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Stock Markets Snap Two-Day Rally as Inflation, Weak Rupee Weigh on Sentiment

India, May 16 -- Last Updated on May 16, 2026 12:02 am by INDIAN AWAAZ By Our Business Correspondent Domestic equity benchmarks ended moderately lower on Friday, snapping a two-session winning strea... Read More


Gold prices down by 1.6%, silver by 5.6%

India, May 16 -- Last Updated on May 16, 2026 12:40 am by INDIAN AWAAZ In the Indian bullion market, 24 Carat Gold was trading over 1.6 per cent down at 1 lakh 59 thousand 990 rupees per 10 grams, wh... Read More


Rupee depreciates by 21 paise to close at 95.97 against US dollar

India, May 16 -- In the forex market today, the rupee depreciated by 21 paise to close at a record low of 95 rupees and 97 paise against the US dollar. The dollar index, which indicates US dollar's st... Read More


India's Forex reserves rise by $6.2 bn in first week of May

India, May 16 -- Last Updated on May 16, 2026 12:37 am by INDIAN AWAAZ India's foreign exchange reserves rose by 6.2 billion US dollars, standing at 696 billion US dollars for the week ending May 8. ... Read More


SEBI Relaxes PAN Norms to Smooth Operational Hurdles for FPIs

India, May 16 -- Last Updated on May 16, 2026 12:37 am by INDIAN AWAAZ BIZ DESK The Securities and Exchange Board of India has issued clarification regarding mandatory information required under the... Read More


PCCB probes 8.23bn/- projects in Singida, recovers 167m/-

SINGIDA, May 16 -- The Prevention and Combating of Corruption Bureau (PCCB) in Singida Region has helped recover more than 167m/- after inspecting several projects worth 8.23bn/- during the period fro... Read More


90 Tanzania firms register for carbon trading, as it rapidly expands the green economy sector

DAR ES SALAAM, May 16 -- OVER 90 Tanzanian companies have begun registering for carbon trading, as the country experiences a rapid expansion of the green economy sector that has already delivered mult... Read More


Masauni insists on tree planting for sustainable forest and land management

KILOSA, May 16 -- THE Minister of State in the Vice-Presidents Office, Hamad Masauni, has said environmental conservation cannot succeed through policies and statements alone, but requires practical a... Read More


Uongozi Institute graduates urged to demonstrate integrity, innovation,d boldness in serving Tanzania

DAR ES SALAAM, May 16 -- THE Minister of State in the Presidents Office for Public Service Management and Good Governance, Ridhiwani Kikwete, has urged graduates of the UONGOZI Institute to demonstrat... Read More


Yanga to have ultramodern stadium in coming 18 months

DAR ES SALAAM, May 16 -- THE new Young Africans stadium is expected to be completed within 18 to 24 months following the official launch of the project in the Jangwani area of Dar es Salaam. Speaking... Read More