Business

July 11, 2025 12:33 PM

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₹2,000 notes not in circulation but still legal tender: RBI Governor

Reserve Bank of India Governor Sanjay Malhotra clarified that while ₹2,000 currency notes are no longer in circulation, they remain legal tender. He made the statement while briefing the Parliamentary Standing Committee on Finance about the Indian economy’s growth.   Several Members of Parliame...

July 10, 2025 6:36 PM

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Gold & Silver prices down

           In the Indian Bullion Market, 24 Karat Gold was trading over 0.3 per cent down at 97,110 rupees per 10 grams, and Silver 999 Fine was also trading over 0.9 per cent down at 1,08,390 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the August contract was tr...

July 10, 2025 6:57 PM

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Major Asian markets show positive cues, European indices trading high

        Major Asian markets exhibited positive cues today, with the exception of Japan’s Nikkei. South Korea's Kospi index rose 1.55 percent, Hong Kong's Hang Seng added 0.57 percent, China’s Shanghai Composite gained 0.47 percent, and Singapore's Straits Times Index advanced 0.44 percent. However, ...

July 10, 2025 6:51 PM

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Rupee appreciates by 4 paise to close at 85.69 against US dollar

In the Forex market, the rupee today settled higher by 4 paise at 85.69 against the US dollar, supported by US-India trade deal optimism, even as domestic equity markets were closed in the negative territory. The dollar index, which indicates US dollar's strength against a basket of six other leadin...

July 10, 2025 7:30 PM

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US stocks rise with expectations of trade negotiations with trading partners

US markets rose yesterday as sentiments eased at the Wall Street with expectations of trade negotiations with a number of trading partners.         The Dow Jones Industrial Average swung to gains, rising 0.7 per cent to 44,525.63, whereas the tech-heavy Nasdaq Composite gained 1 per cent to 2,621.53...

July 10, 2025 5:05 PM

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Domestic markets declined for second consecutive session

Domestic benchmark indices extended their losing streak for a second consecutive session today, pressured by increased volatility ahead of the weekly derivatives expiry. The market's subdued tone also reflected the absence of fresh triggers, as investors looked ahead to the June-quarter earnings sea...

July 8, 2025 7:13 PM

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Oil prices retreat after climbiling almost 2%

Crude oil prices retreated today, after climbing almost 2 per cent in the previous session. Brent Crude was trading nearly flat at 69 dollars and 57 cents per barrel, and WTI Crude was trading over 0.2 per cent down at 67 dollars and 79 cents per barrel, when reports last came in.

July 8, 2025 6:08 PM

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No directions to Banks to close inactive PM Jan Dhan accounts-FM

The Finance Ministry today clarified that no direction has been given to banks to close inactive Pradhan Mantri Jan Dhan accounts.  It came in the wake of media reports stating that the Department of Financial Services has asked banks to close such accounts. In a statement, the Ministry said it cons...