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U.S. markets ended lower on October 7. Global oil benchmark Brent crude climbed 0.78% to $65.96 a barrel. File | Photo Credit: Reuters Benchmark indices Sensex and Nifty climbed in early trade on Wednesday (October 8, 2025), taking their winning momentum to the fifth day running, driven by buying in IT stocks and fresh foreign…
On October 7, the rupee fell 3 paise to close at 88.77 against the U.S. dollar. File | Photo Credit: Reuters Rupee witnessed range-bound trading in morning deals on Wednesday (October 8, 2025) and rose two paise to 88.75 against the U.S. dollar, tracking a positive trend in domestic equities and likely IPO-related inflows. Forex…
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A central challenge for policy makers in India, at the present juncture, is to work out a balance between the long-term benefits of global trade and the short-term harms that current uncertainties pose to large sections of the population who are at risk of low wages and unemployment. Tackling this requires a change of the…
Read More “Why Indian capital needs to invest domestically” »
Stablecoins are a category of crypto assets that aim to maintain a stable value relative to a specified asset, or basket of assets, providing perceived stability. Various definitions of stablecoins exist, with different countries; standard-setting bodies such as the Financial Stability Board, Bank for International Settlements and International Monetary Fund; and many central banks contributing…
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According to ONGC, it had already paid ₹42 lakh for the quantity it had produced itself and sought exemption of the approx. ₹18 lakh, for the quantity produced by the contractor, as per relevant provisions back then. File. | Photo Credit: Reuters State-owned explorer Oil and Natural Gas Company (ONGC) informed Tuesday that the Vijayawada…
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Rupee traded in a tight range as investors preferred to remain on the sidelines amid uncertainties over global trade, forex traders said. | Photo Credit: Reuters The rupee fell 4 paise to close at 88.78 (provisional) against the US dollar on Tuesday (October 7, 2025), weighed down by a strong American currency overseas and unabated…
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Among Sensex firms, Bharti Airtel, HCL Tech, UltraTech Cement, Power Grid, HDFC Bank, Bajaj Finance, Tata Steel and ICICI Bank were among the major gainers. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty advanced for the fourth consecutive day on Tuesday (October 7, 2025), helped by a rally in blue-chip bank stocks and…
Read More “Stock markets advance for fourth day on buying in HDFC Bank, ICICI Bank” »
Finance Minister Nirmala Sitharaman addresses the gathering during the ‘Global Fintech Fest 2025’, in Mumbai, on October 7, 2025 | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman on Tuesday (October 7, 2025) pitched for using technology for public good, while expressing her disappointment at “weaponising” the advancements at the global level. The Finance Minister…