Archives for Business
Sensex crashes 1,092 points amid US-Iran uncertainty, final hour sell-off
Mumbai, Indian equity benchmark indices ended sharply lower on Friday after a volatile trading session, as uncertainty surrounding a possible US-Iran understanding triggered heavy selling in the final hour of…
India-led Quad targets $20 billion investment to strengthen critical minerals supply chains
New Delhi, The India-led Quad, comprising India, Australia, Japan and the United States, has announced plans to mobilise up to $20 billion in combined government and private sector investment to…
Sensex soars 1,073 points on hopes of US-Iran deal, rupee ends stronger
Mumbai, Indian equity benchmarks rallied sharply on Monday, tracking gains in global markets amid hopes of easing geopolitical tensions after US President Donald Trump said negotiations with Iran were progressing…
Centre caps duty-free gold imports by exporters
New Delhi, The Centre has imposed a limit on duty-free gold imports under the advance-authorisation scheme for exporters at a maximum of 100 kg per licence in a move aimed…
Gold, silver prices surge up to 8 pc after import duty hike
Mumbai, Gold and silver prices on Wednesday witnessed a sharp surge of up to 8 per cent after the government more than doubled the import duty on precious metals. On…
Govt hikes gold, silver import duty to 15 pc
New Delhi, The government on Wednesday announced a hike in customs duties on gold and silver to 15 per cent from 6 per cent as policymakers move to contain pressure…
Sensex crashes 1,456 points, Nifty slips below 23,400 as West Asia tensions rattle markets
Mumbai, Indian equity benchmarks extended their losses for a second straight session on Tuesday as escalating tensions in West Asia, surging crude oil prices and concerns over the broader economic…
Sensex tanks over 1300 points as Middle East tension intensifies
Mumbai, Indian benchmark equity indices ended sharply lower on Monday as investor sentiment weakened amid rising concerns over the impact of the ongoing West Asia conflict on global growth and…
Indian economy growing well, banking sector stable despite challenges: M. Nagaraju
Mumbai, India's economy is growing well and the banking sector remains stable despite global and domestic challenges, M. Nagaraju, Secretary of the Department of Financial Services (DFS), Ministry of Finance,…
US launches mission to break Gulf blockade
Washington, The United States has launched a military mission to break what it calls Iran’s blockade of commercial shipping in the Strait of Hormuz, deploying warships and aircraft to escort…