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Searched Tag: economy
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India's exports hit record USD 863 billion in 2025-26

June 17, 2026, 04:56 PM - 4 min read

Speaking at the outreach programme titled "12 Years of Achievements and Progress of SEZs of Gujarat & Vision of Future" in Ahmedabad, Additional Secretary in the Department of Commerce Ajay Bhadoo said India's export sector had demonstrated remarkable resilience in the face of adverse global conditions.

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Hitesh Rameshchandra Joshi.

Hitesh Rameshchandra Joshi appointed CMD of GIC

June 17, 2026, 04:46 PM - 4 min read

Joshi formally assumed charge of the top position on June 16, taking over the reins of the organisation after serving in an interim capacity for several months.

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Easing crude oil prices: Stock markets extend rally to 4th day

June 17, 2026, 04:35 PM - 3 min read

The 30-share BSE Sensex advanced 347.14 points, or 0.45 per cent, to close at 77,155.62. During the trading session, the index climbed as much as 410.51 points, or 0.53 per cent, to touch an intraday high of 77,218.99.

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Rupee rises 10 paise, closes at 94.50 against US dollar

June 17, 2026, 04:27 PM - 3 min read

According to forex market participants, the domestic currency opened on a firm note as Brent crude slipped below the USD 79-per-barrel mark, with investors increasingly factoring in the reopening of the Strait of Hormuz following the recently announced US-Iran peace framework.

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RBI injects ₹72,300-cr liquidity via VRR auctions

June 17, 2026, 04:14 PM - 2 min read

VRR auctions are one of the RBI’s key liquidity management tools and are used to address temporary mismatches in liquidity conditions within the banking system.

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Silver tumbles to end three-day rally

Silver tumbles to end three-day rally

June 16, 2026, 05:08 PM - 2 min read

Analysts said the decline came a day after bullion prices surged on optimism that an agreement between Washington and Tehran could end months of conflict and reopen the Strait of Hormuz, a key artery for global energy trade.

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States’ spending surges 131 pc in 10 years: CAG

States’ spending surges 131 pc in 10 years: CAG

June 16, 2026, 04:57 PM - 3 min read

"Social and economic services together accounted for about two-thirds of total expenditure, reflecting states’ focus on welfare and development," said the CAG's Publication on State Finances 2024-25.

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Gold rush in vaults; Central banks pivot to bullion

Gold rush in vaults; Central banks pivot to bullion

June 16, 2026, 04:50 PM - 3 min read

The survey highlighted that gold's role during periods of crisis remains one of the strongest factors driving central bank demand.

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Stock markets rally on US-Iran peace deal; Sensex up 544 pts

Stock markets rally on US-Iran peace deal; Sensex up 544 pts

June 16, 2026, 04:35 PM - 3 min read

The upward momentum was driven by a buoyant trend across global equities and a continued decline in international crude oil prices, following a landmark peace agreement between the United States and Iran.

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Rupee gains 5 paise, settles at 94.53 against USD

Rupee gains 5 paise, settles at 94.53 against USD

June 16, 2026, 04:19 PM - 4 min read

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.61, lower by 0.01 per cent.

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Exports rise 18 pc to USD 45.2 bn in May

Exports rise 18 pc to USD 45.2 bn in May

June 15, 2026, 04:52 PM - 1 min read

Imports, too, grew 20.62 per cent to USD 73.41 billion in May, leaving a trade deficit of USD 28.21 billion.

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Sensex gains 736 points, Nifty nears 24,000

Sensex gains 736 points, Nifty nears 24,000

June 15, 2026, 04:40 PM - 3 min read

Dalal Street's strong upward momentum was directly fuelled by an engineered peace breakthrough between the US and Iran, which triggered a corresponding slide in global crude oil prices.

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