Business

June 15, 2026 7:11 AM

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Oil prices down as US & Iran to end 107-day war

The US and Iran finalised a deal to end their 107-day war and open the Strait of Hormuz, the narrow waterway used to ferry one-fifth of the global oil supplies. US President Donald Trump made the announcement of Truth Social last night, saying America will end its naval blockade on Iranian ports. Oi...

June 12, 2026 6:25 PM

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Asian & European markets up

Asian stock market indices edged higher today. South Korea’s Kospi surged 4.6 per cent, Japan's Nikkei 225 soared 2.8 per cent, Taiwan's Taiex climbed 2.4 per cent, Hong Kong's Hang Seng jumped 1.9 per cent, China’s Shanghai Composite advanced 1.1 per cent, and Singapore's Strait Times rose 0.8 per ...

June 12, 2026 6:04 PM

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India’s retail inflation accelerated to 3.93% in May

  India’s retail inflation accelerated to 3.93 per cent in May this year on an annual basis, rising for the fifth consecutive month under the new series. The inflation print was moderately higher from 3.48 per cent recorded in April. According to data released by the Ministry of Statistics and Progr...

June 12, 2026 6:09 PM

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Gold, Silver prices up

In the Indian bullion market, 24 carat Gold was trading 0.7 per cent up at 1 lakh 50 thousand 520 rupees per 10 grams, while Silver was trading 0.9 per cent higher at 2 lakh 43 thousand 550 rupees per kilogram, a short while ago.  At the Multi Commodity Exchange, gold for August contract was trading...

June 12, 2026 6:22 PM

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Rupee appreciates by 65 paise to close at 95.11 against US dollar

  In the forex market today, the rupee appreciated by 65 paise to close at 95 rupees and 11 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 99.74 in intra-day trade.  

June 11, 2026 2:01 PM

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Wall Street ends lower as chip stocks slide and US-Iran tensions rise

Wall Street ended lower yesterday as chipmaker stocks continued their recent slide, while renewed tensions between the United States and Iran heightened investor uncertainty. Among the major indices, The Nasdaq Composite Index plunged two per cent, the Dow Jones Industrial Average shed 1.9 per cent ...

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