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June 26, 2026 10:13 PM
267
India’s foreign exchange reserves rose by 963 million US dollars to over 672 billion US dollars during the week ended June 19. According to the Reserve Bank of India data, the rise was mainly driven by a sharp increase in gold reserves, which increased by 4.1 billion US dollars to over 107 billion U...
June 26, 2026 7:18 PM
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Global investment bank Goldman Sachs has raised India’s real GDP growth forecast to 6.8 per cent for the calendar year 2026, from its earlier estimate of 6.5 per cent, citing easing oil prices and improving domestic economic conditions. In its latest report titled India: Improved Macro Outlook Af...
June 26, 2026 7:48 AM
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The International Monetary Fund (IMF) has said that India continues to be a major driver of global economic growth despite the economic impact of the Iran conflict and higher energy prices. Addressing a regular IMF press briefing, Director of the IMF's Communications Department, Julie Kozack, said I...
June 25, 2026 7:11 PM
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Banks borrowed only 16,800 crore rupees from the Reserve Bank of India (RBI) at its four-day Variable Rate Repo (VRR) auction today, against the notified amount of 50,000 crore rupees, indicating relatively comfortable liquidity conditions in the banking system. According to the RBI, banks submitted...
June 24, 2026 7:36 PM
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Most Asian stock market indices ended on a positive note today. South Korea’s kospi surged 3.3 per cent, Hong Kong’s Hang Seng Index gained 0.3 per cent, Singapore’s Strait Times Index ended 0.2 per cent up, and China's Shanghai Composite added 0.1 per cent. In contrast, Taiwan's Taiex shed 2.2 per ...
June 24, 2026 6:49 PM
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Global crude oil prices slumped today, reaching their lowest levels in nearly four months. Brent crude was trading almost three per cent down at 74 US dollars and 80 cents per barrel. West Texas Intermediate crude was also trading more than 2.8 per cent down at 71 US dollars and 12 cents per barrel,...
June 24, 2026 6:46 PM
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In the forex market today, the rupee appreciated by eight paise to close at 94 rupees and 66 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 101.69 in intra-day trade.
June 24, 2026 6:43 PM
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Benchmark domestic equity indices rose around one per cent today, supported by lower crude oil prices and value buying. The Sensex climbed 791 points to close at 76,991. The Nifty also added 198 points to settle at 24,022. In the broader market on the National Stock Exchange, the Midcap 100 index...
June 24, 2026 6:38 PM
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In the Indian bullion market, 24 carat Gold was trading 1.7 per cent lower at 144,330 rupees per 10 grams, while Silver was trading 1.2 per cent down at 223,470 rupees per kilogram a short while ago. At the Multi Commodity Exchange, Gold for the August contract was trading 1.8 per cent lower at 1,4...
June 23, 2026 9:07 PM
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Net foreign direct investment (FDI) into India nearly quadrupled to 6.6 billion US dollars in April this year, compared to 1.6 billion dollars in April last year. The Reserve Bank of India, in its June Bulletin, said the increase was driven by a sharp rise in equity inflows and lower repatriation by...
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Last Updated: 5th Jul 2026
