Business
India-US trade talks: US team likely to visit India next month, interim pact negotiations continue
A US delegation is expected to visit India next month for trade negotiations concerning a proposed bilateral trade agreement (BTA). This visit follows earlier discussions in Washington D.C. to finalize details of an interim trade pact and advance broader BTA negotiations. Both nations are committed to a mutually beneficial trade framework, with the agreement anticipated
Business
Rupee hits fresh record low: Why the Indian currency breached 96 against US dollar
Rupee hit a fresh record low of 96.07 against the US dollar on Friday, extending its losing streak over three straight sessions amid soaring crude oil prices and escalating tensions in West Asia. At the interbank foreign exchange market, the rupee opened at 95.86 against the US dollar and slipped further to 95.94, down 30
Business
India’s trade deficit widens to $28.38 billion in April as imports jump 10%; Middle East shipments fall 31.6%
India’s merchandise trade deficit surged to $28.38 billion in April, driven by a 10% rise in imports despite a significant drop in shipments from the Middle East. Elevated crude oil prices and global supply disruptions contributed to increased import costs, raising concerns about the external sector and the rupee’s stability.
Business
Petrol, diesel price hike: Indian Oil director calls it ‘very small rise’; says refineries operating at over 100% capacity
The government on Friday raised petrol and diesel prices by Rs 3 per litre nationwide. In Delhi, petrol prices increased from Rs 94.77 to Rs 97.77 per litre, while diesel rates moved up from Rs 87.67 to Rs 90.67 per litre.
Business
Fuel prices today: Centre raised petrol, diesel prices by Rs 3 after weeks of no change – key details
Fuel prices saw a Rs 3 per litre increase on Friday. This move follows significant losses for state-run oil companies due to soaring global crude oil prices. The conflict in West Asia disrupted key shipping routes, pushing up import costs for India. This price adjustment comes after a period of frozen rates, impacting transportation and
Business
Gold price prediction: Where are gold prices headed on May 15, 2026 & what should investors do?
Gold price prediction today: Gold prices are seeing a weak intra-day bias, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. He recommends a sell on rise strategy:
Business
Asian stocks today: Markets retreat as Iran war worries, inflation fears weigh on markets
Asian markets saw a downturn Friday, with investor enthusiasm for AI stocks waning due to inflation worries, high oil prices, and Middle East tensions. Despite this, Wall Street reached new peaks overnight, buoyed by tech gains and strong corporate earnings. Investors are closely watching US-China trade talks for any significant breakthroughs.