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At the interbank foreign exchange market, the rupee opened at 87.46 against the U.S. dollar, and touched an intraday low of 87.48 and a high of 87.33 and settled at 87.36 (provisional). File. | Photo Credit: Reuters The rupee appreciated 23 paise to close at 87.36 (provisional) against the U.S. dollar on Monday (August 18,…
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The 30-share BSE Sensex jumped 676.09 points or 0.84% to settle at 81,273.75. File. | Photo Credit: PTI Stock markets rose sharply on Monday (August 18, 2025), with Sensex closing higher by 676 points and Nifty climbing 1% on heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in…
Read More “Sensex jumps 676 points, Nifty up 1% as GST reform bid sparks rally” »
IndiGo airline, and IDFC First Bank announced the launch of the IndiGo IDFC First Credit Card that combines the benefits of both Mastercard and RuPay networks through a single application IndiGo airline, and IDFC First Bank on Monday (August 18, 2025) announced the launch of the IndiGo IDFC First Credit Card that combines the benefits…
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Jayant Acharya, Joint MD & CEO, JSW Steel. Photo: Special Arrangement Homegrown JSW Steel and the POSCO Group of South Korea have joined hands to explore setting up a 6 million tonnes per annum (MTPA) steel plant in India. As part of the next steps, JSW and POSCO will undertake a detailed feasibility study to…
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Union Finance Minister during the monsoon session of Parliament in New Delhi. File | Photo Credit: PTI/Sansad TV Finance Minister Nirmala Sitharaman will on Wednesday (August 20, 2025) address a crucial meeting of a group of ministers of States as she makes a case for the sweeping GST reforms that will slash tax rates and…
Image used for representation purpose only. | Photo Credit: Reuters The rupee edged higher by 20 paise to 87.39 against the U.S. dollar in early trade on Monday (August 18, 2025), amid a positive trend in domestic equities. Forex traders said the uncertainty over the trade tariffs issue between India and the U.S. is likely…
Read More “Rupee rises 20 paise to 87.39 against U.S. dollar in early trade” »
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark indices Sensex and Nifty surged in early trade on Monday (August 18, 2025), buoyed by plans for big bang reforms in the GST regime by Diwali and S&P upgrading India’s sovereign credit rating. Auto, consumer discretionary and consumer durables stocks propelled…
The story so far: E20 petrol, which contains 20% ethanol and is being sold by Indian oil refiners, has been much in the news lately. India has achieved its target to blend 20% ethanol per litre of fuel five years ahead of the target under the National Policy on Biofuels. Ethanol blending in India rose…
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Representative image | Photo Credit: Getty Images/iStockphoto The new GST regime previewed by Prime Minister Narendra Modi in his Independence Day address would be consumer-centric, with particular emphasis on the poor, the MSMEs, the middle class and the farmers, senior government sources said on Sunday (August 17, 2025). The new two-tier Goods and Services Tax…
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Lodha Mathematical Sciences Institute (LMSI) was on Sunday (August 17, 2025) established in Mumbai to provide a collaborative and meritocratic environment for mathematics researchers from across the globe. Called “the first ever privately funded mathematics research institute in the country, LMSI is backed by Lodha Foundation, which received about Rs 20,000 crore endowment from the Lodha…
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