Friday, June 13, 2025 | 08:02 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Economy

Oil prices surge 6% as Israel-Iran conflict rattles global markets

Brent crude jumps over 6 per cent while Sensex and Nifty decline as Israel targets Iranian nuclear sites and Tehran retaliates, fuelling inflation and geopolitical risks

Oil prices surge 6% as Israel-Iran conflict rattles global markets
Updated On : 13 Jun 2025 | 8:02 PM IST

Proposed India-China trade talks to cover rare earth supply concerns

India and China agree to hold functional dialogues on trade, rare earth supply, direct flights and visa facilitation during Vice Foreign Minister Sun's visit to Delhi

Proposed India-China trade talks to cover rare earth supply concerns
Updated On : 13 Jun 2025 | 7:50 PM IST

No immediate impact of Iran-Israel clashes on India's crude supply

Officials say India's crude and LNG imports remain steady but warn that any hostilities affecting the Strait of Hormuz could threaten oil flows from Gulf partners

No immediate impact of Iran-Israel clashes on India's crude supply
Updated On : 13 Jun 2025 | 7:20 PM IST

Stress in personal loans to alter asset quality trajectory: CareEdge

CareEdge expects a marginal rise in credit costs and gross NPAs in FY26 due to stress in unsecured personal loans and microfinance, though provisioning remains robust

Stress in personal loans to alter asset quality trajectory: CareEdge
Updated On : 13 Jun 2025 | 7:03 PM IST

RBI rejects bids for 30-year green bonds as investors seek high yields

Investors demanded higher returns for 30-year green bonds, prompting RBI to reject all bids at auction; bond yields rise amid absence of greenium and market caution

RBI rejects bids for 30-year green bonds as investors seek high yields
Updated On : 13 Jun 2025 | 6:38 PM IST

Basmati rice exports to Iran at risk if Israel conflict persists: Traders

Iran is one of the top buyers of Indian basmati rice; traders warn exports may take a hit if the Israel conflict continues and diplomatic tensions escalate

Basmati rice exports to Iran at risk if Israel conflict persists: Traders
Updated On : 13 Jun 2025 | 6:35 PM IST

India's forex reserves rise by $5.17 billion to $696.65 billion: RBI

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves

India's forex reserves rise by $5.17 billion to $696.65 billion: RBI
Updated On : 13 Jun 2025 | 5:56 PM IST

India moves to conserve rare earths, seeks halt to exports to Japan

In a recent meeting with auto and other industry executives, Indian Commerce Minister Piyush Goyal asked IREL to stop its exports of rare earths

India moves to conserve rare earths, seeks halt to exports to Japan
Updated On : 13 Jun 2025 | 4:17 PM IST

RBI skips 14-day main liquidity operation for third fortnight in a row

RBI holds back 14-day operation for third fortnight, despite ₹3-3.5 tn tax outflows expected, citing adequate liquidity and short-term rate stability

RBI skips 14-day main liquidity operation for third fortnight in a row
Updated On : 12 Jun 2025 | 11:30 PM IST
Updated On : 12 Jun 2025 | 11:30 PM IST

India's retail inflation hit 75-month low in May as veg prices dipped

CPI reading reported at 2.82%, lowest since February 2019

India's retail inflation hit 75-month low in May as veg prices dipped
Updated On : 12 Jun 2025 | 11:01 PM IST

India drops to 131st spot in WEF Gender Gap index, down from 129 in 2024

The Indian economy's overall performance improved in absolute terms by +0.3 points

India drops to 131st spot in WEF Gender Gap index, down from 129 in 2024
Updated On : 12 Jun 2025 | 10:57 PM IST

India Inc's ECB filings fell to $2.9 billion in April, shows RBI data

External commercial borrowings eased to $2.91 billion in April from $11.04 billion in March, with Shriram Finance and SMFG India among major ECB filers

India Inc's ECB filings fell to $2.9 billion in April, shows RBI data
Updated On : 12 Jun 2025 | 10:27 PM IST

Inventories of rare earth magnets may run dry by mid-July, says Icra

ICRA warns that rare-earth magnet inventories for EV motors may run dry by mid-July as China tightens export rules, leaving Indian auto makers facing serious supply disruption

Inventories of rare earth magnets may run dry by mid-July, says Icra
Updated On : 12 Jun 2025 | 10:25 PM IST

RBI allows STRIPS trading for state government bonds to boost liquidity

STRIPS allow dealers to sell principal and interest payments independently, enhancing liquidity in the state government securities market by enabling distinct trading of these components

RBI allows STRIPS trading for state government bonds to boost liquidity
Updated On : 12 Jun 2025 | 7:09 PM IST

RBI skips 14-day main liquidity operation for third straight fortnight

Market participants had expected the RBI to conduct a 14-day variable rate repo auction on Friday on account of the upcoming tax outflows which are seen sucking out rupee funds from the banking system

RBI skips 14-day main liquidity operation for third straight fortnight
Updated On : 12 Jun 2025 | 6:19 PM IST

Datanomics: India's heatwave crisis at boiling point; economic risks mount

The economic toll is rising too. India could see 34 million of the projected 80 million global job losses from heat stress by 2030

Datanomics: India's heatwave crisis at boiling point; economic risks mount
Updated On : 12 Jun 2025 | 4:38 PM IST

India's retail inflation dips to over 6-year low of 2.82% in May: Govt data

Cereal prices rose by 4.77% in May 2025, a slight moderation from April's 5.35% rise. Prices of pulses dropped 8.22%, following a 5.23% decline in April

India's retail inflation dips to over 6-year low of 2.82% in May: Govt data
Updated On : 12 Jun 2025 | 4:16 PM IST

India-EU FTA nears completion, says Goyal; focus now on non-tariff barriers

Piyush Goyal's remarks come just days after he claimed that the FTA between India and the four-nation European bloc will bring stability, predictability, and continuity to businesses in the regions

India-EU FTA nears completion, says Goyal; focus now on non-tariff barriers
Updated On : 12 Jun 2025 | 1:31 PM IST

At ₹11 trn, India Inc capex pips govt capex in FY25; will the trend last?

India Inc capex: While Reliance Industries saw a flattish capex growth in FY25, it cornered the biggest share in the capex pie in absolute terms

At ₹11 trn, India Inc capex pips govt capex in FY25; will the trend last?
Updated On : 12 Jun 2025 | 1:19 PM IST