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RUPEE BREACHES 92 MARK
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...- Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
- Why market rallied today? Sensex zooms 1,700 points, Nifty closes above 23,600. 4 key factors behind Rs 10 lakh crore gainsSensex and Nifty surged 2% each, adding Rs 10 lakh crore in market cap, as easing oil prices and US-Iran peace hopes boosted sentiment. Bro...
- Rupee rallies as oil slump sparks unwinding of dollar longsThe Indian rupee experienced a robust uptick against the dollar on Friday, sparked by newfound optimism regarding peace talks between the U...
- Nifty Bank surges 700 points to one-month high; HDFC Bank, Yes Bank, PNB, other stocks rise 2%. What lies ahead?Bank stocks saw a significant jump on Friday, propelling the Nifty Bank index to a one-month peak. This surge followed news of a potential ...
- Novo Nordisk hit by cyber incident, probes data breachDanish drugmaker Novo Nordisk has confirmed a security incident. Unauthorised access to internal IT systems occurred. Certain non-public da...
- War-wary, May equity MF inflows fall 40% to year lowEquity mutual fund inflows experienced a significant 40% drop in May, reaching a 12-month low of ₹22,908 crore. This decline, the steepest ...
- Gift Nifty signals a negative start; here's the trading setup for the dayNifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stab...
- Market wrap: Sensex rises 64 points, Nifty closes below 23,250; broader markets crashIndian stock markets saw mixed trading as the Sensex eked out marginal gains while the Nifty slipped into the red. Small and midcap indices...
- Quote of the day by Mark Ruffalo: 'I was living in a dump. She thought I was a mess, but believed in me and kept encouraging me. I don’t know if I would have made it without her' - A reminder that one person's faith can change your life by The Avengers and Now You See Me actorHollywood actor Mark Ruffalo once shared a simple yet powerful quote about his wife, Sunrise Coigney. She supported him when he had nothing...
- Wednesday Motivation quote by Mark Twain: 'The man with a new idea is a crank until the...'Mark Twain's most famous novels, 'The Adventures of Tom Sawyer' and 'Adventures of Huckleberry Finn', are considered classics of American l...
- Quote of the day from investing legend Howard Marks: 'You have to be prepared for when things go against you. You have to survive on the bad days' - Life and investing lessons from Mastering the Market Cycle authorHoward Marks, a renowned investor, stresses survival over maximum returns. In one of his famous quotes, he advises investors to build resil...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- Gift Nifty hints at muted start for D-Street; key trading cues for todayIndian benchmark indices experienced a sharp sell-off on June 8, influenced by global market weakness, escalating geopolitical tensions, an...
- RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
- GIFT Nifty falls over 300 pts; here's trading setup for the dayIndian stock markets are set for a range-bound week. Investors are reacting to the RBI's updated economic forecasts and growing global risk...
- IITs deny JEE Advanced data breach; CBSE files plaint over cyber attacksIITs have denied claims of a data breach on the JoSAA portal for JEE Advanced. They state a minor misconfiguration was immediately fixed wi...
- IIT Roorkee: JEE-Advanced data breach claims misleading, factually incorrectIIT Roorkee has refuted claims of a data breach impacting JEE (Advanced) aspirants. The institute stated that a temporary cloud storage mis...
- Government said to weigh up to $525 million Hindustan Zinc share saleThe government is considering selling up to a 2% stake in Hindustan Zinc Ltd., a move that could raise around Rs 5,000 crore. The stake sal...
- Tax-cut hopes lift Indian bonds but RBI hike fears loomReuters and local media reported that the government is considering scrapping the 12.5% capital gains tax on overseas investors and the 2...
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