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The 30-share BSE Sensex declined 242.24 points to 80,381.02 in early trade and the 50-share NSE Nifty dropped 54.85 points to 24,541.30. File | Photo Credit: AP Equity benchmark indices Sensex and Nifty declined in early trade on Friday (August 8, 2025) amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex declined…
This file image is used for representational purposes only. | Photo Credit: AP The rupee traded in a tight range and fell 5 paise to 87.63 against the U.S. dollar, with depreciation pressures still lingering amid persistent trade uncertainty and a firm U.S. dollar backdrop. Forex traders said the rupee is trading in a narrow…
Read More “Rupee falls 5 paise to 87.63 against U.S. dollar in early trade” »
A few weeks back, India’s Finance Ministry declared the Indian economy to be in a “Goldilocks situation” — a rare alignment of moderate growth, subdued inflation and supportive monetary conditions. Analysts too, taking a narrow, quarterly view of the Indian economy conceded, marking this as a “mini-Goldilocks moment” for its macroeconomic position, spurred by 7.6%…
A Special Bench of the Supreme Court headed by Chief Justice of India B.R. Gavai on Thursday began hearing a review of a May 2 verdict of the court, which rejected a resolution plan submitted by JSW Steel for Bhushan Power and Steel Ltd (BPSL). The apex court judgment had further ordered the liquidation of…
Read More “Former BPSL promoters argue against liquidation in SC” »
U.S. President Donald Trump at the White House in Washington, D.C., U.S., on August 7, 2025. | Photo Credit: Reuters After doubling tariffs on India to 50% over Russian oil imports, U.S. President Donald Trump indicated that he may even pause trade talks between the two countries until the oil issue was ‘resolved’. Speaking to…
Kamolika Peres Gupta, Vice President, India and SAARC, Autodesk | Photo Credit: Special arrangement Autodesk on Thursday (August 7, 2025) said its customers in India can now store and manage their data within the country. Until now, there was no local storage option available for the country, and therefore, customer data was stored outside the…
U.S. President Donald Trump on Thursday (August 7, 2025) demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him “highly conflicted” due to his ties to Chinese firms and raising questions about plans to turn around the struggling American chip icon. Reuters reported exclusively in April that Mr. Tan — himself or through…
Read More “Trump calls on ‘highly conflicted’ Intel CEO to resign over China ties” »
Bombay Stock Exchange (BSE). | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty staged a comeback on Thursday (August 7, 2025), mainly due to buying in the last hour of trade, even as U.S. President Donald Trump slapped an additional 25% duty on Indian goods, which weighed on investor sentiment. Rebounding around 926 points…
Read More “Stock markets weather Trump tariff storm; Sensex, Nifty close higher” »
Scott Wang, Vice President, Asia Pacific, for the World Trade Centers Association. Photo: Special Arrangement The increasingly inward looking attitude of countries around the world didn’t happen overnight, and is a result of the unequal growth that emerged from the ‘golden’ period of globalisation in the 1990s and 2000s, according to Scott Wang, Vice President,…
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