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Vessels at the Strait of Hormuz, as seen from Musandam, Oman on June 18, 2026. | Photo Credit: REUTERS Oil prices fell on Friday (June 19, 2026) as prospects brightened for more supply after oil tankers began moving through the reopening Strait of Hormuz following a peace deal between the United States and Iran. By…
Read More “Oil falls as supply moves through Strait of Hormuz after Iran war pact” »
The government has, in recent months, implemented several long-overdue but welcome upgrades to India’s statistical databases. Wide-ranging, they cover the way the country measures Gross Domestic Product (GDP), industrial production, and price changes at the retail, wholesale, and producer levels. These updates have not only made India’s key economic statistics more representative of reality, but…
Read More “Essential upgrades: On upgrades to India’s statistical databases” »
The government said that crude prices had [earlier] touched $120 per barrel and is now coming down. File picture | Photo Credit: The Hindu The government is aware of the decline in crude oil prices, and an appropriate decision on the corresponding change in fuel prices would be taken in line with the evolving global…
The broad strength of the American currency in the overseas market, on the U.S. Federal Reserve’s hawkish stance, capped the upside for the USD/INR pair. File | Photo Credit: PTI The rupee pared its initial losses and settled for the day 14 paise higher at 94.36 (provisional) against the U.S. dollar, as the U.S. and…
Read More “Rupee rises 14 paise to close at 94.36 against USD” »
Representative image | Photo Credit: Getty Images/iStockphotos The agreement on social security that India and the U.K. have signed and that will come into force on July 15 will save Indian companies and workers there about $500 million worth of social security payments that they otherwise would have had to pay in the U.K., according…
From the 30-Sensex firms, InterGlobe Aviation, Trent, Bharat Electronics, NTPC, State Bank of India, and HDFC Bank were among the biggest winners. File | Photo Credit: ANI Benchmark equity indices Sensex and Nifty ended in positive territory on Thursday (June 18, 2026), rallying for the fifth straight session, supported by encouraging developments on the geopolitical…
Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran. File | Photo Credit: West Asia News Agency/ Reuters The text of the Iran-U.S. MOU, as read out by U.S. officials and reported in the media, contains two key provisions regarding shipping. While promising to relieve sanctions on Iranian oil sales, the…
Read More “Iran-U.S. MOU opens doors for Iran to stake claims in Strait of Hormuz” »
From the 30-Sensex firms, Infosys, Tech Mahindra, HCL Tech, Tata Consultancy Services, Reliance Industries and Kotak Mahindra Bank were among the biggest laggards. File photo for representational purposes only. | Photo Credit: Reuters Benchmark indices Sensex and Nifty drifted lower in early deals on Thursday (June 18, 2026), but later bounced back to trade higher…
Read More “Stock markets recover early lost ground; trade higher” »
At the interbank foreign exchange market the rupee opened at 94.66, then touched 94.71, registering a fall of 21 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 21 paise to 94.71 against the U.S. dollar in early trade on Thursday (June 18, 2026) on U.S. Federal Reserve’s hawkish stance and the…
Read More “Rupee falls 21 paise to 94.71 against U.S. dollar in early trade” »
The National Stock Exchange (NSE) on Wednesday (June 17, 2026) filed preliminary papers with markets regulator Sebi for its much-awaited IPO, estimated at around ₹30,000 crore, a share sale that is poised to become the largest public issue in Indian stock market history. The filing marks a major milestone for NSE, whose listing plans had…
Read More “NSE Files for ₹30,000-crore IPO; set to become India’s biggest-ever public issue” »