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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...
Rupee slumps as elevated crude, Treasury yields support dollarA raft of measures aimed at supporting the currency battered by the impact of the months-long Iran war had boosted the rupee to its best da...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
Gold extends losses on US interest rate-hike fearsGold prices dipped on Monday, extending previous losses amid U.S. interest rate hike fears. Meanwhile, escalating tensions in the Gulf sent...
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other citiesPetrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crud...
RBI to hold rates in June; majority now expect hike by year-end: PollThe Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike ...
Rupee rises 5 paise to 95.53 against US dollar in early tradeThe Indian Rupee gained ground against the US Dollar today. This rise follows an agreement between the US and Iran to extend a ceasefire. F...
Vijay Kedia says long-term capital gains tax should be abolished for nation building. Here’s whyAce investor Vijay Kedia has urged the government to abolish long-term capital gains (LTCG) tax on listed equities, stating that long-term ...
Indonesia blocks Polymarket over online gambling concerns after bets on president's exitIndonesia has blocked the prediction market Polymarket. This action is part of a wider crackdown on online gambling. Polymarket was reporte...
Oil slump, central bank support manifest in rupee’s three-day winning streakThe Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank o...
Any relief rally in markets likely limited and temporary: David RocheGlobal markets are reacting prematurely to geopolitical shifts, according to macro strategist David Roche. He argues that recent oil and eq...
RBI ready to do 'whatever is required' to curb rupee volatility: Sanjay MalhotraThe Reserve Bank of India is ready to act to stabilize the foreign exchange market. Governor Sanjay Malhotra indicated the rupee may be und...