Business

May 8, 2026 10:24 PM

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India, Canada conclude second round of CEPA negotiations in New Delhi

India-Canada Joint Statement on the Conclusion of the Second Round of Comprehensive Economic Partnership Agreement (CEPA) Negotiations concluded in New Delhi today. The discussions were held in accordance with the Terms of Reference signed by the Trade Ministers of both countries on 2nd March this y...

May 8, 2026 9:03 PM

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Gold, silver prices rise in domestic bullion market

In the Indian bullion market, 24 Carat Gold was trading 0.3 per cent up at 153,400 rupees per 10 grams, while Silver was trading one per cent higher at 262,510 rupees per kilogram a short while ago.    At the Multi Commodity Exchange, gold for June contract was trading over 0.3 per cent up at 152,80...

May 8, 2026 6:10 PM

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India’s forex reserves fall by $7.7 billion to $690 billion: RBI

India’s foreign exchange reserves declined by 7.7 billion US dollars, standing at 690 billion US dollars for the week ending May 1. According to the Reserve Bank of India, Gold reserves fell by 5 billion US dollars to 115 billion US dollars. Foreign currency assets, the largest component of the rese...

May 8, 2026 6:06 PM

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Crude oil prices edge higher

Global crude oil prices rose marginally today. A day after renewed fighting near the Strait of Hormuz raised fresh concerns over the ceasefire between the United States and Iran. Brent crude was trading 0.6 per cent up at 100 US dollars and 68 cents per barrel, while West Texas Intermediate crude wa...

May 8, 2026 5:53 PM

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Mixed trend in Asian stock market indices, Japan’s Nikkei slips 0.2%

Most Asian stock market indices ended on a mixed note today. Hong Kong’s Hang Seng Index lost nearly 0.9 per cent, Singapore’s Straits Times Index dropped 0.4 per cent, and Japan’s Nikkei 225 dipped 0.2 per cent. However, China's Shanghai Composite index remained unchanged, and South Korea’s Kospi i...

May 8, 2026 6:05 PM

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Sensex, Nifty decline over 0.6%

Benchmark domestic equity indices declined over 0.6 per cent today as renewed hostilities between the United States and Iran strained a fragile ceasefire and rattled investor sentiment.   The Sensex slipped 516 points to close at 77 thousand and 328, and the Nifty lost 151 points to settle at 24 tho...

May 7, 2026 6:25 PM

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Global crude oil prices drop on prospects of US-Iran peace deal

Global crude oil prices extended declines today amid hopes that the United States and Iran were nearing a peace deal. Brent crude was trading 3.3% down at 97 US dollars and 88 cents per barrel, while West Texas Intermediate crude was also trading 3.7% lower at 91 US dollars and 53 cents per barrel w...

May 7, 2026 6:20 PM

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Asian markets edge up amid strong earnings and declining oil costs

Major Asian stock market indices edged higher today, tracking overnight gains on Wall Street after a drop in oil prices and strong corporate earnings boosted investor sentiment. Japan’s Nikkei 225 surged nearly 5.6% to close at a record high of 62,834 after briefly crossing the 63,000 mark during in...

May 7, 2026 6:16 PM

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Forex update: Indian rupee gains 36 paise against US dollar

In the forex market today, the rupee appreciated by 36 paise to close at 94 rupees and 24 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 97.89 in intraday trade.                                 ...