Latest News

Markets climb in early trade mirroring firm global trends, foreign fund inflows

Mumbai, Jun 11 (PTI) Equity benchmark indices Sensex and Nifty climbed in initial trade on Wednesday following a rally in global markets amid US-China trade talks optimism and foreign fund inflows. The 30-share BSE Sensex rose 118.11 points to 82,509.83 in early trade. The 50-share NSE Nifty went up by 33.3 points to 25,137.55. From the Sensex firms, Eternal, Reliance Industries, Mahindra & Mahindra, Tata Motors, NTPC and Tata Steel were among the biggest gainers. Kotak Mahindra Bank, HDFC Bank, Power Grid, Larsen & Toubro, IndusInd Bank and Axis Bank were among the laggards. In Asian markets, South Korea’s Kospi,

Rupee rises 6 paise to 85.51 against US dollar in early trade

Mumbai, Jun 11 (PTI) The Indian rupee rose 6 paise to 85.51 against the US dollar in early trade on Wednesday, aided by strong FII inflows and a decline in global crude oil prices. The rupee could move within a range of 85.40-90 during the day, with the mid-month demand coming up for oil, defence, and government payments, forex traders said. At the interbank foreign exchange, the rupee opened at 85.53 against the greenback before inching up to 85.51, higher by 6 paise from its previous close. The domestic unit rose 9 paise to settle at 85.57 on Tuesday. “The

Constitution is quiet revolution empowering marginalised: CJI Gavai

New Delhi, Jun 11 (PTI) Chief Justice of India (CJI) B R Gavai has described the Constitution as a “quiet revolution etched in ink” and a transformative force that not only guarantees rights but actively uplifts the historically oppressed. Speaking at the Oxford Union on the theme ‘From Representation to Realisation: Embodying the Constitution’s Promise’ on Tuesday, the CJI, the second Dalit and the first Buddhist to hold India’s highest judicial office, highlighted the positive impact of the Constitution on marginalised communities and gave his example to drive home the point. “Many decades ago, millions of citizens of India were

World Bank retains India’s FY26 growth at 6.3 pc amid global uncertainties

Washington, Jun 10 (PTI) World Bank on Tuesday pegged India’s economic growth projection at a lower level of 6.3 per cent for 2025-26 due to pressure on exports emanating from global uncertainties, though the country will remain the fastest growing major global economy. In April, the World Bank had lowered India’s growth projection for 2025-26 to 6.3 per cent from its January forecast of 6.7 per cent. According to the World Bank’s latest Global Economic Prospects report, heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of

1 … 680 681 682 683 684 … 1,389