Business

May 15, 2026 10:20 PM

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SEBI issues PAN related clarifications to ease difficulties of FPIs

The Securities and Exchange Board of India has issued clarification regarding mandatory information required under the new PAN application forms that were issued by the Central Board of Direct Taxes in March 2026. The clarification was issued after several difficulties were faced by Foreign Portfoli...

May 15, 2026 10:09 PM

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Unemployment Rate for 15+ remains broadly stable at 5.2% for April

Country's unemployment rate (UR) for persons aged 15 years and above remained broadly stable at 5.2 per cent in April, slightly ⁠up from 5.1 per cent in March this year. According to Ministry of Statistics and Programme Implementation monthly labour force and unemployment data, the rural unemploymen...

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....