Image for representation | Photo Credit: Reuters The rupee declined 11 paise to 87.36 against the U.S. dollar in early trade on Friday (August 22, 2025) amid a rise in dollar demand. However, positive FII inflows and a decline in crude oil prices prevented sharper losses in the local unit as traders awaited US Fed…
Image used for representative purpose only. | Photo Credit: K.R. Deepak India private sector activity expanded at the fastest pace on record in August, fuelled by a robust surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on…
Analysis by MUFG indicates that a sustained 50% tariff could cut India’s GDP growth by 1 percentage point over time, with the biggest hit to employment-sensitive sectors such as textiles. | Photo Credit: Getty Images/istockphoto Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks…
Union Minister for Coal and Mines, Kishan Reddy, launched the 13th round of commercial coal mine auctions in New Delhi on August 21, 2025. Photo: X/@kishanreddybjp Seeking wider stakeholder participation with the Government, Union Coal Minister G. Kishan Reddy said it is high time that coal production in India is increased. Launching the 13th round…
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…
