Authorised banks and standalone primary dealers access the foreign exchange market for market making, balance sheet management and hedging of risks. Photograph: Francis Mascarenhas/Reuters Key Points An authorised dealer may also undertake transactions on ETPs outside India They can borrow
A total of 2,447 stocks advanced, while 1,756 declined and 149 remained unchanged. Photograph: Danish Siddiqui/Reuters Key Points NSE Nifty advanced 42.65 points Broader indices also traded firm Defence stocks gained 1.3 per cent Stock markets closed higher for the
Government sources suggesting that Gates will not attend the Summit may be due to his name figuring in files relating to the late sex offender Jeffrey Epstein. Photograph: ANI Photo Key Points Gates was listed as a keynote speaker on
Kuldeep Jain, CMD of Mumbai-based Brookfield Corp-backed renewable energy provider, CleanMax Enviro Energy Solutions, said demand from large corporates and artificial intelligence (AI) data centre companies is driving renewable energy capacity expansion, with long-term power contracts supporting cash flow visibility.
Mutual Fund SIP calculator: Genius doesn’t do different things; they do things differently. Similarly, a smart investor becomes a millionaire or a billionaire by investing wisely. For example, if a normal investor starts a monthly equity mutual fund SIP of
In 2025, the Maruti Suzuki Dzire emerged as India’s top-selling car, while sport utility vehicles continued to rule the broader passenger vehicle market, capturing almost 55 per cent of the segment, according to Auto Punditz, that analyses data related to
The two countries have now finalised an interim trade deal, under which the US has removed 25 per cent punitive duties on Indian goods from February 7, while the reciprocal tariffs will be cut down to 18 per cent from
Cumulatively during April-January 2025-26 fiscal, India’s exports rose by 2.22 per cent to $366.63 billion. Photograph: Tatiana Meel/Reuters Key Points Cumulatively during April-January 2025-26 fiscal, the country’s exports rose by 2.22 per cent Imports grew 7.21 per cent to $649.86
Positive rate of inflation in January 2026 is primarily due to increase in prices of manufacture of basic metals, other manufacturing, non-food articles, food articles, and textiles. Photograph: Anushree Fadnavis/Reuters Key Points Non-food articles category inflation spiked to 7.58% in
India’s new Consumer Price Index (CPI) series is expected to provide better coverage of consumption patterns and price tracking, while upcoming gross domestic product (GDP) methodology changes are unlikely to cause sharp changes in headline growth numbers, according to Saurabh
