Business

June 26, 2025 7:30 PM

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Crude oil prices rise as US inventories drop by 5.8 million barrels

Crude oil prices edged higher today amid a decline in the US crude stocks, signalling strong demand. Brent Crude was trading over 0.4 per cent up at 67 dollars and 96 cents per barrel, while WTI Crude was also trading over 0.4 per cent up at 65 dollars and 20 cents per barrel, when reports last came...

June 26, 2025 1:01 PM

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Sensex Rises 320 Points, Nifty Up 83 Amid Mixed Global Cues In Forenoon Trade

The benchmark domestic equity indices, Sensex and Nifty, were trading around 0.4 per cent up in the forenoon trade today, amid mixed global cues. On sectoral front, Oil and Gas, energy and financial services were leading the gains while declines were seen in realty, media, and PSU bank. The 30-share...

June 26, 2025 8:59 AM

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India’s FDI Inflows Jump to 8.8 billion dollars in April

Gross foreign direct investment (FDI) inflows into India surged to 8.8 billion dollars in April this year, higher than 5.9 billion dollars in March and 7.2 billion dollars in April 2024. According to the RBI's monthly bulletin, manufacturing and business services accounted for nearly half of the gro...

June 25, 2025 9:37 PM

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RBI says Indian economy remains resilient despite geopolitical uncertainties

        The Reserve Bank of India has stated that the Indian economy remains resilient despite global economic, trade, and geopolitical uncertainties. In an article "State of the economy" in the June bulletin issued today, the RBI has said that the global economy is in a state of flux, reeling from ...

June 25, 2025 9:26 PM

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Rupee depreciates by 12 paise against US dollar

In the Forex market, the rupee today depreciated by 12 paise to close at 86 rupees and nine paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 98.10 in intra-day trade.

June 25, 2025 4:50 PM

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Sensex, Nifty end with gains

The benchmark domestic equity indices today ended with gains of more than 0.8 percent, buoyed by positive global cues and broad-based buying across most sectors. The 30-share index at the Bombay Stock Exchange, Sensex, surged 700 points to close at 82,756. The National Stock Exchange Nifty-50, rose ...

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...