Business

July 10, 2025 7:30 PM

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US stocks rise with expectations of trade negotiations with trading partners

US markets rose yesterday as sentiments eased at the Wall Street with expectations of trade negotiations with a number of trading partners.         The Dow Jones Industrial Average swung to gains, rising 0.7 per cent to 44,525.63, whereas the tech-heavy Nasdaq Composite gained 1 per cent to 2,621.53...

July 10, 2025 5:05 PM

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Domestic markets declined for second consecutive session

Domestic benchmark indices extended their losing streak for a second consecutive session today, pressured by increased volatility ahead of the weekly derivatives expiry. The market's subdued tone also reflected the absence of fresh triggers, as investors looked ahead to the June-quarter earnings sea...

July 8, 2025 7:13 PM

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Oil prices retreat after climbiling almost 2%

Crude oil prices retreated today, after climbing almost 2 per cent in the previous session. Brent Crude was trading nearly flat at 69 dollars and 57 cents per barrel, and WTI Crude was trading over 0.2 per cent down at 67 dollars and 79 cents per barrel, when reports last came in.

July 8, 2025 6:08 PM

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No directions to Banks to close inactive PM Jan Dhan accounts-FM

The Finance Ministry today clarified that no direction has been given to banks to close inactive Pradhan Mantri Jan Dhan accounts.  It came in the wake of media reports stating that the Department of Financial Services has asked banks to close such accounts. In a statement, the Ministry said it cons...

July 2, 2025 5:25 PM

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Domestic markets end with modest losses amid mixed global cues

  The benchmark domestic equity indices today pared early gains and ended with modest losses amid mixed global cues. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 288 points to close at 83 thousand 410. The National Stock Exchange Nifty-50 declined 88 points to settle at 25 thousa...

July 1, 2025 5:32 PM

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India achieves robust growth in production of key minerals

Production of key minerals and non-ferrous metals has witnessed robust growth in the current financial year. As per the data released by the Ministry of Mines, production of iron ore has increased from 52.7 million metric tonne in the last financial year to 53 million metric tonne in the current fin...

July 1, 2025 2:40 PM

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Remittances by Indians working abroad scale record high of $135 billion in FY25

The remittances sent back home by Indians working abroad have registered a 14 per cent rise in the financial year 2024-25 to a record 135.46 billion dollars, according to data compiled by the RBI. Indians working abroad sent home a record 129.4 billion dollars in 2024. The RBI said the inflows, clas...

June 30, 2025 8:52 PM

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Interest Rate on small saving schemes remains unchanged for next qrt

  The interest rates on various Small Savings Schemes have been kept unchanged for the second quarter of the current financial year, starting from 1st July, 2025 and ending on 30th September, 2025. The Finance Ministry has issued a notification in this regard. Following this, the Public Provident Fu...