Business

May 18, 2026 10:05 PM

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Summer crops witness significant growth of over three lakh hectares this month 

  The Ministry of Agriculture and Farmers Welfare has said that the progress of area coverage under summer crops has recorded more than 83 lakh hectare area till the 15th of this month. The Ministry said that summer crops have witnessed a significant growth of over three lakh hectares compared to th...

May 18, 2026 8:27 PM

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Government targets one trillion-dollar exports this year

  Union Commerce and Industry Minister Piyush Goyal has said that India has set a target of achieving exports worth one trillion dollars this year and two trillion dollars over the next five years. He asserted that this will be the true hallmark of an Atmanirbhar Bharat. Addressing the website launc...

May 18, 2026 8:20 PM

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RBI says, not activating countercyclical capital buffer 

  The Reserve Bank of India has said it will not activate the countercyclical capital buffer (CCyB) as the measure is not required in the current circumstances. In a statement issued from Mumbai today, RBI said the system can be activated as a pre-announced measure under warranted circumstances. RBI...

May 18, 2026 5:43 PM

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Slight hike in Gold, Silver prices

  In the Indian bullion market, 24 Carat Gold was trading 0.3 per cent up at 1 lakh 59 thousand 620 rupees per 10 grams, while Silver was trading 0.9 per cent higher at 2 lakh 74 thousand 250 rupees per kilogram, a short while ago.  At the Multi-Commodity Exchange, gold for June contract was trading...

May 18, 2026 5:36 PM

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Mixed trends in Asian & European markets

Most Asian stock market indices displayed a mixed trend today. Hong Kong’s Hang Seng index ended 1.1 per cent down, Japan’s Nikkei 225 index shed one per cent, and China's Shanghai Composite index fell 0.1 per cent. Conversely, South Korea’s Kospi index rose 0.3 per cent, and Singapore’s Straits Tim...

May 18, 2026 5:32 PM

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Marginal gains for Sensex, Nifty

Benchmark domestic equity indices rebounded from earlier losses and ended with marginal gains today. The BSE Sensex added 77 points to close at 75,315 while the NSE Nifty rose slightly by six points to settle at 23,650. However, the broader market on the National Stock Exchange ended lower. The Midc...

May 18, 2026 5:45 PM

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Oil prices up     

          Global crude oil prices rose today. Brent crude was trading 1.2 per cent up at 110 US dollars and 57 cents per barrel, while West Texas Intermediate crude was trading over 1.2 per cent up at 106 US dollars 73 cents per barrel, when reports last came in.  

May 18, 2026 5:40 PM

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Rupee depreciates by 38 paise to close at 96.35 against US dollar 

In the forex market today, the rupee depreciated by 38 paise to close at 96 rupees and 35 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 99.21 in intra-day trade.

May 18, 2026 12:09 PM

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PM Narendra Modi invites Swedish companies to enhance their presence in India

Prime Minister Narendra Modi has invited Swedish companies to enhance their presence in India under initiatives such as Make In India, National Green Hydrogen Mission and National Critical Mineral Mission. During an interaction with selected Swedish CEOs in Gothenburg, Mr Modi made a strong pitch to...

May 17, 2026 10:46 AM

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IGL increases prices of CNG

Indraprastha Gas Limited (IGL) has increased the prices of Compressed Natural Gas (CNG) by 1 rupee today. After the price hike, the new rate for 1 kilogram of CNG in Delhi is 80.09 rupees and 88.70 rupees in Ghaziabad and Noida, respectively. In Gurugram, the new rate for 1 kilogram of CNG is 85.12 ...