Business

July 2, 2025 5:25 PM

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Domestic markets end with modest losses amid mixed global cues

  The benchmark domestic equity indices today pared early gains and ended with modest losses amid mixed global cues. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 288 points to close at 83 thousand 410. The National Stock Exchange Nifty-50 declined 88 points to settle at 25 thousa...

July 1, 2025 5:32 PM

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India achieves robust growth in production of key minerals

Production of key minerals and non-ferrous metals has witnessed robust growth in the current financial year. As per the data released by the Ministry of Mines, production of iron ore has increased from 52.7 million metric tonne in the last financial year to 53 million metric tonne in the current fin...

July 1, 2025 2:40 PM

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Remittances by Indians working abroad scale record high of $135 billion in FY25

The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record 135.46 billion dollars, according to data compiled by the RBI. Indians working abroad sent home a record 129.4 billion dollars in 2024. The RBI said the inflows, clas...

June 30, 2025 8:52 PM

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Interest Rate on small saving schemes remains unchanged for next qrt

  The interest rates on various Small Savings Schemes have been kept unchanged for the second quarter of the current financial year, starting from 1st July, 2025 and ending on 30th September, 2025. The Finance Ministry has issued a notification in this regard. Following this, the Public Provident Fu...

June 30, 2025 8:29 PM

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Gross GST collections all-time high in last fiscal year

Gross GST collections have doubled in five years to reach an all-time high of 22.8 lakh crore in the financial year 2024-25. According to the GST data, a year-on-year growth of 9.4 percent has been witnessed in the tax collection during last five years. In 2020-21, the total collection was 11.37 lak...

June 29, 2025 6:23 PM

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FPI Inflows Cross Rs 13,000 Cr in single Week

    Foreign investors pumped more than 13,107 crore rupees into Indian equity markets last week amid easing global geopolitical and trade tensions. According to data from the National Securities Depository data, net inflows by Foreign Portfolio Investors, or FPIs, have now reached 8,915 crore rupees...

June 26, 2025 8:29 PM

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US stocks pause rally as GDP shrinks 0.5% in Q1

US stocks took a breather on Wednesday, pausing a two-day rally, even as the Israel-Iran ceasefire continued to hold. The Nasdaq Composite advanced over 0.3 per cent, the Dow Jones Industrial Average declined over 0.2 per cent, and the S&P 500 ended flat.   Meanwhile, the US economy contrac...