Business

September 3, 2025 6:32 PM

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Rupee appreciates by 9 paise to close at 88.06 against US dollar

In the Forex market, the rupee today appreciated by nine paise to close at 88 rupees and six paise against the US dollar amid positive domestic equities, softening of crude oil prices and weak US dollar index. The dollar index, which indicates US dollar's strength against a basket of six other leadi...

September 3, 2025 5:15 PM

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Domestic indices rise by over half a percent despite flat opening

Benchmark domestic equity indices rose over half a per cent today. The markets had opened on a flat note and remained largely range-bound during intra-day trade. However, both the indices secured remarkable gains during last hour of trade. The Sensex gained 410 points, to close at 80 thousand and 56...

September 3, 2025 12:00 PM

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56th GST Council Meeting Underway in New Delhi; FM Nirmala Sitharaman Chairs

The 56th Meeting of the GST Council is underway in New Delhi. Union Finance Minister Nirmala Sitharaman is chairing the two-day meeting. The Council is expected to deliberate on India’s next-generation GST reforms, including rationalisation of tax rates and simplification of compliance. Finance Mini...

September 3, 2025 2:56 PM

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SEBI Caps Intraday Positions in Equity Index Derivatives to Manage Market Risk

The Securities and Exchange Board of India (SEBI) has introduced a new framework to monitor intraday positions in equity index derivatives, aiming to manage large exposures and maintain market stability. Effective from October 1, the net intraday position is capped at 5,000 crore rupees per entity i...

September 2, 2025 8:05 PM

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Iran’s Oil Exports Hit Record Despite 14 U.S. Sanction Packages

Iran’s crude oil and condensate exports have reached a new high over the past 12 months despite the imposition of 14 U.S. sanction packages totalling 465 measures, including the toughest oil-related restrictions since 2018. According to the Iranian Oil Ministry’s news service, oil exports remain a c...

September 2, 2025 6:45 PM

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Asian Stock Markets End Mixed; South Korea’s Kospi Gains Over 0.9%

Major Asian stock markets ended mixed today. South Korea’s Kospi Index rose over 0.9 per cent, Singapore’s Straits Times Index ended half a per cent up, and Japan’s Nikkei 225 added almost 0.3 per cent. On the other hand, Hong Kong’s Hang Seng index dipped nearly half per cent, and Shanghai Composit...

September 2, 2025 5:10 PM

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Sensex and Nifty End Lower; Sensex Down 207 Points, Nifty Falls 45 Points

Benchmark domestic equity indices ended with modest losses today. The markets had opened in positive territory; however, they failed to hold initial gains and later slipped into the negative zone. The Sensex decreased 207 points, to close at 80 thousand 158. Similarly, Nifty declined 45 points, to s...

September 3, 2025 11:05 AM

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Railways sign MoU with SBI for enhanced insurance benefits to its employees 

  Indian Railways and the State Bank of India have signed an MoU for enhanced insurance benefits to railway employees. The MoU was signed in the presence of Railways Minister Ashwini Vaishnaw and SBI Chairman C.S. Setty in New Delhi.  Under this MoU, insurance coverage for Railway employees maintain...

September 1, 2025 8:32 PM

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UPI transactions first time cross 20bn mark in this August 

  Unified Payments Interface, UPI has achieved a new milestone with first time ever crossing twenty billion transactions in the month of August this year. According to the National Payments Corporation of India, the total number of transactions stood at 20.01 billion, marking a 34 per cent year-on-y...

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