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June 19, 2026, 10:49 AM - 2 min read
At the interbank foreign exchange market, the rupee opened at 94.30 and quickly gained strength to touch 94.20, registering a gain of 20 paise from its previous close.
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June 17, 2026, 04:46 PM - 4 min read
Joshi formally assumed charge of the top position on June 16, taking over the reins of the organisation after serving in an interim capacity for several months.
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June 16, 2026, 05:08 PM - 2 min read
Analysts said the decline came a day after bullion prices surged on optimism that an agreement between Washington and Tehran could end months of conflict and reopen the Strait of Hormuz, a key artery for global energy trade.
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June 16, 2026, 04:57 PM - 3 min read
"Social and economic services together accounted for about two-thirds of total expenditure, reflecting states’ focus on welfare and development," said the CAG's Publication on State Finances 2024-25.
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June 16, 2026, 04:50 PM - 3 min read
The survey highlighted that gold's role during periods of crisis remains one of the strongest factors driving central bank demand.
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June 16, 2026, 04:35 PM - 3 min read
The upward momentum was driven by a buoyant trend across global equities and a continued decline in international crude oil prices, following a landmark peace agreement between the United States and Iran.
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June 16, 2026, 04:19 PM - 4 min read
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading at 99.61, lower by 0.01 per cent.
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June 15, 2026, 04:52 PM - 1 min read
Imports, too, grew 20.62 per cent to USD 73.41 billion in May, leaving a trade deficit of USD 28.21 billion.
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June 15, 2026, 04:40 PM - 3 min read
Dalal Street's strong upward momentum was directly fuelled by an engineered peace breakthrough between the US and Iran, which triggered a corresponding slide in global crude oil prices.
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June 15, 2026, 04:29 PM - 4 min read
The May WPI-based inflation is the highest in the current series with a base year of 2022-23.
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June 15, 2026, 04:13 PM - 3 min read
The development comes as US President Donald Trump announced the finalisation of peace deal between the US and Iran.
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June 13, 2026, 03:46 PM - 3 min read
Inflation could rise to 5% in FY27, prompting 50-75 basis points of rate hikes as food and fuel risks intensify, an ICICI report said.
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