The jolted currency markets by barring banks from offering the most widely used offshore rupee trading instrument, sending the currency to its biggest gains since 2013. The move — targeting…
Category: Market
US-Iran war fallout: Investors lose over ₹41 lakh crore; FIIs sell Indian stocks worth over ₹1.3 lakh crore since Feb 28
Dalal Street is bleeding, investors are panicking, and foreign capital is flowing out of the Indian stock market incessantly due to the US-Iran war. The combined forces of the US…
Nifty claws back 500 points from day’s low; after a volatile session
Markets staged a dramatic intraday turnaround on Thursday, April 2, 2026, with the recovering over 500 points from its session low to close marginally higher, as geopolitics, crude oil, and…
Adani Energy Solutions sets board meeting date to consider and approve Q4 results 2026
(AESL) has informed investors that its Board of Directors is scheduled to meet on Thursday, April 23, 2026, to review and approve the audited standalone and consolidated financial results for…
Reliance SEZ refinery exempt from windfall export tax on diesel, ATF
The reimposed windfall export taxes on diesel and aviation turbine fuel (ATF) will not apply to Reliance Industries’ SEZ refinery due to judicial rulings, a senior official said on Thursday.…
Eli Lilly’s weight-loss pill seen generating billions, challenging Novo Nordisk
Eli Lilly’s newly approved weight-loss pill is expected to generate billions in sales as soon as this year, with analysts betting it will quickly narrow Novo Nordisk’s head start in…
Oil firms incur ₹24/litre loss on petrol, ₹104 on diesel as crude crosses $100; govt keeps pump prices steady
Oil marketing companies (OMCs) in India are currently incurring significant losses on fuel sales as global crude oil prices surge amid the ongoing West Asia conflict, even as retail fuel…
Goldman Sachs completes $2 billion Innovator Capital acquisition to boost ETF business
Goldman Sachs said on Thursday it has completed the acquisition of active exchange-traded fund provider Innovator Capital Management, expanding the Wall Street bank’s presence in the fast-growing active ETF segment.…
CCIL imposes volatility margin on dollar-rupee forwards amid market swings
The Clearing Corporation of India has imposed an additional margin on dollar-rupee forward trades after witnessing significant volatility in the market, it said on Thursday. Volatility margin imposed amid market…
Explainer. Why RBI is clamping down on FX arbitrage
India’s central bank has activated crisis-era measures to support the , which has fallen to an all-time low as oil prices soared and foreign investors pulled money out at a…