time-series data released by the Income-Tax Department indicate that this expansion has been broad-based and persistent, reflecting deeper formal participation rather than a short-lived…
Clean Max Enviro Energy Solutions, a commercial and industrial (C&I) renewable energy provider, on Tuesday (February 17, 2026) said its ₹3,100-crore initial public offering will open for subscription on February 23. The company has fixed a price band of ₹1,000-1,053 per share, valuing it at ₹12,325 crore at the upper end. The company’s IPO will…
The rupee opened at 90.72 against the U.S. dollar and moved in a tight range, touching a high of 90.64 and a low of 90.78 in intraday deals. File | Photo Credit: Reuters The rupee gained 5 paise to settle at 90.69 (provisional) against the U.S. dollar on Tuesday (February 17, 2026), backed by positive…
PDP legislator Waheed-ur-Rehmaan Parra. File. | Photo Credit: IMRAN NISSAR The Peoples Democratic Party (PDP) on Tuesday (February 17, 2026) demanded an all-party meeting in the Assembly on Kashmir’s apple crisis in the wake of the India-U.S. trade deal. Speaking in the House, PDP leader and legislator Waheed-ur-Rehmaan Parra said the all-party meeting was important “to…
Precious metals declined for the second consecutive day to high a 10-day low on Tuesday on profit-booking, after a sharp rally in the past few months. Most importantly, gold dropped below $4,900 an ounce and silver to $72 an ounce. In the domestic market, the yellow metal declined by Rs 2,233 or one per cent…
Gold prices drop on February 17 | Photo Credit: SAHIBA CHAWDHARY Gold prices in India saw a decrease in all key cities today on February 17. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session. Below is a detailed breakdown of gold prices in key cities….
