Category: Business

Business

Net FDI in May 2025 down 98% to $35 mn on lower gross inflows & higher repatriation

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Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Net foreign direct investment (FDI) inflows stood at $35 million in May 2025, 98% lower than the $2.2 billion seen in May 2024 and 99% lower than the $3.9 billion in April 2025, according to new data released by the Reserve Bank of India on…

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Business

Sensex jumps nearly 540 points on buying in bluechip banks, oil shares

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Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday (July 23, 2025) on heavy buying in banking giants and oil shares and a positive trend in Asian markets after Japan secured a trade deal with the U.S. The 30-share BSE Sensex jumped 539.83 points or 0.66% to settle…

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Trump tariffs: US–Japan deal finalized; Indonesia holds lessons and warnings for India

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File picture of U.S. President Donald Trump | Photo Credit: Reuters The announcements by U.S. President Donald Trump and the White House regarding trade deals with Japan and details of the deal with Indonesia on Tuesday (July 22, 2025) will have significant implications and lessons for a potential trade deal with India, according to officials…

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

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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…

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Markets trade higher in early deals tracking rally in Asian peers

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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…

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

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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…

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Business

Stock markets close flat; Eternal jumps nearly 11%

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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…

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

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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…

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

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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…

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

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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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