Rupee rises one paisa against US dollar

Rupee rises one paisa against US dollar

Friday, 21 March 2025 | Press Trust of India | Mumbai

The rupee stayed firm and appreciated 1 paisa to close at 86.36 (provisional) against the US dollar on Thursday supported by positive domestic equities. Forex traders said the Indian rupee has staged a counterattack against external pressures, gaining support from strong foreign inflows into debt markets. However, risks remain due to unabated...

Safeguard measures to cut India’s steel imports by 50 per cent in FY26: Experts

Friday, 21 March 2025 | Press Trust of India | New Delhi

India’s steel imports could reduce by 50 per cent in FY26 while domestic manufacturers’ profitability is expected to improve, if the government levies a safeguard duty on inbound shipments, experts have said. The Directorate General of Trade Remedies (DGTR), the investigation arm of the commerce ministry, has recommended imposition of a...

No windfall tax on oil companies after new law: Puri

Friday, 21 March 2025 | Press Trust of India | New Delhi

Oil and gas companies will not face any new taxes like the windfall profits tax after the coming into effect of a new law that promises stability of fiscal regime, Petroleum Minister Hardeep Singh Puri said. Parliament has passed the Oilfields (Regulation and Development) Bill, 2024 that provides policy stability...

Gold futures hit lifetime high of Rs 89,796/10g

Gold futures hit lifetime high of Rs 89,796/10g

Thursday, 20 March 2025 | PTI | New Delhi

Gold prices maintained a rising momentum for the third consecutive session to reach another all-time high of Rs 89,796 per 10 grams on Thursday, following a firm trend in global markets. On the Multi Commodity Exchange (MCX), the precious metal contracts for April delivery hit a record high of Rs 89,796...

Sensex, Nifty surge in early trade powered by rally in IT stocks

Sensex, Nifty surge in early trade powered by rally in IT stocks

Thursday, 20 March 2025 | PTI | Mumbai

Stock markets surged in early trade on Thursday powered by a rally in IT stocks and firm trends in the US equities after the Federal Reserve maintained its rate cut projections for this year. The 30-share BSE benchmark Sensex jumped 478.13 points to 75,927.18 in early trade. The NSE Nifty surged...

Let us secure farmers’ future through reform and unity

Let us secure farmers’ future through reform and unity

Thursday, 20 March 2025 | Binod Anand

It’s time to end the agitation. Let’s Focus on Real Solutions for Indian Farmers.Indian agriculture stands at a defining moment. The image of a farmer sowing seeds in the fertile fields of Punjab or harvesting crops in the sun-drenched plains of Maharashtra reflects the soul of the nation. Over the...

NAR-INDIA to Host NARVIGATE

Thursday, 20 March 2025 | Pioneer News Service | New Delhi

The National Association of Realtors India (NAR-INDIA), in collaboration with APP Delhi NCR, successfully insights into the future of Indian real estate ahead of NARVIGATE 2025 — the 17th NAR India Annual Convention, scheduled for March 21-22 at JW Marriott, Aerocity. The conference brought together industry leaders to discuss evolving...

Rupee rises 12 paise to settle at 86.44

Thursday, 20 March 2025 | Press Trust of India | Mumbai

Rising for the fourth straight session, the rupee appreciated 12 paise to close at 86.44 (provisional) against the US dollar on Wednesday, supported by a positive trend in domestic equity markets and lower global crude oil prices. However, a strengthening American currency against major currencies overseas ahead of the US Federal...

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