Capital Outflows and Rising Dollar Demand Weigh on Markets Recent moves in the currency market have left traders and investors uneasy. Forex traders point to two main pressures: steady capital withdrawals by foreign investors and stronger dollar demand from importers. Together, these factors have cooled investor sentiment and added volatility to currency and financial markets. … Read more
Gold Futures Hover Near Record Levels on MCX Gold futures in the domestic market held close to all-time highs, with the February contract edging higher on the Multi Commodity Exchange (MCX). The yellow metal for February delivery rose by ₹357, or 0.26%, settling at ₹1,40,230 per 10 grams. Market Snapshot Contract: Gold futures, February delivery … Read more
IndiGo has been hit with a GST-related penalty of ₹13 lakh for the financial year 2021–22. The airline disputes the finding and has said it will challenge the decision in court. What the penalty means The notice concerns goods and services tax (GST) liabilities for the 2021–22 year. Authorities have levied a penalty of ₹13 … Read more
Insurance is meant to protect people from financial shocks. Yet many customers end up with products that do more harm than good. Meaningful insurance education must start with honesty: it should openly acknowledge that a number of approved and aggressively sold products can weaken financial well-being rather than strengthen it. Why some insurance products harm … Read more
Big shifts in retirement savings: what happened in 2025 Two important developments reshaped India’s retirement-savings landscape in 2025. Structural changes to the National Pension System (NPS) were introduced to boost household adoption, while the Employees’ Provident Fund Organisation (EPFO) moved decisively to curb complete withdrawals from provident fund accounts. Together, these moves mark a shift … Read more
The Indian rupee slid about 5.2% year-to-date as of December 19, 2025, making it the worst-performing major Asian currency so far this year. The move has drawn attention from businesses, investors and policymakers as they weigh the causes, fallout and what might come next. Why the rupee weakened The rupee’s decline reflects a mix of … Read more
Pilot in Delhi aims to free beneficiaries from office-specific constraints A pilot program launched in Delhi will allow beneficiaries to have their issues addressed at any regional office, removing the need to approach the specific office they were previously tied to, an official said. The move is intended to streamline service delivery and make it … Read more
Domestic prices hit ₹2.5 lakh per kg as white precious metal rally gains steam Prices of the white precious metal jumped sharply on the Multi Commodity Exchange (MCX), with domestic quotes topping ₹2.5 lakh per kilogram. The surge has been so rapid that the overall market valuation of the metal briefly climbed past that of … Read more
The Indian benchmark indices posted modest gains in early trade, with the 30-share BSE Sensex rising by 22.24 points to 85,063.69, while the 50-share NSE Nifty inched up by 16 points to 26,058.30. The early session showed a cautious market mood with only marginal upward movement. Early trade snapshot Both indices opened flat and eked … Read more
Board OKs major acquisition, creating a larger player in AI and cloud Coforge’s board has approved the acquisition of Encora in a deal valued at $2.35 billion. As part of the transaction, Coforge will issue 93.8 million shares. The combined company is expected to operate as a roughly $2.5 billion entity with a clear focus … Read more