Business

March 14, 2025 6:54 PM

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India’s Forex Reserves Surge by $15.26 Billion, Cross $653.96 Billion Mark

India's foreign exchange reserves surged by 15.26 billion dollars, reaching over 653.96 billion dollars in the week ending March 7, bolstered by the Reserve Bank of India’s (RBI) currency swap operations last month. According to the Weekly Statistical Supplement released by the RBI, Foreign currency...

March 13, 2025 6:13 PM

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1.31 lakh metric tonnes of Tur procured, benefiting 89,219 farmers

Tur procurement has picked up in major Tur-producing states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, and Telangana. According to the Ministry of Agriculture & Farmers Welfare, a total of 1.31 lakh metric tonnes of Tur (Arhar) has been procured, benefiting 89,219 farmers in these state...

March 13, 2025 4:20 PM

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Sensex Falls 201 Points, Nifty Drops 73 Points Amid Volatility

The benchmark domestic equity indices on Thursday failed to hold initial gains and ended with modest losses. The 30-share index at the Bombay Stock Exchange, Sensex, fell 201 points, or 0.27 percent, to close at 73,829. The National Stock Exchange Nifty-50 also lost 73 points, or 0.33 percent, to se...

March 13, 2025 1:45 PM

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BSE, NSE to remain closed on March 14 for Holi

The Bombay Stock Exchange and the National Stock Exchange will be closed for trading tomorrow in observance of the Holi festival. Trading in the equity, equity derivatives, securities lending and borrowing, and currency derivatives segments will also remain suspended tomorrow. Meanwhile, the commodi...

March 12, 2025 8:14 PM

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Oil prices show upward trend despite fear of recession

Despite recession fears and tariff concerns, oil prices continued to show an upward trend, in International markets. Brent Crude was trading over one percent up at 70 dollars and 20 cents per barrel. WTI Crude was also trading over 1.1 percent up at 66 dollars and 99 cents per barrel when reports la...

March 12, 2025 8:12 PM

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US stock markets remained under pressure

    After the steep fall on Monday, US stock markets stayed under pressure on Tuesday. The day started off on a negative note, as investors reacted to President Trump's fresh threats of doubling tariff to 50 percent on imports of steel and aluminium from Canada in response to Ontario's 25 percent ta...

March 12, 2025 8:09 PM

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Rupee strengthens, settles at 87.19 Rs against US dollar

In the Forex market, the rupee today strengthened by two paise to settle at 87 rupees and 19 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies was at 103.62 in intra-day trade .

March 12, 2025 8:06 PM

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Industrial Production rises by 5 % in January 2025

  India’s industrial production growth, measured by the Index of Industrial Production (IIP) rose to 5  percent in January as compared to 3.2 percent in December, according to the data released by the Ministry of Statistics and Programme Implementation. Among the three major components of IIP, manuf...

March 12, 2025 7:45 PM

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Asian markets remain stable despite fall across Wall Street

Asian markets were relatively stable and ended mixed despite the overnight fall across Wall Street. Among the falling markets, China's Shanghai Composite index fell 0.23 percent and Hong Kong's Hang Seng lost 0.76 percent. However, Japan's Nikkei index rose 0.07 percent, the Straits Times Index of S...

March 12, 2025 6:26 PM

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India’s retail inflation drops to 7 month low in Feb 2025

India's retail inflation eased to a seven-month low of 3.61 percent in February from 4.31 percent in January, as the rate of increase in food prices slowed to 3.75 percent as compared to 6.02 percent in the previous month. According to data released by the Ministry of Statistics and Programme Implem...

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