Business

June 4, 2026 5:39 PM

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Gold, Silver prices up

In the Indian bullion market, 24 carat Gold was trading 0.8 per cent up at 1 lakh 59 thousand 850 rupees per 10 grams, while Silver was trading over 0.6 per cent up at 2 lakh 65 thousand 490 rupees per kilogram, a short while ago.  At the Multi Commodity Exchange, gold for June contract was trading ...

June 4, 2026 4:59 PM

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Crude Steel production up by 2.9% year-on-year

The Ministry of Steel today said that the country’s steel sector has sustained its growth trajectory in May this year recording year-on-year gains across key production and consumption indicators. According to the Ministry, the country’s Crude steel production has grown up by 2.9 percent year-on-yea...

June 4, 2026 12:35 PM

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US stock indices end winning streak amid geopolitical concerns

Major US stock indices snapped their winning streak yesterday amid profit-booking and heightened geopolitical concerns. The Dow Jones Industrial Average shed 1.2 per cent, the Nasdaq Composite index ended 0.9 per cent lower, and S&P 500 lost over 0.7 per cent.

June 3, 2026 7:47 PM

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Global Crude Oil Prices Jump Over 2%

Global crude oil prices rose today amid renewed West Asia tensions and lack of progress in negotiations between US and Iran. Brent crude was trading 2.1 per cent up at 98 US dollars and two cents per barrel in intra-day trade. West Texas Intermediate crude was also trading over 2.1 per cent up at 95...

June 3, 2026 5:40 PM

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India-US Interim Trade Deal 99 Per Cent Finalised : Sergio Gor, US Ambassador

United States Ambassador to India Sergio Gor has said that 99 per cent of the proposed India-US interim trade agreement has been finalised and both sides are working to resolve the remaining issues. Speaking at the Citi 2026 India Conference in Mumbai today, Mr Gor expressed confidence that the agre...

June 3, 2026 3:24 PM

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US Markets Close at Record Highs as Major Indices Extend Gains

Major US stock indices extended gains yesterday, and closed at record highs. The Dow Jones Industrial Average rose over 0.4 per cent, to close at 51 thousand 308. The S&P 500 gained 0.1 per cent to close at 7 thousand 610, while the Nasdaq Composite index ended marginally up to settle at 27 thou...

June 3, 2026 3:10 PM

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India-US Trade Dialogue Ongoing on Proposed Tariffs : MOCI

The Ministry of Commerce and Industry today said that India remains engaged with the U.S. on the matter as part of Section 301 proceedings. The statement came after the United States Trade Representative (USTR) concluded investigations against sixty economies, including India, regarding measures of ...

June 3, 2026 6:22 AM

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Government to replace Wholesale Price Index with Producer Price Index system

The government has decided to gradually phase out the Wholesale Price Index (WPI) and replace it with a comprehensive Producer Price Index (PPI) system. The decision was taken to modernise country's inflation and pricing data framework and align it with global best practices.    The Commerce and Ind...