The Indian rupee fell to a historic low of ₹92.67 against the US dollar on March 18, driven by rising crude oil prices and economic risks tied to tensions in the Middle East. The Indian rupee slipped on Monday, March 18 to breach ₹92.50 against US dollar for the first time ever extending its recent…
While immediate shortages are unlikely, rising crude prices and higher freight and insurance costs could impact India’s import bill and inflation India holds sufficient crude and fuel inventories to meet domestic demand for petrol, diesel, and other fuels for six to eight weeks, top government sources said, cushioning the country against any short-term supply disruption…
The Sensex crashed 1,236 points, while the Nifty 50 ended at 25,454.35. Investors lost about ₹8 lakh crore as the overall market capitalisation of BSE-listed firms dropped to nearly ₹464 lakh crore during the day from ₹472 lakh crore in the previous session. The Indian stock market saw a sharp selloff on Thursday, February 19,…
India and France likely to ink pact for purchase and coproduction of Rafales during French President Emmanuel Macron’s visit to India late next week Ahead of French President Emmanuel Macron’s visit to India from February 17, The Defence Acquisition Council, headed by Defence Minister Rajnath Singh, on Thursday gave initial clearance for a deal…
Historical trends indicate that the Indian market typically underperforms in January preceding a budget, with the Nifty falling in four of the last five years due to profit-booking and policy uncertainty, an analyst said. Finance Minister Nirmala Sitharaman will be presenting Union Budget 2026 on February 1. Investors are looking forward to a rally ahead…
Check how much you need to maintain in HDFC, SBI, Kotak Mahindra, among other private and public sector banks’ savings accounts amid ICICI Bank’s move to hike its minimum balance requirement to ₹50,000/month for its metro and urban branches. Minimum balance rule in banks: Banks in India have different slabs of monthly account balance…
Anthem Biosciences IPO shares will be listed on both NSE and BSE on July 21, while the allotment is expected on July 17. Anthem Biosciences IPO fully subscribed on July 15. Anthem Biosciences IPO got fully subscribed at 1.15 times on the second day of share sale on July 15. The initial share sale…
Gold and Silver ETFs rise in June: Experts see continued traction in precious metal ETFs, as investors look to diversify beyond traditional equity and fixed income in an increasingly complex macro environment The strong inflows into precious metal ETFs in June can be attributed to a combination of macroeconomic and market-driven factors. Net investments into…