Latest News

President Trump hints at trade deal with India soon; says US will have access to Indian market

Washington, Jul 16 (PTI) President Donald Trump has indicated that the ongoing negotiations between India and the US for a much-anticipated interim trade deal are on track and it could be sealed soon. Trump said the proposed deal could provide American companies greater access to the Indian market in line with the trade pact between the US and Indonesia. India and the US have been holding negotiations for the trade pact primarily to keep the tariffs below 20 per cent. “We made a deal with Indonesia…We have full access into Indonesia,” the US president told reporters. The US president said

Gold declines Rs 500 to Rs 98,870/10 g; silver falls Rs 1,000 to Rs 1.11 lakh/kg

New Delhi, Jul 16 (PTI) Falling for the second straight session, gold prices depreciated Rs 500 to Rs 98,870 per 10 grams in the national capital on Wednesday due to continuous selling by stockists, according to the All India Sarafa Association. On Tuesday, the precious metal of 99.9 per cent purity had declined by Rs 200 to close at Rs 99,370 per 10 grams. Meanwhile, gold of 99.5 per cent purity slipped Rs 400 to Rs 98,400 per 10 grams (inclusive of all taxes). It had settled at Rs 98,800 per 10 grams in the previous market session. Also, silver

Stock markets edge up amid weak global market trends, tariff-related uncertainty

Mumbai, Jul 16 (PTI) Benchmark stock indices Sensex and Nifty closed marginally higher on Wednesday as investors stayed on the sidelines amid weak global market trends and tariff-related uncertainty. Rising for the second day in a row, the 30-share BSE Sensex edged up 63.57 points or 0.08 per cent to settle at 82,634.48. During the day, it hit a high of 82,784.75 and a low of 82,342.94. The 50-share NSE Nifty ended 16.25 points or 0.06 per cent higher at 25,212.05. Among Sensex firms, Mahindra & Mahindra, Tech Mahindra, State Bank of India, Infosys, Adani Ports and ITC were the

Rupee falls 18 paise to close at 85.94 against US dollar

Mumbai, Jul 15 (PTI) The rupee declined 18 paise against the US dollar to close at 85.94 (provisional) on Wednesday, tracking a strengthening American currency against major crosses overseas amid uncertainties over the India-US trade pact. However, renewed foreign capital inflows and sliding global crude prices supported the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened weak at 86.02 against the dollar. It traded in the range of 85.74-86.05 during the day before closing at 85.94 (provisional), down 18 paise from its previous close. In the previous session, the rupee appreciated 16 paise to

1 … 825 826 827 828 829 … 1,633