Business

May 19, 2026 6:06 PM

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UK, Denmark companies join hands to build and scale renewable projects in India

The UK's development finance institution and a Danish global fund manager has launched a project to support India's clean energy transition. British International Investment (BII) joined hands with Copenhagen Infrastructure Partners (CIP) for the 300-million-dollar renewable energy platform, North S...

May 19, 2026 5:32 PM

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Mixed trends in Asian markets, European indices trading in gains 

  Most Asian stock market indices displayed mixed trend today. Singapore’s Straits Times Index rose one and a half per cent, China's Shanghai Composite index gained over 0.9 per cent, and Hong Kong’s Hang Seng index ended half a per cent up. Conversely, South Korea’s Kospi index fell over 3.2 per ce...

May 19, 2026 5:41 PM

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Gold prices up by half percent, Silver down by 0.7 percent

In the Indian bullion market, 24 Carat Gold was trading half a per cent up at 1,60,670 rupees per 10 grams, while Silver was trading 0.7 per cent down at 2,75,170 per kilogram, a short while ago.  At the Multi Commodity Exchange, gold for June contract was trading over 0.3 per cent up at 1,59,980 ru...

May 19, 2026 5:13 PM

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Domestic markets end with slight losses, reversing intra-day gains

Benchmark domestic equity indices reversed their intra-day gains and ended with marginal losses today. The Sensex dropped 114 points to close at 75 thousand 201, while the Nifty dipped by 32 points to settle at 23 thousand and 618. However, the broader market on the National Stock Exchange outperfor...

May 19, 2026 5:34 PM

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Rupee depreciates by 18 paise to close at 96.53 against US dollar 

 In the forex market today, the rupee depreciated by 18 paise to close at record low of 96 rupees and 53 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 99.25 in intra-day trade.

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 5:45 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 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...

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