Mumbai, Aug 22: The rupee fell 27 paise to close at 87.52 (provisional) against the greenback on Friday as domestic equity markets ended weaker and the US dollar strengthened ahead of the speech of Fed Chairman Jerome Powell. However, inflow of foreign funds and a drop in Brent crude prices supported the domestic unit at lower level. At the interbank foreign exchange, the local unit opened at 87.37 against the greenback and traded in the range of 87.32-87.55 before [] The post Rupee declines 27

MUMBAI, Aug 21: Stock markets extended the winning run to the sixth consecutive day on Thursday, with benchmark Sensex closing higher by nearly 143 points on buying in blue-chip shares ICICI Bank and Reliance Industries. The 30-share BSE Sensex climbed 142.87 points or 0.17 per cent to settle at 82,000.71 in a restricted trade. During the day, it rallied 373.33 points or 0.45 per cent to 82,231.17. As many as 14 Sensex shares closed higher, while 16 ended with losses. [] The post Stock markets e

New Delhi, Aug 21: Rajya Sabha on Thursday passed The Promotion and Regulation of Online Gaming Bill amid protests and sloganeering by the Opposition. Union Minister Ashwini Vaishnaw had moved The Promotion and Regulation of Online Gaming Bill as passed by Lok Sabha for consideration and passing in Rajya Sabha. Highlighting the aspects of the bill, the Union Minister explained that there are three aspects of the bill E-sports, Online Social Gaming and Online Money Gaming out of which [] The pos

NEW DELHI, Aug 18: The units of Knowledge Realty Trust, sponsored by realty firm Sattva Group and Blackstone, listed with a premium of 4 per cent on Monday against the issue price of Rs 100 per unit. The unit started trading at Rs 104, up 4 per cent from the issue price on the BSE. At the NSE, it listed at Rs 103, a premium of 3 per cent. The companys market valuation stood at Rs 47,328.35 crore. The [] The post Units of Knowledge Realty Trust lists with 4 pc premium appeared first on Daily Exc

JAMMU, Aug 17: Union Minister Jitendra Singh on August 17, 2025 said the civilian administration, military and paramilitary forces have swung into action to carry out rescue and relief operations in Jammu and Kashmirs Kathua district where four persons have died in a cloudburst. The cloudburst hit Jod Ghati village of Rajbagh during the intervening night of Saturday and Sunday, snapping access to the village and causing damage to land and property, they said. Spoke to SSP Kathua Sh. Shobhit [] T

NEW DELHI, Aug 13: Markets regulator Sebi has banned Dewan Housing Finance Corp Ltds former CMD Kapil Wadhawan, ex-director Dheeraj Wadhawan, and four others from the securities markets for up to five years and imposed a penalty totalling Rs 120 crore on them for diverting funds and fabricating books. Additionally, they have been restrained from holding any key position in a listed company for up to five years. Apart from Kapil and Dheeraj, restraints have been imposed on Rakesh [] The post DHF

New Delhi, Aug 12: Parliament on Tuesday passed the new Income Tax Bill, with the Rajya Sabha returning the legislation to the Lok Sabha. Finance Minister Nirmala Sitharaman introduced the two money bills The Income Tax Bill, 2025, and The Taxation Laws (Amendment) Bill, 2025. The Rajya Sabha returned the legislation with a voice vote to the lower house. The Income Tax Bill will replace the Income Tax Act, 1961. Explaining the reasons for bringing the new income tax [] The post Parliament Passe

NEW DELHI, Aug 12: Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had settled at Rs 1,02,520 per 10 grams. In the local markets, gold of 99.5 per cent purity dipped Rs 1,000 to Rs 1,01,100 per 10 grams (inclusive of all taxes) on Tuesday. [] The post Gold plunges Rs 1,000 amid sell-off in global markets appea

NEW DELHI, Aug 11: Markets regulator SEBI has proposed introducing a single window access for low risk foreign investors seeking to participate in the Indian securities market, a move aimed at simplifying compliance and enhancing the countrys attractiveness as an investment destination. The new framework Single Window Automatic & Generalised Access for Trusted Foreign Investors (SWAGAT-FI), if implemented, would provide easier investment access to low risk foreign investors, enable a unified r

Chennai, Aug 10: After marking a humble beginning in Indian space programme with a tiny rocket supplied by the United States, ISRO would launch a 6,500 kg communication satellite built by the USA in the next couple of months, the Chairman of space agency, V Narayanan said on Sunday. Following the historic launch of NASA-ISRO Synthetic Aperture Radar (NISAR) mission onboard a GSLV-F16 rocket on July 30, ISRO would be launching another satellite for the United States, he said at [] The post ISRO t

NEW DELHI, Aug 10:BharatPe will raise funds before the initial public offer, but the listing will take place only when market conditions are favourable, a top official of the unicorn fintech firm said. BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. Whatever goals we set for ourselves, we have gone ahead and achieved themprofitability has to remain intact, and thereafter, once the market conditions are right, we wi

NEW DELHI, Aug 8: The Centre on Friday announced the subsidised retail sale price of tomatoes in the range of Rs 47-60 per kg in the national capital through the National Cooperative Consumers Federation of India (NCCF), to provide relief to buyers. The NCCF, which has been procuring tomatoes from Azadpur mandi since August 4, is retailing them with minimal margins, the consumer affairs ministry said. To date, NCCF has sold 27,307 kilograms of tomatoes at retail prices ranging from [] The post C

Mumbai, Aug 7: Benchmark equity indices Sensex and Nifty declined in early trade on Thursday as US President Donald Trump slapped an additional 25 per cent duty doubling it to 50 per cent on Indian goods over New Delhis continued imports of Russian oil. The move that is likely to hit sectors such as textiles, marine and leather exports hard was slammed by India as unfair, unjustified and unreasonable. With this action singling out New Delhi for the [] The post Stock Markets Decline In Early Tr

Shimla, Aug 6: Heavy rain led to the closure of 617 roads, including four national highways, and educational institutions in parts of Himachal Pradesh on Wednesday, officials said. The Kinnaur Kailash Yatra was suspended as the rain on Tuesday night left behind a trail of destruction along the Kinnaur Kailash Yatra route, they said. Moderate to heavy rain continued to lash parts of the state. Kasauli has received 145 mm of rain since Tuesday night, Dharampur 122.8 mm, Gohar 120 [] The post Heavy

Mumbai, Aug 6: In a unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday. The Monetary Policy Committee (MPC), which met on the 4th, 5th, and 6th of August, carefully reviewed the latest economic and financial conditions before taking this decision. The Governor said that all six members of the MPC [] The post RBI Kee

New Delhi, Aug 5: Around 1,670 kilometres of additional roads have been constructed or blacktopped in Ladakh since it was granted Union Territory status in 2019, the Lok Sabha was informed on Tuesday. In a written reply, Minister of State for Home Affairs Nityanand Rai said that the Union Territory of Ladakh is now well equipped with snow-clearance machinery to ensure road connectivity during heavy snowfall. Helipads have also been constructed at various locations to improve overall connectivity

NEW DELHI, Aug 5: Gujarat retained its position as Indias top exporting state in 2024-25, with outbound shipments worth Rs 9.83 lakh crore, accounting for 26.6 per cent of the countrys total exports, FIEO said on Tuesday. It said despite a marginal dip from the previous year, Gujarats exports remained significantly ahead of all other states, nearly Rs 4.3 lakh crore more than Maharashtra (Rs 5,57,271 crore), the second-ranked state. Maharashtra is followed by Tamil Nadu, Karnataka, Uttar Prades