Business

February 16, 2026 7:09 PM

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Rupee depreciates marginally to close at 90.65 against US dollar

  In the forex market today, the rupee dipped marginally to close at 90 rupees and 65 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 97.01 in intra-day trade.  

February 16, 2026 7:06 PM

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Asian markets close on mixed note, European indices trading up

  Major Asian indices closed on a mixed note today. China's Shanghai Composite Index declined over 1.2 per cent, South Korea’s Kospi index fell 0.3 per cent and Japan's Nikkei 225 index dipped over 0.2 per cent. On the other hand, Hong Kong's Hang Seng index gained over a half per cent and Singapore...

February 16, 2026 5:51 PM

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Sensex, Nifty end in green territory

    Benchmark domestic equity indices, the Sensex and the Nifty witnessed a strong rally today. The Sensex climbed 650 points or 0.79 per cent to close at 83 thousand 277. The Nifty also added 211 points or 0.83 per cent to settle at 25 thousand 682. The rebound was driven by value buying in realty,...

February 11, 2026 8:19 PM

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Crude oil prices up amid rising geopolitical tensions     

              Global crude oil prices rose today, supported by rising geopolitical tensions as US-Iran negotiations remained uncertain. Additionally, declines in major crude stockpiles signalled stronger demand, further boosting prices. Brent Crude was trading 1.8 per cent up at 70 US dollars and fo...

February 10, 2026 8:03 PM

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RBI Proposes Draft Amendments to Urban Co-operative Bank Lending Norms

The Reserve Bank of India (RBI) today issued draft amendment directions to review lending norms for Urban Co-operative Banks.     The proposals were announced as part of the Statement on Developmental and Regulatory Policies dated 6th February, 2026. The draft directions have been issued by the RBI’...

February 10, 2026 5:20 PM

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Dept of Posts signs MoU with NSE to enable Mutual Fund distribution

The Department of Posts (DoP) signed a Memorandum of Understanding (MoU) with National Stock Exchange of India Limited (NSE) to enable the distribution of mutual fund products through India Post’s extensive postal network in New Delhi today. Under this MoU, selected employees of the Department of Po...