Business

June 19, 2025 6:13 PM

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US stocks closed mixed

US stocks closed mixed on Wednesday, after Federal Reserve Chair Jerome Powell said inflation in goods prices was expected to go up over the summer as President Donald Trump's tariffs work its way to consumers. The Dow Jones Industrial Average slipped marginally by 0.1 percent, S&P 500 closed ne...

June 18, 2025 7:45 PM

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Mumbai ED conducts pan-India raids in illegal online forex trading case

  The Mumbai Zonal Office of the Enforcement Directorate (ED) conducted raids at seven different locations across the country in connection with an illegal online forex trading case. The ED on Tuesday informed that the fraud was committed allegedly through international brokers namely OctaFX trading...

June 17, 2025 7:48 PM

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SEBI approves NSE’s expiry to Tuesday, BSE to Thursday

The National Stock Exchange (NSE) today  announced that it has received approval from the capital markets regulator SEBI to change the expiry day for equity derivatives from Thursday to Tuesday. Meanwhile, the Bombay Stock Exchange (BSE) has been given the go-ahead to shift its expiry day from Tuesd...

June 16, 2025 8:53 PM

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Gold prices down marginally, silver up by 0.26%

  In the Indian Bullion Market, 24 Karat Gold was trading over a half per cent down at 99,950 rupees per 10 grams, while Silver 999 Fine was trading 0.26 per cent up at 1,07,200 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the August contract was trading 0.45...

June 16, 2025 1:40 PM

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Wholesale inflation falls to 14-month low in May

India’s wholesale price index (WPI)-based inflation eased to a 14-month low of 0.39 percent in May, down from 0.85 percent in April, according to the Ministry of Commerce and Industry. Food inflation dropped to 1.72 percent from 2.55 percent, while primary articles saw a contraction of 2.02 percent....

June 15, 2025 6:57 PM

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FPIs Infuse Rs 3,347 Crore into Indian Equities in a Week, June Still in Negative Zone

Foreign investors pumped in over 3,000 crore rupees into the Indian equity markets last week. As per the National Securities Depository’s (NSDL) data, Foreign portfolio investors or FPIs injected 3,347 crore rupees into the Indian equity markets between June 9 and 13. However, despite the week’s pos...

June 13, 2025 1:34 PM

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Crude oil prices surge over $4 after Israel strikes Iran

Crude oil prices jumped more than 4 dollars a barrel today, hitting their highest price in almost five months after Israel struck Iran, escalating tensions in West Asia and raising worries about disrupted oil supplies. Brent Crude was trading over 5.3 per cent up at 73 dollars and five cents per bar...

June 12, 2025 5:33 PM

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Retail Inflation Drops to 2.82% in May, Lowest Since Feb 2019

India's retail inflation moderated to 2.82 percent in May from 3.16 percent in April, driven by significant easing in food prices. According to data released by the Ministry of Statistics and Programme Implementation, it is the lowest year-on-year inflation after February, 2019. Meanwhile, inflation...

June 12, 2025 12:03 PM

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Sensex drops 377 points, Nifty falls below 25,050 amid broad-based selloff

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.4 per cent down in the forenoon trade today amid mixed global cues. On the sectoral front, barring Pharma, healthcare, media and telecommunication, all other sectors were trading with cuts. The 30-share BSE Sensex lost 377 ...