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April 4, 2025 6:11 PM
Major Asian stocks extended their downward trend today rattled by Trump's tariffs announcement. Singapore's Strait Times index dropped three percent, Japan's Nikkei shed over 2.8 percent, and Korea's Kospi slipped more than 0.8 percent. Meanwhile, markets in Hong Kong and China were closed for Qingm...
April 4, 2025 6:00 PM
In the Forex market, the rupee today strengthened by 21 paise to close at 85 rupees and 23 paise against the US dollar amid a fall in oil prices and the weakening of the American currency. The dollar index, which indicates the US dollar's strength against a basket of six other...
April 4, 2025 5:00 PM
The benchmark domestic equity indices slumped more than one percent today, mirroring losses in global markets fuelled by US President Donald Trump’s tarrif jitters. The 30-share index at the Bombay Stock Exchange, Sensex, shed 931 points, or 1.22 per cent, to close at 75,365. Th...
April 4, 2025 8:02 AM
Global stocks sank a day after US President Donald Trump announced sweeping new tariffs that are forecast to raise prices and weigh on growth in the United States and abroad. The Wall Street Journal reported that the US market had lost 2.7 trillion dollars in market cap. The S&P 500, which track...
April 3, 2025 7:58 PM
India is carefully examining the implications of reciprocal tariffs imposed by the US. . The Ministry of Commerce and Industry in a statement today said that the Department is engaged with all stakeholders, including Indian industry and exporters, taking feedback of their assessment of the tariffs a...
April 2, 2025 9:04 PM
Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government has approved the appointment of Poonam Gupta as the new Deputy Governor of the Reserve Bank of India. She will succeed Micheal Debabrata Patra, who demitted office in January thi...
April 2, 2025 7:38 PM
Oil prices fell today as traders braced for reciprocal tariffs that US President Donald Trump is due to announce. Brent Crude was trading over half per cent down at 74 dollars and nine cents per barrel. WTI Crude was also trading almost half per cent down at 70 dollars and 86 cents per barrel, when ...
April 1, 2025 10:11 PM
Employees' Provident Fund Organisation (EPFO) today expanded its Multi-Banking Centralised Collection System by empanelling 15 more banks, bringing the total to 32. Addressing the occasion in New Delhi, Union Minister for Labour and Employment Dr. Mansukh Mandaviya said that the country's progress...
April 1, 2025 10:02 PM
The Central Board of Indirect Taxes and Customs today said that it will introduce the electronic processing of the import and export of gems, jewellery, and machinery samples through personal carriage by air passengers. This will come into effect from the 1st of May at specified airports. Nine air...
April 1, 2025 9:41 PM
Finance Minister Nirmala Sitharaman today launched the 'NITI NCAER States Economic Forum' portal in New Delhi. The portal has been developed by NITI Aayog in collaboration with the National Council of Applied Economic Research. The portal is a comprehensive repository of data on social, economic, ...
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