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The upward rally of oil futures is also being fuelled by members of the OPEC+ agreeing Sunday to increase oil production by a smaller than anticipated 137 thousand barrels per day from the present 1.65 mb/d. Representational file image. | Photo Credit: Reuters Oil prices rose approximately 2% after Israeli military carried out a “precise…
Read More “Oil prices up almost 2% amid Israeli attacks on Qatar” »
Joint Secretary in the Union Ministry of Micro, Small and Medium Enterprises (MSME) Ateesh Kumar Singh (centre) at an event organised by the PHDCCI. Photo: Special Arrangement. The government is with the micro, small and medium enterprises (MSME) of the country, an official of the MSME assured the assembled representatives of such firms on Tuesday…
Read More “‘Govt is with you, do not worry’: MSME Ministry official assures industry” »
Representative image | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty began the trade on an optimistic note on Tuesday (September 9, 2025) in tandem with a rally in global markets amid hopes of a US Fed rate cut later this month. A rebound in IT stocks also drove the markets higher during the…
Representative image | Photo Credit: Reuters The rupee appreciated 14 paise to 87.95 against the U.S. dollar in early trade on Tuesday (September 9, 2025), tracking a positive trend in domestic equities even as concerns over U.S. tariffs on India weighed on the domestic unit. Forex traders said the rupee is likely to remain under…
Read More “Rupee rises 14 paise to 87.95 against U.S. dollar in early trade” »
Gautam Solar on Monday said it will invest Rs 4,000 crore in a 5 GW solar cell manufacturing plant in Madhya Pradesh. The project will be developed on 54 acres of land in Gwalior, where the company will focus on producing advanced TOPCon solar cells with a total planned capacity of 5 GW, a company…
In August, India produced 69.87 MT of coal higher than 64.86 MT in July, even though it fell short on its monthly target of 73.77 MT. | Photo Credit: RITESH SHUKLA Coal production in India rose about 8% on a month-on-month basis notwithstanding a lacklustre season owing to operational constraints triggered by monsoons and typically…
Read More “Coal production up 8% over previous month despite monsoons” »
The U.S.-India Business Council (USIBC) said on Monday (September 8, 2025) that the two countries have too much at stake in this era of rising geostrategic competition to abandon the progress made together. The Council applauded the recent positive remarks by President Donald Trump and Prime Minister Narendra Modi which “underscores the importance of safeguarding the strong…
SEBI said that the settlement for derivative transactions on September 4, September 5 and September 8 will be done on Tuesday (September 9, 2025). File | Photo Credit: Reuters The Securities and Exchange Board of India (SEBI) announced that the settlement day for cash and securities lending and borrowing mechanism segments will be postponed due…
Read More “SEBI postpones settlement day for cash, securities owing to holiday” »
Gold prices on Monday (September 8, 2025) retreated from record levels to trade at ₹1,07,670 per 10 grams, down by ₹200, in the national capital due to fresh selling by stockists, according to the All India Sarafa Association. The precious metal of 99.5% purity also fell by ₹200 to ₹1,06,800 per 10 grams (inclusive of…
Read More “Gold rate today in Delhi markets falls ₹200, silver drops ₹1,000” »
The 30-share BSE Sensex edged higher by 76.54 points or 0.09% to settle at 80,787.30 despite profit-booking by investors in the last hour of the session. File. | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed with gains on Monday (September 8, 2025), tracking a firm trend in global markets amid hopes of…
Read More “Stock markets end higher in-line with firm global trends amid hopes of US Fed rate cut” »