Business

February 12, 2026 7:52 PM

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Asian markets close on mixed note, European indices trading up

  Major Asian indices closed on a mixed note today. South Korea’s Kospi index surged over 3.1 per cent, Singapore’s Straits Times Index advanced over 0.6 per cent, and China's Shanghai Composite Index eked out a marginal gain. In contrast, Hong Kong's Hang Seng index shed about 0.9 per cent and Japa...

February 12, 2026 7:39 PM

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Rupee appreciates by 11 paise to close at 90.59 against US dollar

  In the forex market today, the rupee appreciated by 11 paise to close at 90 rupees and 59 paise against the US dollar. The dollar index, which indicates the US dollar's strength against a basket of six other leading currencies, was trading at 96.79  in intra-day trade.     

February 12, 2026 7:36 PM

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India’s retail inflation stands at 2.75% in January 

  India’s retail inflation stood at 2.75 per cent in January on an annual basis under the newly released Consumer Price Index (CPI) series, compared with 1.33 per cent under the old series in December last year. The release marks the first major revision of India’s retail inflation series in over a ...

February 12, 2026 7:43 PM

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Gold, Silver prices down

  In the Indian bullion market, 24 carat Gold was trading over 0.4 per cent down at 1 lakh 58 thousand and 230 rupees per 10 grams. Silver was trading more than 1.2 per cent lower at 2 lakh 60 thousand and 490 rupees per kilogram, a short while ago.    At the Multi Commodity Exchange, Gold for April...

February 12, 2026 5:16 PM

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Domestic markets dive deep in red due to sharp sell-off in IT stocks

  Benchmark domestic equity indices, the Sensex and the Nifty, closed deep in the red today, battered by a sharp sell-off in IT stocks. The markets opened lower, with selling pressure dominating the session and keeping the indices firmly in bearish territory till the closing bell. The Sensex plunged...

February 12, 2026 12:09 PM

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Sunil Jakhar Invites Punjab Farmers for Dialogue on India-US Trade Agreement

Bharatiya Janata Party’s (BJP) Punjab President, Sunil Jakhar, has invited farmer organisations from the state for a dialogue on the India-US trade agreement. Stating that if the farmers see any shortcomings in the agreement, then they should choose the path of discussion rather than agitation.   He...

February 11, 2026 8:19 PM

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Crude oil prices up amid rising geopolitical tensions     

              Global crude oil prices rose today, supported by rising geopolitical tensions as US-Iran negotiations remained uncertain. Additionally, declines in major crude stockpiles signalled stronger demand, further boosting prices. Brent Crude was trading 1.8 per cent up at 70 US dollars and fo...

February 10, 2026 8:03 PM

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RBI Proposes Draft Amendments to Urban Co-operative Bank Lending Norms

The Reserve Bank of India (RBI) today issued draft amendment directions to review lending norms for Urban Co-operative Banks.     The proposals were announced as part of the Statement on Developmental and Regulatory Policies dated 6th February, 2026. The draft directions have been issued by the RBI’...