Category: Business

Business

Rupee recovers 18 paise to settle at 96.55 against U.S. dollar

July 24, 2026 admin

This image is used for representational purposes only. | Photo Credit: Getty Images/istockphoto The rupee recovered 18 paise to close at 96.55 (provisional) against the U.S. dollar on Friday (July 24, 2026), amid likely intervention by the Reserve Bank of India (RBI). A combination of factors, including heightened tensions in West Asia, Foreign Institutional Investor…

Business

Sensex, Nifty extend losses for fifth straight day on U.S. trade tariffs, West Asia tensions

July 24, 2026 admin

From the Sensex pack, Eternal, Mahindra & Mahindra, Bajaj Finance, Bharti Airtel, Asian Paints and Infosys were among the major laggards. HCL Tech, ITC, Axis Bank and Tata Consultancy Services were among the winners. File Photo: Special arrangement Market benchmark indices Sensex and Nifty ended lower on Friday (July 24, 2026), extending the losing streak…

Business

HPCL, BPCL have secured crude supplies till August, scouting for September

July 24, 2026 admin

State-owned oil-marketing companies, Hindustan Petroleum and Bharat Petroleum, have secured their supplies until the end of August and are working on procuring supplies for September onwards, executives of the two oil-marketing companies told analysts in their respective post-results call Thursday. Speaking to analysts, Vikas Kaushal, Chairman and Managing Director (CMD) at Hindustan Petroleum informed the…

Business

Stock markets tumble in early trade as crude oil prices hit $100 per barrel mark

July 24, 2026 admin

Stock markets tumble in early trade as crude oil prices hit 0 per barrel mark

Crude oil prices crossed $100 per barrel mark amid escalating geopolitical tensions in the West Asia. (Representational image) | Photo Credit: Getty Images/iStockphoto Market benchmark indices Sensex and Nifty tumbled in early trade on Friday (July 24, 2026) as crude oil prices crossed $100 per barrel mark amid escalating geopolitical tensions in the West Asia….

Business

Rupee rises 22 paise to 96.51 against U.S. dollar in early trade

July 24, 2026 admin

On July 23, the rupee ended 20 paise weaker at 96.73 against the U.S. dollar. File | Photo Credit: PTI The rupee rose 22 paise to 96.51 against the U.S. dollar in early trade on Friday (July 24, 2026), on likely RBI intervention to stem its further slide after global crude oil prices crossed the…

Business

U.S. slaps 10% tariffs on goods imported from India over issue forced labour

July 23, 2026 admin

U.S. President Donald Trump. | Photo Credit: Reuters The U.S. imposed 10% tariffs on goods purchased from India and 16 other countries over the issue of the use of forced labour in the production of such items. U.S. Trade Representative Jamieson Greer announced the new tariffs on 60 countries under Section 301 of the Trade…

Business

U.S. unveils new tariffs on 60 partners as Trump rebuilds trade agenda

July 23, 2026 admin

The United States said Thursday (July 23, 2026) that it would impose new tariffs on 60 trading partners over forced labour concerns, replacing an expiring global duty rolled out by President Donald Trump earlier this year. The levies, which take effect Friday (July 24, 2026), range from 10% to 12.5% and impact major economies like…

Business

Core upgrade: On the Index of Core Industries

July 23, 2026 admin

The Index of Core Industries (ICI) has finally joined the country’s other economic metrics in becoming up-to-date and representative of the economy. The other metrics such as the national accounts, Consumer Price Index (CPI), Wholesale Price Index (WPI), and the Index of Industrial Production (IIP) were updated earlier this year, although even those were after…

Business

Sebi mulls overhaul of online dispute resolution framework; seeks public comments till August 13

July 23, 2026 admin

SEBI. File | Photo Credit: Reuters Markets regulator Securities and Exchange Board of India (SEBI) on Thursday (July 23, 2026) proposed a revamp of the Online Dispute Resolution (ODR) framework for the securities market, including shifting the responsibility of dispute resolution from ODR institutions to Market Infrastructure Institutions (MIIs), to make the system more efficient…

Business

Maruti Suzuki’s New Brezza receives 5-star Bharat NCAP safety rating

July 23, 2026 admin

Maruti Suzuki | Photo Credit: Reuters Maruti Suzuki India Ltd has received 5-star safety rating in both Adult Occupant Protection (AOP) and Child Occupant Protection (COP) for its upcoming vehicle New Brezza, under the Bharat New Car Assessment Program (Bharat NCAP). The model is slated to launch on July 24, 2026. It is equipped with several safety features including…

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