The rupee settled at its all-time closing low of 91.99 against the US dollar on Wednesday, weighed down by persistent foreign fund selling and risk-off sentiment in global markets, even as softer crude prices and a weaker dollar offered limited relief, PTI reported. At the interbank foreign exchange, the domestic unit opened at 91.95 and … Read more
The intent around the proposed Pesticides Management Bill, 2025 marks a significant move as it aims to align India’s regulatory framework with contemporary realities. (AI image) By Susheel KumarIndian agriculture stands at an important inflection point. On the one hand, the country speaks with confidence of becoming a global food powerhouse, a trusted supplier to … Read more
US stocks were largely directionless on Thursday, trading close to record highs as investors sifted through mixed earnings from some of Wall Street’s most influential companies, while gold surged further in an extraordinary safe-haven rally.The S&P 500 edged up by less than 0.1% and hovered near its all-time high set earlier this week. The Dow … Read more
Photo credit- AP The US government is set to roll out “Trump Accounts”, a new tax-advantaged investment programme aimed at boosting long-term savings for children, with more than 500,000 families already signed up ahead of its launch this summer, according to a Reuters report.Under the scheme, the US Treasury will deposit $1,000 as seed money … Read more
India’s strongest macroeconomic performance in decades has collided with a global system that no longer rewards macroeconomic success. (AI image) Economic Survey 2025-26: India stands tall in the global economic order – as the world’s fastest growing major economy that is exhibiting resilience in the face of global economic turmoil and Donald Trump’s tariff threat. … Read more
As more Indians participate in a widening range of investments, from financial instruments to property, the question of how gains are taxed is becoming increasingly relevant to middle-class taxpayers too. Whether it is selling shares after a market rally, redeeming mutual fund units, or transferring a house or plot of land, long-term capital gains or … Read more
Benchmark equity indices Sensex and Nifty ended higher on Thursday after recovering from sharp early losses, supported by buying in heavyweight Larsen & Toubro and optimism following the Economic Survey’s growth outlook for the next financial year.The 30-share BSE Sensex rose 221.69 points, or 0.27 per cent, to close at 82,566.37. The index had slipped … Read more
Gold and silver prices are likely to remain elevated unless global geopolitical tensions ease and trade wars are resolved, the Economic Survey 2025–26 said, pointing to sustained safe-haven demand amid heightened uncertainty.The survey, tabled in Parliament, noted that both precious metals touched lifetime highs in 2025, driven by a weakening US dollar, expectations of persistently … Read more
Finance minister Nirmala Sitharaman (AI-generated image) NEW DELHI: The Union Budget for the 2026–27 fiscal year is set to be presented on February 1, a Sunday, with finance minister Nirmala Sitharaman poised to table her ninth consecutive Budget in Parliament. The Budget will lay out the Centre’s statement of accounts, economic priorities, fiscal strategy and … Read more
Dalal Street might be headed for its worst beginning in a decade and now all eyes are on what the government will announce in the upcoming Budget. With equities, the rupee and bonds all under strain, more and more investors are looking to the Union Budget 2026 for measures that could restore confidence and boost … Read more