Today News Report

Benchmark equity indices rebounded strongly on Monday, rising over 1 per cent each after three consecutive sessions of steep losses, as investors returned to blue-chip banking and domestic-focused stocks amid bargain buying.The 30-share BSE Sensex surged 938.93 points, or 1.26 per cent, to close at 75,502.85. During the session, it touched an intra-day high of…

Manufacturing activity picked up pace in May, with output growth strengthening and companies stepping up purchases of raw materials. (AI image) Amid the Middle East conflict, India’s manufacturing saw robust growth, with activity gathering momentum in May and expanding at the fastest pace in three months. The growth is supported by robust demand, ongoing infrastructure…

The United States and Bangladesh on Monday finalised the United States–Bangladesh Agreement on Reciprocal Trade, wrapping up negotiations as both countries stepped in to strengthen bilateral economic ties. Under the revised framework, Bangladeshi exports to the American market will attract a 19% tariff, marginally lower than the 20% imposed in August and significantly below the…

“Indian equity markets are expected to open on a sharply negative note, with Gift Nifty trading at 23,134, down by 306 points, as Asian equities opened weak amid escalating geopolitical tensions and weakness in US technology stocks, weighing on overall risk sentiment. In the previous session, the Nifty 50 ended a range-bound session with a…

In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…