Business

June 24, 2025 7:24 PM

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Gold prices down by over 2.3 %

In the Indian Bullion Market, 24 Karat Gold was trading over 2.3 per cent down at 97,240 rupees per 10 grams, while Silver 999 Fine was trading over 1.7 per cent down at 1,05,430 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the August contract was trading 2.4 per ...

June 24, 2025 7:19 PM

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US market sheds effects of West Asia conflicts & ends higher

US stocks closed higher on Monday, as markets shrugged off the effects of the escalating West Asia conflict. The S&P 500 and Nasdaq Composite rose over 0.9 per cent each, and Dow Jones Industrial Average climbed almost 0.9 per cent. Earlier, Federal Reserve Vice Chair for Supervision Michelle Bo...

June 24, 2025 7:14 PM

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Asian , European markets surge after US announces ceasefire in West Asia

Major Asian markets surged today as risk sentiment improved after US President Donald Trump announced a ceasefire between Israel and Iran. South Korea's Kospi index zoomed almost three per cent, Hong Kong's Hang Seng index climbed over two per cent, China's Shanghai Composite index as well as Japan’...

June 24, 2025 7:09 PM

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Crude oil prices still down amid risk of supply disruption in West Asia

Crude oil prices extended losses to hit a two-week low today amid lower risk of supply disruptions in West Asia, though US President Donald Trump accused both Israel and Iran of violating a ceasefire which he had proposal. Brent Crude was trading around four percent down at 68 dollars and 67 cents p...

June 23, 2025 8:03 AM

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US & Asia stock markets plunge amid geopolitical tensions

Stock markets in the US and Asia plunged in early trade today amid geopolitical tensions. The S&P 500 futures traded below the flat line, while the Nasdaq futures were also down by nearly 100 points.     Japan’s benchmark Nikkei 225 fell 0.58 per cent, while in South Korea, the Kospi index lost ...

June 21, 2025 2:10 PM

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Gross direct tax collections rise by 4.86% in the current financial year, so far

The country's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about 5.45 lakh crore rupees as of June 19 compared to about 5.19 lakh crore rupees in the same period last year. However, net direct tax collections saw a marginal decline of 1.39 per cent, dropping t...

June 20, 2025 9:03 PM

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FM Sitharaman asks CBIC officials to make GST registration easier

      Finance Minister Nirmala Sitharaman chaired a conclave in New Delhi today with top officials of the Central Board of Indirect Taxes and Customs. She asked them to make GST registration easier, solve public complaints faster, and speed up investigations in Customs and GST cases. She also stress...

June 20, 2025 6:44 PM

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Core sectors record expansion during May 2025

India’s infrastructure output, which constitutes about two-fifths of the country’s industrial production, increased by 0.7 per cent in May this year compared to the same period a year ago. Four of India’s core sectors, including Cement, Steel, Coal and Refinery Product,s recorded expansion during th...