Growth in India’s eight core infrastructure industries eased to 2.3 per cent in February, down from 3.4 per cent in the same month last year, reflecting weakness in energy-linked segments even as output expanded in several manufacturing-oriented sectors.According to official data, production of crude oil, natural gas and petroleum refinery products declined during the month,…
Benchmark equity indices Sensex and Nifty pared most of their sharp intra-day gains but still ended nearly half a per cent higher on Friday, supported by strong buying in IT, PSU bank and metal stocks amid persistent concerns over fuel-driven inflation.In a volatile trading session, the 30-share BSE Sensex climbed 325.72 points, or 0.44 per…
India’s foreign exchange reserves declined by $7.052 billion to $709.759 billion in the week ended March 13, according to data released by the Reserve Bank of India (RBI) on Friday.In the preceding reporting week, the country’s overall reserves had dropped by $11.683 billion to $716.81 billion. The reserves had earlier touched an all-time high of…
State run oil marketing companies on Friday increased the price of their premium-grade power petrol by over Rs 2 per litre, while keeping the prices of regular petrol and diesel unchanged.The revised rates apply to high-performance fuel variants, including BPCL’s Speed, HPCL’s Power and IOCL’s XP95, with prices increasing in the range of Rs 2.09…
Gold price prediction today (AI image) Gold price prediction today: Gold prices are range-bound and highly volatile in the current scenario, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,46,900 after witnessing a sharp decline followed by a recovery bounce. The price action indicates consolidation…
There is a chance that North American LPG will gain a stronger foothold in the Indian import mix. (AI image) India is turning to the US to mitigate its ongoing LPG supply crisis as the war rages on in the Middle East. India gets around 60% of its LPG needs from the Gulf region, and…
India has condemned attacks on commercial shipping in the Strait of Hormuz, calling them “unacceptable,” as the International Maritime Organization (IMO) urged coordinated action to safeguard civilian vessels in the Gulf region.Addressing the 36th extraordinary session of the IMO Council in London on Thursday, Vikram Doraiswamy, India’s ambassador to the UK, emphasised New Delhi’s commitment…
March 2026 bank holidays: Planning to visit the bank today? There is a lot of confusion among customers who are planning to visit the bank regarding the bank holiday for Ramadan 2026. The date of the Eid festival may vary from state to state depending on the timing of the sighting of the moon. Therefore,…
The rupee fell to a record low of 93.12 against the US dollar on Friday, pressured by rising global uncertainty and higher crude oil prices amid the ongoing Iran war.The domestic currency declined 0.55% to breach its previous low of 92.63 recorded yesterday, extending losses to nearly 2% since tensions in the Middle East escalated….
MUMBAI: Precious metal prices crashed on Thursday after oil rallied to a near three-year high, raising inflation concerns and the US Federal Reserve maintained a status quo on rates. As a result, the price of gold on New York Commodity Exchange (Comex) crashed nearly 6% and was trading just above the $4,600/ounce (Oz) in late…