MUMBAI, Apr 16:The rupee sustained its rally for the third straight session and settled with a gain of 12 paise at 85.68 (provisional) against the US dollar on Wednesday, boosted by the renewed inflow of foreign funds and a weak American currency. Positive domestic macroeconomic numbers amid the 90-day pause on US reciprocal tariffs triggered a buying rush in equities, strengthening the local currency, according to forex traders. Also, lower crude prices in international markets supported the d

NEW DELHI, Apr 15: Wholesale price inflation eased to 2.05 per cent in March, as against 2.38 per cent in February, government data showed on Tuesday. The wholesale price index (WPI) based inflation, however, rose year-on-year. It was 0.26 per cent in March 2024. Positive rate of inflation in March, 2025 is primarily due to increase in prices of manufacture of food products, other manufacturing, food articles, electricity and manufacture of textiles etc, the industry ministry said in a statement

NEW DELHI, Apr 15:Auto stocks rallied on Tuesday after US President Donald Trump said that he might temporarily exempt the industry from tariffs he previously imposed on the sector. Motherson jumped over 8 per cent, Bharat Forge surged nearly 6 per cent, Tata Motors rallied 4.70 per cent and Mahindra & Mahindra climbed 4 per cent on the BSE. The stock of TVS Motor surged 2.93 per cent, Bajaj Auto (2.67 per cent), Hero MotoCorp (2.42 per cent), Ashok [] The post Auto stocks rally as Trump consid

NEW DELHI, Apr 11: Gold prices surged by Rs 6,250 to hit a record high of Rs 96,450 per 10 grams in the national capital on Friday due to heavy demand from local jewellers and retailers, according to the All India Sarafa Association. Analysts said the precious metal hitting lifetime high levels in the international markets on strong safe-haven demand amid escalating US-China trade tensions boosted the domestic prices. On Wednesday, the yellow metal of 99.9 per cent purity [] The post Gold skyro

NEW DELHI, Apr 8:Gold prices fell by Rs 200 to Rs 91,250 per 10 grams in the national capital on Tuesday amid subdued demand in the local markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 91,450 per 10 grams on Monday. Gold of 99.5 per cent purity dipped Rs 200 to Rs 90,800 per 10 grams. It had concluded at Rs 91,000 per 10 grams in the [] The post Gold falls Rs 200 to Rs 91,250/10 g; Silver rebounds appeared first on Daily Exce

MUMBAI, Apr 3: The rupee pared its initial losses and settled for the day higher by 22 paise at 85.30 (provisional) against the US dollar on Thursday as the greenback weakened against its major peers after President Donald Trump unleashed reciprocal tariffs on about 60 countries. The domestic unit had witnessed a knee jerk reaction in early trade but soon gained the lost ground and ended the day on a positive note, after the US announced 27 per cent [] The post Rupee pares initial losses, settl

NEW DELHI, Apr 1:The price of Jet fuel, or ATF, on Tuesday was cut by a steep 6.1 per cent and the rates of commercial LPG that is used in hotels and restaurants were reduced by Rs 41 per 19-kg cylinder in the monthly revision done in line with benchmark international prices. The Aviation Turbine Fuel (ATF) price was reduced by Rs 5,870.54 per kilolitre, or 6.15 per cent, to Rs 89,441.18 per kl in the national capital [] The post ATF, commercial LPG rates cut appeared first on Daily Excelsior

NEW DELHI, Apr 1:Mid-size motorcycle maker Royal Enfield on Tuesday reported a 34 per cent jump in total sales at 1,01,021 units in March, as compared to 75,551 units in the same month last year. Domestic sales were at 88,050 units last month, as against 66,044 units in March 2024, up 33 per cent, Royal Enfield said in a statement. Exports grew by 36 per cent at 12,971 units, as compared to 9,507 units in the year-ago month. In [] The post Royal Enfield sales up 34 pc at 1,01,021 units in March

CHENNAI, Mar 29: The Chairman of Kerala-based diversified conglomerate Muthoot Pappachan Group, Thomas John Muthoot, has been elected as the Chairman of Confederation of the Indian Industry (CII), Southern Region for the year 2025-26. The President of Danfoss India Region, Ravichandran Purushothaman, has been elected Vice Chairman, CII said. Danfoss India, a subsidiary of Denmark-based Danfoss, is a leader in heating, ventilation, air-conditioning and compressors. Muthoot heads the Muthoot Pappa

NEW DELHI, Mar 28: The Government on Friday left interest rates unchanged on various small savings schemes, including PPF and NSC, for the fifth straight quarter beginning April 1, 2025. The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26 starting from 1st April, 2025 and ending on 30th June, 2025 shall remain unchanged from those notified for the fourth quarter (1st January, 2025 to 31st March, 2025) of FY 2024-25, said a finance [] The post Interest rates