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Latest News

India’s services growth picks up in August but stays near four-year low, PMI shows

September 3, 2026
General

Bengaluru, Sept 3 (Reuters) – India’s dominant services sector accelerated slightly in August but persistently subdued new business kept overall activity near ​its weakest in more than four years, a survey ‌showed, though firms ramped up hiring at the fastest pace in over a year. HSBC’s India Services Purchasing Managers’ Index (PMI), compiled by S&P ​Global, rose to 54.1 in August from July’s 53.3, ​but was slightly lower than a preliminary estimate of 54.5. A ⁠PMI above 50.0 signals expansion in activity. However, the ​headline reading was fractionally below its long-run average. New business – ​the survey’s primary demand indicator

Sensex, Nifty rebound in early trade after 3-day slide; bank stocks lead recovery

September 3, 2026
General
Sensex, Nifty rebound in early trade after 3-day slide; bank stocks lead recovery

Mumbai, Sep 2 (PTI): Benchmark equity indices Sensex and Nifty rebounded in early trade on Thursday after three sessions of losses, helped by buying in blue-chip bank stocks and a firm trend in global markets. The 30-share BSE Sensex climbed 334.16 points, or 0.44 per cent, to 76,904.51 in morning trade. The 50-share NSE Nifty advanced 95.45 points to 24,009.90. Tata Steel, Adani Ports, Axis Bank, ICICI Bank, State Bank of India, HDFC Bank, Power Grid, Eternal, Larsen & Toubro, Bharti Airtel and UltraTech Cement were among the major gainers from the Sensex pack. Tech Mahindra, HCL Technologies, Infosys, Tata

Rupee jumps 47 paise to 94.26 against US dollar in early trade

September 3, 2026
General
Rupee jumps 47 paise to 94.26 against US dollar in early trade

New Delhi, Sep 3 (PTI): The rupee appreciated 47 paise to 94.26 against the U.S. dollar in early trade on Thursday (September 3, 2026), supported by much higher than expected FCNR (B) deposits mobilisation. Forex traders said the rupee’s movement reflects strong underlying inflows and aggressive RBI intervention offsetting the negative impact of higher crude oil prices and global yields. At the interbank foreign exchange market, the rupee opened at 94.30 against the U.S. dollar, then gained ground to touch 94.26, registering a gain of 47 paise from its previous close. On Wednesday (September 2), the rupee settled at 94.73

Gold futures slip for 7th day, drop to Rs 1.5 lakh/10g amid US-Iran tensions

September 2, 2026
General

New Delhi, Sep 2 (PTI) Gold futures fell for the seventh consecutive session on Wednesday, falling Rs 1,559 to Rs 1.5 lakh per 10 grams as renewed military exchanges between the US and Iran pushed oil rates higher and heightened concerns over inflation and interest rates. On the Multi Commodity Exchange (MCX), the yellow metal futures for October delivery declined by Rs 1,559, or 1.03 per cent, to Rs 1,50,170 per 10 grams from Tuesday’s closing level of Rs 1,51,729 per 10 grams. The December contract also plunged by Rs 1,753, or 1.14 per cent, to Rs 1,51,540 per 10

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Gold rebounds Rs 1,200 as bargain buying, easing crude oil prices lift sentiment

Gold rebounds Rs 1,200 as bargain buying, easing crude oil prices lift sentiment

New Delhi, Sep 16 (PTI) Gold prices snapped a three-session

Petition filed in Supreme Court to challenge imposition of MDR on UPI payments of above Rs 2,000

New Delhi, Sep 16 (PTI) A public interest litigation (PIL)

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