Business

June 25, 2025 9:37 PM June 25, 2025 9:37 PM

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RBI says Indian economy remains resilient despite geopolitical uncertainties

        The Reserve Bank of India has stated that the Indian economy remains resilient despite global economic, trade, and geopolitical uncertainties. In an article "State of the economy" in the June bulletin issued today, the RBI has said that the global economy is in a state of flux, reeling from ...

June 25, 2025 9:26 PM June 25, 2025 9:26 PM

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Rupee depreciates by 12 paise against US dollar

In the Forex market, the rupee today depreciated by 12 paise to close at 86 rupees and nine 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 98.10 in intra-day trade.

June 25, 2025 4:50 PM June 25, 2025 4:50 PM

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Sensex, Nifty end with gains

The benchmark domestic equity indices today ended with gains of more than 0.8 percent, buoyed by positive global cues and broad-based buying across most sectors. The 30-share index at the Bombay Stock Exchange, Sensex, surged 700 points to close at 82,756. The National Stock Exchange Nifty-50, rose ...

June 24, 2025 7:24 PM June 24, 2025 7:24 PM

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Gold prices down by over 2.3 %

In the Indian Bullion Market, 24 Karat Gold was trading over 2.3 per cent down at 97,240 rupees per 10 grams, while Silver 999 Fine was trading over 1.7 per cent down at 1,05,430 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the August contract was trading 2.4 per ...

June 24, 2025 7:19 PM June 24, 2025 7:19 PM

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US market sheds effects of West Asia conflicts & ends higher

US stocks closed higher on Monday, as markets shrugged off the effects of the escalating West Asia conflict. The S&P 500 and Nasdaq Composite rose over 0.9 per cent each, and Dow Jones Industrial Average climbed almost 0.9 per cent. Earlier, Federal Reserve Vice Chair for Supervision Michelle Bo...

June 24, 2025 7:14 PM June 24, 2025 7:14 PM

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Asian , European markets surge after US announces ceasefire in West Asia

Major Asian markets surged today as risk sentiment improved after US President Donald Trump announced a ceasefire between Israel and Iran. South Korea's Kospi index zoomed almost three per cent, Hong Kong's Hang Seng index climbed over two per cent, China's Shanghai Composite index as well as Japan’...

June 24, 2025 7:09 PM June 24, 2025 7:09 PM

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Crude oil prices still down amid risk of supply disruption in West Asia

Crude oil prices extended losses to hit a two-week low today amid lower risk of supply disruptions in West Asia, though US President Donald Trump accused both Israel and Iran of violating a ceasefire which he had proposal. Brent Crude was trading around four percent down at 68 dollars and 67 cents p...

June 23, 2025 8:03 AM June 23, 2025 8:03 AM

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US & Asia stock markets plunge amid geopolitical tensions

Stock markets in the US and Asia plunged in early trade today amid geopolitical tensions. The S&P 500 futures traded below the flat line, while the Nasdaq futures were also down by nearly 100 points.     Japan’s benchmark Nikkei 225 fell 0.58 per cent, while in South Korea, the Kospi index lost ...

June 22, 2025 8:54 PM June 22, 2025 8:54 PM

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Foreign Investors Infuse Over ₹1,200 Crore into Indian Equity Markets Last Week

Foreign investors pumped in over 1,200 crore rupees into the Indian equity markets last week. As per the National Securities Depository data, Foreign Portfolio Investors or FPIs, invested 1,209 crore rupees in Indian equities last week. Earlier in May, they invested 19,860 crore rupees, making it th...

June 21, 2025 2:10 PM June 21, 2025 2:10 PM

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Gross direct tax collections rise by 4.86% in the current financial year, so far

The country's gross direct tax collections for the financial year 2025-26 rose by 4.86 per cent to about 5.45 lakh crore rupees as of June 19 compared to about 5.19 lakh crore rupees in the same period last year. However, net direct tax collections saw a marginal decline of 1.39 per cent, dropping t...

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