Business

May 15, 2026 7:01 PM

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India’s Forex reserves rise by $6.2 bn in first week of May

  India’s foreign exchange reserves rose by 6.2 billion US dollars, standing at 696 billion US dollars for the week ending May 8. According to the Reserve Bank of India, Gold reserves jumped by 5.6 billion US dollars to 120 billion US dollars. Foreign currency assets, the largest component of the re...

May 15, 2026 7:16 PM

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Rupee depreciates by 21 paise to close at 95.97 against US dollar

In the forex market today, the rupee depreciated by 21 paise to close at a record low of 95 rupees and 97 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trading at 99.15 in intra-day trade.

May 15, 2026 7:03 PM

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Gold prices down by 1.6%, silver by 5.6%

In the Indian bullion market, 24 Carat Gold was trading over 1.6 per cent down at 1 lakh 59 thousand 990 rupees per 10 grams, while Silver was trading nearly 5.6 per cent lower at 2 lakh 75 thousand 510 rupees per kilogram, a short while ago.  At the Multi Commodity Exchange, gold for June contract ...

May 15, 2026 7:02 PM

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Geopolitical uncertainties lead to rise in oil prices      

Global crude oil prices rose today amid lingering geopolitical uncertainties. Brent crude was trading over 2.4 per cent up at 108 US dollars and 30 cents per barrel, while West Texas Intermediate crude was trading over 2.9 per cent up at 104 US dollars 14 cents per barrel, when reports last came in....

May 15, 2026 5:31 PM

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Domestic market ends marginally low reversing earlier gains

    Benchmark domestic equity indices reversed earlier gains and ended around 0.2 per cent down in volatile trade today. The Sensex fell 161 points to close at 75 thousand 238, while the Nifty dropped 46 points to settle at 23 thousand and 644. The broader market on the National Stock Exchange also ...

May 14, 2026 9:57 PM

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EU includes India in revised draft list for continued export of aqua products 

  The European Union has included India in the revised draft list for the continued export of aquaculture products to the EU market. The Ministry of Commerce and Industry said that the earlier regulation had not included India among third countries authorised to export products of animal origin inte...

May 14, 2026 6:06 PM

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Most Asian markets slip while European indices trade higher

Most Asian stock market indices declined today. China's Shanghai Composite fell over one and a half per cent, Japan’s Nikkei 225 index dropped one per cent, and Singapore’s Straits Times Index slipped almost 0.2 per cent. Conversely, South Korea’s Kospi index surged over 1.7 per cent and Hong Kong’s...

May 14, 2026 5:02 PM

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India’s WPI inflation surges to 42-month high of 8.3% in April

India’s wholesale price index (WPI)-based inflation surged to 42-month high of 8.3 per cent in April on an annual basis, up from 3.88 per cent in March this year. On a month-on-month basis, the WPI rose to 3.86 per cent in April as compared with 1.52 per cent in March, pointing to a build-up in inpu...