Stock market benchmark indices Sensex and Nifty tumbled on Sunday afternoon trade after the Budget proposed to raise Securities Transaction Tax to 0.05 per cent on commodity futures from 0.02 per cent.
Markets regulator Sebi has granted a no-objection certificate (NOC) to the country's largest bourse, National Stock Exchange (NSE), to proceed with its long-awaited public listing, an official said on Friday.
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The rupee recovered from its lowest level and gained 9 paise to trade at 91.90 against the American currency in early deals on Friday, supported by lower crude oil prices in the international market.
Gold and silver prices are expected to remain at elevated levels amid persisting global uncertainties, unless a durable peace is established and trade wars are resolved, according to Economic Survey 2025-26.
The rupee hit an all-time low of 92.00 against the American currency in early trade on Thursday, weighed down by steady dollar demand and a cautious global mood.
The rupee depreciated 31 paise to settle at 91.99 against the US dollar on Wednesday, touching the lowest closing level for the second time in less than a week, amid increased month-end demand for the greenback.
The rupee gained 11 paise to 91.57 against the US dollar in early trade on Wednesday, supported by a retreating dollar index and the landmark India-EU trade deal.
Union Minister K Rammohan Naidu on Wednesday said the efforts are on to improve the manufacturing ecosystem that will help India become a global exporter of aviation components and products.
The rupee rebounded from its all-time low levels and gained 10 paise to trade at 91.80 against the US dollar in early deals on Tuesday, as the dollar index retreated from its elevated levels.
IndiGo has vacated more than 700 slots at various domestic airports, following aviation watchdog DGCA curtailing the country's largest airline's winter flights by 10 per cent after massive operational disruptions in early December, according to sources.
