calender_icon.png 23 July, 2026 | 12:30 AM

Market/Money

India-US pact enters final stage, Washington confirms

23-07-2026

External Affairs Minister Subrahmanyam Jaishankar met US Secretary of State Marco Rubio in Manila on Wednesday to discuss priority areas including trade, tariffs, energy, defence, critical minerals, and artificial intelligence.

continue reading

Mkts decline for 3rd day on oil surge; pharma tariff worries

23-07-2026

Benchmark indices Sensex and Nifty tumbled nearly 1% on Wednesday, taking losses to the third consecutive day following a sharp spike in crude oil prices and selling in bank stocks.

continue reading

Steep US tariffs may dent India’s generic medicines exports

23-07-2026

The proposed steep tariffs announced by the US on generic medicines could significantly affect India's largest pharmaceutical export market, economic think tank GTRI stated on Wednesday.

continue reading

‘Launch cost cuts, space-grade mfg key as India eyes global space ambitions’

23-07-2026

Lowering launch costs through high-payload capabilities, indigenous production of critical space-grade components, and unlocking the downstream satellite data economy will be crucial for India to emerge as the world's third-largest space economy, a senior Department of Telecommunications official stated on Wednesday.

continue reading

Banking liquidity squeeze lifts short-term borrowing costs

23-07-2026

A sharp narrowing of liquidity in the banking system following goods and services tax outflows has pushed up short-term money market rates over the past few days.

continue reading

Rupee falls 28p to close at 96.53 per USD

23-07-2026

The rupee depreciated by 28 paise to close at 96.53 against the US dollar on Wednesday, weighed down by surging crude oil prices and heightened geopolitical uncertainty.

continue reading