Business

In 2014, India’s forex reserves were just over $300 billion; 12 years later, amid US-Iran war, they hit a lifetime high of $785.71 billion after a record $44.9 billion weekly jump

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Before the war began at the end of February, India’s foreign exchange reserves had already reached a record level. Amid the US-Iran war, India has achieved its highest foreign exchange reserves ever. Back in 2014, India’s forex reserves were around $300 billion. Since then, they have then risen most years, with the last few years … Read more

FPIs withdraw 13,100 crore from equities in 2 weeks

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New Delhi: Foreign investors pulled out Rs 13,138 crore from Indian equities in the first half of Sept, as heightened global uncertainty pushed crude oil prices higher, while rising US bond yields and a firm dollar weighed on risk appetite.The latest outflow comes after Foreign Portfolio Investors (FPIs) turned net buyers in July and Aug, … Read more

Petrol powers half of new cars if hybrids not counted

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NEW DELHI: Alternative-fuel vehicles may have overtaken petrol cars in India-but only if hybrids are counted as alternatives. FADA’s Aug registration data showed petrol’s share of passenger-vehicle retail declining to 40.8%, while CNG, electric and hybrid vehicles together reached 41.9%.The crossover appeared to mark a significant change in India’s fuel mix, with alternatives moving ahead … Read more

Brics 2026: Piyush Goyal hails unanimous adoption of New Delhi Declaration

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Piyush Goyal hails New Delhi Declaration, says it reflects collective resolve for a more resilient, innovative and equitable partnership Union commerce minister Piyush Goyal welcomed the unanimous adoption of the New Delhi Declaration at the 18th Brics Summit, saying that it reflects the collective resolve of member countries to build a more resilient, innovative, development-focused … Read more

India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge

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India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge India’s gem and jewellery exports rose 3.14% year-on-year to $2.30 billion (Rs 21,945.87 crore) in August, as a sharp increase in shipments of studded gold jewellery and higher diamond export volumes supported the overall performance, the Gem and Jewellery Export Promotion Council … Read more

Gold Prices: Fed, crude, dollar and Iran war: 4 factors that could move gold next week

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Gold and silver prices are likely to stay volatile (representative image) Gold and silver prices are likely to remain volatile next week, with the US Federal Reserve’s interest rate decision, crude oil movements, the US dollar and developments in the US-Iran conflict expected to drive market sentiment, analysts said.The September 15-16 meeting of the Federal … Read more

Bank holiday on Ganesh Chaturthi: Where are banks closed on September 14? Check state-wise list

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Bank holiday on September 14 Planning to visit a bank as the week begins? You might want to reschedule, with banks across various parts of the country set to remain shut on September 14 for Ganesh Chaturthi, which celebrates the birth of Lord Ganesha.However, the September 14 closure is state-specific, so bank branches will not … Read more

Stock market holiday: Are NSE, BSE closed for trading on Ganesh Chaturthi?

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Stock market holiday on September 14 Ganesh Chaturthi is falling on Monday, September 14 and investors are wondering whether the festival will affect trading in the stock and commodity markets.NSE and BSE follow their own trading holiday calendars, which are separate from holidays observed by banks and government offices. According to the 2026 exchange calendar, … Read more