Category: Business

Business

Urban Company shares make strong market debut; jump over 57% over issue price

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 The company plans to use funds raised through the fresh issuance for new technology development and cloud infrastructure, lease payments for its offices, marketing activities, and general corporate purposes. File. | Photo Credit: Reuters Shares of app-based beauty and home services platform Urban Company Ltd on Wednesday (September 17, 2025) listed with a premium of…

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Rupee rises 28 paise to 87.81 against U.S. dollar in early trade

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The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading at 96.73, higher by 0.11%. File | Photo Credit: Reuters The rupee appreciated 28 paise to 87.81 against the U.S. dollar in early trade on Wednesday (September 17, 2025), tracking the broad decline in the greenback amid hopes of a…

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Stock markets rally in early trade amid U.S. trade talk optimism

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The 30-share BSE Sensex rallied 262.74 points to 82,643.43 in early trade. File. | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rallied in initial trade on Wednesday (September 17, 2025) following positive day-long discussions with the visiting U.S. team on a bilateral trade deal with both sides agreeing to push for an early…

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Business

Finance Ministry’s financial inclusion push sees 61 lakh new bank accounts, 2.6 crore insurance enrolments so far

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People waiting in a queue to get relief amount under Pradhan Mantri Jan-Dhan Yojana, at a bank in Vijayawada. | Photo Credit: K.V.S. Giri In the last 2.5 months, the Ministry of Finance has opened more than 61 lakh new bank accounts, and has created more than 2.6 crore fresh enrolments in its three flagship…

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India, U.S. agree to ‘intensify efforts’ towards early conclusion of a trade deal, says govt

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A team of officials from the office of the United States Trade Representative, led by the Chief Negotiator for the India-U.S. Bilateral Trade Agreement negotiations Brendan Lynch visited India on September 16, 2025.  File Photo: X/@USIBC Discussions between the negotiating teams of the U.S. and India on Tuesday (September 16, 2025) in New Delhi were “positive…

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India resilient to navigate global turbulences, more crude coming from Western Hemisphere: Petroleum Minister Hardeep Puri

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Union Minister of Petroleum and Natural Gas Hardeep Singh Puri. | Photo Credit: ANI India has developed resilience to navigate global turbulences, Petroleum Minister Hardeep Singh Puri said on Tuesday (September 16, 2025), adding that this has been bolstered by “more and more” crude oil coming into the global market from the Western Hemisphere, and more…

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Business

Rupee rises 8 paise to close at 88.08 against U.S. dollar

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Image for representational purposes only. | Photo Credit: Reuters The rupee appreciated 8 paise to close at 88.08 (provisional) against the U.S. dollar on Tuesday (September 16, 2025), tracking U.S.-India talks on the proposed trade agreement to iron out issues in the wake of steep Trump Tariffs. Forex traders said the rupee strengthened on positive…

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Stock markets rebound as U.S., India begin trade talks; Sensex jumps 595 points

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A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. | Photo Credit: PTI Stock markets rebounded on Tuesday (September 16, 2025), with the benchmark Sensex climbing nearly 595 points, amid hopes of a positive outcome from the India-U.S. trade talks. The 30-share BSE Sensex jumped 594.95 points or 0.73% to settle at…

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Gold climbs ₹119 to trade near record high ahead of U.S. Fed policy decision

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Representational image of gold jewellery | Photo Credit: Reuters Gold prices climbed ₹119 to trade near a record high of ₹1,10,298 per 10 grams in the domestic futures market on Tuesday (September 16, 2025), tracking strong global cues as investors positioned ahead of an expected US Federal Reserve rate cut this week. On the Multi…

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Business

Rupee rises 12 paise to 88.04 against U.S. dollar in early trade

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At the interbank foreign exchange market, the rupee opened at 88.05 against the U.S. dollar, then touched 88.04, registering a gain of 12 paise from its previous close. File | Photo Credit: Reuters The rupee appreciated 12 paise to 88.04 against the U.S. dollar in early trade on Tuesday (September 16, 2025) as investors are awaiting…

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