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May 22, 2025 6:01 PM

US markets close sharply lower

US stocks closed sharply lower on Wednesday as Treasury yields soared on concerns that the country's federal debt would swell if Congress passed President Donald Trump's proposed tax-cut bill. The Dow Jones Industrial Average shed 1.91 percent, S&P 500 lost 1.61 percent, and Nasdaq Composite d...

May 22, 2025 4:58 PM

Sensex down by 645 pts, Nifty dips 204 pts at close

  The benchmark domestic equity indices today slipped into negative territory, weighed down by weak global cues. The 30-share index at the Bombay Stock Exchange, Sensex, dropped 645 points, or 0.79 percent to close at 80,952. The National Stock Exchange Nifty-50 dipped 204 points, or 0.82 percent ...

May 21, 2025 8:55 PM

FRI to detect financial fraud on mobiles

Department of Telecommunications (DoT) has introduced Financial Fraud Risk Indicator (FRI), a multi- dimensional analytical tool to empower financial institutions with advance actionable intelligence for cyber fraud prevention. This will enhance cyber protection and validation checks in case of mobi...

May 21, 2025 6:03 PM

Eight core industries record 0.5% growth in April 2025

The combined Index of Eight Core Industries (ICI) expanded by 0.5 per cent in April this year compared to the same period a year ago, according to a government release on Tuesday. The index measures the production of eight core industries and constitutes about two-fifths of the country’s industr...

May 19, 2025 5:34 PM

GeM emerges as largest procurement platform globally 

  Government e-Marketplace (GeM) has emerged as one of the World's largest and most efficient public e-procurement platforms, setting new benchmarks in accessibility and affordability. The Chief Executive Officer of GeM, Mihir Kumar said this while addressing a press conference in New Delhi on the...

May 18, 2025 7:31 PM

Foreign Investors Pour ₹18,600 Cr into Indian Stocks in May

Foreign investors pumped in over 18,000 crore rupees into the Indian equities market so far in May on global positive cues and improving domestic conditions. According to the depository's data, the Foreign Portfolio Investors, or FPIs, invested 18,620 crore rupees into the equities market but pulled...

May 16, 2025 9:25 PM

Gold and Silver Prices Dip Over 1% in Indian Bullion Market

In the Indian Bullion Market, 24 Karat Gold was trading over one percent down at 92,620 rupees per 10 grams, while Silver 999 Fine was trading over 1.2 percent down at 94,860 rupees per kilogram a short while ago.   At the Multi Commodity Exchange, gold for the June contract was trading over one ...

May 16, 2025 8:32 PM

Oil Prices Rise Slightly on Easing US-China Tensions, Capped by Supply Outlook

Oil prices edged up today amid easing US and China trade tension, but gains were capped due to higher supply expectations from Iran and OPEC+. Brent Crude was trading over 0.3 per cent up at 64 dollars and 77 cents per barrel. WTI Crude was also trading over 0.3 per cent up at 61 dollars and 83 cent...

May 16, 2025 8:29 PM

India’s Forex Reserves Jump $4.55 Billion to Record $690.6 Billion

India's foreign exchange reserves rose by 4.55 billion dollars, reaching 690.6 billion dollars in the week ending 9th May. 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 reserves, were up b...

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