Image used for representative purpose only. | Photo Credit: Reuters Shares of cigarette and tobacco product makers ITC, Godfrey Phillips and VST Industries dropped on Friday (January 2, 2026) morning, extending their previous day’s decline, after the government imposed an additional excise duty on such products effective February 1. ITC’s stock tumbled 5.11% to ₹345.35…
Image used for representative purpose only. | Photo Credit: Reuters Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing ₹7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. The withdrawal of funds followed the largest outflow of ₹1.66 lakh…
Zoho. File | Photo Credit: Reuters Human resources solutions provider CIEL HR Services has raised ₹30 crore from 88 investors, including Zoho Corporation, Pegasus India and Standard Fireworks, ahead of its proposed initial public offering (IPO). In a public announcement, the Chennai-based company said it carried out a pre-IPO placement of 27,27,272 equity shares at…
London’s benchmark FTSE 100 stocks index topped 10,000 points for the first time on January 2, 2026, extending a record run seen last year. Image used for representation purpose only. | Photo Credit: Reuters London’s benchmark FTSE 100 stocks index topped 10,000 points for the first time on Friday (January 2, 2026), extending a record…
Image used for representation purpose only | Photo Credit: Getty Images/iStockphoto The Indian rupee slipped below the 90-mark and settled the day lower by 22 paise at 90.20 (provisional) against the U.S. dollar on Friday (January 2, 2026), amid disappointing macroeconomic data and strengthening of the American currency in overseas markets. Forex traders said persistent…
Mumbai, India – December 4, 2018: The BSE (formerly Bombay Stock Exchange) is Asia’s oldest stock exchange. | Photo Credit: th-online Administrator Equity benchmark index Nifty hit its lifetime peak before closing 182 points higher on Friday (January 2, 2026) and the BSE Sensex jumped 573 points, powered by strong buying in power, banking and…
The overall kitty had increased by $4.368 billion to $693.318 billion in the previous reporting week. File | Photo Credit: Reuters India’s forex reserves jumped by $.293 billion to $696.61 billion in the week to December 26, the RBI said on Friday (January 2, 2026). The overall kitty had increased by $4.368 billion to $693.318…
Representative image | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty began the first trading session of 2026 on an optimistic note, supported by steady buying by domestic institutional investors and strong gains in blue-chip Reliance Industries. The 30-share BSE Sensex climbed 223.54 points to 85,444.14 in early trade on Thursday (January 1, 2026)….
Gold climbed more than 50% this year and broke through key levels in 2025. Silver and platinum have also hit record highs. | Photo Credit: Getty Images As 2025 draws to a close, gold has been one of the standout performers in global markets, hitting repeated record highs amid safe‑haven demand and expectations of U.S….
Image used for representative purpose only. | Photo Credit: Reuters The rupee depreciated 10 paise to close at 89.98 (provisional) against the U.S. dollar on Thursday (January 1, 2026), the first trading session of 2026, as sustained foreign fund outflows and a negative trend in domestic equities dented investor sentiments. Forex traders said the USD/INR…
