Business

August 27, 2025 7:35 PM

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Crude Oil Prices Edge Up Marginally; Brent, WTI Trade Nearly Flat

Crude oil prices were marginally up today. Brent Crude was trading almost flat at 67 dollars and 26 cents per barrel, and WTI Crude was also trading nearly 0.1 per cent up at 63 dollars and 31 cents per barrel, when reports last came in.  

August 27, 2025 7:35 AM

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CBIC urges people to avoid speculation on GST rates

The Central Board of Indirect Taxes and Customs (CBIC) has urged people to avoid speculation on GST rates. In a social media post, CBIC said that decisions in this regard are taken collectively by the GST Council, which comprises the Centre and States. It said that premature speculation gives rise t...

August 26, 2025 7:05 PM

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MCX gold for October up 0.3% at ₹1,00,943

In the Indian bullion market, 24 Karat Gold was trading 0.3 per cent up at 1,01,200 rupees per 10 grams, while Silver was trading 0.25 per cent down at 1,16,240 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold for the October contract was trading over 0.3 per cent up at ...

August 26, 2025 6:03 PM

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Major Asian stock markets decline; European indices also in red

Major Asian stock markets dropped today. Hong Kong’s Hang Seng index slipped around 1.2 per cent, Japan’s Nikkei 225 ended down by nearly one per cent, South Korea’s Kospi Index dipped over 0.9 per cent, Shanghai Composite Index fell 0.4 per cent, and Singapore’s Straits Times Index closed flat with...

August 26, 2025 7:44 AM

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Union Finance Ministry introduces one-time switch facility from UPS to NPS

Union Finance Ministry has introduced a one-time one-way switch facility from the newly introduced Unified Pension Scheme (UPS) to the National Pension System (NPS). According to an official notification, this facility is available to UPS subscribers up to one year before their superannuation or thr...

August 25, 2025 7:18 PM

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Rupee Falls by 6 Paise to Close at 87.58 Against US Dollar

In the Forex market, the rupee today depreciated by 6 paise to close at 87 rupees and 58 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 97.92 in intra-day trade.

August 25, 2025 5:33 PM

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Sensex, Nifty Rise 0.4% on Positive Global Cues; Broader Market Mixed

Benchmark domestic equity indices ended the first day of week with gains of 0.4 per cent each, boosted by positive global cues. The Sensex rose 329 points, to close at 81 thousand and 636. Similarly, Nifty gained 98 points, to settle at 24 thousand 968.   The broader market indices at the Bomba...

August 25, 2025 1:47 PM

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FIBAC banking conference on ‘Charting new Frontiers’ inaugurated in Mumbai

A two-day FIBAC banking conference on 'Charting new Frontiers’ is inaugurated in Mumbai today. The conference is held on 25th & 26th August, jointly organised by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the Indian Banks’ Association (IBA). Addressing the gathering a...

August 25, 2025 12:22 PM

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Sensex, Nifty Climb Moderately Amid Sectoral Divergence

Benchmark domestic equity indices, Sensex and Nifty, were trading with moderate gains in the forenoon trade today. Sensex increased 278 points, to 81 thousand 585, and Nifty advanced 90 points, to 24 thousand 969, when reports last came in. On the sectoral front, IT, Realty and Consumer Durables wer...

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