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India's forex reserves increase to $698.95 billion

India's forex reserves increase to $698.95 billion

The country's forex kitty stood at $696.66 billion in the preceding week ended on June 6, registering an increase $5.17 billion. With a close to $7.5 billion rise over the fortnight, India's foreign exchange reserves are nearing the all-time high of $704.885 billion that was recorded at September-end last year. Jun 21, 2025
Indian stock market shrugs off midweek volatility, ends week on robust note

Indian stock market shrugs off midweek volatility, ends week on robust note

The Nifty 50 convincingly closed above the psychologically significant 25,000 mark on Friday, underscoring bullish momentum. At the closing bell, the Sensex rallied 1,046.30 points, or 1.29 per cent, to settle at a fresh high of 82,408.17, while the Nifty 50 advanced 319.15 points, or 1.29 per cent, to end at 25,112.40. Jun 21, 2025
RBI's Gold Loan Rules: A New Era for Lenders

Centre restricts import of certain precious metal alloys containing gold

This measure expands upon the existing restriction on the import of Platinum, "to now include the entire Customs Tariff Heading (CTH) 7110 at the 4-digit level, thereby ensuring uniformity in the import policy governing precious metals and their alloys," according to a Commerce Ministry statement. Jun 20, 2025
Sensex, Nifty open flat as investors await RBI's repo rate decision

India VIX falls below 14; eases market fears

Experts have highlighted that with the India VIX trading below the pivotal 15 mark, it reflects reduced volatility and an improvement in investor confidence. This could potentially support the current market uptrend, provided that other global and domestic cues remain stable. Jun 19, 2025
PM Modi greets Rahul Gandhi on birthday, wishes for his long and healthy life

PM Modi greets Rahul Gandhi on birthday, wishes for his long and healthy life

Rahul Gandhi's political lineage traces back to India's first Prime Minister, Jawaharlal Nehru. He is the grandson of former Prime Minister Indira Gandhi and the son of Rajiv Gandhi, India's sixth Prime Minister. His paternal grandfather, Feroze Gandhi, hailed from Gujarat and belonged to the Parsi community. Jun 19, 2025
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