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A man speaks on his mobile phone next to an installation of the Rupee logo and Indian currency coins outside the Reserve Bank of India (RBI) headquarters in Mumbai, India, August 1, 2025. | Photo Credit: Reuters The rupee traded in a tight range and slipped 6 paise to 87.69 against the U.S. dollar in…
Read More “Rupee falls 6 paise to 87.69 against U.S. dollar in early trade” »
A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty climbed in early trade on Wednesday (August 13, 2025) as steady U.S. inflation data propelled a sharp rally in global markets. Besides, retail inflation slowing to an 8-year low of 1.55% in…
Read More “Stock markets climb in early trade as steady U.S. inflation data fuel global rally” »
The latest order is aimed at further tightening the import of jute and products made from Bangladeshi jute. File | Photo Credit: Reuters A day after India imposed a fresh round of port restrictions on a range of jute products, officials here justified the move as necessary because Bangladesh’s subsidies were “killing” local Indian industries….
Perplexity AI said the offer, with no equity component, would preserve user choice and ease future competition concerns. File | Photo Credit: Reuters Perplexity AI said it has made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser, a low but bold bid that would need financing well above the startup’s own valuation. …
Read More “AI startup Perplexity makes $34.5-billion bid for Google’s Chrome browser” »
The Ministry’s statement emphasised there have been no issues relating to either drivability, ability to start the vehicle or metal and plastic compatibility. File. | Photo Credit: K. Murali Kumar Addressing contestations about the impact of blending ethanol with petrol for vehicular fuel, the Ministry of Petroleum and Natural Gas (MoPNG) in a detailed statement…
“Banks write off NPAs, including those in respect of which full provisioning has been made on completion of four years, as per the Reserve Bank of India (RBI) guidelines and policy approved by banks’ Boards,” Minister of State for Finance Pankaj Chaudhary said. File Photo: Sansad TV via ANI Public sector banks (PSBs) have written…
Read More “PSU banks write off loans over ₹5.82 lakh crore in last 5 years: MoS Finance” »
As of 2023-24, the Central Government has failed to transfer ₹3.69 lakh crore worth of cess collections to the relevant funds for which the cess was implemented, the Comptroller and Auditor General has found. A cess is a levy over and above a tax and has to be used for a particular purpose. These short…
Vegetable and pulses prices contracted 21% and 14% respectively, driven by a high base and falling prices. File. | Photo Credit: Sushil Kumar Verma Retail inflation in India slipped to 1.55% in July 2025, the lowest since June 2017, and below the Reserve Bank of India’s comfort band of 2-6%, primarily led by a contraction…
Read More “India’s retail inflation falls to 1.55%, Hits 8-Year Low: NSO Report” »
Representative image | Photo Credit: Reuters The rupee consolidated in a narrow range to settle just 3 paise higher at 87.72 (provisional) against the U.S. dollar on Tuesday (August 12, 2025) amid a negative trend in domestic equities. Forex traders said the rupee is trading in a tight range as a late decline in domestic…
Read More “Rupee rises 3 paise to close at 87.72 against U.S. dollar” »
FIIs offloaded equities worth ₹1,202.65 crore on August 11, 2025, according to exchange data. File | Photo Credit: PTI Benchmark indices Sensex and Nifty ended lower in a highly volatile trade on Tuesday (August 12, 2025) dragged down by blue-chip bank stocks and caution ahead of domestic and U.S. inflation data. The 30-share BSE…
Read More “Markets in choppy waters; Sensex drops 368 points dragged by bank stocks” »