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Category: Business

Business

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

Posted on September 16, 2025 By admin
India resilient to navigate global turbulences, more crude coming from Western Hemisphere: Petroleum Minister Hardeep Puri

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…

Read More “India resilient to navigate global turbulences, more crude coming from Western Hemisphere: Petroleum Minister Hardeep Puri” »

Business

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

Posted on September 16, 2025 By admin
Rupee rises 8 paise to close at 88.08 against U.S. dollar

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…

Read More “Rupee rises 8 paise to close at 88.08 against U.S. dollar” »

Business

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

Posted on September 16, 2025 By admin
Stock markets rebound as U.S., India begin trade talks; Sensex jumps 595 points

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…

Read More “Stock markets rebound as U.S., India begin trade talks; Sensex jumps 595 points” »

Business

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

Posted on September 16, 2025 By admin
Gold climbs ₹119 to trade near record high ahead of U.S. Fed policy decision

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…

Read More “Gold climbs ₹119 to trade near record high ahead of U.S. Fed policy decision” »

Business

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

Posted on September 16, 2025 By admin
Rupee rises 12 paise to 88.04 against U.S. dollar in early trade

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…

Read More “Rupee rises 12 paise to 88.04 against U.S. dollar in early trade” »

Business

Stock markets rebound in initial trade

Posted on September 16, 2025 By admin
Stock markets rebound in initial trade

Foreign institutional investors offloaded equities worth ₹1,268.59 crore on September 15, 2025, according to exchange data. File | Photo Credit: PTI Benchmark equity indices Sensex and Nifty rebounded in early trade on Tuesday (September 16, 2025) amid hopes of progress in the India-U.S. bilateral trade talks. A day-long talk on the India-U.S. bilateral trade…

Read More “Stock markets rebound in initial trade” »

Business

What is ‘involution’ that is plaguing the Chinese EV sector? | Explained

Posted on September 16, 2025 By admin
What is ‘involution’ that is plaguing the Chinese EV sector? | Explained

The story so far: For some years now, the Chinese economy has faced what has locally come to be called nêijuân, or an involution. It is a process in which rivals in certain sectors indulge in price wars, attempting to capture market share and clear out oversupply of goods. However, these price wars are counterproductive, as they reach…

Read More “What is ‘involution’ that is plaguing the Chinese EV sector? | Explained” »

Business

ITR filing deadline for Assessment Year 2025-26 extended by a day to September 16, 2025

Posted on September 15, 2025 By admin
ITR filing deadline for Assessment Year 2025-26 extended by a day to September 16, 2025

The last date for filing ITRs by individuals, Hindu Undivided Families (HUFs) and those who do not have to get their accounts audited was earlier extended from July 31, 2025 to September 15, 2025. | Photo Credit: Getty Images/iStockphoto The Income Tax Department late on Monday (September 15, 2025) extended the deadline for filing income…

Read More “ITR filing deadline for Assessment Year 2025-26 extended by a day to September 16, 2025” »

Business

India’s economic ambitions need better gender data

Posted on September 15, 2025 By admin
India’s economic ambitions need better gender data

‘If India is serious about closing its gender gap at scale, gender-disaggregated data must become universal and normative’ | Photo Credit: Getty Images/iStockphoto Women contribute just 18% to India’s GDP today, but continuing with business-as-usual means that trillions of dollars will be left on the table. India’s aspiration to become a $30 trillion economy by…

Read More “India’s economic ambitions need better gender data” »

Business

Surging merchandise exports, falling imports cut India’s August trade deficit by half

Posted on September 15, 2025 By admin
Surging merchandise exports, falling imports cut India’s August trade deficit by half

Services exports increased to $34.1 billion in August 2025, compared to $30.4 billion in August last year. File image used for representation. | Photo Credit: Reuters India’s trade deficit contracted by more than 54% to $9.9 billion in August 2025, driven by a surge in merchandise exports, a continued strong performance in services exports, and…

Read More “Surging merchandise exports, falling imports cut India’s August trade deficit by half” »

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