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Rupee closes at 95.21 vs USD, falls on-week as merchant, NDF-linked flows blunt dollar retreatThe Indian rupee experienced a slight uptick on Friday, yet ended the week on a weaker footing due to overwhelming dollar demand driven by ...
RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
RBI tells parliamentary panel that virtual digital assets like cryptocurrency a threat to economyThe Reserve Bank of India has informed a parliamentary panel that virtual digital assets like cryptocurrency pose a threat to India's devel...
Over 1.80 lakh farmers in Chhatrapati Sambhajinagar eligible to get total loan waiver of Rs 1,632 crOver 1.80 lakh farmers in Chhatrapati Sambhajinagar are set to benefit from a Rs 1,632 crore loan waiver under a new state scheme. The Puny...
SP Group to issue Rs 25,500 crore bonds against Tata Sons stakeShapoorji Pallonji Group is launching a ₹25,500-crore bond issue, leveraging its 18.37% stake in Tata Sons. The bond's repayment hinges on ...
Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take partParliament's Standing Committee on Finance is set to scrutinize the regulatory future of Virtual Digital Assets (VDAs) on July 2nd. The com...
Global Market Today: Asian stocks fall on Korean chip selloff, oil dipsAsian markets tumbled as chipmaker stocks experienced a sharp decline, sparking fears the AI rally might have overheated. Concerns also sur...
Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
US stocks today: US stocks dip as US-Iran tensions weigh on sentimentUS stocks fell as US-Iran tensions weighed on sentiment, dragging Dow, S&P 500 and Nasdaq lower. Tech stocks led declines even as Meta surg...
Fed's Warsh: Will decide on rate hike when policymakers 'shut the door' at next meetingAt an international monetary policy forum, Federal Reserve Chair Kevin Warsh stressed the necessity of maintaining a 2% inflation target. H...
Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
Global Market: European shares pause after rally, doubts linger over Iran peace dealEuropean stocks faced a minor setback on Wednesday, taking a brief respite following a strong performance in the second quarter. The invest...
US Stock Market: US Supreme Court shields Fed independence, but leaves central bank more isolatedThe US Supreme Court has reaffirmed the Federal Reserve’s independence by blocking attempts to allow presidential removal of its governors ...
Australian shares slip on inflation concerns, miners top dragsThe benchmark S&P/ASX 200 index closed 0.5% lower at 8,778.70 on the final trading day of the current financial year. The index rose 3.5% f...
Nifty IT hits fresh 52-week low as Infosys, TCS, Wipro & others tumble up to 3%. What's spooking investors?The Nifty IT index fell more than 2% to a fresh 52-week low on Tuesday as persistent inflation concerns and uncertainty over the US Federal...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...
Dollar sways near 10-day lows as attention turns to BOJ and RBAA preliminary deal to end the Middle East war boosted global risk appetite, sending oil prices down and the U.S. dollar near 10-day lows. I...