Global giant Accenture’s warning on slower growth sent India’s IT stocks tumbling on Friday, wiping out billions of rupees in market value and dragging the Nifty IT index down more…
Author: Admin
Sensex down 700 points: Why is stock market falling today after a 5-day rally?
Dalal Street started in the red with benchmark indices opening sharply lower on Friday, with a massive dragging the broader market into the red despite supportive factors such as lower…
Rupee falls 21 paise to 94.71 against US dollar in early trade
The rupee depreciated 21 paise to 94.71 against the US dollar in early trade on Thursday on US Federal Reserve’s hawkish stance and the broad strength of the American currency…
Rupee’s oil relief capped by RBI’s FX book, interest payment hedges, bankers say
Rupee’s rally on lower oil prices is likely to be constrained by the central bank’s unwinding of its sizable FX forward book and hedging of interest obligations on foreign currency…
Rupee rises 31 paise to 94.29 against US dollar in early trade
The rupee appreciated 31 paise to 94.29 against the US dollar in early trade on Wednesday as Brent crude oil prices and the US dollar index retreated further from their…
Rupee ends flat as crude oil-led rally faces off against dollar demand; Fed verdict looms
Rupee ended broadly unchanged against the U.S. dollar on Wednesday, coming down from a six-week high and giving up almost all of the day’s gains that were triggered by a…
Strait of Hormuz reopening: Recovery likely in phases from July, LPG to get priority
The reopening of the Strait of Hormuz (SoH) is expected to commence in phases, starting in July, with priority given to liquefied petroleum gas (LPG), given India’s dependence on West…
Facing African hurdles, Indian rice exports value down 10% in FY26
A slack performance in the African region dragged Indian exports by over 10 per cent in value, though the overall volume was up 6.5 per cent in the 2025-26 financial…
Indian refiners in no hurry to return to West Asian oil as Hormuz reopens
India’s state-run refiners have already secured enough crude for the next two months and are in no rush to resume purchases from West Asia even if the Strait of Hormuz…
Kerala budget proposes dedicated gold corridor in Kochi-Thrissur belt
Seeking to leverage position as the largest gold-consuming state, the state government has unveiled plans to develop the Kochi–Thrissur belt into a major jewellery manufacturing corridor and establish a dedicated…