The Reserve Bank of India made a fresh purchase of 300 kg of gold during the January-March quarter. Image for representation only | Photo Credit: Reuters Despite high gold proves the demand for the yellow metal in India in the January to March quarter (Q1 2026) rose 10% Year on Year (YoY) to 150.6 tonnes…
Gasoline inventories fell by 8.47 million barrels, while distillate inventories fell by 2.60 million barrels. File | Photo Credit: Getty Images/iStockphoto Oil prices eased on Wednesday (April 29, 2026) from a multi-day rally as investors digested the ramifications of the United Arab Emirates‘ surprise decision to quit OPEC, though supply disruptions from the stalemated Iran…
Among the 30-Sensex firms, Eternal, Hindustan Unilever, Tata Steel, Larsen&Toubro, UltraTech Cement and Mahindra & Mahindra were the major laggards. File | Photo Credit: Reuters Benchmark stock indices Sensex and Nifty closed nearly 1% lower on Thursday (April 30, 2026) as crude oil prices, weak global trends and foreign fund outflows weighed on investor sentiment….
The rupee on April 30, 2026 hit a lifetime intraday low of 95.34 against the U.S. dollar. File | Photo Credit: Reuters The rupee on Thursday (April 30, 2026) hit a lifetime intraday low of 95.34 against the U.S. dollar before trading at 95.25 in the mid-session deals, tracking surging global crude oil prices and…
Representative image. | Photo Credit: Getty Images/iStockphotos The rupee depreciated 32 paise to an all-time low of 95.20 against the U.S. dollar in early trade on Thursday (April 30, 2026), weighed down by elevated Brent crude oil prices, hovering around $122 per barrel, and strong American currency. Forex traders said the USD/INR pair may see…
U.S. Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C. | Photo Credit: Reuters The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in…
Oil marketing companies are selling petrol and diesel at a loss of ₹14 per litre and ₹18 per litre, respectively, as elevated crude prices outpace capped retail fuel rates, squeezing marketing margins. Besides losses on petrol and diesel, the elevated energy prices post West Asia crisis are likely to leave companies with an under recovery…
Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: The Hindu Equity benchmark indices Sensex and Nifty rebounded nearly 1% on Wednesday (April 29, 2026), supported by bargain hunting in FMCG, auto and telecom stocks amid earnings optimism and a rally in Asian markets. Signs of potential de-escalation in geopolitical tensions also helped equity…
The Bombay Stock Exchange (BSE) logo is seen at the BSE building in Mumbai, India. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (April 29, 2026) helped by buying in blue-chip stocks and a rally in Asian markets. Buying by domestic institutional investors also offered support,…
The rupee depreciated by 24 paise against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated 24 paise to 94.39 against the U.S. dollar in early trade on Tuesday (April 28, 2026), weighed down by elevated crude oil prices and month-end dollar demand amid a broader shift toward safe-haven assets. Forex traders said…
