India’s exports to the US declined 12.88 per cent year-on-year to $6.88 billion in February, weighed down by high tariffs, while the country’s trade deficit with China widened past $100 billion during the April-February period of the current fiscal, according to commerce ministry data released on Monday.Exports had contracted in September, October, December and January, […]
PhonePe pauses IPO as West Asia war roils markets
Mumbai: Walmart-backed PhonePe has paused its IPO amid volatility in the markets which have fallen by about 7% since the start of the West Asia conflict. In a statement on Monday, the fintech firm said that it will resume the listing process once there is some stability in global capital markets. “We sincerely hope for […]
Stock market today (March 16, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex? Check list
Benchmark equity indices rebounded strongly on Monday, rising over 1 per cent each after three consecutive sessions of steep losses, as investors returned to blue-chip banking and domestic-focused stocks amid bargain buying.The 30-share BSE Sensex surged 938.93 points, or 1.26 per cent, to close at 75,502.85. During the session, it touched an intra-day high of […]
Crude oil stocks adequate, refineries running at full capacity & petrol pumps operating normally: Govt
The government on Monday said India’s fuel supply situation remains stable, with adequate crude oil availability and refineries operating at peak capacity even as geopolitical tensions in Middle East continue to disrupt regional energy flows. Poll What is your primary source of information regarding fuel supply news? Addressing concerns over possible shortages, Sujata Sharma, Joint […]
Wholesale inflation hits 11-month high at 2.13%; crude surge may lift WPI further
Wholesale price inflation accelerated to 2.13 per cent in February–the highest level in 11 months–as firming prices of food and non-food articles kept cost pressures elevated despite some easing in vegetable inflation, official data released on Monday showed.The WPI-based inflation rate has now risen for the fourth consecutive month. It stood at 1.81 per cent […]
Rupee keeps falling and falling: Currency slips to all-time low of Rs 92.40 against US dollar amid oil surge, FII outflows
The rupee weakened by 10 paise to settle at a fresh record low of Rs 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and incessant withdrawal of foreign funds triggered by geopolitical uncertainties, PTI reported.The local currency, however, resisted a sharper fall as domestic equity markets staged a significant recovery […]
Vedanta clears Rs 2,575 crore NCD fundraise to refinance debt, strengthen balance sheet
Vedanta Ltd on Monday said its committee of directors has approved raising up to Rs 2,575 crore through the issuance of non-convertible debentures (NCDs), as the company looks to diversify funding sources and strengthen its balance sheet.According to a filing with the BSE, the panel has cleared the allotment of 2,57,500 unsecured, redeemable, rated and […]
India-US trade deal: Commerce secretary shares important update; ‘actual signing when new architecture of tariffs in place’
In early February, India and the US announced a trade deal framework under which the US cut tariffs on Indian exports to 18%. (AI image) India-US trade deal update: Amidst ongoing uncertainty related to tariffs under the Donald Trump administration, Commerce Secretary Rajesh Agrawal has shared an update on the India-US trade deal. The official […]
Gold price today (March 16, 2026): How much 18K, 22K and 24K gold cost in your city; check rates for Delhi, Mumbai & more
Gold started the week on a shaky note, slipping Rs 2,225 to hit Rs 1.56 lakh per 10 grams in Monday’s futures trade, dragged down by a firm US dollar and weak overseas markets. On the Multi Commodity Exchange, April gold contracts fell 1.4% to Rs 1,56,241 on a turnover of 7,881 lots. “Rising energy […]
US forced labour probe: China urges Trump to ‘immediately correct erroneous’ trade practices
China on Monday pushed back against the United States over a new set of trade investigations launched last week, saying that it has “lodged representations” with Washington and calling on the US to “correct its erroneous ways.” The response comes as trade negotiators from the two countries gather in Paris for talks. The latest US […]