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Home  Business

Business

Smart recovery likely in Indian markets, rupee to rebound to 91 against dollar: Report

Smart recovery likely in Indian markets, rupee to rebound to 91 against dollar: Report

  • Gold and silver prices tumble over 4 pc as West Asia tensions ease

    Gold and silver prices dropped sharply in Mumbai as easing West Asia tensions reduced safe-haven demand after Donald Trump signalled a pause in strikes on Iran. Weak global trends and improving sentiment pressured precious metals markets
  • Govt intensifies regulatory surveillance against GLP-1 based weight loss drugs

    The Indian government has intensified surveillance on unauthorised sale and promotion of GLP-1 receptor agonists, conducting nationwide inspections and issuing advisories. Authorities warned of strict action against violations, stressing patient safety amid rising misuse risks without proper medical supervision
  • Stock markets surge in early trade as Trump halts strikes on Iran’s energy infra

    Mumbai markets rebounded sharply as Sensex and Nifty surged in early trade, tracking global optimism after Donald Trump paused strikes on Iranian energy infrastructure. Easing oil prices and improved sentiment boosted equities, despite continued geopolitical uncertainty and recent foreign investor outflows 
  • India’s strategic oil reserves at 64% capacity, says govt

    India’s strategic petroleum reserves are currently filled to about 64 per cent of capacity, the Rajya Sabha was informed. The reserves can cover roughly 9.5 days of supply during disruptions, while the country continues diversifying crude imports amid West Asia tensions
  • Sensex crashes 1,836 points; Nifty slips below 22,600 amid global sell-off

    Indian stock markets plunged sharply, with Sensex falling 1,836 points and Nifty dropping below 22,600, amid weak global cues, rising crude oil prices, and escalating Middle East tensions. Continued FII outflows and rupee weakness further dampened investor sentiment
  • India emerging as strong pharma economy, says Jitendra Singh

    Union Minister Jitendra Singh said India is evolving into a strong pharma economy with growing global presence. He highlighted advancements in indigenous healthcare manufacturing, innovation, and policy support aimed at boosting quality, affordability and contribution to GDP
  • CoinDCX co-founders arrested in Mumbai over alleged crypto fraud case

    Mumbai police arrested CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal in connection with a Rs 71 lakh crypto fraud complaint. The company denied involvement, claiming the scam occurred through fake websites impersonating its platform and founders
  • Govt to auction 19 critical mineral blocks in 7th tranche

    Union minister G Kishan Reddy will launch the seventh tranche of critical mineral block auctions to boost India’s resource security. The move targets key minerals for clean energy, with reforms aimed at improving transparency and easing bidder participation
  • Elon Musk offers to pay TSA salaries during US funding impasse

    Elon Musk has offered to pay salaries of TSA personnel during a US funding impasse affecting airport operations. The situation has led to rising absenteeism among staff and growing concerns over disruptions to aviation security and passenger movement
  • Centre rolls back diesel price hike for Gujarat fishermen

    The Central government has ordered the rollback of a Rs 22.43 per litre diesel price hike for fishing boats in Gujarat after concerns raised by the state. The decision brings relief to fishermen dependent on subsidised fuel for their livelihoods
  • Gold dips nearly 6 pc during week amid profit booking, strong dollar

    Gold prices declined nearly 6 percent during the week due to profit booking and a stronger US dollar. Analysts expect continued pressure on precious metals amid geopolitical tensions, inflation concerns and signals from global central banks on interest rates.
  • Air India, IndiGo, SpiceJet seek rollback of free seat rule, warn of fare hike

    Airlines have opposed the government’s mandate for free selection of 60 per cent seats, warning it will lead to higher airfares. The FIA urged withdrawal of the rule, citing revenue losses, rising costs and potential impact on affordability for passengers
  • Premium petrol, industrial diesel costlier; retail rates steady

    Premium petrol prices were hiked by Rs 2 per litre and bulk diesel by about Rs 22 amid rising global crude prices, while retail petrol and diesel rates remain unchanged. The government said consumers will continue to be shielded for now
  • Flipkart Group CFO Sriram Venkataraman steps down

    Flipkart CFO Sriram Venkataraman announced his exit, staying temporarily for a smooth transition. Ravi Iyer will oversee finance, while Nishant Verman rejoins as SVP of Corporate Development and Partnerships. Flipkart, backed by Walmart, includes Myntra and other subsidiaries
  • Global oil prices fall up to 3 pc as US signals easing of Iran crude sanctions

    Global oil prices fell as the US signaled potential easing of sanctions on Iranian crude, easing Strait of Hormuz tensions. Brent dropped 3.39%, WTI 3.22%. Indian markets rebounded, while US equities closed slightly lower amid mixed global trading
  • Gold, silver prices climb up to 3 pc as geopolitical tensions appear to ease

    Gold and silver prices surged up to 3% on Friday in domestic and global markets, driven by easing West Asia tensions and safe-haven demand. Despite gains, analysts warn of weekly declines amid inflation concerns, strong dollar, and uncertain interest rate outlook
  • Stock markets rebound in early trade after sharp fall in previous session

    Mumbai markets rebounded sharply on Friday as Sensex and Nifty surged following a previous steep fall, aided by easing crude oil prices amid hopes of Middle East de-escalation, while most stocks gained, despite continued foreign investor selling pressure in markets today
  • Centre unveils RELIEF scheme to shield exporters from crisis

    The Centre launched a Rs 497 crore RELIEF scheme to support exporters hit by West Asia conflict disruptions, offering logistical support, extended export obligations and financial relief to offset rising freight, insurance costs and operational uncertainties in key Gulf trade routes
  • Markets tumble as oil surge and global tensions trigger biggest fall in two years

    Indian stock markets plunged sharply as rising global tensions and a surge in crude oil prices triggered the steepest single-day fall in nearly two years, with benchmark indices, broader markets and key sectors witnessing significant selling pressure.
  • UK confers Knighthood insignia on Tata Group Chairman Chandrasekaran

    Tata Group Chairman Natarajan Chandrasekaran was conferred an honorary KBE by the British government for strengthening UK-India business ties. The award recognizes his leadership in Tata’s investments, employment, and innovation across technology, automotive, steel, and consumer sectors.
  • Atanu Chakraborty resigns as HDFC Bank chairman citing ethical concerns

    Atanu Chakraborty resigned as part-time chairman of HDFC Bank citing ethical concerns, marking an unprecedented mid-term exit. Keki Mistry was appointed interim chairman as the RBI approved leadership transition
  • Stock markets tumble in early trade on boiling crude oil prices, weak global trends

    Mumbai markets plunged early Thursday as Sensex and Nifty fell sharply, ending a three-day rally amid surging crude oil prices, weak global cues, and heavy FII outflows. Banking and financial stocks led losses, while energy shares showed limited resilience
  • Opinion: Who really pays the price of global instability?

    Consumption is not merely market behaviour — it reflects deeper economic resilience and vulnerability
  • Rupee hits record low of 92.63 against US dollar amid outflows

    The rupee fell to a record low of 92.63 against the US dollar, pressured by foreign fund outflows, strong dollar demand and geopolitical tensions, even as domestic equities gained and crude prices showed slight easing in global markets.
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