The National Stock Exchange (NSE) is in discussions with the Indian Gas Exchange (IGX) to develop and launch Indian natural gas futures, an initiative aimed at strengthening the country’s natural gas market ecosystem, PTI reported.The proposed futures contract is expected to provide market participants with a transparent, efficient and robust risk management tool aligned with…
The rupee weakened by 7 paise to close at 89.94 (provisional) against the US dollar on Thursday, pressured by higher crude oil prices, sustained foreign fund outflows and a firmer greenback, PTI reported.Forex traders said the local unit also faced headwinds from renewed concerns over potential US tariff action and weak sentiment in domestic equities….
Gold prices opened lower on Thursday amid a mix of technical pressures and global macro cues, while silver traded higher. On the Multi Commodity Exchange (MCX), February gold futures slipped Rs 324 to trade at Rs 1,37,685 per 10 grams, reflecting mild profit-booking after recent volatility. The subdued trend in gold followed a choppy week…
India’s economic expansion in FY26 may exceed current official projections once the government adopts a revised GDP base year, a report by State Bank of India (SBI) has indicated. At present, the National Statistical Office’s (NSO) first advance estimates place real GDP growth at 7.4% for FY26, marking a rise from 6.5% recorded in FY25….
Air India has taken delivery of its first Boeing 787-9 Dreamliner since returning to private ownership, signalling steady progress in the Tata Group-led overhaul of the airline’s long-haul fleet, PTI reported citing an official.The aircraft, handed over at Boeing’s Everett facility in Seattle on January 7, is the first “line fit” Dreamliner built specifically for…
Bharat Coking Coal Limited (BCCL), a wholly owned subsidiary of Coal India, is set to launch its initial public offering (IPO) on Friday. The issue is witnessing robust demand in the grey market, with shares trading at a premium of around Rs 11.5, indicating a possible listing price of Rs 34–35 per share against the…
As part of a wider overhaul, the government is also looking to revisit and recalibrate the duty structure governing transactions between special economic zones. (AI image) Budget 2026: The Narendra Modi government is looking to revamp the customs duty slabs and tariff structure in the Union Budget 2026. FM Nirmala Sitharaman is expected to present…
Silver prices took a dive on Thursday, falling by Rs 10,000 during trading hours. The March 2026 futures on MCX dropped from Wednesday’s closing of Rs 2,50,605 per kg to Rs 2,40,605, before settling at Rs 2,43,911 by midday. This sharp decline comes after December’s record high of $83.60 per ounce.The steep price correction hinted…
HDFC Bank’s shares were lower by 1 per cent at Rs 942 on Thursday, marking its fourth consecutive day of fall. HDFC Bank shares have already slumped 4 per cent amid earnings concerns with the third-quarter earnings to be out on January 17.Despite this slowdown, analysts are hopeful about the overall performance of the bank…
The prolonged selloff has eroded investor wealth. (AI image) Stock market crash: Sensex and Nifty are on a declining spree with both benchmark indices crashing in the last few days. Today is the fourth consecutive session of decline for the stock markets as mounting geopolitical risks, the threat of higher Trump tariffs and mixed corporate…
