Ahmedabad, A special CBI court in Ahmedabad has convicted and sentenced four accused, including two former officials of UCO Bank, to five years of Rigorous Imprisonment along with fines in two separate bank fraud cases, officials said on Tuesday.
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India’s trade performance has remained robust and resilient, with exports recording a steady upward trajectory both in the current financial year and over the longer term (FY 2021-25) despite the global uncertainty, the Parliament was informed on Tuesday.
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Indian stocks markets jumped on Tuesday, with Sensex and Nifty rising nearly 2% to recover more than half of the losses incurred during yesterday’s massive crash. This came as US President Donald Trump’s announcement of a brief pause in bombing…
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The rupee’s record low against the dollar offers a modest competitive edge to Indian exporters, particularly in sectors like textiles and leather. However, rising input costs and a higher crude oil bill are likely to offset these gains, with industry…
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Goldman Sachs has lowered its 2026 growth forecast for India to 5.9 percent. The firm anticipates a 50 basis points increase in policy rates. This adjustment stems from the Indian currency’s sharp depreciation and rising oil prices. Elevated crude costs…
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Gold and silver prices tumbled on Tuesday, extending recent losses. A stronger U.S. dollar and diminished hopes for early Federal Reserve rate cuts weighed heavily on the precious metals. Elevated Middle East tensions also contributed to the bearish sentiment, impacting…
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