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Rupee opened the week in green, recovering sharply in early trade after regulatory intervention aimed at curbing banks’ currency exposure. The currency climbed to 93.57 against the US dollar, on Monday, gaining 128 paise from its previous close, after opening at 93.62 in the interbank foreign exchange market. This comes days after the currency had…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex continued their rally on Wednesday rising almost 1% in opening trade. While Nifty50 went above 23,100, BSE Sensex rose over 700 points. At 9:16 AM, Nifty50 was trading at 23,126.65, up 214 points or 0.94%. BSE Sensex was at 74,775.22, up 707 points…
Stock market today (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex rallied in opening trade on Tuesday after a day of massive selloff. Hopes of an early halt to the US-Iran war led to the stock market rebounding. While Nifty50 went above 22,800, BSE Sensex was up over 1,100 points. At…
The Middle East conflict continues to squeeze global energy supplies as the war drags on, sending ripples of concern across markets worldwide. Against this uncertain backdrop, Saudi Arabia, appears long prepared for a worst-case scenario like this. The kingdom has effectively pressed the “contingency plan” button after the Strait of Hormuz was disrupted following US…
MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some air conditioner makers are feeling the heat of the West Asia conflict as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said.LPG is used in processes such as brazing of copper…
Blasts rock US embassy in Baghdad (AP photo) After issuing a strong warning that it would target American oil and military facilities in the region, Iran struck the United States embassy in neighbouring Iraq, escalating tensions in the Middle East conflict.The embassy compound in Baghdad was targeted by Iranian drones, according to multiple videos shared…
The US economy expanded at a markedly slower pace in the final quarter of 2025 than previously estimated, according to government data released on Friday, as consumer demand and public spending turned out weaker than earlier projected.The Commerce Department said gross domestic product (GDP) grew at an annual rate of 0.7 per cent in the…
India’s retail inflation edged higher in February, largely on the back of rising food prices, according to official data released on Thursday.Data from the National Statistics Office (NSO) showed that inflation measured by the Consumer Price Index (CPI) rose to 3.21 per cent in February, up from 2.74 per cent in January. Despite the increase,…
Rupee made a comback in the green territory on Thursday as it recovered 51 paise to trade at 91.54 against the US dollar in early trade, after slumping to record low a day earlier. The domestic currency had plunged 56 paise on Wednesday to settle at an all-time low of 92.05 against the dollar, dragged…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex staged a comeback on Thursday after deep cuts in its last two trading sessions. While Nifty50 rose above 24,600, BSE Sensex was up over 500 points. At 9:17 AM, Nifty50 was trading at 24,642.30, up 162 points or 0.66%. BSE Sensex was at…
