Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee-dollar pair may depreciate to ₹93 by the end of the current calendar year as foreign direct outflows continue and India decided to purchase the relatively expensive non-Russian crude oil, according to Fitch ratings. The rupee which had depreciated 5% crossing ₹92 a dollar…
Despite all the fanfare and furore in Parliament, it may be premature to celebrate or criticise the India-United States Bilateral Trade Agreement, simply because it has not yet been forged. Yet, last week’s announcement of a “Framework for an Interim Agreement on reciprocal trade” (where the agreement itself is expected to be announced in the…
The new series of the Consumer Price Index (CPI), released on Thursday, has addressed the many shortcomings of the previous series. The new series has a base year of 2024, and is pegged to consumption patterns from the Household Consumption Expenditure Survey 2023-24. The previous series had a base year of 2012 and was based…
The price of petrol sold in India has been reduced 1.9% since June 2022, even as the price of oil has fallen 41.5% since then, an analysis by The Hindu of official data shows. Data from the Petroleum Planning and Analysis Cell (PPAC) shows that the price of oil, as captured by the Indian basket…
Both metals have declined 16-43 per cent from their peaks after rallying to record highs | Photo Credit: REUTERS Gold prices plunged by ₹2,885 or two per cent to ₹152,765 per 10 gm against ₹155,650 on Thursday in line with the weakness in global markets and appreciation of the dollar against the rupee. Similarly, silver…
In the last two-three years, gold inventory hedging has been in the range of 80 per cent for the Kolkata-based jewellery retailer | Photo Credit: REUTERS/SAHIBA CHAWDHARY Jewellery retailer Senco Gold, which has been keeping a gold inventory hedging ratio at 55-60 per cent in the last six months amid high gold prices, would go…
Image used for representational purposes. File | Photo Credit: Reuters Precious metals prices declined more than 5% in the national capital on Friday (February 13, 2026), with silver declining to ₹2.55 lakh per kilogram, while gold dropped to ₹1.58 lakh per 10 grams amid subdued demand in the local market. According to the All India…
Nippon India ETF Gold BeES ranked sixth globally in gold ETF fund flows for January 2026, recording net inflows of $911.7 million and a gold demand of 5.7 tonne, according to data released by the World Gold Council. It was the only Indian gold ETF to feature in the global top 10 for the month….
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee consolidated in a narrow range and settled for the day 3 paise lower at 90.64 (provisional) against the U.S. dollar on Friday (February 13, 2026), tracking the strength of the American currency in the overseas market and a negative trend in domestic…
India needs to address its structural cost disadvantages, leverage free trade agreements (FTAs) and promote the manufacturing of strategic components to boost its electronics goods exports, according to NITI Aayog’s Trade Watch Quarterly report released on Friday (February 13, 2026). The electronics segment represents a $4.6 trillion global market. However, India’s share in this market…
