Anan Jewels director Ankita Kothari Bangkok-based Anan Jewels plans to expand its operations n India, after having set up a manufacturing unit in Mumbai two years ago, its director Ankita Kothari said. “We are growing every day. Just two years ago, we moved to this current building and now with the current market demands and…
MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off in the last few weeks. The additional margin of 3 per cent levied in Gold Futures (all contracts of all variants) and 7 per cent…
Reserve Bank of India. File Picture | Photo Credit: Reuters Reserve Bank of India (RBI) has deferred the implementation of Unique Transaction Identifier (UTI) for all over-the-counter (OTC) derivatives to obtain a comprehensive view of the market to January 2027, the banking regulator said in a statement. “At present, all transactions in OTC markets for…
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S.. File | Photo Credit: Reuters U.S. President Donald Trump can reduce tariffs on imports from India to 18% from the current 25% without the need of a fresh…
Image for representative purposes only. File | Photo Credit: Reuters The rupee rose 5 paise to close at 90.67 (provisional) against the U.S. dollar on Wednesday (February 18, 2026) driven by inflow of foreign funds and positive domestic equity markets. However, higher global crude oil prices and a strengthening greenback capped sharp gains in the…
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday (February 18, 2026), driven by last-hour buying in bank, metal, and FMCG shares. The 30-share BSE Sensex jumped 283.29 points, or 0.34%, to settle at 83,734.25 in a volatile trade. During the day, it touched an intraday high of…
FILE – 1 Ounce Fine Gold Coins are displayed in the safe deposit boxes room at the Pro Aurum gold house in Munich, Germany. | Photo Credit: AP Gold (Aurum or Au) is a chemical element on the periodic table, and a metal known for its bright yellow colour and shine. A natural occurrence in…
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…
