Business

The rupee traded in a narrow range against the US dollar in early trade on Thursday as trade deal uncertainty and strong dollar demand offset support from foreign inflows. Weak sentiment persisted despite stable crude prices and equity inflows.

Paytm Payments Services Limited (PPSL), a One97 Communications subsidiary, received RBI approval to operate as a Payment Aggregator for offline and cross-border transactions, complementing its existing online aggregation license, enabling end-to-end payment solutions for merchants

Indian equities opened lower as Sensex and Nifty slipped amid weak global cues, Asian market declines and cautious sentiment before US inflation data. IT stocks gained, auto and pharma lagged, while FIIs and DIIs turned buyers in early trade Thursday

Gold and silver prices slipped on the MCX on Thursday as investors booked profits ahead of key US inflation data. Markets are closely watching CPI and PCE figures for cues on the US Federal Reserve’s interest rate outlook.

Finance Minister Nirmala Sitharaman said global trade is increasingly being "weaponised" through tariffs and other measures. She emphasized India must negotiate carefully, leveraging its economic strength to safeguard domestic industries amid rising international protectionism

The rupee showed early volatility on Wednesday as easing Brent crude support was offset by persistent FII selling and uncertainty over India-US trade talks. The domestic unit recovered partially, while Sensex and Nifty rose on early session buying.

Sensex and Nifty rose in early trade on Wednesday, supported by value buying and positive Asian cues. Domestic investors provided support despite heavy FII outflows. Brent crude gained, while select Sensex stocks led gains, and ICICI Bank, HDFC lagged.

Silver prices surged to record highs in domestic and global markets, driven by strong global cues, safe-haven demand, and rising expectations of US interest rate cuts, while gold prices remained subdued amid mixed trends and a weaker dollar

Indian equities rebounded in early trade as Sensex and Nifty rose on value buying, strong Asian cues and steady domestic inflows, despite recent losses and FII selling, with banks and IT stocks leading gains while some heavyweight stocks lagged marginally

The rupee remained volatile in early trade amid easing crude oil prices and sharp intraday recovery, but uncertainty over the India-US trade deal and sustained foreign fund outflows kept pressure on the currency despite supportive domestic equity market cues

A bipartisan group of US senators has introduced the Decreasing Russian Oil Profits (DROP) Act, proposing financial sanctions on foreign entities purchasing Russian oil to curb Moscow’s war funding, while allowing limited exemptions for countries that support Ukraine.

Sebi has launched recovery proceedings to collect Rs 18.14 crore from ‘Baap of Chart’ Mohd Nasiruddin Ansari and others for running unregistered investment advisory services. The regulator has frozen bank, demat and mutual fund accounts and barred asset transfers

Paris-based World Inequality Lab’s 2026 report paints a grim picture of highly skewed wealth distribution, urging nations to rethink their growth models

Karnataka’s cinema ticket ceiling ignores how competition from gaming, live entertainment, and a sprawling OTT landscape already checks pricing

The rupee has fallen from 90 a dollar to 91 in the last 10 trading sessions, and according to forex traders, the Indian currency might even cross the 92 per dollar-mark in December

The Delhi High Court has sought a response from the DGCA on a contempt plea filed by the Indian Pilots Guild, alleging non-implementation of revised flight duty time norms and granting of relaxations that compromise pilot fatigue management and passenger safety

HDFC Bank has received RBI approval to raise its stake in IndusInd Bank up to 9.5 per cent. The clearance is subject to compliance with banking, securities and foreign exchange regulations, and bars board representation

India’s unemployment rate fell to a seven-month low of 4.7 per cent in November 2025, driven by stronger rural employment and rising female participation, signalling improving labour market conditions despite urban joblessness remaining higher

India has sought consultations with the European Union at the WTO over safeguard measures imposing import quotas on certain ferro-alloy elements. New Delhi said the curbs would impact Indian exports, even as India and the EU negotiate a free trade agreement

In Amman, Prime Minister Narendra Modi invited Jordanian companies to invest in India, highlighting its 8%+ growth and emerging sectors like healthcare, dry-climate farming, and food infrastructure. He emphasized long-term India-Jordan economic cooperation and mutual benefits for businesses and citizens

Indian equities opened lower as Sensex and Nifty fell amid persistent foreign fund outflows, weak global cues and risk-off sentiment. Asian and US markets declined, while select stocks gained. FIIs sold, DIIs supported, limiting deeper downside during early Tuesday trade

Elon Musk has become the first person to cross a $600 billion net worth, driven by rising valuations of SpaceX, Tesla and xAI. The billionaire is now widely seen as moving towards becoming the world’s first trillionaire.

Calling Rs 90 per dollar ‘“not a big concern’ may calm markets, but it masks deeper structural flaws in the economy

India has proposed a preferential trade agreement with Mexico to mitigate the impact of steep import tariffs on Indian goods. The move aims to secure limited concessions quickly, protecting key export sectors affected by Mexico’s revised tariff regime