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June 13, 2025 6:23 PM

India’s forex reserves jump $5.17 billion to reach record $696.6 billion

India's foreign exchange reserves rose over 5.17 billion dollars, reaching 696.6 billion dollars in the week ending 6th June. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, foreign currency assets, a major component of the reserves, were u...

June 13, 2025 4:19 PM

Sensex drops 573 points amid geopolitical tensions; gold, silver, crude oil surge

The benchmark domestic equity indices today ended on a weak note, weighed down by escalating geopolitical tensions and a broad-based sell-off across most sectors. The 30-share index at the Bombay Stock Exchange, Sensex, shed 573 points, or 0.7 per cent, to close at 81,119. The National Stock Exchang...

June 13, 2025 1:34 PM

Crude oil prices surge over $4 after Israel strikes Iran

Crude oil prices jumped more than 4 dollars a barrel today, hitting their highest price in almost five months after Israel struck Iran, escalating tensions in West Asia and raising worries about disrupted oil supplies. Brent Crude was trading over 5.3 per cent up at 73 dollars and five cents per bar...

June 13, 2025 1:12 PM

Sensex falls 687 points, Nifty slips 212 amid geopolitical tensions

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.8 per cent down in the forenoon trade today, mirroring losses across Asian markets amid escalating geopolitical tensions. On the sectoral front, only IT managed to hold gains, while all other sectors were trading with cuts...

June 12, 2025 5:33 PM

Retail Inflation Drops to 2.82% in May, Lowest Since Feb 2019

India's retail inflation moderated to 2.82 percent in May from 3.16 percent in April, driven by significant easing in food prices. According to data released by the Ministry of Statistics and Programme Implementation, it is the lowest year-on-year inflation after February, 2019. Meanwhile, inflation...

June 12, 2025 12:03 PM

Sensex drops 377 points, Nifty falls below 25,050 amid broad-based selloff

The Benchmark domestic equity indices, Sensex and Nifty, were trading over 0.4 per cent down in the forenoon trade today amid mixed global cues. On the sectoral front, barring Pharma, healthcare, media and telecommunication, all other sectors were trading with cuts. The 30-share BSE Sensex lost 377 ...

June 11, 2025 7:29 PM

SEBI Mandates UPI Payment System for Market Intermediaries from Oct 1

The Securities and Exchange Board of India (SEBI) today said it has mandated a new UPI payment mechanism for all registered intermediaries who collect funds from investors to enhance investor protection and financial transparency within the securities market. Speaking in Mumbai today, SEBI chief Tuh...

June 11, 2025 4:24 PM

Sensex Rises 123 Points, Nifty Ends at 25,141 Amid Positive Asian Cues

The benchmark domestic equity indices today ended with marginal gains, tracking positive cues from Asian markets. The 30-share index at the Bombay Stock Exchange, Sensex, rose 123 points, to close at 82,515. The National Stock Exchange Nifty-50 added 37 points, to settle at 25,141. The broader mark...

June 11, 2025 4:22 PM

RBI Discontinues Daily VRR Auctions Amid Rs 3 Lakh Crore Liquidity Surplus

The Reserve Bank of India has discontinued daily Variable Rate Repo (VRR) auctions starting today, in view of a liquidity surplus in the banking system, currently estimated at around 2.75 to 3 lakh crore rupees. The daily VRR auctions were launched on January 16 2025 to ease short-term liquidity tig...

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