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This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial losses and settled for the day with gains of 26 paise at 95.17 (provisional) against the U.S. dollar on Monday (August 31, 2026), on possible RBI intervention, as rising crude oil prices and geopolitical strain weighed on the…
Read More “Rupee rises 26 paise to close at 95.17 against U.S. dollar” »
IT Secretary S. Krishnan. File | Photo Credit: Sushil Kumar Verma The government on Monday (August 31, 2026) notified the Semicon 2.0 scheme, setting in motion the ₹1,27,500-crore plan that seeks to deepen India’s semiconductor ambitions — from chip manufacturing to a full-stack ecosystem encompassing indigenous design and IP, equipment, materials, advanced packaging, R&D and…
The 30-share BSE Sensex declined 226.60 points to 77,028.56 during initial trade. The 50-share NSE Nifty dropped 120.40 points to 24,053.55. File. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early trade on Monday (August 31, 2026) as renewed tensions in West Asia triggered a rebound in crude oil prices. Weak…
File picture of John Ternus, Senior Vice President, Apple Hardware Engineering | Photo Credit: Reuters Apple on Monday (April 20, 2026) named insider John Ternus as its next CEO, tasking the long-time hardware chief to steer the company after Tim Cook as the iPhone maker gears up for an industry change spurred by artificial intelligence….
Read More “Tim Cook to step down as Apple CEO as hardware chief John Ternus takes over” »
Image used for representative purpose only. | Photo Credit: Reuters The rupee fell 13 paise to trade at 95.56 per U.S. dollar on Monday (August 31, 2026) morning pressured by rising crude oil prices and geopolitical strain. Forex traders said market participants have raised the probability of a September Fed rate hike, pushing U.S. Treasury…
Read More “Rupee falls 13 paise to 95.56 against U.S. dollar in early trade” »
Union Minister for Finance Nirmala Sitharaman during a meeting with 3M Chairman and CEO William Brown on the sidelines of the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting, in Asheville. | Photo Credit: X/@FinMinIndia via PTI Finance Minister Nirmala Sitharaman arrived in the U.S. city of Asheville in North Carolina for the G-20…
Read More “Nirmala Sitharaman in U.S. Asheville city for G-20 finance ministerial meet” »
Foreign portfolio investors (FPIs) infused ₹30,919 crore in Indian equities in August, extending their buying streak to a second straight month, amid improvingc, resilient economic activity, stable rupee and easing geopolitical concerns. The inflow follows ₹20,200 crore invested in July, marking a sharp turnaround after four consecutive months of heavy selling. FPIs had withdrawn ₹49,340…
Read More “FPIs turn buyers for second month, invest ₹30,919 crore in August” »
Representational file image. | Photo Credit: ANI Imagine you decide to invest in equity via an index fund. But which market are you actually buying? The 50 biggest firms? The next 50 waiting in the wings? Or, a much broader basket of 500 firms? All three are called Nifty indices, but they can give your…
Long-term data shows gold behaves differently from equity and fixed income in most situations. File. | Photo Credit: Reuters Most investors think of portfolio in terms of equity and fixed income. Gold is an afterthought. That approach misses the point. Gold deserves a deliberate, planned allocation of about 10% of every portfolio and here is…
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Union Commerce Secretary Rajesh Agrawal, during a meeting with Paula Estévez Weinstein, Vice-Minister of International Economic Relations of Chile, on August 27, 2026. | Photo Credit: X/@DoC_GoI India is committed to conclude negotiations for a comprehensive trade agreement with Chile this year as it would help further strengthen economic ties between the two countries, the…
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