BUSINESS

Sensex crashes 1,337 points, Nifty down 415 as Israel-Iran tensions flare
June 14, 2025

Sensex crashes 1,337 points, Nifty down 415 as Israel-Iran tensions flare

Indian markets tanked on Friday as geopolitical tensions escalated after Israel’s strike on Iran. Sensex and Nifty dropped over 1.6%,…
Asian shares slide while oil prices surge after Israel’s strike on Iran
June 14, 2025

Asian shares slide while oil prices surge after Israel’s strike on Iran

US benchmark crude oil rose by $5.6, or 8.2%, to $73.61 per barrel. Brent crude, the international standard, increased by…
NPCI, IDRBT join hands to bolster security for digital payments
June 13, 2025

NPCI, IDRBT join hands to bolster security for digital payments

NPCI and IDRBT will jointly offer specialised training programmes for technology and cyber security professionals in the banking and digital…
Rupee slips 7 paise to 85.60 against US dollar amid equity selloff and higher crude prices
June 13, 2025

Rupee slips 7 paise to 85.60 against US dollar amid equity selloff and higher crude prices

The rupee fell 7 paise to close at 85.60 against the dollar on Thursday, tracking a sharp sell-off in domestic…
Coal India employees to wear uniforms from July; Rs 12,500 advance announced to each employee
June 13, 2025

Coal India employees to wear uniforms from July; Rs 12,500 advance announced to each employee

The objective behind the dress code is to bring uniformity and presentability among the PSU’s employees, while reinforcing the company’s…
Building India’s rare earth magnet ecosystem: A strategic imperative
June 13, 2025

Building India’s rare earth magnet ecosystem: A strategic imperative

As China clamps rare-earth exports, India charts a strategic roadmap; domestic mining, homegrown processing, alternative suppliers and R&D, to safeguard…
No Merchant Discount Rate will be charged on UPI transactions: Finance Ministry
June 13, 2025

No Merchant Discount Rate will be charged on UPI transactions: Finance Ministry

Merchant Discount Rate is the cost paid by a merchant to a bank for accepting payment from their customers via…
Sensex and Nifty open higher but fall on global cues, Middle East tensions
June 13, 2025

Sensex and Nifty open higher but fall on global cues, Middle East tensions

Indian benchmark indices opened higher on Thursday but soon turned negative, pressured by weak global markets, geopolitical tensions in the…
Rupee rises 7 paise to 85.46 against US dollar amid weak greenback, crude drop
June 13, 2025

Rupee rises 7 paise to 85.46 against US dollar amid weak greenback, crude drop

The rupee appreciated by 7 paise to 85.46 against the US dollar, supported by a weak dollar index, falling crude…
Syria’s economic recovery will require ‘substantial’ support, says IMF
June 12, 2025

Syria’s economic recovery will require ‘substantial’ support, says IMF

Following the 2024 ousting of Bashar al-Assad, countries are renewing ties with Syria. The IMF is planning reforms and capacity-building,…
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