Business

The Centre’s fiscal deficit stood at Rs 9.8 lakh crore at the end of January, accounting for 63 per cent of the full-year Budget target for 2025-26, according to data released by the Controller General of Accounts (CGA), PTI reported.The deficit level was lower compared with 74.5 per cent of the annual target recorded during…

India’s foreign exchange reserves declined by $2.119 billion to $723.608 billion for the week ended February 20, according to data released by the Reserve Bank of India (RBI) on Friday, PTI reported.In the previous reporting week, the country’s overall reserves had risen sharply by $8.663 billion to touch a record high of $725.727 billion.During the…

India GDP growth (AI image) India’s real GDP grew at a robust 7.8% in the third quarter of FY 2025-26 according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). This is the first GDP data that has been released by MoSPI under the new series which revises the base year for…

Indian economy (AI image) India is the world’s fastest growing major economy – a feat it has consistently achieved for some time now. Based on the new GDP series, India’s economy grew at 7.8% in the third quarter of the current financial year, a marginal slowdown from 8.2% in the previous quarter, but above consensus…

Benchmark equity indices Sensex and Nifty fell more than 1 per cent on Friday as fresh foreign fund outflows and weak global cues weighed on investor sentiment amid rising geopolitical tensions.The 30-share BSE Sensex plunged 961.42 points, or 1.17 per cent, to close at 81,287.19. During the session, the index dropped as much as 1,089.46…

Gold prices traded in a narrow band on Friday, holding near elevated levels as domestic futures showed mild gains while retail markets reflected mixed trends across cities. Bullion sentiment remained supported by firm global cues even as some centres saw minor corrections.As of 15:19, gold futures on the Multi Commodity Exchange (MCX) indicated steady momentum….

Gold price prediction today (AI image) Gold price prediction today: Gold rates are showing a positive bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his detailed analysis on the intraday trading outlook:Gold April futures on MCX are trading near ₹1,60,100 after witnessing a sharp rebound from intraday lows…

CHENNAI: Asian footwear manufacturers are reviving plans to set up non-leather footwear factories in India, targeting exports to the American market, following a reduction in tariffs on Indian goods. Several investment proposals that had slowed over the past year after high tariffs were imposed by US President Donald Trump are now regaining momentum.Close to a…

Goyal said that India’s proposed trade pact with the United States could be adjusted if necessary. India-US trade deal: Commerce minister Piyush Goyal has said that India will continue to watch out for its interests and in the evolving situation around tariffs, the trade deal with the US may be rebalanced. Highlighting the uncertain global…

MUMBAI: Retail investors looking for a simpler way to plan for long-term goals such as retirement and children’s education may soon have some easier options. Markets regulator Sebi on Thursday allowed fund houses to launch life cycle funds.Life cycle funds are open-ended schemes designed around a target maturity date and a pre-set asset allocation glide…