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Global Market Today: Asian stocks jump with US futures on Micron outlookAsian markets surged, mirroring US futures, as Micron Technology's stellar sales forecast reignited AI trade confidence. The chipmaker's sh...
S&P cuts India's FY27 growth forecast to 6.6%, sees inflation at 5.1%India's economic growth is projected to slow to 6.6% in 2026-27 due to energy pressures, a weaker monsoon, and global slowdown, S&P Global ...
Brent crude hits lowest since before start of Mideast war as more tankers exit HormuzGlobal oil prices plunged Wednesday, hitting multi-month lows as supply worries eased with tankers clearing the Strait of Hormuz. An interi...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay MalhotraDespite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set intere...
RBI intervention steadies rupee, governor's rate comment pulls down hedging costsThe Indian rupee showed resilience on Wednesday, recovering from earlier dips, a relief attributed to possible central bank measures. Concu...
Rupee slips as Fed rate expectations boost dollar, dent global stocksThe Indian rupee slipped a bit on Tuesday, aligning with global movements as the U.S. dollar climbed to its highest point in a year. The do...
Rupee flat as traders mull Fed rate path, keep eyes peeled for flow cluesThe Indian rupee held steady as falling oil prices provided some relief, though traders remained cautious due to anticipated US Federal Res...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
RBI overhauls Lead Bank Scheme after review, issues new guidelinesThe Reserve Bank of India has revamped the Lead Bank Scheme to boost district-level credit planning and financial inclusion. New guidelines...
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
A top banker tried to sway Pope Leo XIV on rare earth miningLatin America's development bank chief urged Pope Leo XIV to consider responsible rare earth mineral extraction, highlighting its potential...
President Murmu, PM Modi to launch projects worth over Rs 47,600 crore in OdishaPresident Murmu and Prime Minister Modi will jointly inaugurate development projects exceeding Rs 47,600 crore in Odisha. These initiatives...
Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scena...
Vice President CP Radhakrishnan to participate in International Yoga Day in LadakhVice President CP Radhakrishnan arrived in Leh for a three-day visit to Ladakh, coinciding with International Yoga Day celebrations. He wil...
Rupee records strongest week in 11 as bond inflows, softer oil prices lend supportThe Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and down...
India short-bond rally faces risks from cash drain, analysts SayBofA Securities and Bandhan AMC Ltd. expect the Reserve Bank of India to step up short-term cash withdrawal operations in coming months as ...
Global Market Today: Asian stocks edge lower with Fed decision in focusAsian stocks declined, mirroring Wall Street's tech sell-off as investors await the Federal Reserve's policy decision under Chairman Kevin ...
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...