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Month: July 2025

Rupee falls 2 paise to 86.40 against U.S. dollar in early trade

Posted on July 23, 2025 By admin
Rupee falls 2 paise to 86.40 against U.S. dollar in early trade

Image for representation only | Photo Credit: Reuters The rupee depreciated 2 paise to 86.40 against the U.S. dollar in early trade on Wednesday (July 23, 2025), amid outflow of foreign funds and higher crude oil prices. According to forex traders, positive sentiment in domestic equity markets capped a sharp fall in the rupee even…

Read More “Rupee falls 2 paise to 86.40 against U.S. dollar in early trade” »

Business

Markets trade higher in early deals tracking rally in Asian peers

Posted on July 23, 2025 By admin
Markets trade higher in early deals tracking rally in Asian peers

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark indices Sensex and Nifty rallied in early trade on Wednesday tracking a positive trend in Asian markets. Japan securing a trade deal with the U.S. propelled a rally in Asian markets, which in turn added to optimistic…

Read More “Markets trade higher in early deals tracking rally in Asian peers” »

Business

Trump’s Golden Dome looks for alternatives to Elon Musk’s SpaceX

Posted on July 23, 2025 By admin
Trump’s Golden Dome looks for alternatives to Elon Musk’s SpaceX

The U.S. Trump administration is expanding its search for partners to build the Golden Dome missile defense system, courting Amazon.com’s Project Kuiper and big defence contractors as tensions with Elon Musk threaten SpaceX’s dominance in the program, according to three sources familiar with the matter. The shift marks a strategic pivot away from reliance on…

Read More “Trump’s Golden Dome looks for alternatives to Elon Musk’s SpaceX” »

Science

Where is the centre of the universe?

Posted on July 23, 2025 By admin
Where is the centre of the universe?

The Hubble Ultra Deep Field is an image of a small region of space in the constellation Fornax, composited from Hubble Space Telescope data collected from September 3, 2003, to January 16, 2004. | Photo Credit: NASA, ESA A:The universe has no top, bottom or middle and no centre either. Scientists know today that the…

Read More “Where is the centre of the universe?” »

Science

A beetle-fungi combo threatens plantations in rubber capital Kerala

Posted on July 23, 2025 By admin
A beetle-fungi combo threatens plantations in rubber capital Kerala

Rubber plantations in Kerala have been under threat since a beetle-fungus alliance has been attacking trees, causing severe leaf fall and rapid drying. Researchers at the Kerala Forest Research Institute in Thrissur recently identified the parasite to be the ambrosia beetle (Euplatypus parallelus). In their new study, published in Current Science, the beetle has been…

Read More “A beetle-fungi combo threatens plantations in rubber capital Kerala” »

Science

Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance

Posted on July 22, 2025 By admin
Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance

Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…

Read More “Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance” »

Business

Stock markets close flat; Eternal jumps nearly 11%

Posted on July 22, 2025 By admin
Stock markets close flat; Eternal jumps nearly 11%

Foreign Institutional Investors offloaded equities worth ₹1,681.23 crore on July 21, 2025, while Domestic Institutional Investors bought stocks worth ₹3,578.43 crore, according to exchange data.  File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday (July 22, 2025) as gains in quick commerce and private…

Read More “Stock markets close flat; Eternal jumps nearly 11%” »

Business

Farmer groups to step up campaign against FTA with U.S.

Posted on July 21, 2025 By admin
Farmer groups to step up campaign against FTA with U.S.

Rakesh Tikait, farmer rights activist and leader of Samyukta Kisan Morcha (SKM). | Photo Credit: Murali Kumar K. A general body meeting of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union government against going ahead with the proposed trade agreement with the United States. The…

Read More “Farmer groups to step up campaign against FTA with U.S.” »

Business

Index of eight core industries grows at three-month high of 1.7% in June

Posted on July 21, 2025 By admin
Index of eight core industries grows at three-month high of 1.7% in June

The coal sector saw the largest contraction while the steel and cement sectors saw the strongest growth. | Photo Credit: Getty Images/iStockphoto The Index of Eight Core Industries grew at 1.7% in June 2025, as compared to 5% in June last year. The growth in June this year, while a three-month high, is significantly below…

Read More “Index of eight core industries grows at three-month high of 1.7% in June” »

Business

Rupee falls 14 paise to close at 86.30 against U.S. dollar

Posted on July 21, 2025 By admin
Rupee falls 14 paise to close at 86.30 against U.S. dollar

Foreign institutional investors purchased equities worth ₹374.74 crore on a net basis on July 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 14 paise to close at 86.30 (provisional) against the U.S. dollar on Monday (July 21, 2025) due to consistent dollar demand from oil importers. Forex traders said…

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