Business

October 16, 2026 6:47 PM

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Country’s Forex reserves decline over $8.5bn during last week

The country's foreign exchange reserves declined over 8.5 billion US dollars (USD) to 726 billion US dollars during the week ended 9th of October. According to Reserve Bank of India data, Foreign currency assets, the largest component of the reserves, dropped by 7.1 billion dollars to 597.6 billion ...

October 16, 2026 6:40 PM

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Oil prices up

Global crude oil prices rose today. Brent crude was trading half a per cent up at 106 US dollars and 46 cents per barrel. West Texas Intermediate crude was trading 0.2 per cent up at 98 US dollars and 18 cents per barrel, at the time of writing this report.

October 16, 2026 5:21 PM

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Gold, Silver prices up

In the Indian bullion market today, 24 carat gold was 0.3 per cent up at 1,46,426 rupees per 10 grams. Silver surged over 1.2 per cent to 2,10,918 rupees per kilogram.

October 16, 2026 5:17 PM

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Rupee appreciates by 9 paise against US dollar

  In the forex market, the rupee appreciated by nine paise to close at 94.96 rupees against the US dollar.   The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 101.66 in intra-day trade. 

October 16, 2026 5:19 PM

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Surge in Asian and European markets

In Asian markets today, South Korea's Kospi surged over two per cent, Japan's Nikkei 225 jumped 1.4 per cent, Hong Kong's Hang Seng rose half a per cent, Taiwan's Taiex added 0.3 per cent, and China's Shanghai Composite as well as Singapore’s Strait Times gained over 0.2 per cent each.   In European...

October 16, 2026 4:17 PM

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SEBI revises timings and operational framework of  Closing Auction Session 

The Securities and Exchange Board of India (SEBI) has revised the timings and operational framework of the Closing Auction Session in the equity cash market. It has also updated the settlement methodology for stock and index derivatives contracts. Under the new framework, the Closing Auction Session...

October 16, 2026 5:12 PM

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Domestic markets end in green for second consecutive session

  Benchmark domestic equity indices closed higher for the second consecutive session today. The Sensex rose 414 points, or 0.56 per cent to end at 74,729. The Nifty climbed 149 points, or 0.65 per cent to settle at 23,146.    However, the broader market on the National Stock Exchange underperformed ...