Business

June 2, 2026 8:08 PM

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Oil prices down

         Global crude oil prices fell today, paring the previous session's ​sharp gains. Brent crude was trading 1.1 per cent down at 93 US dollars and 95 cents per barrel in intra-day trade. West Texas Intermediate crude was also trading one per cent down at 91 US dollars and 22 cents per barrel wh...

June 2, 2026 7:28 PM

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Rupee depreciates by 27 paise to close at 95.26 against US dollar

In the forex market today, the rupee depreciated by 27 paise to close at 95 rupees and 26 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 99.11 in intra-day trade.  

June 2, 2026 5:29 PM

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Domestic markets end in gains

  Benchmark domestic equity indices rebounded today and closed around half a per cent higher. The BSE Sensex rose 383 points to close at 74 thousand 650. The NSE Nifty gained 101 points to settle at 23 thousand and 484. The broader market at the National Stock Exchange also ended in positive zone. T...

May 30, 2026 6:37 AM

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DFS Secretary reviews performance of Public Sector Banks in New Delhi

Secretary, Department of Financial Services, M. Nagaraju, chaired a review meeting in New Delhi yesterday to assess the performance and progress of Public Sector Banks across key operational, financial and strategic priorities during the financial year 2025-26. The Finance Ministry said that the per...

May 30, 2026 6:31 AM

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Government launches portal for search of unclaimed financial assets

The Department of Financial Services has launched the Common Landing Portal for Unclaimed Financial Assets to facilitate easier access to information on unclaimed financial assets. The portal has been developed in collaboration with the Public Sector Bank Alliance (PSBA), a centralised umbrella orga...

May 29, 2026 7:43 PM

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Oil prices down by 1.5%

 Global crude oil prices dropped by around one and a half per cent today. Brent crude was trading 1.7 per cent lower at 92 US dollars and 14 cents per barrel in intra-day trade. West Texas Intermediate crude was also trading 1.4 per cent lower at 87 US dollars and 64 cents per barrel when reports la...

May 29, 2026 5:52 PM

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Air travel declines globally by 3,4% amid West Asia conflict

  Global air passenger demand fell 3.4 per cent year-on-year in April 2026, marking a sharp slowdown, according to the International Air Transport Association (IATA). The decline was largely attributed to the impact of the ongoing war in the Middle East. Total demand, measured in revenue passenger k...

May 29, 2026 4:12 PM

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RBI balance sheet swells due to surge in domestic & foreign investments 

  The Reserve Bank's balance sheet swelled to 91.97 lakh crore rupee at the end of March 2026, up 20.6 per cent year-on-year, due to a rise in domestic investments as well as gold and foreign investments, according to the central bank's annual report released today. The balance sheet size increased ...