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Home  Business

Business

Rupee rises 26 paise to 89.92 against dollar in early trade

Rupee rises 26 paise to 89.92 against dollar in early trade

  • Pandorum teams up with Bharat Biotech subsidiary

    Pandorum Technologies has partnered with Bharat Biotech arm Nucelion Therapeutics to expand manufacturing of its exosome-based regenerative therapies across the Asia-Pacific region, strengthening regional supply, regulatory readiness and India’s biologics manufacturing capabilities
  • RBI proposes to cap banks’ dividend payout at 75 per cent of net profit

    The Reserve Bank may restrict dividend distribution or profit remittance in cases of regulatory non-compliance, the draft stated 
  • Reliance says not received any Russian oil in three weeks, none expected in Jan

    Reliance Industries confirmed it has not received Russian crude for nearly three weeks and expects none in January, halting imports at its SEZ refinery to comply with EU sanctions, amid reports linking three tankers to its Jamnagar complex
  • Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment

    Equity benchmarks Sensex and Nifty fell sharply in early trade amid heavy selling in Reliance Industries, HDFC Bank and others, as investor sentiment weakened following fresh US tariff warnings against India, persistent volatility, and continued foreign fund outflows despite stable domestic fundamentals
  • Rupee rises 18 paise to 90.12 against US dollar in early trade

    Rupee strengthened 18 paise to 90.12 per dollar in early trade, aided by weaker dollar and lower crude prices. Gains were capped by tariff threats from Donald Trump, FII outflows, geopolitical tensions and weak domestic equity markets; sentiment persists Tuesday
  • Editorial: Address farmers’ concerns

    The Indian government must allay growing fears that the Seeds Bills will increase corporate control and marginalise farmers
  • Opinion: Counting what counts after COP30 — Measure adaptation, not just emissions

    Without clear measures of livelihoods protected, climate finance will stay carbon-focused, even after COP30
  • India introduces new e-B-4 visa for Chinese businessmen

    The new visa is introduced in view of the growing demand for business visas to travel to India. It will be issued in about 45 to 50 days, with permission to stay in India for up to six months
  • Tata Group looking for new chiefs for Air India, Air India Express

    Both sides — Wilson and Tata Group — don't want a renewal of the contract after 2027, according to source  
  • Gold, silver rally on safe-haven demand after US action in Venezuela

    Gold and silver prices surged on Monday amid strong safe-haven demand following US action in Venezuela. Geopolitical uncertainty, expectations of US rate cuts and a weaker rupee supported domestic bullion prices, though gains were capped below December record highs.
  • Andhra Pradesh achieves another major milestone, says CM Naidu

    Andhra Pradesh’s Visakhapatnam Refinery commissioned HPCL’s Residue Upgradation Facility, featuring three of the world’s heaviest reactors. The upgrade, part of the Visakh Refinery Modernisation Project, enhances fuel production, energy security, and regional socio-economic growth, supporting India’s Atmanirbhar Bharat initiative
  • Trump’s plan to seize, revitalize Venezuela’s oil industry faces major hurdles

    Trump’s plan to take control of Venezuela’s oil industry is unlikely to affect oil prices immediately. Years of mismanagement and sanctions have left production low, requiring massive investment and political stability before output can significantly rise
  • SBI to promote India-Israel trade in rupee

    SBI Israel is facilitating trade between India and Israel in Indian rupees, including payments through Special Rupee Vostro Accounts. The move supports bilateral trade, remittances from Indian workers, and growing economic ties amid FTA discussions and strategic cooperation
  • Sensex, Nifty slip in early trade as IT stocks weigh on markets

    Benchmark indices Sensex and Nifty declined in early trade on Monday, weighed down by losses in blue-chip IT stocks. Asian markets traded mixed, while investors remained cautious amid geopolitical concerns and recent US action in Venezuela.
  • ‘PM Modi knew I wasn’t happy’: Trump hints at new tariffs over Russian oil

    US President Donald Trump warned India over Russian oil purchases, saying tariffs could be raised quickly. He claimed Prime Minister Narendra Modi understood Washington’s displeasure, while Senator Lindsey Graham linked reduced Russian oil imports to US tariff pressure
  • Rupee slips 4 paise to 90.24 as US action in Venezuela boosts dollar

    The rupee weakened by 4 paise to 90.24 against the US dollar in early trade on Monday as geopolitical tensions following US military action in Venezuela boosted demand for the greenback, despite lower crude prices offering limited support.
  • Andhra Pradesh tops India’s investment chart with 25.3% share in FY26

    Andhra Pradesh has become India’s top investment destination in FY26, attracting over 25% of total proposed investments. Backed by reforms, infrastructure and policy clarity, the State is emerging as a key driver of India’s next industrial growth phase.
  • Mcap of 7 of top-10 most valued firms surges Rs 1.23 lakh cr

    Seven of India’s top-10 valued firms added over Rs 1.23 lakh crore in market capitalisation last week, tracking a broader market rally. Reliance Industries led the gains, while TCS, Infosys and Bajaj Finance saw valuation declines
  • Tesla loses world’s top EV maker title as sales skid for second straight year

    Chinese rival BYD, which sold 2.26 million vehicles last year, is now the biggest EV maker
  • FAIFA urges rollback of tobacco excise hike, warns of smuggling risk

    The Federation of All India Farmer Associations has urged the Centre to roll back higher excise duties on tobacco products, warning that steep taxes could hurt farmers, trigger smuggling and undermine revenue neutrality promised under GST reforms.
  • Rupee rises 6 paise to 89.92 against US dollar in early trade

    The rupee traded range-bound on Friday, appreciating six paise to 89.92 against the US dollar amid thin liquidity and RBI intervention. Forex traders expect USD/INR to remain in a narrow band despite foreign fund outflows.
  • Stock markets rally in early trade, Sensex up 158 points to 85,346.79

    Indian equities opened higher on Friday as Sensex and Nifty gained in early trade, led by Reliance Industries and domestic institutional buying, despite continued foreign investor selling, firm Asian markets, and a modest rise in global crude oil prices benchmark
  • SEBI cracks whip on DU Digital Global price manipulation, bars 26 traders

    Securities and Exchange Board of India has barred 26 individuals from the securities market for manipulating DU Digital Global shares on the SME platform, ordering disgorgement of Rs 98.78 lakh and imposing penalties of Rs 1.85 crore over an artificial price surge
  • Sensex, Nifty open 2026 on optimistic note amid strong DII buying

    Equity benchmarks Sensex and Nifty began the first trading session of 2026 on a positive note, supported by steady domestic institutional buying and gains in Reliance Industries. Global cues remained limited as major overseas markets were closed for New Year’s Day.
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