Gold started trading at discounts in India this week for the first time in nearly a month as volatile prices deterred buying, while demand was robust in China ahead of the Lunar New Year holiday. Indian bullion dealers this week offered a discount of up to $12 per ounce over official domestic gold prices –…
Benchmark equity indices Sensex and Nifty tumbled over 1% in early trade on Friday (February 13, 2026), led by steep losses in IT stocks amid weak global cues and persistent concerns over artificial intelligence-led disruptions, which weighed on investor sentiment. The 30-share BSE Sensex tanked 883.4 points, or 1.05%, to 82,791.52 in early deals. The…
SEBI Chairperson Tuhin Kanta Pandey. | Photo Credit: Special arrangement Securities and Exchange Board of India (SEBI) is set to take measures to reduce costs of regulation, said markets regulator Chairperson Tuhin Kanta Pandey on 12, February at an event at Mumbai. “Cost of capital is an important cost and it should come down. For…
Union Finance Minister Nirmala Sitharaman speaks in Lok Sabha during the Budget Session, in New Delhi February 11, 2026. | Photo Credit: ANI Congress leader Anand Sharma slammed Finance Minister Nirmala Sitharaman on Thursday (February 12, 2026) for criticising India’s stand at the WTO Ministerial Conference in Bali in 2013 during the UPA rule and…
Food price inflation was at 2.13% year-on-year in January. File | Photo Credit: Reuters India’s key inflation rate accelerated to 2.75% in January on higher food and precious metal prices, the maiden print under a revised data series showed on Thursday (February 12, 2026), returning to the Reserve Bank of India’s target band for the…
Benchmark BSE Sensex fell 558 points on Thursday (February 12, 2026) amid heavy selling in IT shares, as concerns over AI-led disruptions and waning hopes of a Fed rate cut after firm U.S. economic data weighed on investor sentiment. The 30-share BSE Sensex declined 558.72 points, or 0.66%, to settle at 83,674.92. During the day,…
US gold futures for April delivery lost 0.3% to $5,083.90 per ounce. Gold prices dipped on Thursday as the US dollar firmed after stronger-than-expected January jobs data dented expectation for near-term interest rate cuts, while investors awaited inflation data due on Friday for more monetary policy cues. Spot gold edged 0.3 per cent lower to…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Thursday (February 12, 2026) dragged down by heavy losses in IT stocks such as Infosys and Tata Consultancy Services amid weak cues from U.S. markets. Extending the previous day’s decline, the…
The agreement is expected to provide a direct boost to various segments of the industry by slashing customs duties that had made Indian products unviable for American buyers over the past few months. | Photo Credit: ARKO DATTA India’s gems and jewellery industry is celebrating a significant breakthrough following the announcement of the India-US Interim…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 38 paise to 90.40 against the U.S. dollar in early trade on Thursday (February 12, 2026), supported by foreign fund inflows and suspected RBI intervention. Forex traders said foreign fund inflows, while not massive, provided a psychological anchor. Moreover, the RBI…
