Business

August 7, 2025 5:37 PM

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Domestic markets close with marginal gains

Benchmark domestic equity indices today ended marginally up led by IT sector. After a weak start, both the indices extended their losses during the afternoon trade weighed down by US President Donald Trump's tariff moves, however the indices staged a stellar recovery during last half an hour of trad...

August 6, 2025 4:31 PM

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Domestic markets end with modest losses for second straight session

  Benchmark domestic equity indices today ended with modest losses for second straight session. The market sentiment remained cautious as investor assessed the Reserve Bank of India’s monetary policy decision and continued concerns over US trade policies. Sensex dropped 166 points, or 0.21 per cent ...

August 6, 2025 2:48 PM

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RBI keeps repo rate unchanged at 5.5 percent

The Monetary Policy Committee (MPC) of the Reserve Bank of India today kept the repo rate unchanged at 5.5%, maintaining a neutral stance. Consequently, the standing deposit facility (SDF) rate will be at 5.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 5.75 per cent. ...

August 5, 2025 12:35 PM

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UPI Sets New Record with 707 Million Daily Transactions

The daily unified payments interface (UPI)-based transactions have crossed 700 million for the first time, touching 707 million. In a latest report released by the National Payments Corporation of India (NPCI), it showed that the feat was achieved on the 2nd of this month. Over the past two years, t...

August 4, 2025 7:54 AM

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India’s smartphone exports hit record high in 1st quarter of FY 2025-26

India’s smartphone exports hit a record high in the first quarter of the financial year 2025-26, with shipments reaching 7.72 billion dollars, a 58 per cent increase from 4.9 billion dollars in the same period last year. According to reports, Apple Inc. led the surge, exporting 6 billion dollars wor...

August 1, 2025 9:51 PM

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India’s Forex reserves surge to more than 2.7 bn dollars in July

India's foreign exchange reserves rose more than 2.7 billion dollars, reaching over 698.19 billion dollars in the week ending on 25th of July. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, foreign currency assets, a major component of the...

August 1, 2025 6:37 PM

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US stocks end with cuts

US stocks failed to hold onto an earlier rally and ended with cuts on Thursday. The Dow Jones Industrial Average dropped around over 0.7 per cent, S&P 500 ended more than 0.3 per cent down, while Nasdaq Composite Index ended flat.

August 1, 2025 6:13 PM

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Asian, European indices down amid US’s modified reciprocal tariffs

  Major Asian stock indices ended down today following US President Donald Trump's modified reciprocal tariffs on several countries. South Korea's Kospi index plunged over 3.8 per cent weighed down by government's tax reform plans and lingering trade uncertainties, Hong Kong's Hang Seng index lost o...

August 1, 2025 6:31 PM

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Gold prices flat, Silver down

In the Indian Bullion Market, 24 Karat Gold was trading nearly flat at 98,780 rupees per 10 grams, while Silver was also trading over half per cent down at 1,09,690 rupees per kilogram a short while ago.         At the Multi Commodity Exchange, gold for the August contract was trading over 0.3 per c...

August 1, 2025 6:28 PM

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Oil prices down

 Crude oil prices edged down today. Brent Crude was trading 0.8 per cent down at 71 dollars and 13 cents per barrel, and WTI Crude was also trading 0.8 per cent down at 68 dollars and 71 cents per barrel, when reports last came in.

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