Business

June 29, 2026 5:56 PM

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Rupee settles 14 paise lower at 94.54 against US dollar

In the forex market today, the rupee depreciated by 14 paise to close at 94 rupees and 54 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at 101.24 in intra-day trade today.

June 29, 2026 4:39 PM

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Sensex falls 372 points, Nifty slips below 24,000

Benchmark domestic equity indices ended almost half a per cent down today. The Sensex fell 372 points to close at 76 thousand and 728. The Nifty also dropped 110 points to settle at 23 thousand and 946. In the broader market on the National Stock Exchange, the Midcap 100 index shed nearly 0.4 per ce...

June 28, 2026 6:30 PM

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FPIs Pull Out ₹53,022 Crore from Indian Equities in June

Foreign Portfolio Investors (FPIs) have offloaded Indian equities worth 53,022 crore rupees so far in June. However, selling pressure has moderated noticeably in the second half of this month, led by selective buying by FPIs. They have remained net buyers during all four sessions last week. Rupee st...

June 26, 2026 7:18 PM

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Goldman Sachs raises India’s 2026 GDP growth forecast to 6.8%

Global investment bank Goldman Sachs has raised India’s real GDP growth forecast to 6.8 per cent for the calendar year 2026, from its earlier estimate of 6.5 per cent, citing easing oil prices and improving domestic economic conditions.    In its latest report titled India: Improved Macro Outlook Af...

June 26, 2026 7:48 AM

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IMF says India remains a key driver of global economic growth

The International Monetary Fund (IMF) has said that India continues to be a major driver of global economic growth despite the economic impact of the Iran conflict and higher energy prices. Addressing a regular IMF press briefing, Director of the IMF's Communications Department, Julie Kozack, said I...

June 24, 2026 7:36 PM

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Most Asian stock market indices end on a positive note

Most Asian stock market indices ended on a positive note today. South Korea’s kospi surged 3.3 per cent, Hong Kong’s Hang Seng Index gained 0.3 per cent, Singapore’s Strait Times Index ended 0.2 per cent up, and China's Shanghai Composite added 0.1 per cent. In contrast, Taiwan's Taiex shed 2.2 per ...

June 24, 2026 6:49 PM

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Global crude oil prices reach their lowest levels in nearly four months

Global crude oil prices slumped today, reaching their lowest levels in nearly four months. Brent crude was trading almost three per cent down at 74 US dollars and 80 cents per barrel. West Texas Intermediate crude was also trading more than 2.8 per cent down at 71 US dollars and 12 cents per barrel,...

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