Business

May 14, 2025 5:35 PM

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Rupee up by 7 paise to close at 87.27

In the forex market, the rupee today rose by seven paise to close at 85 rupees and 27 paise against the US dollar supported by gains in domestic equities and positive macroeconomic data. The dollar index, which indicates US dollar's strength against a basket of six other leading currencies, was trad...

May 14, 2025 5:11 PM

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Domestic stock markets end with modest gains

The benchmark domestic equity indices today ended with modest gains, supported by buying across most sectors following softer-than-expected inflation prints and easing geopolitical concerns. The 30-share index at the Bombay Stock Exchange, Sensex, rose 182 points, or 0.22 percent to close at 81,331....

May 14, 2025 1:11 PM

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India’s WPI inflation eases to 0.85% in April 2025

India’s wholesale price index (WPI)-based inflation eased significantly to 0.85 per cent in April this year. The Ministry of Commerce and Industry said this in the data released today. The WPI inflation was at 2.05 per cent in March.   The data showed that the annual rate of inflation based on ...

May 13, 2025 8:45 PM

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India’s defence stocks surge nearly 9% after PM Modi push for Made in India

Indian defence stocks surged up to nine per cent in today's trade session after Prime Minister Narendra Modi's push for 'Made in India' defence  equipments. Mr Modi, in his first address to the Nation yesterday post Operation Sindoor, emphasized that time has come for Made in India military gear. He...

May 13, 2025 9:33 PM

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Oil prices rise but gains capped

Oil prices rose today. However, gains were capped as traders assessed whether the pause in US and China trade war will lead to a long term deal. Brent Crude was trading over 0.8 per cent up at 65 dollars and 52 cents per barrel. WTI Crude was trading one per cent up at 62 dollars and 57 cents per ba...

May 13, 2025 5:35 PM

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India’s retail inflation eases to a 6-year low of 3.16% in April

India's retail inflation eased to 3.16 percent in April from 3.34 percent in March, driven by significant easing in food prices. According to data released by the Ministry of Statistics and Programme Implementation, it is the lowest year-on-year inflation after July, 2019. Meanwhile, inflation in ru...

May 12, 2025 8:03 PM

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Gold prices down by 3.7 %, at Rs 93,320/10gm

In the Indian Bullion Market, 24 Karat Gold was trading almost 3.7 percent down at 93,320 rupees per 10 grams, while Silver 999 Fine was also trading over 1.7 percent down at 95,180 rupees per kilogram a short while ago. At the Multi Commodity Exchange, gold for the June contract was trading over 3....

May 11, 2025 5:43 PM

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Foreign investors infuse over Rs 14,000 crore into equity in May

Foreign investors pumped in over 14,000 crore rupees into the Indian equities market so far in May, largely driven by favourable global cues. According to the depository's data, Foreign Portfolio Investors, or FPIs, made an investment of 14,167 crore rupees in equities till May 9. However, FPIs took...

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