Asia

India's forex reserves jump $1.49 billion to $695.11 billion

An increase in the country's foreign exchange kitty gives the RBI more headroom to strengthen the rupee vis-a-vis the US dollar. Adequate forex reserves enable the RBI to intervene in the spot and forward currency markets by releasing more dollars to prevent the rupee from going into a free fall and curbing its volatility.

Aug 22, 2025

Gold prices slip as dollar strengthens ahead of Powell speech

Gold prices edged lower on Friday on a stronger dollar while investors awaited U.S. Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole symposium that could offer fresh clues on the monetary policy path.

Aug 22, 2025

Indian stock market opens lower amid mixed global cues

Broader markets started the day mixed, as the Nifty midcap 100 index edged up slightly by 0.06 per cent, while Nifty smallcap index 100 fell by 0.24 per cent.

Aug 22, 2025

India's growth story strong as capital markets hit $5 trillion: DIPAM Secretary

Speaking at the 22nd edition of FICCI's Annual Capital Markets Conference (CAPAM 2025) here, Chawla said that the government has developed a composite growth and asset management strategy to strengthen capital markets in an integrated way.

Aug 21, 2025

Indian stock market opens higher, Sensex above 83,400

Indian stock market ends higher amid GST rate overhaul

Sensex closed at 82,000.71, up 142.97 points or 0.17 per cent. Continuing the rally for the fourth consecutive session, the 30-share index opened with a decent gap-up at 82,220.46 against last session's closing of 81,857.84. However, the index remained range-bound amid profit booking in the Auto and FMCG sectors.

Aug 21, 2025

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India Inc's steepest earnings downgrades slashes forecasts amid US tariffs threat

Indian companies have seen the steepest earnings downgrades in Asia, with analysts slashing forecasts as steep U.S. tariffs heighten risks to growth even if proposed domestic tax cuts help cushion the impact.

Aug 21, 2025

India's economy continues on fast-growth track: CEA Nageswaran

India's private sector sees record expansion in August; signals booming economy

India's private sector activity expanded at the fastest pace on record in August, powered by a historic surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on Thursday.

Aug 21, 2025

Indian stock market ends lower amid US tariff jitters, Sensex declines 765 points

Stock market gains in early trade, Nifty holds at 25,000 amid mixed global cues

In the Nifty pack, SBI Life Insurance led the gainers with 1.20 per cent surge. Bajaj Finserv, Trent and Tata Motors were the other major gainers. Hindustan Unilever Ltd (HUL), Tata Consumer Products, JSW Steel and Asian Paints were major losers.

Aug 21, 2025

Rupee slips as corporate hedging boosts dollar demand

The Indian rupee slipped on Wednesday, as corporate hedging and short-term speculators bolstered demand for the greenback, most of which was met by dollar sales by foreign banks.

Aug 20, 2025

Indian stock market rally continues for 3rd consecutive day, Sensex jumps 213 points

The market sustained its positive momentum, supported by strong domestic inflows. Sensex ended the session at 81,857.84, up 213.45 points or 0.26 per cent. The 30-share index opened with a marginal gain at 81,671.47 against last session's closing of 81,644.39.

Aug 20, 2025

Sensex, Nifty open lower amid uncertainty around Trump tariffs

Nifty, Sensex slip marginally in early trade amid mixed global cues

The NSE's benchmark index Nifty had rallied 364 points in the last three days on the back of positive announcements relating to GST reforms, likely to be implemented before Diwali.

Aug 20, 2025

Indian stock market rally continues, Sensex jumps 370 points

Sensex settled at 81,644.39, up 370 points or 0.46 per cent. The 30-share index started the session with a decent gap-up at 81,39.11 against last session's closing of 81,273.75. Continuing the last session's gaining momentum, the index touched an intra-day high at 81,755.88, buoyed by buying in auto, FMCG, oil and gas and others.

Aug 19, 2025

Sensex, Nifty trade flat after mild early losses; realty stocks gain

Nifty, Sensex open higher amid positive buzz on GST reforms

Sensex gained 195.01 points or 0.24 per cent in the morning session to touch 81,468, while Nifty 50 rose by 46.30 points or 0.19 per cent to 24,923.

Aug 19, 2025

117 people arrested for fake GST registrations in 2 fiscal years: Minister

Over 100 people arrested for fake GST registrations in 2 fiscal years: Minister

Two special drives against fake Input Tax Credit and fake registrations were launched during the financial year 2023-24 and 2024-25 in coordination between the state and Central GST administrations, Minister of State for Finance, Pankaj Chaudhary, said in a written reply to a question in Lok Sabha.

Aug 18, 2025

No proposal to impose transaction charges on UPI payments, reiterates Centre

Unified Payment Interface (UPI) transactions are facilitated by the National Payment Corporation of India (NPCI), and its circular (dated 30.08.2019) had permitted the acquiring banks to charge Merchant Discount Rate (MDR) at 0.30 per cent of the transaction value.

Aug 18, 2025

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