Business

September 2, 2025 8:05 PM

Iran’s Oil Exports Hit Record Despite 14 U.S. Sanction Packages

Iran’s crude oil and condensate exports have reached a new high over the past 12 months despite the imposition of 14 U.S. sanction packages totalling 465 measures, including the toughest oil-related restrictions since 2018. According to the Iranian Oil Ministry’s news service, oil exports remain...

September 2, 2025 6:45 PM

Asian Stock Markets End Mixed; South Korea’s Kospi Gains Over 0.9%

Major Asian stock markets ended mixed today. South Korea’s Kospi Index rose over 0.9 per cent, Singapore’s Straits Times Index ended half a per cent up, and Japan’s Nikkei 225 added almost 0.3 per cent. On the other hand, Hong Kong’s Hang Seng index dipped nearly half per cent, and Shanghai ...

September 2, 2025 5:10 PM

Sensex and Nifty End Lower; Sensex Down 207 Points, Nifty Falls 45 Points

Benchmark domestic equity indices ended with modest losses today. The markets had opened in positive territory; however, they failed to hold initial gains and later slipped into the negative zone. The Sensex decreased 207 points, to close at 80 thousand 158. Similarly, Nifty declined 45 points, to s...

September 1, 2025 9:27 PM

India, UAE review progress of CEPA, agree to expand bilateral trade to 200bn US dollar by 2030

India and United Arab Emirates have reviewed the progress made under the Comprehensive Economic Partnership Agreement (CEPA). Commerce and Industry Minister Piyush Goyal held a bilateral meeting with Minister of Foreign Trade of the UAE Dr. Thani bin Ahmed Al Zeyoudi in Mumbai. During the meetin...

September 3, 2025 11:05 AM

Railways sign MoU with SBI for enhanced insurance benefits to its employees

Indian Railways and the State Bank of India have signed an MoU for enhanced insurance benefits to railway employees. The MoU was signed in the presence of Railways Minister Ashwini Vaishnaw and SBI Chairman C.S. Setty in New Delhi. Under this MoU, insurance coverage for Railway employees main...

September 1, 2025 8:32 PM

UPI transactions first time cross 20bn mark in this August

Unified Payments Interface, UPI has achieved a new milestone with first time ever crossing twenty billion transactions in the month of August this year. According to the National Payments Corporation of India, the total number of transactions stood at 20.01 billion, marking a 34 per cent year-on...

September 1, 2025 7:38 PM

Asian markets show mixed trend

Major Asian stock markets ended mixed today. Hong Kong’s Hang Seng index surged over 2.1 percent, Shanghai Composite Index gained around half per cent and Singapore’s Straits Times Index ended 0.1 per cent up. On the other hand, South Korea’s Kospi Index dipped over 1.3 per cent and Japan’s ...

September 1, 2025 7:15 PM

Rupee appreciates slightly to close at 88.20 against US dollar

In the Forex market, the rupee today appreciated marginally to close at 88 rupees and 20 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 97.60 in intra-day trade. ...

September 1, 2025 6:44 PM

Domestic markets rise, snapping three three-day losing streak

Benchmark domestic equity indices rose today, snapping their three-day losing streak. The markets had opened with gains and continued positive momentum throughout the trading session buoyed by better than expected GDP data and value buying. The Sensex climbed 555 points, or 0.7 per cent to close...

September 1, 2025 6:08 PM

GST collections surged to 6.5% in August this year in comparison to last year

India's goods and services tax (GST) collections has surged by 6.5 percent to over one lakh 86 thousand crore rupees in August this year in comparison to same month last year. According to the Finance Ministry, the gross domestic revenue was recorded at around one lakh 37 thousand crore rupees, ...