According to forex experts, amid rising tensions with the U.S. and economic concerns, the rupee remained vulnerable and could see further downside as uncertainty continues to mount. File | Photo Credit: The Hindu The rupee traded in a narrow range and appreciated 5 paise to 87.67 against the U.S. dollar in early trade on Thursday…
Image used for representation | Photo Credit: Reuters Amid the ongoing row over the tariffs and penalties imposed by the Trump administration on India, citing India’s trade relations with Russia, the US-India Business Council (USIBC) said on Thursday (August 7, 2025) that it is “time to redouble our efforts, not pull apart.” U.S. President Donald…
The 30-share BSE Sensex dropped 335.71 points to 80,208.28 in early trade. The 50-share NSE Nifty declined 114.15 points to 24,460.05. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Thursday (August 7, 2025) as U.S. President Donald Trump slapped an additional 25% duty — doubling it to…
For representative purposes. | Photo Credit: iStockphoto The story so far: A report submitted by the Finance Minister in the Rajya Sabha states that 5,892 cases were taken up by the Enforcement Directorate (ED) under the Prevention of Money Laundering Act (PMLA) 2002, since 2015. Of these cases, only 15 convictions have yet been ordered…
U.S. President Donald Trump answers questions from reporters on August 5, 2025, in Washington. | Photo Credit: AP U.S. President Donald Trump on Wednesday (August 6, 2025) slapped an additional 25% tariff on goods coming from India as penalty for New Delhi’s continued buying of Russian oil. Mr. Trump signed an executive order imposing the…
A man counts Indian currency notes at a market in Bengaluru, India, August 1, 2025. REUTERS/Priyanshu Singh | Photo Credit: Reuters The rupee recovered from record low level and closed 15 paise higher at 87.73 (provisional) against the U.S. dollar on Wednesday (August 6, 2025), supported by a volatile greenback and the Reserve Bank’s decision…
India will become the largest jewellery market in the world from 2026, surpassing the US, says Ankur Daga, Founder and CEO of Angara, a family-owned, D2C fine jewellery brand. “Right now, the US and India are at $85 billion each (jewellery market). India is growing a lot faster, except for these last two months (June…
A woman walks into the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark BSE Sensex reversed its early gains to close lower by 160 points on Wednesday (August 6, 2025) due to selling in IT and healthcare shares amid the RBI policy decision to keep the key interest rates unchanged….
Among the Sensex firms, HCL Technologies, Infosys, Sun Pharmaceuticals, Tech Mahindra, Eternal, Tata Consultancy Services, Mahindra & Mahindra, Bajaj Finance, Reliance Industries and HDFC Bank were the major laggards on August 6, 2025. File | Photo Credit: PTI Benchmark indices Sensex and Nifty gave up early gains and were trading lower on Wednesday (August 6,…
The domestic equity market, the 30-share BSE Sensex rose 113.41 points to 80,823.66 in early trade, while Nifty was up 19.20 points to 24,668.75. File | Photo Credit: Reuters The rupee rose 15 paise to 87.73 against the U.S. dollar in early trade on Wednesday (August 6, 2025) amid a weakening greenback as markets awaited…
