Business

August 24, 2025 5:38 PM

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FPIs invest ₹6,207 cr in Indian debt markets in August so far

Foreign investors pumped in 6,207 crore rupees into the Indian debt markets in August so far. However, as per the depositories data, foreign portfolio investors, or FPIs, have pulled out 22,040 crore rupees from the Indian equity markets till last week ending on 22nd of August. Reversing three month...

August 23, 2025 9:45 AM

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US Federal Reserve Chairman Jerome Powell indicates potential rate cut soon

US Federal Reserve Chairman Jerome Powell has indicated that a potential rate reduction could occur during September's central bank meeting. However, he maintained a balanced stance, refraining from making definitive commitments about interest rate cuts.   His comments acknowledged mounting con...

August 23, 2025 8:59 AM

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Two-day meeting of GST Council to begin on Sept 3

The 56th Meeting of the GST Council will be held on the 3rd and 4th of next month in New Delhi. Union Finance Minister Nirmala Sitharaman will chair the meeting. The last GST Council meeting was held at Jaisalmer in Rajasthan, in December last year, during which several decisions related to the Good...

August 22, 2025 9:21 PM

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Domestic fertiliser production witnessed tremendous growth in last decade

  The government today said that fertiliser availability is comfortable across states during the ongoing Kharif season. According to the Chemicals and Fertilizers Ministry, total Urea availability is 183 lakh metric tonnes against the pro-rata requirement of 143 lakh metrictonnes, and 155 lakh metri...

August 22, 2025 7:25 PM

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Gold and Silver Prices down

 In the Indian bullion market, 24 Karat Gold was trading 0.2 per cent down at 99,420 rupees per 10 grams, while Silver was also trading over 0.3 per cent down at 1,13,860 rupees per kilogram, a short while ago. At the Multi Commodity Exchange, gold for October contract was trading 0.2 per cent down ...

August 22, 2025 7:45 PM

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India’s forex reserves surged around 1.5 bn dollars by end of last week

  India's foreign exchange reserves rose around 1.5 billion dollars, reaching 695.1 billion dollars in the week ending on 15th of August. According to the Weekly Statistical Supplement released by the Reserve Bank of India, during the last week, foreign currency assets, a major component of the rese...

August 22, 2025 7:12 PM

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Asian Markets display positive trend

Asian stock markets displayed positive trend today. Shanghai Composite Index surged over 1.4 percent, Hong Kong’s Hang Seng index gained more than 0.9 per cent, South Korea’s Kospi Index advanced nearly 0.9 per cent, Singapore’s Straits Times Index moved 0.5 per cent up and Japan’s Nikkei 225 ended ...

August 22, 2025 7:14 PM

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Oil prices up marginally

     Crude oil prices rose marginally today. Brent Crude was trading flat at 67 dollars and 67 cents per barrel, and WTI Crude was trading over 0.1 per cent up at 63 dollars and 59 cents per barrel, when reports last came in.

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