Economy News

India's forex rises by $4.03 billion to $698.26 billion, gold reserves jump

Gold reserves rise by $360 million; India's forex reserves stand at $702.57 billion

The reserves also include special drawing rights (SDRs) and India's reserve position with the International Monetary Fund (IMF), which stood at $18.88 billion and $4.76 billion, respectively.

22 days ago

Festive sales jump 23–25 pc in first 2 days of Navratri over GST cuts: Report

The new GST rates, which came into effect on September 22, have directly lowered the cost of many popular products. Large-screen TVs, for example, saw GST reduced from 28 per cent to 18 per cent, leading to a 6–8 per cent fall in retail prices.

22 days ago

11 years of Make in India: PM Modi hails transformative impact, says laid foundation for Aatmanirbharta

PM Modi gives call to adopt Swadeshi products; says 'buy Made in India, build Atmanirbhar Bharat'

PM Narendra Modi said that every rupee spent on Indian-made goods empowers local artisans, farmers, and workers while contributing directly to the country's development.

23 days ago

muhurat trading samvat 2073 bse nse sensex nifty gainers losers trading investors gold dhanteras diwali 2016 top gainers top losers top picks

Sensex, Nifty open marginally lower over mixed global cues, FII outflows

The broadcap indices, Nifty Midcap 100 and Nifty Smallcap 100, dipped by 0.04 per cent. Hindalco, Dr. Reddy's Labs, ONGC, Tata Steel, and Tata Consumer were among major gainers on the Nifty pack, while losers included Tata Motors, Bajaj Finance, Titan Company, Maruti Suzuki and Hero MotoCorp.

24 days ago

Adani Portfolio's EBITDA growth surged 57 pc to Rs 89,806 crore in just 2 fiscals: Gautam Adani

"This is an addition of nearly Rs 2 lakh crore, a 48 per cent rise in just two years. At the same time, we delivered transformative projects that have reshaped India's infrastructure landscape and strengthened its global standing," said the billionaire industrialist in a letter to the shareholders.

24 days ago

Jan 1, 1970

Gold surges over Rs 3,300 in this week, Silver crosses Rs 1.28 lakh mark

Gold outperforms equities for the 4th consecutive Diwali cycle

MCX gold has gained approximately 40 per cent since last Diwali, while the Nifty 50 rose around 5 per cent in the same timeframe. In 2024, Diwali-to-Diwali returns of gold was 32 per cent, compared to a 24 per cent rise in the Nifty. In 2023, gold rose by 21 per cent, while the benchmark index only advanced by 10 per cent.

24 days ago

Jan 1, 1970

After GST rate cut, govt waives mandatory re-labelling of medicines

"All manufacturers/ marketing companies selling drugs/ formulations shall revise the Maximum Retail Price (MRP) of drugs/formulations (including medical devices). The manufacturers/ marketing companies shall issue a revised price list or supplementary price list to dealers and retailers for display to consumers, and to State Drug Controllers and the Government, reflecting the revised GST rates and revised MRP," the NPPA said.

Sep 16, 2025

Milk gets cheaper by Rs 2/litre as Mother Dairy cuts prices after GST reforms

The development comes on the back of a major revamp in GST, under which the government has provided relief to citizens by reducing taxes on essential food items and stationary products. Tax rates were slashed down to 5 per cent and nil, from the earlier 12 per cent and 18 per cent slab.

Sep 16, 2025

Sensex, Nifty open with gains as potential rate cut in US boosts sentiment

Sensex, Nifty open higher as India-US trade talks set to resume

Kotak Mahindra, Axis Bank and Hero Motocorp were the top gainers on NSE Nifty 50 index. Titan Company, SBI Life Insurance, Asian Paints and Tata Consumer Products weighed on the Nifty 50 index.

Sep 16, 2025

Jan 1, 1970

Airbnb adds Rs 113 billion to India's GDP, supports 1.11 lakh jobs last year: Report

Airbnb-supported tourism helped support approximately 38,000 jobs in transport and storage, 19,600 in food and beverage services, 16,800 in wholesale and retail trade, and 10,700 in manufacturing.

Sep 9, 2025

India's forex reserves surge by $ 3.51 billion to $694.23 billion

The gold component of the forex reserves increased by $1.77 billion to $86.77 billion at the end of the week. Central banks worldwide have accumulated substantial amounts of gold as a safe-haven asset in their foreign exchange reserves amid uncertainty created by geopolitical tensions. The share of gold maintained by the Reserve Bank of India (RBI) as part of its foreign exchange reserves has almost doubled since 2021.

Sep 5, 2025

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Economy News

Gold reserves rise by $360 million; India's forex reserves stand at $702.57 billion

Festive sales jump 23–25 pc in first 2 days of Navratri over GST cuts: Report

PM Modi gives call to adopt Swadeshi products; says 'buy Made in India, build Atmanirbhar Bharat'

Sensex, Nifty open marginally lower over mixed global cues, FII outflows

Adani Portfolio's EBITDA growth surged 57 pc to Rs 89,806 crore in just 2 fiscals: Gautam Adani

Gold outperforms equities for the 4th consecutive Diwali cycle

After GST rate cut, govt waives mandatory re-labelling of medicines

Milk gets cheaper by Rs 2/litre as Mother Dairy cuts prices after GST reforms

Sensex, Nifty open higher as India-US trade talks set to resume

Airbnb adds Rs 113 billion to India's GDP, supports 1.11 lakh jobs last year: Report

India's forex reserves surge by $ 3.51 billion to $694.23 billion

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

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Is exhibiting cleavage mandatory? Malaika Arora opts for low neck sleeveless outfit at event in Vrindavan, leaves netizens furious

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