India’s current account deficit (CAD) eased to 0.2% of GDP, or $2.4 billion, in the April–June quarter of 2025-26, down from 0.9% of GDP ($8.6 billion) in the same period a year earlier, the Reserve Bank of India said on Monday. The improvement was aided by higher services exports and stronger remittance inflows.In contrast, the […]
Auto sales dip in August: Buyers delay purchases; GST rejig hopes keep demand in check
Leading automakers, including Maruti Suzuki, Hyundai, Mahindra, and Tata Motors, reported a decline in vehicle dispatches to dealers in August as buyers deferred purchases amid expectations of lower prices under the proposed goods and services tax (GST) rejig.Maruti Suzuki India, the country’s largest carmaker, posted an 8% year-on-year fall in passenger vehicle dispatches at 1,31,278 […]
Gold rate today: Prices hit all-time high of Rs 1.05 lakh per 10g, silver nears Rs 1.26 lakh on global cues
Gold rate today: Gold prices surged for the sixth straight session on Monday, rising Rs 1,000 to hit a record Rs 1,05,670 per 10 grams in the national capital. The rally was driven by expectations of a US Federal Reserve rate cut this month and firm demand in overseas markets, according to the All India […]
Sebi’s cyber framework: Tiered relief proposed for small intermediaries; experts flag compliance risks
Sebi proposes revised rules for cyber-security framework Sebi’s recent clarifications on its Cybersecurity and Cyber Resilience Framework introduced tiered compliance standards, reducing requirements for smaller intermediaries. While the move is seen as a step toward strengthening market security and aligning with global norms, experts caution that smaller firms may still struggle with the costs and […]
GST collections hit Rs 1.86 lakh crore in August 2025; see 6.5% increase YoY – below July’s Rs 1.96 lakh crore
GST collections August 2025: The Goods and Services Tax (GST) collections reached Rs 1.86 lakh crore in August, showing a 6.5% increase compared to August of the previous year, according to official government figures released on Monday.The country’s gross GST collections amounted to Rs 1.96 lakh crore in the preceding month. The GST collections peaked […]
Silver price today: Silver crosses Rs 1.24 lakh to hit record high in futures trade; what’s driving the rally?
Silver booked records on domestic front and touched a record high since 2011 in COMEX on the back of safe haven buying. (AI image) Silver price today: Silver prices surged by Rs 2,597 on Monday, crossing the significant Rs 1.24 lakh threshold per kilogram in futures trading and hitting record highs, following robust performance in […]
Muted September for D-Street? Trends suggest caution for markets; GDP, GST and US tariffs send mixed cues
Historical patterns indicate a potentially muted period for Indian equity markets in September. Last year during this month, Indian stocks reached their highest points before experiencing significant volatility.Statistical analysis by Motilal Oswal Financial Services, cited by Economic Times, reveals that both Nifty 50 and Nifty 500 have declined in six out of the previous ten […]
Harvard’s Harry Dent predicts Bitcoin could disrupt $630 trillion financial market: ‘The biggest number in the world’ | Business
Harry Dent, the Harvard Business School graduate and economic forecaster often labeled a “doomsday expert” for his decades of bearish market predictions, has taken a surprisingly optimistic stance on cryptocurrency. In a recent conversation with Rich Dad Poor Dad author Robert Kiyosaki, Dent argued that Bitcoin and crypto technology could transform the $630 trillion global […]
Big boost! India’s manufacturing PMI hits 17.5-year high; rate of output expansion quickest in nearly 5 years
The HSBC report indicated that substantial domestic demand continued to support significant increases in factory orders. (AI image) In a big boost for the Indian economy, the manufacturing sector Purchasing Managers’ Index (PMI) rose to a 17.5-year high in August.The manufacturing sector demonstrated increased growth in August, with PMI rising to 59.3 from July’s 59.1, […]
US Labor Day 2025: Are banks, stock markets and stores open or closed on September 1? Check full list
US celebrates labour day on September 1 (Representative AI image) Labor Day, observed on the first Monday in September, honors the American labor movement and the millions of workers who power the US economy. This year, the holiday falls on September 1, and while it offers a long weekend for many, it also means some […]