14-06-2025
Rising for the third consecutive day, gold prices on Friday surged Rs 2,200 to trade near a record high of Rs 1,01,540 per 10 grams in the national capital amid heightened tensions following Israel's military strike on Iran, which drove investors to the safe-haven asset.
14-06-2025
Investor sentiment at Dalal Street remained cautious, and key indices continued their declining trend on Friday as Israel launched strikes across Iran, targeting Iran’s nuclear sites. Rising crude prices have further made investors adopt a wait and watch policy.
14-06-2025
India's forex reserves increased by USD 5.17 billion to USD 696.65 billion for the week ended June 6, the RBI said on Friday. The overall reserves had dropped by USD 1.237 billion to USD 691.485 billion for the week ended May 30. Forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024.
14-06-2025
India inflation is likely to average around 2.5 per cent for the next six months, lower than the RBI's forecast of 3.5 per cent, an HSBC report said on Friday. The June inflation print is trending a tad lower than May levels.
14-06-2025
Markets regulator Sebi on Friday urged Chief Financial Officers (CFOs) to reduce the time lag between the announcement of financial results and the publication of full annual reports, which is aimed at enhancing investors' confidence.
14-06-2025
The rupee plummeted 59 paise to 86.11 against the US dollar on Friday due to a spike in global oil prices and a firm dollar amid rising tensions in the Middle East following Israel's attack on Iran's nuclear sites. Brent crude, the global oil benchmark, rose sharply by 7.27 per cent to USD 74.40 per barrel in futures trade.