Business

August 7, 2025 6:53 PM

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Gold, Silver prices trading up

In the Indian Bullion Market, 24 Karat Gold was trading over 0.1 per cent up at 1,01,500 rupees per 10 grams, while Silver was trading over 1.2 per cent up at 1,15,430 rupees per kilogram a short while ago.  At the Multi Commodity Exchange, gold for the October contract was trading over 0.1 per cent...

August 7, 2025 6:50 PM

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Asian indices end with gains, European trading mixed

Major Asian stock indices ended with gains today. South Korea's Kospi index rose over 0.9 per cent, Singapore's Strait Times index advanced more than 0.7 per cent, Hong Kong's Hang Seng index along with Japan’s Nikkei 225, both closed over 0.6 per cent up, while China's Shanghai Composite index inch...

August 7, 2025 6:56 PM

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Oil prices rise amid steady demand in US

Crude oil prices rose today, amid signs of steady demand in the United States, the world's largest oil consumer. Brent Crude was trading over over half per cent up at 67 dollars and 24 cents per barrel, and WTI Crude was also trading half per cent up at 64 dollars and 67 cents per barrel, when repor...

August 7, 2025 5:42 PM

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Rupee appreciates by 3 paise to close at 87.70 against US dollar

In the foreign exchange market, the rupee appreciated marginally by three paise to close at 87 rupees and 70 paise against the US dollar. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was at 98.18 in intra-day trade.

August 7, 2025 5:37 PM

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Domestic markets close with marginal gains

Benchmark domestic equity indices today ended marginally up led by IT sector. After a weak start, both the indices extended their losses during the afternoon trade weighed down by US President Donald Trump's tariff moves, however the indices staged a stellar recovery during last half an hour of trad...

August 6, 2025 4:31 PM

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Domestic markets end with modest losses for second straight session

  Benchmark domestic equity indices today ended with modest losses for second straight session. The market sentiment remained cautious as investor assessed the Reserve Bank of India’s monetary policy decision and continued concerns over US trade policies. Sensex dropped 166 points, or 0.21 per cent ...

August 6, 2025 2:48 PM

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RBI keeps repo rate unchanged at 5.5 percent

The Monetary Policy Committee (MPC) of the Reserve Bank of India today kept the repo rate unchanged at 5.5%, maintaining a neutral stance. Consequently, the standing deposit facility (SDF) rate will be at 5.25 percent and the marginal standing facility (MSF) rate and the Bank Rate at 5.75 per cent. ...

August 5, 2025 12:35 PM

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UPI Sets New Record with 707 Million Daily Transactions

The daily unified payments interface (UPI)-based transactions have crossed 700 million for the first time, touching 707 million. In a latest report released by the National Payments Corporation of India (NPCI), it showed that the feat was achieved on the 2nd of this month. Over the past two years, t...

August 4, 2025 7:54 AM

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India’s smartphone exports hit record high in 1st quarter of FY 2025-26

India’s smartphone exports hit a record high in the first quarter of the financial year 2025-26, with shipments reaching 7.72 billion dollars, a 58 per cent increase from 4.9 billion dollars in the same period last year. According to reports, Apple Inc. led the surge, exporting 6 billion dollars wor...

August 1, 2025 9:51 PM

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India’s Forex reserves surge to more than 2.7 bn dollars in July

India's foreign exchange reserves rose more than 2.7 billion dollars, reaching over 698.19 billion dollars in the week ending on 25th of July. 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...

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